4453-4465 W 138th St - Apartments FOR SALE


Hawthorne, CA 90250
$5,995,000 USD
626-427-0786
4453-4465 W 138th St, Hawthorne, CA for Sale
$5,995,000 USD
Apartments - FOR SALE
1/10
null | 5.32% Cap Rate

4453-4465 W 138th St
Hawthorne, CA 90250


HIGHLIGHTS

  • BEING SOLD BY ORIGINAL BUILDER!
  • 1987 Construction | (16) 2-Bed/1.5-Bath & (4) 1-Bed/1-Bath Units
  • Two Contiguous Lots (Two Separate APNs) | Close Proximity to Manhattan Beach, Sofi Stadium & LAX Airport
  • 17,582 Rental Sq. Ft. | 18,392 Sq. Ft. Lot
  • Tenants Enjoy Gated Private Entry, Covered Parking, Owner Provided Dishwashers & Stoves, & Onsite Laundry Facility
  • SIGNIFICANT 20% UPSIDE IN RENTAL INCOME!

OVERVIEW

NEW PRICE! First time for sale since original construction in 1987! This one of a kind multi-family residential investment property is being offered for sale directly by the original builder, showcasing its lasting quality and meticulous maintenance since its original construction. Spanning two contiguous lots, each with their own separate APNs, the property covers an impressive 18,392 square foot lot with 17,582 square feet of rentable space, divided among 20 well-designed units. The unit mix includes: sixteen 2-Bedroom/1.5-Bath units, and four 1-Bedroom/1-Bath units, each designed to maximize space and tenant comfort. Residents benefit from a host of amenities including gated private entry, door entry intercom system, covered parking, dishwashers and stoves provided by the owner, an onsite laundry facility (one per building), and fire sprinkler system, enhancing the living experience and tenant retention rates. Strategically located near Manhattan Beach, Sofi Stadium, and LAX Airport, the property offers unmatched convenience and accessibility, making it highly attractive to potential renters. Currently priced at 5.32% CAP Rate and 13GRM based on current rental rates, investors will find significant value-add potential in rental income driven by the property’s prime location and robust amenities. This is an ideal opportunity for an investor seeking a substantial, well-maintained property with strong growth prospects in a competitive rental market.

FOR SALE DETAILS

PRICE

$5,995,000 USD

PRICE/SF

$278 USD /SF

# OF UNITS

20

PRICE/UNIT

$299,750

CAP RATE

5.32%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Turn-Key 1980's Built - 5.36% REAL CAP Rate!

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1987

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.43 AC

LAND SF

18,565 SF

ZONING

HAR3YY

APN/PARCEL ID

4043-012-019,4043-012-020

ASK ABOUT THIS PROPERTY

Kristopher GermanThe Apartment DealerMore Info
626-427-0786

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

Kristopher GermanThe Apartment DealerMore Info
626-427-0786

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