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$1,295,000
Est. payment /mo
6,294 Sqft Lot
UPDATED:
12/19/2024 06:01 AM
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID SB24233437
HOA Y/N No
Year Built 1962
Lot Size 6,294 Sqft
Lot Dimensions Public Records
Property Description
We are excited to present 4739 W 118th St in Hawthorne! This well-maintained property features a desirable unit mix, including one 3-bedroom/2-bath unit and three 2-bedroom/1-bath units. Whether you're an owner-user or an investor, this property offers great potential—one unit is being delivered move-in ready. Each tenant enjoys a private garage space, with an additional tandem parking space in front. The garages can continue to be used for parking, or a savvy investor may explore the option of converting them into ADUs (Accessory Dwelling Units) for added value. Additional amenities include on-site laundry facilities, and the property is separately metered for gas and electricity. With nearly 40% upside potential in rents, there is significant opportunity for growth, especially given the property's prime location near major employers like Boeing, SpaceX, and Northrop Grumman. Conveniently located near SoFi Stadium and the Intuit Dome—site of the 2028 Olympics opening ceremonies—this property offers both investment potential and proximity to key local attractions.
Location
State CA
County Los Angeles
Area 108 - North Hawthorne
Zoning HAR3YY
Interior
Fireplace No
Laundry Common Area
Exterior
Present Use Multi-Family
Total Parking Spaces 8
Building
Lot Description Rectangular Lot
Story 2
Water Public
Others
Tax ID 4044004023
Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange
Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange
Special Listing Condition Standard
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Listed by Stephen Takahashi • Lyon Stahl Investment Real Estate, Inc. • 310-403-9145