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4049 W 139th ST Hawthorne, CA 90250
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Key Details
Sold Price $2,325,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SB21038998
Sold Date 06/03/21
HOA Y/N No
Year Built 1963
Lot Size 8,712 Sqft
Acres 0.2
Property Description
4049 W. 139th St. is a turn-key, completely renovated 6-Unit asset located in the heart of Hawthorne. New buyers can take advantage of the Day 1 returns in monthly rental income, with a Current CAP above 5%. This turn-key gem has been completely remodeled and is offering top-of-the-market income. This is a perfect play for an Owner/User or any buyer looking to own a cash-flowing, low-maintenance asset. All tenants are current on rent.
4049 W. 139th St. is comprised of (2) 4-Bd/2-Ba, (1) 3-Bd/2-Ba, (3) 2-Bd/2-Ba units. These spacious units feature new flooring, countertops, appliances, and fixtures. Major capital improvements recently completed, including a newer roof, exterior building paint, dual-pane window replacements, and copper plumbing. Additionally, each unit comes with a parking spot, as well as a 2 car garage and ample street parking. Laundry room on-site; Laundry hook-ups in the 4-Bd/2Ba units. There is still room to grow the rental income, offering nearly a 6% Market CAP.
The subject property is located in a nice quiet pocket of Hawthorne, which features fantastic schools such as Jefferson, Prairie Vista, Hawthorne Math & Science Academy, and Leuzinger. Additionally, 4049 W. 139th St. is minutes from major employers and new developments such as Hawthorne Plaza Mall, SpaceX, Ring, Hollywood Park, SoFi Stadium, and Clippers Arena.
Location
State CA
County Los Angeles
Area 699 - Not Defined
Rooms
Ensuite Laundry Common Area, Washer Hookup, Gas Dryer Hookup
Interior
Laundry Location Common Area,Washer Hookup,Gas Dryer Hookup
Fireplace No
Laundry Common Area, Washer Hookup, Gas Dryer Hookup
Exterior
Garage Spaces 2.0
Garage Description 2.0
Pool None
Community Features Biking, Golf, Park, Street Lights, Sidewalks
Total Parking Spaces 2
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Acceptable Financing Cash, Conventional, 1031 Exchange
Listing Terms Cash, Conventional, 1031 Exchange
Financing Conventional
Special Listing Condition Standard
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Bought with Adriana Mollica • Compass