4376 W 134th Street, Hawthorne, California 90250, Hawthorne, 90250 - bed, bath
ACTIVE$1,950,000
4376 W 134th Street, Hawthorne, California 90250
0Bed
0Bath
7,292Sqft
8,713Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Great Schools: Middle School: Richard Henry Dana Middle School (9/10).
Top Cons:
Age of Property: Built in 1962, the property is over 60 years old, which may indicate potential for aging infrastructure, deferred maintenance, and higher capital expenditure requirements in the future.
Compared to the nearby listings
Price:$1.95M vs avg $1.47M (+$480,000)60%
Size:7,292 sqft vs avg 5,048 sqft80%
Price/sqft:$267 vs avg $29120%
More Insights
Built in 1962 (63 years old).
Condition: Built in 1962, this property is over 60 years old. The interior images reveal extremely dated kitchens and bathrooms, likely original or from a very early renovation (1960s-1970s), featuring old cabinets, worn laminate countertops, basic fixtures, and outdated appliances. Flooring throughout the units (carpet and linoleum/vinyl) is worn and requires replacement. The property's age and the condition of its major interior components indicate a need for substantial rehabilitation and significant capital expenditure to bring it to modern standards and realize its stated 'value-add potential' and 'rental upside'.
Year Built
1962
Close
-
List price
$1.95M
Original List price
$1.95M
Price/Sqft
$267
HOA
-
Days on market
-
Sold On
-
MLS number
PW25025534
Home ConditionPoor
Features
View-
About this home
Discover this spacious 7,292 SF 6-unit apartment building located in the heart of Hawthorne. Featuring a strong unit mix of (2) 3-bed/2-bath units and (4) 2-bed/1-bath units, this property offers a compelling investment opportunity. One front 3-bed/2-bath unit is currently vacant, presenting immediate value-add potential or an excellent opportunity for an owner-user. With a 4.80% CAP rate and 23% rental upside, the property is priced competitively at $325,000 per unit and $267.42 per square foot. Additional amenities include (6) carport spaces and shared laundry facilities. Ideally situated just off Hawthorne Blvd, the building is two blocks from Hawthorne Middle School, near Leuzinger High School, and offers convenient access to nearby retail and restaurants along Hawthorne and Inglewood Blvd.
Nearby schools
6/10
Washington School
Public,•K-5•0.3mi
8/10
Ramona School
Public,•K-5•0.4mi
7/10
Jefferson School
Public,•K-5•0.5mi
4/10
Billy Mitchell Elementary School
Public,•K-5•0.8mi
/10
Juan Cabrillo Elementary School
Public,•K-2•1.2mi
8/10
Peter Burnett Elementary School
Public,•3-5•1.4mi
6/10
Hawthorne Middle School
Public,•6-8•0.3mi
5/10
Prairie Vista Middle School
Public,•6-8•0.4mi
7/10
Jane Addams Middle School
Public,•6-8•1.3mi
9/10
Richard Henry Dana Middle School
Public,•6-8•1.5mi
5/10
Leuzinger High School
Public,•9-12•0.6mi
4/10
Hawthorne High School
Public,•9-12•0.8mi
4/10
Lawndale High School
Public,•9-12•1.1mi
Price History
Date
Event
Price
10/14/99
Sold
$70,000
Condition Rating
Poor
Built in 1962, this property is over 60 years old. The interior images reveal extremely dated kitchens and bathrooms, likely original or from a very early renovation (1960s-1970s), featuring old cabinets, worn laminate countertops, basic fixtures, and outdated appliances. Flooring throughout the units (carpet and linoleum/vinyl) is worn and requires replacement. The property's age and the condition of its major interior components indicate a need for substantial rehabilitation and significant capital expenditure to bring it to modern standards and realize its stated 'value-add potential' and 'rental upside'.
Pros & Cons
Pros
Great Schools: Middle School: Richard Henry Dana Middle School (9/10).
Strong Unit Mix: The property features a desirable unit mix of (2) 3-bed/2-bath and (4) 2-bed/1-bath units, appealing to a broad tenant base and offering flexibility in rental income.
Value-Add Potential: One 3-bed/2-bath unit is currently vacant, providing an immediate opportunity for an investor to renovate and achieve market rents, or for an owner-user to occupy a unit while managing the property.
Significant Rental Upside: With a stated 23% rental upside, there is substantial potential to increase the property's income and overall return on investment through strategic rent adjustments and lease renewals.
Prime Location: Strategically located in the heart of Hawthorne, just off Hawthorne Blvd, offering convenient access to major retail, restaurants, and schools, enhancing tenant demand and property value.
Competitive Pricing: The property is priced competitively at $325,000 per unit and $267.42 per square foot, presenting an attractive entry point for a multi-unit investment in the area.
Cons
Age of Property: Built in 1962, the property is over 60 years old, which may indicate potential for aging infrastructure, deferred maintenance, and higher capital expenditure requirements in the future.
Moderate Current CAP Rate: The current 4.80% CAP rate, while having significant upside potential, might be considered moderate for some investors seeking higher immediate cash flow, relying heavily on future rent increases.
Limited Modern Amenities: While offering carport spaces and shared laundry, the property lacks more contemporary amenities (e.g., fitness center, dedicated recreation areas) that newer developments might provide to attract premium tenants.