Multifamily
4838 W 118th St
4838 W 118th St, Hawthorne, CA 90250
Listing Price: $2,150,000
Investment Overview
Marcus & Millichap is pleased to present 4838 W 118th Street in Hawthorne, CA, a well-maintained eight-unit multifamily investment opportunity offering attractive in-place income and future rental upside. Built in 1985, the property benefits from newer construction relative to much of Hawthorne’s multifamily inventory and reflects strong pride of ownership. The asset features a diverse unit mix consisting of one three-bedroom/1.5-bathroom unit, two two-bedroom/two-bathroom units, four two-bedroom/one-bathroom units, and one one-bedroom/one-bathroom unit. Additional amenities include 15 secured parking spaces with gated access and individually metered gas and electricity. With opportunities to increase rents to market and implement utility bill-backs, the property offers multiple avenues to enhance future operating performance. Ideally located just minutes from SoFi Stadium in a strong, low-vacancy rental market, 4838 W 118th Street presents investors with a compelling combination of steady cash flow, attractive pricing metrics, and long-term upside.
4838 W 118th St
Investment Highlights
- 1985 Construction — Newer Vintage for Hawthorne Multifamily
- Pride Of Ownership Asset — Very Well Maintained
- 15 Secured Parking Spots — Covered Parking With Security Gate Access
- The Deal Makes Sense — Attractive Current Income and Pricing Metrics
- Upside — Through Increases Rents To Market and Billing Back Utilities
Exclusively Listed By
Listing Price: $2,150,000
Investment Highlights
- 1985 Construction — Newer Vintage for Hawthorne Multifamily
- Pride Of Ownership Asset — Very Well Maintained
- 15 Secured Parking Spots — Covered Parking With Security Gate Access
- The Deal Makes Sense — Attractive Current Income and Pricing Metrics
- Upside — Through Increases Rents To Market and Billing Back Utilities
Investment Overview
Marcus & Millichap is pleased to present 4838 W 118th Street in Hawthorne, CA, a well-maintained eight-unit multifamily investment opportunity offering attractive in-place income and future rental upside. Built in 1985, the property benefits from newer construction relative to much of Hawthorne’s multifamily inventory and reflects strong pride of ownership. The asset features a diverse unit mix consisting of one three-bedroom/1.5-bathroom unit, two two-bedroom/two-bathroom units, four two-bedroom/one-bathroom units, and one one-bedroom/one-bathroom unit. Additional amenities include 15 secured parking spaces with gated access and individually metered gas and electricity. With opportunities to increase rents to market and implement utility bill-backs, the property offers multiple avenues to enhance future operating performance. Ideally located just minutes from SoFi Stadium in a strong, low-vacancy rental market, 4838 W 118th Street presents investors with a compelling combination of steady cash flow, attractive pricing metrics, and long-term upside.
Exclusively Listed By
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