12940 Prairie Ave, Hawthorne, CA 90250
Local realty services provided by:Better Homes and Gardens Real Estate Oak Valley
12940 Prairie Ave,Hawthorne, CA 90250
$1,099,000
- - Beds
- - Baths
- 3,280 sq. ft.
- Multi-family
- Active
Listed by: anthony warfield
Office: remax aegis310-546-6300
MLS#:SB25176869
Source:CRMLS
Price summary
- Price:$1,099,000
- Price per sq. ft.:$335.06
About this home
Income-Producing Opportunity in the South Bay – Upside Potential
Investor opportunity at 12940 Prairie Ave – a solid income-producing property in a prime South Bay location. The building was originally built as mixed-use but has long since been converted to all residential, creating a versatile 4-unit property with an additional studio unit that adds extra income potential.
The property currently includes (1) 2-bed/1-bath unit and (3) 1-bed/1-bath units, plus a bonus unpermitted studio, giving investors five income streams. Current rents are slightly below market, leaving room for future increases and improved cash flow.
Ownership has already taken care of several key upgrades. The roof was resurfaced recently, the windows have been replaced with vinyl double-pane, and the water heater is new. The housing provider currently pays all utilities, and the property includes three assigned parking spaces (one driveway space and a two-car carport).
Location is a major plus. Situated in the heart of the South Bay, the property is minutes from the beach cities, LAX, and the rapidly growing Inglewood Entertainment District. Commuting is easy with quick access to the 405 and 105 freeways, and the area is close to major employers like SpaceX, Amazon, Boeing, and Raytheon.
Whether you're looking to add to your portfolio or get into South Bay multifamily investing, this property offers current income with room to grow in a strong rental market....
Contact an agent
Home facts
- Year built:1962
- Listing ID #:SB25176869
- Added:325 day(s) ago
- Updated:July 09, 2026 at 10:53 AM
Rooms and interior
- Living area:3,280 sq. ft.
Structure and exterior
- Roof:Flat
- Year built:1962
- Building area:3,280 sq. ft.
- Lot area:0.08 Acres
- Lot Features:Rectangular Lot
- Construction Materials:Stucco
- Foundation Description:Slab
- Levels:2 Story
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,099,000
- Price per sq. ft.:$335.06
Features and amenities
- Amenities:Double Pane Windows
Parking
- Total parking spaces:3
- Parking description:2 Carport Space(s), Assigned, Carport, Driveway
- Carport spaces:2
New listings near 12940 Prairie Ave
- Open Sat, 2 to 4pmNew
$1,175,000Active3 beds 3 baths1,790 sq. ft.5406 W 149th Place #7, Hawthorne, CA 90250
MLS# SB26131537Listed by: PAUL BULLER PROPERTIES - Coming Soon
$849,900Coming Soon3 beds 2 baths3533 W 134th, Hawthorne, CA 90250
MLS# SB26149180Listed by: WEST SHORES REALTY, INC. - Open Sat, 1 to 4pmNew
$699,900Active2 beds 1 baths932 sq. ft.4112 W 141st, Hawthorne, CA 90250
MLS# WS26149981Listed by: WEDGEWOOD HOMES REALTY - Open Sun, 2 to 5pmNew
$745,000Active3 beds 3 baths1,708 sq. ft.14468 Yukon Avenue, Hawthorne, CA 90250
MLS# 26854757Listed by: COMPASS - Open Sat, 2 to 4pmNew
$949,000Active3 beds 2 baths1,262 sq. ft.3651 W 147th Street, Hawthorne, CA 90250
MLS# SB26081085Listed by: VISTA SOTHEBYS INTERNATIONAL REALTY - New
$9,250,000Active55 beds 34 baths28,510 sq. ft.13801 Yukon Avenue, Hawthorne, CA 90250
MLS# 26857151Listed by: KELLER WILLIAMS REALTY - Open Sat, 1 to 4pmNew
$975,000Active4 beds 2 baths1,473 sq. ft.4831 W 121st Street, Hawthorne, CA 90250
MLS# 26856215Listed by: REDFIN - New
$1,289,000Active-- beds -- baths2,468 sq. ft.5126 W El Segundo Boulevard, Hawthorne, CA 90250
MLS# SB26142240Listed by: ESTATE PROPERTIES - Open Sat, 1 to 4pmNew
$899,000Active2 beds 2 baths1,414 sq. ft.4861 W 142nd Street, Hawthorne, CA 90250
MLS# SB26145519Listed by: ESTATE PROPERTIES - New
$1,289,000Active6 beds 3 baths5126 W El Segundo Boulevard, Hawthorne, CA 90250
MLS# SB26142240Listed by: ESTATE PROPERTIES