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Listed by Todd Slatcher • Jamison Management Company
$ 3,395,000
Est. payment /mo
Price Dropped by $200K
4823 West 118th Place Hawthorne, CA 90250
9,680 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Square Footage 9,680 sqft
Price per Sqft $350
MLS Listing ID SB-26077805
Year Built 1987
Lot Size 0.283 Acres
Property Sub-Type Apartment
Source California Regional Multiple Listing Service (CRMLS)
Property Description
4823 and 4827 W 118th Place is a gated 14-unit multifamily asset located in the heart of Hawthorne, one of the South Bay's most resilient rental markets. Built in 1987, the property totals approximately 9,680 square feet on a 12,319 square foot located west of Inglewood Blvd. The unit mix consists primarily of 1 bedroom/1 bath units with two 2 bedroom/1.5 bath townhome style units. Rents are at-to-near market meaning you don't have to spend years catching up to where you ought to be. RUBS was implemented as of April 1, 2026 providing reimbursement for a large portion of some utility bills. SB721 balcony repairs have been completed. Situated minutes from LAX, SpaceX, major South Bay employers, SoFi Stadium, the 105 and 405 freeways, and nearby beaches, this asset bene??ts from strong employment drivers and consistent rental demand. This offering presents a stabilized investment opportunity in a supply constrained, coastal adjacent submarket with continued long term growth potential.
Location
State CA
County Los Angeles
Area 108 - North Hawthorne
Interior
Fireplaces Type None
Inclusions Community washer(s) and dryer(s)
Laundry Community
Exterior
Parking Features Controlled Entrance, Covered
Pool None
Community Features Curbs, Sidewalks
View Y/N No
View None
Building
Lot Description Rectangular Lot
Sewer Public Sewer