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Listed by Daniel Gomez • Younglewin Advisors, Inc.
$ 1,049,000
Est. payment /mo
New
4853 West 116th Hawthorne, CA 90250
7 Beds
3 Baths
2,124 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,124 sqft
Price per Sqft $493
MLS Listing ID PW-26129372
Bedrooms 7
Full Baths 3
Year Built 1942
Lot Size 5,601 Sqft
Property Sub-Type Duplex
Source California Regional Multiple Listing Service (CRMLS)
Property Description
First time on the market in 28 years, this is a rare opportunity for an owner occupant to live in one unit while the others pay your mortgage. The property features two legal units — a 2 bed/1 bath front unit and a 3 bed/1 bath back unit — plus a non conforming 2 bed/1 bath garage conversion in the rear that has been fully built out with a complete kitchen, in unit laundry, and its own private covered patio. Whether you move into the spacious 3 bedroom back unit and collect rent from the front and rear, or configure the setup to fit your household's needs, the income from the other units will go a long way toward offsetting your carrying costs.
Long term tenants are already in place, so day one cash flow is built in. Five surface parking spaces, three along the side driveway and two marked spaces in front, keep things practical for everyone on site. The marketed square footage reflects the two legal units only and does not include the non conforming rear unit — buyer and agents to confirm all details.
The location does the heavy lifting on tenant demand. LAX, the Inglewood stadiums, South Bay hospitals, major retail corridors, and a dense base of service, trade, and light industrial employers are all within easy reach, with Downtown LA a straightforward freeway commute away. This is the kind of pocket that attracts stable, working tenants who need quality housing close to where they work — which is exactly what makes this a property worth holding for the long term.
Long term tenants are already in place, so day one cash flow is built in. Five surface parking spaces, three along the side driveway and two marked spaces in front, keep things practical for everyone on site. The marketed square footage reflects the two legal units only and does not include the non conforming rear unit — buyer and agents to confirm all details.
The location does the heavy lifting on tenant demand. LAX, the Inglewood stadiums, South Bay hospitals, major retail corridors, and a dense base of service, trade, and light industrial employers are all within easy reach, with Downtown LA a straightforward freeway commute away. This is the kind of pocket that attracts stable, working tenants who need quality housing close to where they work — which is exactly what makes this a property worth holding for the long term.
Location
State CA
County Los Angeles
Area 108 - North Hawthorne
Interior
Cooling Wall/Window Unit(s)
Fireplaces Type None
Laundry Inside
Exterior
Garage Spaces 3.0
Pool None
Community Features Biking, Curbs, Golf, Sidewalks, Storm Drains, Street Lights
View Y/N No
View None
Building
Lot Description 0-1 Unit/Acre
Sewer Public Sewer