RealKey
‪(213) 433-7766‬

4817 W 119th, Hawthorne, California 90250, Hawthorne, 90250 - 2 bed, 1 bath

4817 W 119th, Hawthorne, California 90250 home-pic-0
ACTIVE$899,000
4817 W 119th, Hawthorne, California 90250
2Beds
1Bath
840Sqft
9,244Lot
Year Built
1940
Close
-
List price
$899K
Original List price
$899K
Price/Sqft
$1,070
HOA
-
Days on market
-
Sold On
-
MLS number
SB25263641
Home ConditionTear down
Features
View-

About this home

Possibly Over-Priced:The estimated price is 25% below the list price. We found 3 Cons,6 Pros. Rank: price - $899.0K(50th), sqft - 840(2th), beds - 2(13th), baths - 1(18th).

Amazing Development Opportunity in Hawthorne! This is a rare chance to secure a 9,244 sq ft lot in a prime Hawthorne location. Zoned HAR3, the property offers excellent potential for multi-unit development or a full redesign, making it ideal for investors, builders, and developers looking for their next project. The existing structure is a true fixer, providing maximum flexibility for redevelopment or value add improvements. With its generous lot size and favorable zoning, the possibilities are wide open. Located near major South Bay amenities, this property sits minutes from SpaceX, LAX, SoFi Stadium, the Kia Forum, and the new Intuit Dome. Enjoy convenient access to freeways, shopping, restaurants, schools, and public transportation, all while being a short drive to South Bay beaches. Don’t miss this exceptional opportunity.

Nearby schools

4/10
Eucalyptus School
Public,•K-5•0.2mi
6/10
Buford Elementary School
Public,•K-5•0.8mi
6/10
Moffett Elementary School
Public,•K-5•0.9mi
5/10
York School
Public,•K-5•1.0mi
6/10
Washington School
Public,•K-5•1.0mi
5/10
Kornblum School
Public,•K-5•1.6mi
5/10
Bennett/Kew Elementary School
Public,•K-5•1.7mi
5/10
Lennox Middle School
Public,•6-8•0.7mi
6/10
Hawthorne Middle School
Public,•6-8•1.0mi
5/10
Prairie Vista Middle School
Public,•6-8•1.6mi
/10
Monroe (Albert F.) Middle School
Public,•6-8•2.2mi
4/10
Hawthorne High School
Public,•9-12•0.6mi
5/10
Leuzinger High School
Public,•9-12•1.7mi
2/10
Morningside High School
Public,•9-12•1.9mi
4/10
Lawndale High School
Public,•9-12•2.0mi

Price History

Date
Event
Price
11/21/25
Listing
$899,000
Condition Rating
Tear down
Built in 1940, this property is explicitly described as a 'true fixer' and marketed as a 'development opportunity' where the value lies in the 9,244 sq ft lot for multi-unit development. The exterior images show a neglected property, and given the age and description, the interior (including kitchen and bathroom) is undoubtedly unlivable, outdated, and beyond repair, requiring demolition for redevelopment. The property's value is based solely on the land.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9244, living area = 840.
Exceptional Development Opportunity: Zoned HAR3 with a generous 9,244 sq ft lot, explicitly marketed for multi-unit development or full redesign, offering significant upside for investors and builders.
Strategic Location: Proximity to major employment hubs and entertainment venues like SpaceX, LAX, SoFi Stadium, Kia Forum, and Intuit Dome, enhancing future rental or resale value.
Excellent Accessibility: Convenient access to freeways, public transportation, shopping, restaurants, and a short drive to South Bay beaches, appealing to a broad demographic.
Maximum Redevelopment Flexibility: The existing 'true fixer' structure provides a blank canvas for developers, eliminating the cost of acquiring a well-maintained property that would be demolished.
Generous Lot Size: The 9,244 sq ft lot is substantial, providing ample space for a significant multi-unit project under the HAR3 zoning.

Cons

Existing Structure Requires Extensive Work/Demolition: Described as a 'true fixer,' the current 1940-built structure (840 sqft) is likely uninhabitable or requires substantial investment, adding to initial project costs.
Significant Price Discrepancy: The list price of $899,000 is 25% above the estimated property value of $671,255, potentially indicating an aggressive pricing strategy or requiring a buyer to see higher development value.
No Immediate Habitable Value: The property's current state and small size (2 beds, 1 bath, 840 sqft) mean it offers no immediate rental income or personal occupancy without substantial capital expenditure, making it purely a development play.

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI

Browse Properties by State Browse housing market trends by state