Property details
Propery Type:
Apartments
Address:
4838 W 118th St Hawthorne, CA 90250
Offering Price:
$2,150,000
Units:
8
Cap Rate:
6.66%
Listed By
Jonathan Weir
Senior Managing Director Investments
(424) 405-3900
Contact Us
Investment Highlights

The Weir Group 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 threebedroom/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.

Location
Gallery
No items found.
Listed By
Jonathan Weir
Senior Managing Director Investments
(424) 405-3900
Contact Us

4838 W 118th St

Hawthorne, CA
90250
Click to Download
Marketing Package