$1,099,000/mo

12940 Prairie Ave, Hawthorne, CA 90250

3,280 sqft

Rent shown is base rent as provided by the property owner or manager. Additional mandatory fees, deposits, or utilities may apply and are set by the property owner or manager.

Rental
Built in 1962
3,450sqft lot
—— car garage
$335/sqft
Listed 8 months ago

Property Description

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.

Listing Status:: Active
Date Added:: August 18, 2025
Data Last Updated:: April 2, 2026 at 7:18AM
Listing Office:: REMAX AEGIS : 310-546-6300
Listing Agent:: Anthony Warfield : 310-634-9342
MLS ID:: SB25176869

Laundry: None
A/C: None
Fireplace: None
Eco/Green Feature: Windows

Pool: None
Parking: AssignedCarportDrivewayParking spaces: 3

Roofing: Flat
Windows: Double Pane Windows
General: Stucco2Slab

HOA Amenities: 0.0
Originating MLS: CRMLS_CRM
County: Los Angeles

Zoning: 4050002001
Fencing: Block

Utilities: See Remarks
Water: Public
Sewer: Public Sewer

Source: CRMLS_CRM

This listing courtesy of Anthony Warfield , REMAX AEGIS

Location

Schools Nearby

Kornblum Elementary School

3620 W El Segundo Blvd, Hawthorne, CA, 90250

Grades KG-5

0.40 miles away

Hawthorne Middle School

4366 W 129th St, Hawthorne, CA, 90250

Grades 6-8

0.43 miles away

Hawthorne Math and Science Academy

4467 W Broadway, Hawthorne, CA, 90250

Grades 9-12

0.72 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.