Home | Los Angeles County | Hawthorne | 90250 | 4055 W 129th St
MLS: CRSB25272005 | Status: | Price: $5,100,000
Beds/Baths: – / –
Property Type: Residential Income
| Beds | Baths | Sq Ft | Sq Ft Lot | Yr Built |
|---|---|---|---|---|
| – | – | – | 17,405 | 1966 |
$260K Price Improvement — Now Attractively Positioned at a 6.46% Cap Rate, 9.47 GRM, and $211K per Unit! Introducing The Crest Apartments, a 25-unit community at 4055 W. 129th Street in the heart of Hawthorne, offered for the first time by the original families who developed it in 1966. The property features (3) studios, (20) one-bedroom/one-bath units, (1) two-bedroom/one-bath unit, and (1) two-bedroom/two-bath unit (including one non-conforming). On-site amenities include landlord-owned laundry machines, a central courtyard with a pool, gated parking for 29 vehicles, secured entry, and a security camera system. The building is master-metered, with the potential to implement a RUBS (Ratio Utility Billing System) to allocate utility costs to tenants based on unit size or occupancy, providing additional income growth. Subject to statewide rent control under AB 1482, all eligible units received rent increases (5% + CPI) in October 2025. Additional improvements include a major drain line replacement in 2022 (195 ft.), supply line replacements as needed, newer Siemens sub-panels, and completion of SB 721 balcony inspections and required repairs in 2025. Situated west of Prairie Avenue, the property is centrally located near Hawthorne Middle School, Washington Elementary, SpaceX, Hawt
| Field | Value |
|---|---|
| MLS # | CRSB25272005 |
| MLS Source | California Regional MLS |
| Feature | Details |
|---|---|
| Laundry | Community Facility |
| Cooling | Other |
| Heating | Other |
| Feature | Details |
|---|---|
| Garage/Parking | Assigned Spaces, Garage: 2 Car(s) |
| HOA Fee | $0 |
| Listing Agent | Co-Listing Agent |
|---|---|
| Robert Sillman | Cameron Samimi |
| Lyon Stahl Investment Real Estate, Inc. | |
| License #: 02145409 | License #: 02035763 |
| Phone: (310) 908-5092 | Phone: – |
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | 24 | – |
School data provided by GreatSchools.org
| School | Type | Grades | Distance | Rating |
|---|---|---|---|---|
| Hawthorne Middle School | public | 6-8 | 0.33 mi | 5 |
| Washington School | public | K-5 | 0.34 mi | 7 |
| Kornblum School | public | K-5 | 0.48 mi | 7 |
| Prairie Vista Middle School | public | 6-8 | 0.57 mi | 5 |
| Zela Davis School | public | K-5 | 0.67 mi | 5 |
| Jefferson School | public | K-5 | 0.68 mi | 4 |
| York School | public | K-5 | 0.76 mi | 4 |
| Ramona School | public | K-5 | 0.84 mi | 8 |
| Bud Carson Middle School | public | 6-8 | 0.90 mi | 4 |
| Eucalyptus School | public | K-5 | 0.90 mi | 3 |
| Leuzinger High School | public | 9-12 | 0.99 mi | 4 |
| Hawthorne High School | public | 9-12 | 1.01 mi | 4 |
| Bennett/Kew Elementary School | public | K-8 | 1.12 mi | 6 |
| F. D. Roosevelt Elementary School | public | K-5 | 1.19 mi | 3 |
| Lucille J. Smith Elementary School | public | K-5 | 1.29 mi | 8 |
| Renaissance Community Day School | public | 7-12 | 1.36 mi | 2 |
| Moffett Elementary School | public | K-5 | 1.38 mi | 6 |
| Billy Mitchell Elementary School | public | K-5 | 1.38 mi | 6 |
| Carson School | public | UG | 1.39 mi | N/A |
| Purche Avenue Elementary School | public | K-5 | 1.48 mi | 3 |
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This listing information is up-to-date as of April 10, 2026. For the most current information, please contact Robert Sillman, (310) 908-5092.