4047 W 136th St - Apartments FOR SALE


Hawthorne, CA 90250
$3,100,000 USD
707-225-2402
4047 W 136th St, Hawthorne, CA for Sale
$3,100,000 USD
Apartments - FOR SALE
1/15
null | 6.69% Cap Rate

4047 W 136th St
Hawthorne, CA 90250


HIGHLIGHTS

  • Newer Construction — Built in 1972 Compared to City's Older Buildings
  • Upside — Through Increases Rents To Market and Billing Back Utilities
  • Strong Curb Appeal — Charming Building That Commands Top Rents
  • The Deal Makes Sense — Attractive Current Income and Pricing Metrics
  • 15 Secured Parking Spots — Covered Parking With Security Gate Access

OVERVIEW

We are pleased to present 4047 W 136th Street in Hawthorne, CA, a well-maintained 14-unit multifamily investment opportunity offering attractive in-place income and clear value-add potential. Built in 1972, the property benefits from newer construction relative to much of the surrounding housing stock and features a unit mix of eleven 1-bedroom/1-bathroom units and three non-conforming 1-bedroom/1-bathroom units. The asset offers additional upside through future rent increases to market and utility bill-backs, providing investors with multiple avenues to enhance operating performance.Additional amenities include 15 secured covered parking spaces, gated access, on-site laundry, separately metered gas and electricity, and partial copper plumbing. With strong curb appeal and convenient access to the 405, 105, and 110 freeways, major employment centers, LAX, and nearby SoFi Stadium, 4047 W 136th Street presents an opportunity to acquire a strongperforming asset with long-term growth potential in a desirable Hawthorne rental market.

FOR SALE DETAILS

PRICE

$3,100,000 USD

PRICE/SF

$321 USD /SF

# OF UNITS

14

PRICE/UNIT

$221,429

CAP RATE

6.69%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Seller Financing Available For Select Buyers

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1972

PARKING SPACES

15

LAND DETAILS

LAND ACRES

0.2 AC

LAND SF

8,699 SF

ZONING

R3

APN/PARCEL ID

4045-029-025

ASK ABOUT THIS PROPERTY

Jonathan WeirWeir Group with Marcus and Millichap.More Info
707-225-2402

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Jonathan WeirWeir Group with Marcus and Millichap.More Info
707-225-2402

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.