$2,850,000
SOLD JAN 8, 2025

4360 137th St Hawthorne, CA 90250

16 Beds
16 Baths
7,752 Sq Ft
8,711 Sq Ft Lot

Recently Sold

$368 Per Sq Ft

30 Days on Market

About This Home

As of January 2025

We are proud to present a meticulously maintained multi-family property in Hawthorne, now offered for sale by the original builder. Built in the 1980s, this asset features a desirable unit mix spread across 7,752 rental square feet on an 8,711 square foot lot. The unit configuration includes 6 (2-Bedroom/2-Bathroom) units, a unique Two-Story Townhouse unit that offers 1 Bedroom with an additional room that can be utilized as a home office or even a 2nd Bedroom and 2 full Bathrooms, and 3(1-Bedroom/1-Bathroom) units.

Residents enjoy private gated entry and ample covered parking, with some units benefiting from two assigned spaces. The building is equipped with an intercom entry system, enhancing security and convenience. Each unit is also outfitted with essential appliances provided by the owner, including dishwashers and stoves. An onsite laundry facility adds to the daily convenience for tenants.

Located within close proximity to key attractions such as Manhattan Beach, Sofi Stadium, and LAX Airport, this property offers a blend of suburban tranquility and urban accessibility, making it highly attractive to prospective tenants. This investment opportunity is ideal for those looking to acquire a well-maintained property, with a stable rental history, and potential for future growth.

Last Agent to Sell the Property

Kristopher German

RE/MAX 2000 REALTY Brokerage Phone: 909-645-0443 License #01800021 Listed on: 10/15/2024

RE/MAX 2000 REALTY

Last Buyer's Agent

Jerry Hsu

Shu-Hui Hsu License #01316593

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1985

Lot Details

  • 8,711 Sq Ft Lot
  • Two or More Common Walls
  • Density is 6-10 Units/Acre

Home Design

  • Apartment
  • Entry on the 1st floor

Interior Spaces

  • 7,752 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 16 Bedrooms
  • 16 Bathrooms

Parking

  • 18 Parking Spaces
  • 18 Carport Spaces

Outdoor Features

  • Rain Gutters

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 159
  • Tax Tract Number 1391
  • Assessor Parcel Number 4045009029
  • $2,530 per year additional tax assessments

Community Details

Building Details

  • Rent Control
  • 10 Separate Electric Meters
  • 10 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $1,060
  • Fuel Expense $375
  • Insurance Expense $5,500
  • Maintenance Expense $7,500
  • Other Expense $1,500
  • Trash Expense $5,780
  • Water Sewer Expense $2,870
  • New Taxes Expense $33,750
  • Operating Expense $58,335
  • Gross Income $213,720
  • Net Operating Income $148,974

Additional Features

  • 10 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 2870.00
  • Zoning: HAR3YY
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 4045009029
  • Year Built: 1985
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 367.65

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 18.00
  • Total Parking Spaces: 18.00

Utilities

  • Laundry: Yes
  • Laundry Features: Community, Inside
  • Sewer: Public Sewer
  • Trash Expense: 5780.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Curbs, Gutters, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 6-10 Units/Acre, Lot 6500-9999
  • Lot Size Sq Ft: 8711.00
  • Lot Size Acres: 0.2000

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Electric Expense: 1060.00
  • Fuel Expense: 375.00
  • Gross Income: 213720.00
  • Gross Operating Income: 207308.00
  • Gross Scheduled Income: 213720.00
  • Insurance Expense: 5500.00
  • Laundry Income: 1200.00
  • Lot Size Area: 8711.0000 Square Feet
  • Maintenance Expense: 7500.00
  • Net Operating Income: 148974.00
  • Number Of Separate Electric Meters: 10
  • Number Of Separate Gas Meters: 10
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 10
  • Operating Expense: 58335.00
  • Other Expense: 1500.00
  • Other Expense Description: Reserves
  • Rent Control: Yes
  • Total Actual Rent: 17710.00
  • Total Expenses: 58335.00

Tax Info

  • New Taxes Expense: 33750.00
  • Tax Census Tract: 6024.04
  • Tax Lot: 159
  • Tax Tract Number: 1391
  • TaxOtherAnnualAssessmentAmount: 2530.00

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/08/2025 01/08/25 Sold $2,850,000 0.0% $368 / Sq Ft
11/14/2024 11/14/24 Pending -- -- --
11/04/2024 11/04/24 For Sale $2,850,000 0.0% $368 / Sq Ft
10/22/2024 10/22/24 Pending -- -- --
10/15/2024 10/15/24 For Sale $2,850,000 -- $368 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV24213561

California Regional Multiple Listing Service (CRMLS)