Samimi CRE Advisors
    Listings/14110 Yukon Ave
    14110 Yukon Ave - Photo 1
    multifamilyActive Listing

    14110 Yukon Ave

    Hawthorne, CA 90250

    Valuation

    $7,500,000

    Key Specifications

    Total Units

    28

    multifamily

    Year Built

    1974

    Value-Add Era

    Interior

    18,310 SF

    $410 / SF

    Lot Area

    19,196 SF

    Unit Mix

    multifamily

    24x 1-Bed/1-Bath, 4x 2-Bed/1-Bath

    Investment Highlights

    28-unit multifamily asset in Hawthorne CA 90250, built in 1974
    Priced at a 10.24 GRM and 6.50% current cap rate
    Unit mix of (4) 2+1 (24) 1+1
    33 on-site parking spaces
    Not subject to local rent control (Only AB 1482)
    Opportunity to increase unit count to 43 units with ADU expansion

    Property Overview

    14110 Yukon Ave is a 28-unit multifamily property located in Hawthorne, CA, built in 1974 and recently renovated in 2024. The property offers strong in-place cash flow with an approximate 6.50% current cap rate and 10.24 GRM. It features 18,310 square feet of building space on a 19,196 square-foot lot, providing 33 on-site parking spaces. The current unit mix consists of 24 one-bedroom and four two-bedroom apartments. The property presents a significant value-add opportunity through the development of 15 Accessory Dwelling Units (ADUs), which would increase the total unit count to 43. This expansion is projected to achieve a 9% cap rate and 7.87 GRM, with an estimated per-unit cost of $199,098 after approximately $1 million in construction costs. This strategy allows an investor to acquire a stabilized South Bay multifamily asset at a basis that is difficult to replicate through conventional acquisitions or ground-up development. Strategically located in Hawthorne's major employment corridor, the property is surrounded by prominent aerospace, technology, and entertainment employers such as SpaceX, Tesla, Intuit Dome, SoFi Stadium, YouTube Theater, and Kia Forum. This prime location, combined with strong day-one cash flow and clear ADU expansion potential, makes 14110 Yukon Ave a compelling investment opportunity in the Los Angeles multifamily market.