12940 Prairie Ave

Hawthorne, CA 90250

$1,099,000
Price
5
Beds
5
Baths
3,280 Sq. Ft.
$335 / Sq. Ft.
3,280
Sq. Ft.
$335
per Sq. Ft.
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a front view of a house with plants
a front view of a house with a yard and garage
a front view of a house with a garden
a front view of a house with a yard
a front view of a house with iron stairs
a view of a door and wooden floor
a kitchen with a sink and a stove top oven
a living room with furniture and a window
a dining room with furniture and window
a bed sitting in a bedroom next to a window
a bathroom with a sink toilet and shower
a bedroom with a bed and a chandelier
a view of front door
a view of storage and utility room
a view of storage and utility room

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...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.
  1. Listed by Anthony Warfield • DRE #01882977 • Brokerage DRE #01856734 • REMAX AEGIS • 310-634-9342

Property Details for 12940 Prairie Avenue

Parking Spaces Total
3
Private Pool
No
Cooling Type
None
Total Units
4.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
3280
Assessor Parcel Number
4050-002-001
LISTING UPDATED: 03/16/2026 04:42 AM

Property Details for 12940 Prairie Avenue

StatusActive
MLS #SB25176869
Days on Market204
Taxes-
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income / Res Income 2-4 Units
Year Built1962
CountyLos Angeles County
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Location

Listing Courtesy of REMAX AEGIS, Anthony Warfield, DRE #01882977
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Building Information for 12940 Prairie Avenue

Building/Complex12940 Prairie AveFloor-Stories2Residences-Pet Policy-Pet Policy Details-Year Built1962Building Size-

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$6,388 per month

30 year fixed, 6.46% Interest

Principal and Interest

$5,534

Property Taxes

$854

HOA Dues

$0

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Property Information for 12940 Prairie Avenue

Rental Info
Rental Info
  • Tenant Pays: None, See Remarks
Income / Expense / Tax Details
Income Details
  • Gross Income: $95,580
  • Gross Scheduled Income: $95,580
  • Net Operating Income: $81,750
  • Garage Income: $0
  • Laundry Income: $0
  • Current Financing: Conventional
  • 433a Certified: No
Expense Details
  • Operating Expense: $13,830
  • Fuel Expense: $1,830
  • Pest Control Expense: $790
  • Electric Expense: $2,240
  • Insurance Expense: $3,590
  • Professional Management Expense: $0
  • Other Expense: $790
  • Other Expense Description: Pest Svc
  • Trash Expense: $3,100
  • Water Sewer Expense: $2,280
  • Total Expenses: $13,830
Tax / Assessment Info
  • Tax Tract Number: 5545
  • CFD/Mello-Roos Fee: $0
  • Tax Lot: 1
Community / Development
Community / Development
  • Assessments YN: Yes
  • Assessments: Unknown
  • Community Features: Urban
Property / Structure Info
Interior Features
  • Laundry: No
  • Laundry Features: None
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: None
Exterior Features
  • Window Features: Double Pane Windows
  • Construction Materials: Stucco
  • Exterior Construction: Stucco
  • Exterior: Stucco
  • Roof: Flat
  • Entry Location: Ground level
  • Fence: Yes
  • Fencing: Block
  • Foundation Details: Slab
  • Foundation Details: Slab
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Pool Heat: N/K
Green Info
  • Walk Score: 83
  • Green Energy Efficient: Windows
Land/Lot Info
  • Lot Features: Rectangular Lot
  • Number Of Units: 4
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Utilities: See Remarks
  • Electric: See Remarks
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking: Yes
  • Parking Garage: Assigned, Carport, Driveway
  • Uncovered Spaces: 1
  • Open Other Spaces Total: 1
  • Parking Garage Spaces: 0
  • Carport Spaces: 2
  • Parking Features: Assigned, Carport, Driveway
Property / Structure Info
  • Residential Styles: Res Income 2-4 Units
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,900
  • Unit Type Total Rent: $1,900
  • Unit Type Pro Forma: 2450
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,700
  • Unit Type Total Rent: $1,700
  • Unit Type Pro Forma: 1850
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,700
  • Unit Type Total Rent: $1,700
  • Unit Type Pro Forma: 1850
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,765
  • Unit Type Total Rent: $1,765
  • Unit Type Pro Forma: 1850
  • Unit Type Type: 4
Unit 5
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $900
  • Unit Type Total Rent: $900
  • Unit Type Pro Forma: 1400
  • Unit Type Type: 5
Unit Information
  • Number Of Units Leased: 4
  • Rent Controlled: No
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1

Property History for 12940 Prairie Avenue

DateEvent & SourcePriceAppreciation
Mar 16, 2026

Price Change

CLAW #SB25176869MR

$1,099,000—
Mar 16, 2026

Listed (Active)

CLAW #SB25176869MR

$1,225,000—
Mar 12, 2026

Hold

CLAW #SB25176869MR

—
DateEvent & SourcePrice
03/16/2026

Price Change

CLAW #SB25176869MR

$1,099,000
03/16/2026

Listed (Active)

CLAW #SB25176869MR

$1,225,000
03/12/2026

Hold

CLAW #SB25176869MR

—

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 12940 Prairie Avenue

Taxable ValueLand$274,213Additions$446,027Total$720,240
Tax Record2025$10,249 ($854 / month)
Home Facts
Total Finished SqFt3,280 SqFtAbove Grade Finished SqFt3,280 SqFtStories1Lot Size3,450 SqFtStyleOffice BuildingYear Built1962ZoningHACMCountyLOS ANGELESAPN4050-002-001

Schools near 12940 Prairie Avenue

This home is within Centinela Valley Union High School District.
Rating
School
Type
Grades
Distance
Kornblum School
Public - K to 5
Prairie Vista Middle School
Public - 6 to 8
Lawndale High School
Public - 9 to 12
Leuzinger High School
Public - 9 to 12
Rating
School
Distance
Kornblum School
PublicK to 5

Prairie Vista Middle School
Public6 to 8

Lawndale High School
Public9 to 12

Leuzinger High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 12940 Prairie Avenue, Hawthorne, CA 90250

12940 Prairie Avenue is a multi-family home for sale in Hawthorne, CA 90250. This property was listed for sale on August 1, 2025 by REMAX AEGIS, it's currently listed at $1,099,000. It has been on the market for a total of 204 days and was last sold on July 28, 2004. This listing's school districts are Centinela Valley Union High School District, Hawthorne School District. Nearby schools include Kornblum School, Prairie Vista Middle School and Lawndale High School. 12940 Prairie Avenue is a 5-bed, 5-bath, 3,280 sqft multi-family home built in 1962.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of REMAX AEGIS, Anthony Warfield, DRE #01882977

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.