Property Details
About this Property
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 Listing Information
MLS #
CRSB24206132
MLS Source
California Regional MLS
Interior Features
Cooling
None
Heating
Wall Furnace
Exterior Features
Roof
Shingle
Pool
None
Parking, School, and Other Information
Garage/Parking
Garage, Garage: 3 Car(s)
HOA Fee
$0
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | – | 3 |
Neighborhood: Around This Home
Neighborhood: Local Demographics
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.
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This listing information is up-to-date as of November 22, 2024. For the most current information, please contact Christopher Crosby
