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 locat
MLS #
CRCV24175154
MLS Source
California Regional MLS
Appliances
Other
Laundry
Community Facility
Garage/Parking
Garage: 0 Car(s)
# Buildings | # Leased Units | # Total Units |
---|---|---|
2 | 18 | – |
4453 W 138th St is a Residential Income in Hawthorne, CA 90250. This – square foot property sits on a 18,392 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $5,895,000 and was built in 1987.
This address can also be written as 4453 W 138th St, Hawthorne, CA 90250.©2024 California Regional MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
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This listing information is up-to-date as of December 21, 2024. For the most current information, please contact Kristopher German, (626) 427-0786