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$5,895,000
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Property Description
NEW PRICE! First time for sale since original construction in 1987! This one of a kind multi-family residential investment property is being offered for sale directly by the original builder, showcasing its lasting quality and meticulous maintenance since its original construction. Spanning two contiguous lots, each with their own separate APNs, the property covers an impressive 18,392 square foot lot with 17,582 square feet of rentable space, divided among 20 well-designed units. The unit mix includes: sixteen 2-Bedroom/1.5-Bath units, and four 1-Bedroom/1-Bath units, each designed to maximize space and tenant comfort.
Residents benefit from a host of amenities including gated private entry, door entry intercom system, covered parking, dishwashers and stoves provided by the owner, an onsite laundry facility (one per building), and fire sprinkler system, enhancing the living experience and tenant retention rates. Strategically located near Manhattan Beach, Sofi Stadium, and LAX Airport, the property offers unmatched convenience and accessibility, making it highly attractive to potential renters.
Currently priced at 5.32% CAP Rate and 13GRM based on current rental rates, investors will find significant value-add potential in rental income driven by the property's prime location and robust amenities. This is an ideal opportunity for an investor seeking a substantial, well-maintained property with strong growth prospects in a competitive rental market.
Full Property Details
Full Property Details for 4453 W 138th St
General
- Sold For: $5,895,000
- Status: Closed
- Type: Multi-Family
- Source: MRMLS
- MLS ID: CV24175154
- Added to Site: 548 day(s) ago
Rooms
Other Rooms
- Laundry: Community, Inside
Additional Information
- Pool Description: None
Location
- Area: 109 - Ramona/Burleigh
- County: Los Angeles
- Development Name: 109 - Ramona/Burleigh
- Driving Directions: East of I-405, South of I-105; Near the Intersection of Hawthorne Blvd & 138th St
Utilities
- Sewer: Public Sewer
- Water: Public
- # Water Meters: 1
- # Gas Meters: 20
- # Electric Meters: 20
Structural Information
- Entry Location: 1
- Stories/Levels: Two
- Stories Description: Two
- Square Feet: 17,582
- Year Built: 1987
Lot Features
- Lot Size (Acres): 0.4222
- Lot Size Source: Assessor
- Zoning: HAR3YY
- Lot Description: 16-20 Units/Acre, Lot 10000-19999 Sqft
Financial Considerations
- Price Per Sq. Ft.: $335.29
- Price Per Unit: 299750
Listed by Re/Max 2000 Realty, Kristopher German
Sold by Century 21 Union Realty, Elena Moric
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Schools
Schools serving 4453 W 138th St
| Name | Grades | Distance |
|---|---|---|
Ramona School 4617 West 136th Street, Hawthorne, CA 90250 | K-5 | 0.3 mi |
Hawthorne Middle School 4366 West 129th Street, Hawthorne, CA 90250 | 6-8 | 0.6 mi |
Hawthorne High School 4859 West El Segundo Boulevard, Hawthorne, CA 90250 | 9-12 | 0.9 mi |
Lawndale High School 14901 South Inglewood Avenue, Lawndale, CA 90260 | 9-12 | 1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 4453 W 138th St
Date
Details
Price
Change
Source
12/11/2024
Sold
$5,895,000
-1.67%
MLS
9/24/2024
Price Reduced
$5,995,000
-4.84%
MLS
8/23/2024
Listed
$6,300,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
4453 W 138th Street, Hawthorne, CA 90250 (MLS# CV24175154) is a Multi-Family property that was sold at $5,895,000 on December 11, 2024. Want to learn more about 4453 W 138th Street? Do you have questions about finding other Multi-Family real estate for sale in Hawthorne? You can browse all Hawthorne real estate or contact a Coldwell Banker agent to request more information.

