4453 W 138th Street Hawthorne, CA 90250
Listing Courtesy of: CRMLS / Re/Max 2000 Realty / Kristopher German - Contact:  909-645-0443

  4453 W 138th Street Hawthorne, CA 90250

Sold (34 Days)
$5,895,000
17,582
SQFT

Description

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.

MLS #:
CV24175154
Lot Size
0.42 acres
Type
Multifamily
Year Built
1987
County
Los Angeles County

Listed By

Kristopher German, Re/Max 2000 Realty, Contact: 909-645-0443
Bought with
Elena Moric, DRE #01494643 CA, Century 21 Union Realty
Source
CRMLS
Last checked Dec 22 2024 at 10:05 PM GMT+0000
Bathroom Details
Interior Features
  • Laundry: Inside
  • Laundry: Common Area
Utility Information
  • Utilities: Water Source: Public
  • Sewer: Public Sewer
Stories
  • 2
Additional Information: Re/Max 2000 Realty | 909-645-0443
Disclaimer: Based on information from California Regional Multiple Listing Service, Inc. as of 2/22/23 10:28 and /or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable.