Hawthorne, CA 90250 4464 W 142nd Street
$1,325,000
Pending
2 more
Presented By: Kristopher German with RE/MAX 2000 REALTY; 909-645-0443
Beds • 3
Baths • 1
SQFT • 4,322
Home Details
We are pleased to offer for sale this 4 unit (Fourplex) investment opportunity in prime Hawthorne. This multi-family residential property offers an outstanding investment opportunity, boasting oversized units and a prime location. The property encompasses a total of 4,322 rental square feet situated on a 5,825 square foot lot and includes a diverse unit mix: one 3-Bedroom/1.75-Bath "Owner's Unit" featuring private laundry hookups, another 3-Bedroom/1-Bath unit, and two 2-Bedroom/1-Bath units. Each unit is separately metered for electricity and gas, ensuring ease of management and cost efficiency.
Located in close proximity to key attractions such as Manhattan Beach, Sofi Stadium, and LAX Airport, the property combines convenience with high tenant demand. Additionally, onsite carport parking adds to the appeal for residents, enhancing the property’s desirability.
Highlighting its potential, there is a significant 40% upside in rental income as all units are poised for an annual rent increase.
Presented By: Kristopher German with RE/MAX 2000 REALTY; 909-645-0443
Interior Features for 4464 W 142nd Street
Other Interior Features
Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsItem2CommonWalls
Electric On Property Y/NNo
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesWasherHookup, ElectricDryerHookup, GasDryerHookup, Inside
Total Stories2
Other Rooms
Entry Level1
General for 4464 W 142nd Street
Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Carport Spaces4.0
Carport Y/NYes
CityHawthorne
Community FeaturesCurbs, Gutters, Sidewalks
CountyLos Angeles
Days on Market6
DirectionsEast of I-405, South of I-105; Near the Intersection of Hawthorne Blvd & N 142nd St
Electric Expense0.0
Entry Location1
Fuel Expense954.0
Garage Spaces0.0
Garage Y/NNo
Gross Income78420.0
Home Owner AssocNo
Home Warranty Y/NNo
Insurance Expense2500.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Lot Size Square Feet5825.0
Lot Size UnitsSquareFeet
MLS Area109 - Ramona/Burleigh
MaintenanceExpense3000.0
MobileHomeRemainsYNNo
Net Operating Income48218.0
New ConstructionNo
Number of Units Leased4
NumberOfUnitsTotal4
Operating Expense27850.0
Pool FeaturesNone
Private PoolNo
Property Sub Type AdditionalApartment
Property SubTypeApartment
Property TypeResidentialIncome
Rent Control Y/NYes
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusPending
StatusPending
Stories2
Tax Lot266
Taxes$15,691
Tenant PaysElectricity, Gas
TermsCash, CashtoNewLoan
Total Actual Rent6535.0
Trash Expense3204.0
View Y/NNo
Water Sewer Expense2502.0
Waterfront Y/NNo
Year Built1961
Year Built SourceAssessor
ZoningHAR3YY
Exterior for 4464 W 142nd Street
Building Area Total4322.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesItem25UnitsAcre
Lot Size Acres0.1337
Lot Size Area5825.0
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters5
Number of Separate Gas Meters5
Number of Separate Water Meters1
Open Parking Y/NNo
SpaNo
Total Parking4.0
Water SourcePublic
Additional Details
Price History
Stephen Pliaconis
Pliaconis Realty Group REALTOR® DRE 02015480