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