Hawthorne, CA 90250,4453 West 138th Street
Hawthorne, CA 90250,4453 West 138th Street
Hawthorne, CA 90250,4453 West 138th Street
10
Listed by Kristopher German • RE/MAX 2000 REALTY
$5,895,000
$5,995,000
1.7%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

17,582 SqFt

4453 West 138th Street Hawthorne, CA 90250

Est. payment /mo
SOLD DATE : 12/11/2024

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP

Key Details

Sold Price $5,895,000

Property Type Single Family Home

Listing Status Sold

Purchase Type For Sale

Square Footage 17,582 sqft

Price per Sqft $335

MLS Listing ID CV-24175154

Sold Date 12/11/24

Year Built 1987

Lot Size 0.422 Acres

Property 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.

Location

State CA

County Los Angeles

Zoning HAR3YY

Interior

Laundry Community, Inside

Exterior

Parking Features Gated

Pool None

Community Features Curbs, Gutters, Sidewalks

Building

Lot Description Lot 10000-19999 Sqft, 16-20 Units/Acre

Sewer Public Sewer

Read Less


GET MORE INFORMATION

Ryan Mills

REALTOR® | License ID: 01434392

+1(805) 491-4611

Name
Phone*
Message

By registering you agree to our Terms of Service & Privacy Policy. Consent is not a condition of buying a property, goods, or services.