4035 W 134th Street, Hawthorne, CA 90250

About this property

Here is a great opportunity to own a 7895 sqft 7 unit apartment building in a prime West of Prairie location in Hawthorne. Fully rented with 2 three bedroom units and 5 two bedroom units and 7 covered off street parking spaces. The property has been professionally managed for years and is due for the next rent increase under AB 1472. At just $241/sqft and a low 14.9 GRM there is lots of potential for future cash flow with the rent increases and/or making building improvements too. Income and expense info taken from the 2022 year end management report.

Listing description from the June 2023 sale, as reported to CRMLS.

Sale history

$1,870,000

Sold June 2023 · listed $1,900,000, on market May 2023 · MLS #SB23082846 · Source: CRMLS

Listing Agent: Ronald Werner · Listing Office: Vista Sotheby’s International Realty · Contact: 310-546-7611 · Bought with: Ronald Werner · Vista Sotheby’s International Realty

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