13922 Yukon Ave 20 Unit Apartment Building $4,700,000 ($235,000/Unit) 5.17% Cap Rate Hawthorne, CA 90250

The CREM Group is pleased to exclusively present 13922 Yukon Avenue in Hawthorne, California, a well-maintained 20-unit apartment complex situated in one of the South Bay’s strongest and most accessible rental markets. The property is comprised of two separate two-story buildings situated on a single oversized 19,437 square foot parcel, with a combined building area of approximately 14,305 square feet. The unit mix includes sixteen one-bedroom, one-bathroom units, three two-bedroom, one-bathroom units, and one three-bedroom, two-bathroom unit, averaging over 700 square feet per unit.
The property offers 20 total parking spaces distributed among tuck-under spaces, a rear carport, and a two-car garage located at the front of the site. Each unit is individually
metered for electricity, with all-electric appliances and radiant heating, minimizing shared utility costs for ownership. Approximately 80 percent of the units have been renovated with modern finishes and updated fixtures, allowing a new owner to benefit from stable in-place income while still capturing meaningful rental upside.
13922 Yukon Avenue is not subject to the Los Angeles Rent Stabilization Ordinance and is governed only by the more flexible statewide rent control provisions of AB 1482. With a large 19,437 square foot lot and HAR4 zoning, the property offers substantial potential for additional income through the addition of accessory dwelling units (ADUs). Based on current zoning and state guidelines, up to seven new ADUs may be achievable through a mix of garage or carport conversions and new detached construction, providing a rare opportunity to meaningfully increase both unit count and long-term yield.
Listing broker is also serving as the court-appointed referee for the sale of the property. The sale is subject to court confirmation and may be subject to overbid. Broker makes no representations or warranties regarding the condition, history, or compliance status of the property and shall not be responsible for inspections, repairs, reports, or retrofit
requirements prior to closing. Prospective buyers are advised to conduct their own independent investigations and due diligence to satisfy themselves as to all aspects of the property.