4821 W 117th Street, Hawthorne, California 90250, Hawthorne, 90250 - bed, bath
ACTIVE$1,750,000
4821 W 117th Street, Hawthorne, California 90250
0Bed
0Bath
4,593Sqft
5,603Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
High-Demand Rental Market: Located in a strong rental market near major corporations like SpaceX, Amazon, Best Buy, Home Depot, Solar City, and OSI Systems, ensuring consistent tenant demand and stable income.
Top Cons:
Age of Building: Built in 1962, the underlying structure is over 60 years old. While significant renovations have occurred, potential maintenance issues in un-updated areas (e.g., plumbing, electrical infrastructure) may arise.
Compared to the nearby listings
Price:$1.75M vs avg $965.0K (+$785,000)93%
Size:4,593 sqft vs avg 2,311.5 sqft86%
Price/sqft:$381 vs avg $44129%
More Insights
Built in 1962 (63 years old).
Condition: Despite being built in 1962, the property has undergone extensive major renovations within the last five years, including completely remodeled kitchens with custom shaker cabinets, quartz counters, and stainless steel appliances, as well as new windows, furnaces, water heaters, and flooring. The provided images confirm the modern and virtually new condition of the kitchen and bathroom, featuring contemporary finishes and fixtures. This aligns perfectly with the 'Excellent' criteria for properties extensively renovated within 5 years, where components are new or virtually new and meet current quality standards.
Year Built
1962
Close
-
List price
$1.75M
Original List price
$1.75M
Price/Sqft
$381
HOA
-
Days on market
-
Sold On
-
MLS number
SB25051260
Home ConditionExcellent
Features
View-
About this home
4-Unit Quadplex in Hawthorne presents a turn key investment with unbeatable in place cashflow. Located in a strong rental market near major corporations Space Ex, Amazon, Best Buy, Home Depot, Solar City, OSI Systems. Built in 1962 with 4593sf of living space, benefitting from four spacious, 3 bedroom and 1 1/2 bathroom units. The property had major renovations done in the past five years including new windows, completely remodeled kitchens with custom made shaker Cabinets, quartz counters, stainless appliances, new furnaces, water heaters, flooring and landscaping. 4821 117th St. is a quiet, mostly single family residential neighborhood with tree lined streets.
Nearby schools
4/10
Eucalyptus School
Public,•K-5•0.4mi
6/10
Buford Elementary School
Public,•K-5•0.6mi
6/10
Moffett Elementary School
Public,•K-5•0.8mi
5/10
York School
Public,•K-5•1.0mi
6/10
Washington School
Public,•K-5•1.1mi
5/10
Bennett/Kew Elementary School
Public,•K-5•1.7mi
5/10
Kornblum School
Public,•K-5•1.7mi
5/10
Lennox Middle School
Public,•6-8•0.5mi
6/10
Hawthorne Middle School
Public,•6-8•1.1mi
5/10
Prairie Vista Middle School
Public,•6-8•1.7mi
/10
Monroe (Albert F.) Middle School
Public,•6-8•2.1mi
4/10
Hawthorne High School
Public,•9-12•0.8mi
2/10
Morningside High School
Public,•9-12•1.8mi
5/10
Leuzinger High School
Public,•9-12•1.9mi
4/10
Lawndale High School
Public,•9-12•2.2mi
Price History
Date
Event
Price
04/13/20
Sold
$1,522,500
04/02/19
Sold
$1,050,000
Condition Rating
Excellent
Despite being built in 1962, the property has undergone extensive major renovations within the last five years, including completely remodeled kitchens with custom shaker cabinets, quartz counters, and stainless steel appliances, as well as new windows, furnaces, water heaters, and flooring. The provided images confirm the modern and virtually new condition of the kitchen and bathroom, featuring contemporary finishes and fixtures. This aligns perfectly with the 'Excellent' criteria for properties extensively renovated within 5 years, where components are new or virtually new and meet current quality standards.
Pros & Cons
Pros
High-Demand Rental Market: Located in a strong rental market near major corporations like SpaceX, Amazon, Best Buy, Home Depot, Solar City, and OSI Systems, ensuring consistent tenant demand and stable income.
Extensive Recent Renovations: Major renovations completed in the past five years, including new windows, completely remodeled kitchens with custom shaker cabinets, quartz counters, stainless appliances, new furnaces, water heaters, flooring, and landscaping, significantly reducing immediate capital expenditures for a new owner.
Turn-Key Investment & Cashflow: Described as a 'turn key investment' with 'unbeatable in place cashflow,' indicating immediate profitability and ease of management for an investor.
Spacious Unit Configuration: Comprises four spacious 3-bedroom and 1 1/2 bathroom units, a highly desirable layout for families or multiple occupants, maximizing rental potential.
Quadplex Income Diversification: As a 4-unit quadplex, it offers excellent income diversification and scalability for an investor compared to smaller multi-family properties.
Cons
Age of Building: Built in 1962, the underlying structure is over 60 years old. While significant renovations have occurred, potential maintenance issues in un-updated areas (e.g., plumbing, electrical infrastructure) may arise.
Lack of Central Air Conditioning: The description mentions new furnaces (heating) but does not specify a cooling system, which could be a drawback for tenants during warmer months in California.
Limited Bathroom Count: Each 3-bedroom unit features 1.5 bathrooms, which might be considered less ideal by some prospective tenants compared to units with 2 or more full bathrooms, potentially affecting marketability for a segment of the tenant pool.