Welcome to 4020 W 137th St, Hawthorne, CA – a prime triplex investment on a huge 8,700 SF lot with plenty of value-add opportunities. The front home is a 3-bedroom 2-bath with a spacious living room, separate dining area, a large private yard, and an attached garage. The middle home is a 2-bedroom 1-bath with a large living room, a big kitchen, a dining area, and an attached garage. The back home is also a 2-bedroom 1-bath with a large private yard in the back. Investors may explore converting garages into an ADU or an attached ADU in the back yard (buyer to verify).
The property currently generates $7,200/mo with 17% upside in rents, an actual GRM of 15.0 and a cap rate of 3.8%, with pro forma projections improving to a 12.8 GRM and 4.8% cap rate. Adding an ADU (buyer to verify) could unlock further potential, making it an outstanding long-term investment in a desirable rental neighborhood with low vacancy.
Sold for $1,299,000
Listed by: Buckingham Investments, Inc • Christopher Crosby • Contact: 310-982-7055
Bought with: Casa Bella Realty Group
Tax assessed value
$1,299,000
4020 W 137th St, Hawthorne, CA 90250
7beds
4baths
2,992sqft
Triplex
Built in 1960
-- sqft lot
$1,264,000 Zestimate®
$434/sqft
$2,732 Estimated rent
Home value
$1,264,000
$1.16M - $1.38M
$2,732/mo
Zestimate® history
Owner options
List your home for rent
$2,732/mo
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$2,732/mo
Rent Zestimate®
Refinance and save
$8,296/mo
Est. payment
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$8,296/mo
Est. payment
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List your homeWhat's special
Attached garageSeparate dining areaBig kitchenLarge private yard
Zillow last checked:
Listing updated:
Listed by:
Christopher Crosby DRE #02116879 650-549-4849,
Buckingham Investments, Inc
Bought with:
Edith Saavedra, DRE #01841227
Casa Bella Realty Group
Source: CRMLS,MLS#: SB24206132
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 4
Rooms
- Room types: Bedroom
Bedroom
- Features: All Bedrooms Down
Heating
- Wall Furnace
Cooling
- None
Appliances
- Laundry: In Garage
Features
- Ceiling Fan(s), All Bedrooms Down
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 2,992
- Total interior livable area: 2,992 sqft
Property
Parking
- Total spaces: 3
- Parking features: Garage, Shared Driveway
- Garage spaces: 3
Features
- Levels: One
- Stories: 1
- Entry location: Driveway
- Pool features: None
- Spa features: None
Lot
- Size: 8,704 Square Feet
- Features: Back Yard, Front Yard, Lawn, Street Level, Yard
Details
- Parcel number: 4045031041
- Zoning: HAR3YY
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex
Materials
- Roof: Shingle
Condition
- New construction: No
- Year built: 1960
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected
Community & HOA
Community
- Features: Park, Sidewalks
Location
- Region: Hawthorne
Financial & listing details
- Price per square foot: $434/sqft
- Tax assessed value: $1,299,000
- Annual tax amount: $17,010
- Date on market: 10/4/2024
- Cumulative days on market: 40 days
- Listing terms: Cash,Cash to Existing Loan,Cash to New Loan,Conventional,1031 Exchange,FHA,Fannie Mae,Freddie Mac,VA Loan
- Tenant pays: Electricity, Gas
Price history
| Date | Event | Price |
|---|---|---|
| 11/22/2024 | Sold | $1,299,000$434/sqft |
Source:  CRMLS #SB24206132 Report a problem | ||
| 11/13/2024 | Pending sale | $1,299,000$434/sqft |
Source: CRMLS #SB24206132 Report a problem | ||
| 10/4/2024 | Listed for sale | $1,299,000+13.9%$434/sqft |
Source: CRMLS #SB24206132 Report a problem | ||
| 4/30/2021 | Sold | $1,140,000+99.8%$381/sqft |
Source: Public Record Report a problem | ||
| 11/7/2014 | Sold | $570,500$191/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $17,010 +8.8% | $1,299,000 +7.4% |
| 2024 | $15,638 +3.8% | $1,209,776 +2% |
| 2023 | $15,063 -1.5% | $1,186,056 +2% |
| 2022 | $15,286 +73.5% | $1,162,800 +83.7% |
| 2021 | $8,812 +0.3% | $632,880 +1% |
| 2020 | $8,787 | $626,391 +2% |
| 2019 | $8,787 +8.5% | $614,110 +2% |
| 2018 | $8,098 | $602,069 +2% |
| 2017 | $8,098 +4.4% | $590,265 +2% |
| 2016 | $7,756 +0.9% | $578,692 +1.5% |
| 2015 | $7,690 +17.5% | $570,000 +18.6% |
| 2014 | $6,546 | $480,756 +396.5% |
| 2010 | -- | $96,822 -0.2% |
| 2009 | -- | $97,053 +6.1% |
| 2006 | -- | $91,458 |
| 2005 | -- | $91,458 +4% |
| 2004 | -- | $87,909 +3.9% |
| 2002 | -- | $84,608 |
Find assessor info on the county website
Neighborhood: Burleigh Tract
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Nearby schools
GreatSchools rating
- 4/10Jefferson SchoolGrades: K-5Distance: 0.1 mi
- 5/10Prairie Vista Middle SchoolGrades: 6-8Distance: 0.1 mi
- 4/10Leuzinger High SchoolGrades: 9-12Distance: 0.4 mi
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Estimated market value
$1,264,000
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,264,000
- California
- Los Angeles County
- Hawthorne
- 90250
- Burleigh Tract
- 4020 W 137th St
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