4020 W 137th Street
Hawthorne, CA 90250
- – beds
- – baths
- – sqft
- 8,704 sqft lot
- 1960 build
- – on site
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Welcome to 4020 W 137th St, Hawthorne, CA – a prime triplex investment on a huge 8,700 SF lot with plenty of value-add opportunities. The front home is a 3-bedroom 2-bath with a spacious living room, separate dining area, a large private yard, and an attached garage. The middle home is a 2-bedroom 1-bath with a large living room, a big kitchen, a dining area, and an attached garage. The back home is also a 2-bedroom 1-bath with a large private yard in the back. Investors may explore converting garages into an ADU or an attached ADU in the back yard (buyer to verify). The property currently generates $7,200/mo with 17% upside in rents, an actual GRM of 15.0 and a cap rate of 3.8%, with pro forma projections improving to a 12.8 GRM and 4.8% cap rate. Adding an ADU (buyer to verify) could unlock further potential, making it an outstanding long-term investment in a desirable rental neighborhood with low vacancy.
Listed By CRMLS_CA / Christopher Crosby / Buckingham Investments, Inc / 650-549-4849
Last checked:
Checking…
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Last updated Dec 12, 2024
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MLS# SB24206132 —
The Building
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Year Built:1960
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Year Built Source:Assessor
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New Construction:No
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Building Area Total:2992.00
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Building Area Units:Square Feet
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Total Number Of Units:3
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# of Buildings:1
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Roof:Shingle
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Stories Total:1
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Entry Level:1
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Common Walls:No Common Walls
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# of Separate Gas Meters:3
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# of Separate Water Meters:1
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# of Separate Electric Meters:3
Interior
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Features:Ceiling Fan(s), Copper Plumbing Partial
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Levels:One
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Entry Location:Driveway
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Room Type:All Bedrooms Down
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Fireplace:No
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Fireplace:None
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Laundry:In Garage
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Laundry:1
Location
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Directions:West of Prairie and North of Rosecrans
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Latitude:33.90716200
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Longitude:-118.34451500
The Property
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Property Type:Residential Income
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Subtype:Triplex
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Zoning:HAR3YY
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Lot Features:Back Yard, Front Yard, Lawn, Level with Street, Yard
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Lot Size Area:8704.0000
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Lot Size Acres:0.1998
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Lot Size SqFt:8704.00
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Lot Size Source:Assessor
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Additional Parcels:No
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Land Lease:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Census Tract:6024.04
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Tax Tract:Burlei
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Tax Lot:582
The Listing
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Special Listing Conditions:Standard
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Parcel Number:4045031041
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Showings Begin:2024-10-04
Heating & Cooling
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Heating:1
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Heating:Wall Furnace
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Cooling:No
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Cooling:None
Utilities
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Utilities:Electricity Connected, Natural Gas Connected, Sewer Connected
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Sewer:Public Sewer
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Water Source:Public
The Community
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Features:Park, Sidewalks
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Association:No
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Pool:None
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Senior Community:No
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Private Pool:No
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Spa Features:None
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Assessments:None, Buyer to Verify
Parking
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Parking:Yes
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Parking:Garage, Shared Driveway
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Parking Spaces:3.00
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Garage Spaces:3.00
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
11/22/24
Nov 22, 2024
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Sold | CRMLS_CA | $1,299,000 | |
11/13/24
Nov 13, 2024
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Pending | CRMLS_CA | $1,299,000 | |
10/4/24
Oct 4, 2024
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Listed / Active | CRMLS_CA | $1,299,000 | 13.9% (4.1% / YR) |