4834 W 118th Place, Hawthorne, CA 90250
- $2,000,000
- List Price
- $2,000,000
- Status
- ACTIVE
- MLS#
- SB26176546
- Year Built
- 1967
- Lot Size
- 9,240
- Acres
- 0.21
- Lot Location
- 0-1 Unit/Acre
- Days on Market
- 17
- Property Type
- Multifamily
- Property Sub Type
- Apartment
- Stories
- Two Levels
Property Description
On behalf of the ownership, we are pleased to exclusively offer a 7-unit, 7,153 square foot multifamily property located at 4834 W 118th Place, Hawthorne, CA 90250. This offering represents a compelling opportunity to acquire a well-maintained apartment community with strong organic rent growth potential. The community offers a balanced unit mix across one-, two-, and three-bedroom floor plans, catering to young professionals, families and downsizers alike. At the front is an owner-occupancy style unit with private laundry hookups right off of the kitchen. At the rear is a townhouse style unit. Residents enjoy the common area laundry room, 7 covered carport parking spots, 2 private garages, and the convenience of the property's location. Residents benefit from convenient proximity to the 405 & 105 freeways, Los Angeles International Airport, the South Bay Beach Cities, entertainment venues in the neighboring city of Inglewood, and a wide array of neighborhood services and restaurants that define the area's live-work-play appeal. With its desirable location, strong occupancy, and meaningful upside potential, this property is a compelling investment for groups targeting multifamily assets with both current yield and value creation opportunities.
Additional Information
- Pool Description
- None
- Heat
- Forced Air, Wall Furnace
- Cooling Description
- None
- Garage Spaces Total
- 3
- Sewer
- Public Sewer
- Water
- Public
- Attached Structure
- Attached
- Number Of Units Total
- 7
- Gross Scheduled Income
- $182,099
- Operating Expense
- 70983
Listing courtesy of Listing Agent: Mariko Artis (mariko.a@re-adworks.com) from Listing Office: ADW Management USA, Inc..
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.