4020 W 137Th Street, Hawthorne, CA 90250
-
Listed Price :
$1,299,000
-
Beds :
N/A
-
Baths :
N/A
-
Property Size :
N/A sqft
-
Year Built :
1960
Property Description
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 HUGE private yard in the back. Investors may explore converting garages into an ADU or expanding the property by capitalizing on the large yards (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 bedrooms or an ADU (buyer to verify) could unlock further potential, making it an outstanding long-term investment in a desirable rental neighborhood with low vacancy.
Interior Features
| Laundry Information |
| Location(s) |
In Garage |
| Bedroom Information |
| Features |
All Bedrooms Down |
| Bedrooms |
N/A |
| Bathroom Information |
| Bathrooms |
N/A |
| Interior Information |
| Features |
Ceiling Fan(s), All Bedrooms Down |
| Cooling Type |
None |
Listing Information
| Address |
4020 W 137Th Street |
| City |
Hawthorne |
| State |
CA |
| Zip |
90250 |
| County |
Los Angeles |
| Listing Agent |
Christopher Crosby DRE #02116879 |
| Courtesy Of |
Buckingham Investments, Inc |
| List Price |
$1,299,000 |
| Status |
Active |
| Type |
Residential Income |
| Subtype |
Triplex |
| Structure Size |
N/A |
| Lot Size |
8,704 |
| Year Built |
1960 |
Listing information courtesy of: Christopher Crosby, Buckingham Investments, Inc. *Based on information from the Association of REALTORS/Multiple Listing as of Oct 5th, 2024 at 3:55 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
