- N/A BR
- 0 BA
- N/A SqFt.
- 7,953 Lot
- $1,345,000
- Active Under Contract
Description
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.
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Property Details for 4020 W 137th Street
Listing Details
- Listing Advertised By
- Dave Fratello, Edge(310) 243-6299|
|
- Listing Presented By
- Christopher Crosby
- Listing Brokered By
- Buckingham Investments, Inc
- Type
- Residential Income, Triplex
- Year Built
- 1960 (Assessor)
- MLS Area
- 109 - Ramona/Burleigh
Price and MLS Information
- Status
- Closed | Listing History
- MLS Days on Mkt.
- 40 DOM
- Combined DOM*
- 40
- First Date Active
- October 4th, 2024
- Closing Date
- November 22nd, 2024
- Sold Price
- $1,299,000
- Orig. List Price
- $1,299,000
- MLS® #
- SB24206132
- APN
- 4045031041
- Special
- Standard
Home Interior Information
- Levels/Stories
- One
- Heating
- Wall Furnace
- Cooling
- None
- Int. Features
- Ceiling Fan(s), All Bedrooms Down
- Fireplaces
- None
Room Information
- Laundry
- InGarage
Exterior Information
- Lot Description
- Back Yard, Front Yard, Lawn, Street Level, Yard
- Lot Size (sq. ft.)
- 8,704
- Lot Size (acres)
- 0.20
- Roof
- Shingle
- Pool
- None
- Parking Spaces
- 3
- Garage Spaces
- 3
Utilities Information
- Utilities
- Electricity Connected, Natural Gas Connected, Sewer Connected
- Water Source
- Public
Additional Information
- Zoning
- HAR3YY
* Combined DOM (CDOM) counts the total days on market for each time a property is listed, and continues counting until the property is Canceled/Expired for 90 days, no matter which agent or broker lists the property. This figure presents a truer picture of time on market because agents sometimes "re-list" a property after it has been on the market a while to try to “refresh” the Days on Market count, or sellers may change agents when a property has failed to sell.
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Neighborhood Information
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Listing/Price History
4020 W 137th Street, Hawthorne, (MLS® #SB24206132)
| Date | Details | Price | Change |
|---|---|---|---|
| Closed | $1,299,000 | – | |
| Pending (from Active) | – | – | |
| First Day Active | $1,299,000 | – |
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Listing Summary
Quick Summary of 4020 W 137th Street: This home in Hawthorne is priced at $1,299,000 . The Triplex residence was originally built in 1960 and was listed on October 4th, 2024 at $1,299,000, showing 40 Days on Market currently. Contact Dave Fratello today for more information or to go see 4020 W 137th Street.
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Based on information from California Regional Multiple Listing Service, Inc. as of December 14th, 2024 at 1:30am PST. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
