4457 W 120th St - Apartments FOR SALE


Hawthorne, CA 90250
$815,000 USD
818-970-0915
4457 W 120th St, Hawthorne, CA for Sale
$815,000 USD
Apartments - FOR SALE
1/7
null | Request Cap Rate

4457 W 120th St
Hawthorne, CA 90250


HIGHLIGHTS

  • Two Detached Structures | SFR in Front + Fourplex in Back
  • Ideal for Developers, Builders, Investors or an Owner/User
  • Potential to Build ADU(s)
  • Heavy Fixer | Huge Development Potential

OVERVIEW

Investors, Builders, and Developers - Major Hawthorne Fixer! 4457 W 120th St comprises two structures totaling 3,531 SF on a combined 10,200 SF lot (Zoned HAR3YY), providing potential for multifamily redevelopment/rehab/ADU’s. The two structures consist of a 1,483 SF detached SFR in the front, with 3 beds + 1 bath, built in 1923, and a rear structure built in 1958 that serves as a fourplex. The fourplex consists of (4) 1 bed/1 bath units, totaling 2,048 SF. The lot size and zoning presents an excellent value-add opportunity for developers, investors, or builders aiming to rehabilitate or redevelop. Strategically positioned within a desirable section of Hawthorne, offering convenient access to the 105 and 405 freeways and close proximity to LAX. The Property has extensive fire damage and is currently boarded up. Do Not Walk On Property. See attached documents for list of current code violations. Property being sold AS IS. Two APNS included in sale: 4044-018-040 / 4044-018-041. Contact listing agents for information and instructions regarding building code violations and offer submission. Submit offers to David@swgrp.com & Megan@swgrp.com. DO NOT WALK ON PROPERTY. DRIVE BY ONLY. Listing Agents do not know condition of interior and make no representations. The property is to be sold "AS IS" "WHERE IS" condition with all faults known and unknown with absolutely no representations or warranties expressed or implied. Buyer to verify with appropriate entities and satisfy self. Buyer to verify all info, including, without limitation, permits & uses, bed/bath counts, SQFT, and accuracy of all info provided. Property is subject to court confirmation & possible overbid. Contact listing agents for information and instructions regarding building code violations and offer submission. Submit offers to David@swgrp.com & Megan@swgrp.com. DO NOT WALK ON PROPERTY. DRIVE BY ONLY. Listing Agents do not know condition of interior and make no representations. The property is to be sold "AS IS" "WHERE IS" condition with all faults known and unknown with absolutely no representations or warranties expressed or implied. Buyer to verify with appropriate entities and satisfy self. Buyer to verify all info, including, without limitation, permits & uses, bed/bath counts, SQFT, schools & their enrollment availability, and accuracy of all info provided. Property is subject to court confirmation & possible overbid. Two APNs included in sale: 4044-018-040 and 4044-018-041.

FOR SALE DETAILS

PRICE

$815,000 USD

PRICE/SF

$240 USD /SF

# OF UNITS

5

PRICE/UNIT

$163,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Dormitory

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1923

PARKING SPACES

7

LAND DETAILS

LAND ACRES

0.24 AC

LAND SF

10,559 SF

ZONING

HAR3YY

APN/PARCEL ID

4044-018-040,4044-018-041

ASK ABOUT THIS PROPERTY

David WeinbergerSeymour | Weinberger GroupMore Info
818-970-0915

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

David WeinbergerSeymour | Weinberger GroupMore Info
818-970-0915

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