4049 W 139th St. Hawthorne CA 90250

4049 W 139th St. Hawthorne CA 90250

Hawthorne, CA

Property Description

4049 W. 139th St. is a turn-key, completely renovated 6-Unit asset located in
the heart of Hawthorne. New buyers can take advantage of the Day 1 returns
in monthly rental income, with a Current CAP above 5%. This turn-key gem has
been completely remodeled and is offering top-of-the-market income. This is
a perfect play for an Owner/User or any buyer looking to own a cash-flowing,
low-maintenance asset.

4049 W. 139th St. is comprised of (2) 4-Bd/2-Ba, (1) 3-Bd/2-Ba, (3) 2-Bd/2-Ba
units. These spacious units feature new flooring, countertops, appliances, and
fixtures. Major capital improvements recently completed, including a newer
roof, exterior building paint, dual-pane window replacements, and copper
plumbing. Additionally, each unit comes with a parking spot, as well as a 2 car
garage and ample street parking. Laundry room on-site; Laundry hook-ups in
the 4-Bd/2Ba units. There is still room to grow the rental income, offering
nearly a 6% Market CAP.

The subject property is located in a nice quiet pocket of Hawthorne, which
features fantastic schools such as Jefferson, Prairie Vista, Hawthorne Math &
Science Academy, and Leuzinger. Additionally, 4049 W. 139th St. is minutes
from major employers and new developments such as Hawthorne Plaza Mall,
SpaceX, Ring, Hollywood Park, SoFi Stadium, and Clippers Arena.

Property Features

  • Sale Price: $2,450,000
  • Area Size: 6,915 SF
  • Land Area: 8,698 SF
  • Year Built: 1963
  • Listing Date: 2/24/2021
  • Closing Date: 6/3/2021
  • Units: 6
  • Current GRM: 13.73
  • Current Cap Rate: 5.01%
  • Market GRM: 12.63
  • Market Cap Rate: 5.63%

Lyon Stahl Investment Real Estate

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