$5,995,000
- Beds
- Unknown
- sq ft
- 17,582
4453 W 138th St, Hawthorne, CA 90250
4453 W 138th St
Hawthorne, CA 90250
- 43 days on market
- Price drop $305,000↓
NEW PRICE! First time for sale since original construction in 1987! This one of a kind multi-family residential investment property is being offered for sale directly by the original builder, showcasing its lasting quality and meticulous maintenance since its original construction. Spanning two contiguous lots, each with their own separate APNs, the property covers an impressive 18,392 square foot lot with 17,582 square feet of rentable space, divided among 20 well-designed units. The unit mix includes: sixteen 2-Bedroom/1.5-Bath units, and four 1-Bedroom/1-Bath units, each designed to maximize space and tenant comfort.
Residents benefit from a host of amenities including gated private entry, door entry intercom system, covered parking, dishwashers and stoves provided by the owner, an onsite laundry facility (one per building), and fire sprinkler system, enhancing the living experience and tenant retention rates. Strategically located near Manhattan Beach, Sofi Stadium, and LAX Airport, the property offers unmatched convenience and accessibility, making it highly attractive to potential renters.
Currently priced at 5.32% CAP Rate and 13GRM based on current rental rates, investors will find significant value-add potential in rental income driven by the property’s prime location and robust amenities. This is an ideal opportunity for an investor seeking a substantial, well-maintained property with strong growth prospects in a competitive rental market.
Details
Property type
Apartment
Lot size
0.4222 acres
Price per sq ft
$341
Year built
1987
Price History
09/24/2024
CRMLS #CV24175154
Price change
$5,995,000
-4.84%
08/23/2024
CRMLS #CV24175154
Listed
$6,300,000
Schools & Community
Neighborhood:
Ramona
Elementary school:
Unknown
Middle school:
Unknown
High school:
Unknown
Community features: Curbs, Sidewalks
Community features:
Curbs, Sidewalks
Status: Active
Tomo last checked: 10/04/2024 at 10:20 PM
Listing updated: 09/30/2024 at 9:21 AM
Listed by: Kristopher German, RE/MAX 2000 REALTY Phone #: (626) 956-0188
MLS: CRMLS #CV24175154
Recently listed in Hawthorne
$875,000|2 bd|2.0 ba|House
$799,000|3 bd|1.75 ba|House
$799,950|3 bd|2.0 ba|House
$895,000|3 bd|3.0 ba|Condo
$1,019,000|2 bd|2.0 ba|Condo
$1,199,000|5 bd|3.75 ba|House
$999,900|4 bd|3.0 ba|House
$995,000|3 bd|2.0 ba|House
$899,999|3 bd|1.0 ba|House
$849,000|3 bd|2.0 ba|House
Explore top cities in California