About 4020 W 137th Street
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.
Features of 4020 W 137th Street
| MLS® # | SB24206132 |
|---|---|
| Price | $1,299,000 |
| Bedrooms | 7 |
| Bathrooms | 4.00 |
| Acres | 0.20 |
| Type | Residential Income |
| Status | Closed |
Community Information
| Address | 4020 W 137th Street |
|---|---|
| City | Hawthorne |
| County | Los Angeles |
| State | CA |
| Zip Code | 90250 |
Amenities
| Is Waterfront | No |
|---|---|
| Has Pool | No |
| Pool | N/K |
Interior
| Cooling | N/K |
|---|---|
| Fireplace | Yes |
| Stories | 1 Story |
Exterior
| Lot Description | Sidewalks |
|---|
Additional Information
| Date Listed | October 4th, 2024 |
|---|---|
| Days on Market | 40 |
| Zoning | Assessor |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Buckingham Investments, Inc |
|---|