tomo logo

$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

CRMLS #CV24175154

Price change
$5,995,000
-4.84%
08/23/2024
CRMLS

CRMLS #CV24175154

Listed
$6,300,000

Schools & Community

Neighborhood: 

Ramona

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

CRMLS logo

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