Sold

4453 W 138th ST

HAWTHORNE CA, 90250

$5,895,000


$335.29 per sqft

Sold

22 Beds

22 Baths

17,582 sqft

Multi-family

Built in 1987

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.

CV24175154MR

MLS ID

August 23, 2024

Listed

December 12, 2024

Updated

Map

4453 W 138th ST
HAWTHORNE CA, 90250

Interior Features

Total Stories

2


Bedrooms

22


Total Bathrooms

22


Laundry Description

Community, Inside


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.42 Acres


Sewer

Public Sewer

Other Property Details

Area Name

Ramona/Burleigh


Days on Market

34


Garage

No


Parking Total

20


View

No


County

Los Angeles


Water Source

Public


Pool

No


Pool Features

None


Zoning

HAR3YY

Listing History

Date

Event

Price

12/11/2024

Sold

$5,895,000

10/8/2024

Pending

9/24/2024

Price change

$5,995,000

-5%

Listed by Kristopher German with RE/MAX 2000 REALTY
Listing Contact: 626-427-0786 

Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Alysia Caldwell | CA DRE# 02167945 shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

©2024 Combined L.A./Westside MLS. All rights reserved.

Data last updated 12/12/2024

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