4453 W 138th Street
Hawthorne, CA 90250
- – beds
- – baths
- – sqft
- ~1/2 acre lot
- 1987 build
- – on site
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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.
Listed By CRMLS_CA / Kristopher German / RE/MAX 2000 REALTY / 909-645-0443
Last checked:
Checking…
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Last updated Dec 11, 2024
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MLS# CV24175154 —
The Building
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Year Built:1987
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Year Built Source:Assessor
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New Construction:No
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Building Area Total:17582.00
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Building Area Units:Square Feet
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Total Number Of Units:20
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# of Buildings:2
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Stories Total:2
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Entry Level:1
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Common Walls:2+ Common Walls
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# of Separate Gas Meters:20
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# of Separate Water Meters:1
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# of Separate Electric Meters:20
Interior
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Levels:Two
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Entry Location:1
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Laundry:Community, Inside
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Laundry:1
Location
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Directions:East of I-405, South of I-105; Near the Intersection of Hawthorne Blvd & 138th St
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Latitude:33.90626500
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Longitude:-118.35403800
The Property
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Property Type:Residential Income
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Subtype:Apartment
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Zoning:HAR3YY
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Lot Features:16-20 Units/Acre, Lot 10000-19999 Sqft
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Lot Size Area:18392.0000
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Lot Size Acres:0.4222
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Lot Size SqFt:18392.00
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Lot Size Source:Assessor
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Property Attached:1
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Additional Parcels:Yes
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Additional Parcels Description:4043012020
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Land Lease:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Census Tract:6024.02
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Tax Tract:019
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Tax Lot:127
The Listing
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Special Listing Conditions:Standard
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Parcel Number:4043012019
Utilities
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Sewer:Public Sewer
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Water Source:Public
The Community
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Features:Curbs, Gutters, Sidewalks
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Pool:None
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Senior Community:No
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Private Pool:No
Parking
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Parking Spaces:20.00
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Carport Spaces:20.00
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 |
---|---|---|---|---|
12/11/24
Dec 11, 2024
|
Sold | CRMLS_CA | $5,895,000 | -1.7% |
10/8/24
Oct 8, 2024
|
Pending | CRMLS_CA | $5,995,000 | |
9/24/24
Sep 24, 2024
|
Price Changed | CRMLS_CA | $5,995,000 | -4.8% |