4020 W 137Th Street, Hawthorne, CA 90250

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Property 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.


Interior Features

Laundry Information
Location(s) In Garage
Bedroom Information
Bedrooms N/A
Bathroom Information
Bathrooms N/A
Interior Information
Features Ceiling Fan(s), All Bedrooms Down
Cooling Type None

Listing Information

Address 4020 W 137Th Street
City Hawthorne
State CA
Zip 90250
County Los Angeles
Listing Agent Christopher Crosby DRE #02116879
Courtesy Of Buckingham Investments, Inc
List Price $1,299,000
Status Active
Type Residential Income
Subtype Triplex
Structure Size N/A
Lot Size 8,704
Year Built 1960

Listing information courtesy of: Christopher Crosby, Buckingham Investments, Inc. *Based on information from the Association of REALTORS/Multiple Listing as of Oct 11th, 2024 at 12:01 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.