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Sold for $1,405,000
  • Listed by: RE/MAX 2000 REALTY • Kristopher German • Contact: 626-427-0786
    Bought with: RE/MAX 2000 REALTY
    $1,405,000

    4029 W 136th St, Hawthorne, CA 90250

    11beds
    5baths
    4,002sqft
    Multi Family
    Built in 1955
    -- sqft lot
    $1,398,800 Zestimate®
    $351/sqft
    $2,469 Estimated rent

    Home value

    $1,398,800

    $1.29M - $1.52M

    $2,469/mo

    Zestimate® history
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    What's special

    We are pleased to exclusively offer for sale this 5 unit multi-family investment property in prime Hawthorne. The asset includes a charming cottage-style 3-Bedroom/1-Bath unit alongside four 2-bedroom/1-bath units, collectively offering 4,002 square feet of rental space situated on an 8,700 square foot lot. Each unit has been meticulously maintained, and several units have been re-piped with copper plumbing, including the front cottage. Tenants benefit greatly from convenient onsite amenities including garage parking and a laundry facility, which enhance the desirability of the property. Strategically located in close proximity to Manhattan Beach, Sofi Stadium, and LAX Airport, the property offers unparalleled access to major local attractions and transportation, making it highly appealing to potential renters. Significantly, there is a huge 27% upside potential in rental income, making this property an attractive option for investors seeking a stable asset with growth potential. (A buyer can take advantage of the fact that all units are scheduled for their annual rental increase.) Furthermore, this investment comes with an attractive private-seller financing option: 25% down payment, 6.5% interest-only payments, and a 7-year term.

    Zillow last checked:

    Listing updated:

    Listed by:

    Kristopher German DRE #01800021 909-645-0443,

    RE/MAX 2000 REALTY

    Bought with:

    Kristopher German, DRE #01800021

    RE/MAX 2000 REALTY

    Source: CRMLS,MLS#: CV24169317MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 11
    • Bathrooms: 5
    Appliances
    • Laundry: Inside
    Features
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total structure area: 4,002
    • Total interior livable area: 4,002 sqft

    Property

    Parking
    • Total spaces: 5
    • Parking features: Garage
    • Garage spaces: 5
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: 1
    • Pool features: None
    Lot
    • Size: 8,700 Square Feet
    • Features: 2-5 Units/Acre
    Details
    • Parcel number: 4045029023
    • Zoning: HAR3YY
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 1955

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Curbs, Gutter(s), Sidewalks
    Location
    • Region: Hawthorne

    Financial & listing details

    • Price per square foot: $351/sqft
    • Date on market: 8/15/2024
    • Cumulative days on market: 22 days
    • Listing terms: Cash,Cash to New Loan
    • Total actual rent: 8469
    • Tenant pays: Electricity, Gas

    Price history

    DateEventPrice
    9/27/2024Sold$1,405,000+2.2%$351/sqft
    Source: CRMLS #CV24169317 Report a problem
    9/9/2024Pending sale$1,375,000$344/sqft
    Source: CRMLS #CV24169317 Report a problem
    8/15/2024Listed for sale$1,375,000$344/sqft
    Source: CRMLS #CV24169317 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: Burleigh Tract

    Nearby schools

    GreatSchools rating
    Get a cash offer in 3 minutes
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    Estimated market value
    $1,398,800
    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
    $1,398,800