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4077 W 137th Street, Hawthorne, CA 90250

Property

4077 W 137th Street, Hawthorne, CA 90250 Sold December 2024 CRMLS
$930,000Sold December 2024

Listing Agent: Kristopher German (DRE #01800021) · Listing Office: RE/MAX 2000 REALTY · Contact: 909-645-0443 · Bought with: Mohammad Ali · Eagles Mortgage Company Inc. · MLS #CV24169374 · Source: CRMLS

8,701 sqft
Lot Size
1941
Year Built
Property
Type
2
Stories
2
Garage

About this property

We are pleased to offer for sale these 2 Cottage Style units on one lot for sale in prime Hawthorne. The property includes a 2-bedroom/1-bath unit (to be delivered vacant at the close of escrow) and a larger 3-bedroom/2-bath unit, which cleverly was divided into a 2-bedroom/1-bath residence upstairs and a 1-bedroom/1-bath "in-law" quarters downstairs, maximizing its rental potential. Spanning 2,086 square feet of rental space on a generous 8,701 square foot lot, these homes are complemented by individual laundry hookups, adding to tenant convenience and appeal. The property boasts updated plumbing, ensuring reduced maintenance costs and increased reliability. Strategically located near Manhattan Beach, Sofi Stadium, and LAX Airport, this property not only offers great accessibility to major attractions but also stands to benefit from a significant 25% potential upside in rental income (A buyer can take advantage of the fact that all units are scheduled for their annual rental increase.). This presents an exceptional opportunity to capitalize on a well-maintained property with strong income growth potential.

Listing description from the December 2024 sale, as reported to CRMLS.

Sale history

$930,000
Sold December 2024 · listed $950,000, on market August 2024 · MLS #CV24169374 · Source: CRMLS
Listing Agent: Kristopher German · Listing Office: RE/MAX 2000 REALTY · Contact: 909-645-0443 · Bought with: Mohammad Ali · Eagles Mortgage Company Inc.
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