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 large private yard in the back. Investors may explore converting garages into an ADU or an attached ADU in the back yard (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 an ADU (buyer to verify) could unlock further potential, making it an outstanding long-term investment in a desirable rental neighborhood with low vacancy.
MLS #
CRSB24206132
MLS Source
California Regional MLS
Days on Site
32
Cooling
None
Heating
Wall Furnace
Roof
Shingle
Pool
None
Garage/Parking
Garage, Garage: 3 Car(s)
HOA Fee
$0
# Buildings | # Leased Units | # Total Units |
---|---|---|
1 | – | 3 |
4020 W 137th St is a Triplex in Hawthorne, CA 90250. This – square foot property sits on a 8,704 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,299,000 and was built in 1960.
This address can also be written as 4020 W 137th St, Hawthorne, CA 90250.©2024 California Regional MLS. All rights reserved. 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. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
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This listing information is up-to-date as of October 11, 2024. For the most current information, please contact Christopher Crosby