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12940 Prairie Ave
For Sale $1,099,000
$1,099,000
- Unknown Bedrooms
- Unknown Bathrooms
- Unknown Sq Ft
- 3,450 Sq Ft
Description
ALL RESIDENTIAL - 12940 Prairie Ave was originally built as 4 units for commercial/residential mixed use. However, the commercial space was converted to a residential unit years ago. There is (1) 2-bed/1-bath unit, (3) 1-bed/1-bath units and has a bonus unpermitted 5th studio unit, providing additional income. The rents are below market rates allowing for future upside income. The housing provider pays ALL utilities. There are assigned parking spots for 3 vehicles (1 driveway + 2 carport spaces). The roof was resurfaced not long ago, and all the windows have been upgraded with vinyl double pane. Centrally located in the South Bay, this property is just minutes from the beach cities, LAX, and the new Inglewood Entertainment District. Just a short distance and easy access to the 405 and 105 Freeways, as well as proximity to key employers like SpaceX, Amazon, Boeing and Raytheon, to name a few.
Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $1,099,000 |
| Property Type | Condo/Co-Op |
| Usable Sqft | Unknown |
| Number of Stories | 2 stories |
| Parking Spots | 0 spots |
| Year Built | 1962 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| HOA Fees: | $0 |
| Association Name: | Unknown |
| Association Amenities: | Unknown |
| APN # | 4050002001 |
| MLS # | SB25176869 |
| Property ID | 322092686 |
| Lot Sqft | 3,450 |
| Zoning | Unknown |
| Total Units | 5 |
| Days on Market | 149 |
| Original List Price | $1,225,000 |
| Date Updated | December 03, 2025 |
| Date Created | August 01, 2025 |
| Unit # | Beds | Baths | Current Rent | Proforma Rent |
| Unit #1 | $90,900 | $0 |
| Net Income (Yr) | $ 77,070 |
Listing Provided By
Anthony Warfield an agent of . Lic #01882977
© 2025 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of December 03, 2025 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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- 30 mins
- America/Phoenix
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Robert Crawford
REAL ESTATE AGENT