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Sold Date6/03/2021
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4049 W 139th StreetHawthorne, California CA90250

Listing IDSB21038998

6,915 SqFt 0.200 Acres

$2,325,000

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.
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