Description
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.
Property Type
Residential IncomeCounty
Los AngelesStyle
Residential IncomeAD ID
47109055
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Property Details
-
Interior Features
Water/Sewer
- Water Source : Public
- Sewer : Public Sewer
Interior Features
- Roof : Shingle
- Interior Features: Ceiling Fan(s),All Bedrooms Down
- Fireplace: None
Cooling Features
- None
- Air Conditioning
Heating Source
- Wall Furnace
- Has Heating
Fireplace
- Fireplace Features: None
- Has Fireplace: 0
-
Exterior Features
Building Information
- Year Built: 1960
- Building Area Total: 2,992
- Roof: Shingle
Pool Features
- None
Laundry Features
- In Garage
-
Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.1998
- Lot Size Source: Assessor
- Lot Size Square Feet: 8704
-
Listing Information
Listing Price Information
- Original List Price: 1,299,000
- Listing Contract Date: 2024-10-04
Lease Information
- Listing Agreement: Exclusive Right To Sell
-
Taxes / Assessments
Tax Information
- Parcel Number: 4045031041
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
- Garage Description: Garage,Shared Driveway
Homeowners Association
Rental Info
- Lease Term: Negotiable
- Tenant Pays: Electricity,Gas
-
School, Utilities & Location Details
Other Property Info
- Source Listing Status: Pending
- Source Neighborhood: 109 - Ramona/Burleigh
- Directions: West of Prairie and North of Rosecrans
- Zoning: HAR3YY
- Source Property Type: Residential Income
- Area: 109 - Ramona/Burleigh
- Property SubType: Triplex
Building and Construction
- Property Age: 64
- Common Walls: No Common Walls
- Structure Type: Triplex
- Year Built Source: Assessor
- Entry Level: 1
- Entry Location: Driveway
- Levels or Stories: One
- Building Total Stories: 1
Statistics Bottom Ads 2
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BuyOwner last updated this listing 11/19/2024 @ 23:20
- MLS: SB24206132
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 0 bedrooms which is recently sold, it has 2,992 sqft, 8,704 sized lot, and 3 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Heathrow , in zip code 90250, this Los Angeles County Home are nearby neighborhoods.