NOT LISTED FOR SALE
8 Beds
5 Baths
5,580 Sq Ft
6,291 Sq Ft Lot

Sale Details

Date Sold: August 20, 2025

Last sale price $1,570,000 $281 Per Sq Ft

29 Days on Market

Highlights

  • Property is near public transit
  • Private Yard
  • Landscaped
  • Traditional Architecture
  • 5 Attached Carport Spaces
  • Wrought Iron Fence

About This Home

As of August 2025

We are pleased to offer 4736 W. 118th Street, a professionally managed, strong-performing 5-unit multifamily asset located in the desirable South Bay city of Hawthorne, California.

This 5,580-square-foot property features a well-balanced unit mix, including a spacious 3-bedroom, 2-bath unit with a fireplace and laundry hookups, three 2-bedroom, 1-bath units, and one 1-bedroom, 1-bath unit. Upgrades include renovations to two of the units and in 2025, the exterior of the property was freshly repainted, enhancing its appeal and value.

Strategically positioned in the South Bay, this property benefits from proximity to key employment centers, entertainment destinations, and major transportation corridors. Just minutes from the beach cities, LAX, SpaceX, SoFi Stadium, Intuit Dome, and the Kia Forum, it offers tenants convenient access to area amenities and employers. Additionally, with easy access to the 405, 105, 110, and 91 Freeways, this location is ideal for attracting and retaining renters.

With no local rent control in Hawthorne and subject only to statewide AB 1482 rent control, this investment is an ideal candidate for long-term appreciation and rental income growth. With its solid unit mix, recent improvements, and prime location in a high-demand market, 4736 W. 118th Street represents an excellent investment opportunity for the multifamily investor.

Last Agent to Sell the Property

Mike McKinney

Lyon Stahl Investment Real Estate, Inc. Brokerage Phone: 310-880-2900 License #00634672 Listed on: 04/03/2025

Lyon Stahl Investment Real Estate, Inc.

Co-Listed By

Nancy Bush

Lyon Stahl Investment Real Estate, Inc. Brokerage Phone: 310-880-2900 License #00962565

Last Buyer's Agent

Brian Estes

Re/Max Commercial & Investment License #01394559

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Lot Details

  • 6,291 Sq Ft Lot
  • Two or More Common Walls
  • Wrought Iron Fence
  • Landscaped
  • Level Lot
  • Private Yard
  • Front Yard

Home Design

  • Traditional Architecture
  • Apartment
  • Entry on the 1st floor
  • Turnkey
  • Shingle Roof

Interior Spaces

  • 5,580 Sq Ft Home
  • 2-Story Property
  • Family Room with Fireplace
  • Laundry in unit

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 5 Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 5 Parking Spaces
  • 5 Attached Carport Spaces
  • Parking Available

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Location

  • Property is near public transit

Utilities

  • Heating System Uses Natural Gas
  • Natural Gas Connected

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 32
  • Tax Tract Number 1084
  • Assessor Parcel Number 4044027001
  • $1,714 per year additional tax assessments
  • Seller Considering Concessions

Community Details

Building Details

  • 5 Leased Units
  • 6 Separate Electric Meters
  • 6 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $2,760
  • Insurance Expense $8,370
  • Maintenance Expense $5,000
  • Other Expense $8,836
  • New Taxes Expense $20,602
  • Operating Expense $45,568
  • Gross Income $141,672
  • Net Operating Income $91,853

Additional Features

  • 5 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

6,291 Sq Ft Lot

Listing Details

  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: No
  • Zoning: HAR3YY
  • Architectural Style: Traditional
  • Property Condition: Turnkey
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Gardener Expense: 2760.00
  • Parcel Number: 4044027001
  • Year Built: 1963
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Fireplace Features: Family Room
  • Levels: Two
  • Price Per Square Foot: 281.36

Exterior Features

  • Exterior Features: Lighting, Rain Gutters
  • Fence: Yes
  • Fencing: Wrought Iron
  • Pool Private: No
  • Roof: Shingle
  • Spa: No

Garage/Parking

  • Carport Spaces: 5.00
  • Parking: Yes
  • Parking Features: Attached Carport
  • Total Parking Spaces: 5.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Electric: Electricity - On Property
  • Heating Type: Natural Gas
  • Laundry Features: Community, Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Landscaped, Level, Near Public Transit, Yard
  • Lot Size Sq Ft: 6291.00
  • Lot Size Acres: 0.1444

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 141672.00
  • Gross Operating Income: 137422.00
  • Gross Scheduled Income: 141672.00
  • Insurance Expense: 8370.00
  • Laundry Income: 40.00
  • Lot Size Area: 6291.0000 Square Feet
  • Maintenance Expense: 5000.00
  • Net Operating Income: 91853.00
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 5
  • Number Of Units Total: 5
  • Operating Expense: 45568.00
  • Other Expense: 8836.00
  • Other Expense Description: Utility
  • Rent Control: No
  • Total Actual Rent: 11766.00
  • Total Expenses: 45568.00
  • Vacancy Allowance Rate: 3.00

Tax Info

  • New Taxes Expense: 20602.00
  • Tax Census Tract: 6021.03
  • Tax Lot: 32
  • Tax Tract Number: 1084
  • TaxOtherAnnualAssessmentAmount: 1714.00

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2025
Closed on
Jul 16, 2025
Sold by
Bought by
Seller's Agent
Mike McKinney
Lyon Stahl Investment Real Estate, Inc.
Buyer's Agent
Brian Estes
Re/Max Commercial & Investment
List Price
$1,595,000
Sold Price
$1,570,000
Premium/Discount to List
-$25,000
-1.57%
Views
26

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$885,000
Outstanding Balance
$876,329
Interest Rate
6.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 15, 2013
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
3.79%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 14, 2010
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$410,000
Interest Rate
4.21%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 1, 2008
Sold by
Bought by

Purchase Details

Closed on
Apr 8, 2008
Sold by
Bought by

Purchase Details

Closed on
Apr 16, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$277,500
Interest Rate
6.86%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 14, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$277,500
Interest Rate
6.86%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 4, 1999
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Hawthorne, CA

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,570,000 Old Republic Title Company
$675,000 Chicago Title
-- Chicago Title
-- None Available
-- None Available
$370,000 Commerce Title Company
-- --
-- Commonwealth Title
$270,000 Commonwealth Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $885,000
Previous Owner $856,000
Previous Owner $500,000
Previous Owner $410,000
Previous Owner $277,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/20/2025 08/20/25 Sold $1,570,000 -1.6% $281 / Sq Ft
05/02/2025 05/02/25 Pending -- -- --
04/03/2025 04/03/25 For Sale $1,595,000 -- $286 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $12,197 $827,446 $398,399 $429,047
2024 $11,524 $811,223 $390,588 $420,635
2023 $11,133 $795,318 $382,930 $412,388
2022 $11,272 $779,724 $375,422 $404,302
2021 $11,115 $764,436 $368,061 $396,375
2019 $10,750 $741,764 $357,145 $384,619
2018 $10,328 $727,221 $350,143 $377,078
2016 $9,792 $698,985 $336,548 $362,437
2015 $9,583 $688,486 $331,493 $356,993
2014 $9,551 $675,000 $325,000 $350,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB25072210

California Regional Multiple Listing Service (CRMLS)
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