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4457 W 120th St

5 Unit Apartment Building $815,000 ($163,000/Unit) Hawthorne, CA 90250

Investment Highlights

  • Two Detached Structures | SFR in Front + Fourplex in Back
  • Potential to Build ADU(s)
  • Ideal for Developers, Builders, Investors or an Owner/User
  • Heavy Fixer | Huge Development Potential

Executive Summary

Investors, Builders, and Developers - Major Hawthorne Fixer!
4457 W 120th St comprises two structures totaling 3,531 SF on a combined 10,200 SF lot (Zoned HAR3YY), providing potential for multifamily redevelopment/rehab/ADU’s. The two structures consist of a 1,483 SF detached SFR in the front, with 3 beds + 1 bath, built in 1923, and a rear structure built in 1958 that serves as a fourplex. The fourplex consists of (4) 1 bed/1 bath units, totaling 2,048 SF. The lot size and zoning presents an excellent value-add opportunity for developers, investors, or builders aiming to rehabilitate or redevelop. Strategically positioned within a desirable section of Hawthorne, offering convenient access to the 105 and 405 freeways and close proximity to LAX.
The Property has extensive fire damage and is currently boarded up. Do Not Walk On Property. See attached documents for list of current code violations. Property being sold AS IS. Two APNS included in sale: 4044-018-040 / 4044-018-041.
Contact listing agents for information and instructions regarding building code violations and offer submission. Submit offers to David@swgrp.com & Megan@swgrp.com. DO NOT WALK ON PROPERTY. DRIVE BY ONLY. Listing Agents do not know condition of interior and make no representations. The property is to be sold "AS IS" "WHERE IS" condition with all faults known and unknown with absolutely no representations or warranties expressed or implied. Buyer to verify with appropriate entities and satisfy self. Buyer to verify all info, including, without limitation, permits & uses, bed/bath counts, SQFT, and accuracy of all info provided. Property is subject to court confirmation & possible overbid.
Contact listing agents for information and instructions regarding building code violations and offer submission. Submit offers to David@swgrp.com & Megan@swgrp.com. DO NOT WALK ON PROPERTY. DRIVE BY ONLY. Listing Agents do not know condition of interior and make no representations. The property is to be sold "AS IS" "WHERE IS" condition with all faults known and unknown with absolutely no representations or warranties expressed or implied. Buyer to verify with appropriate entities and satisfy self. Buyer to verify all info, including, without limitation, permits & uses, bed/bath counts, SQFT, schools & their enrollment availability, and accuracy of all info provided. Property is subject to court confirmation & possible overbid. Two APNs included in sale: 4044-018-040 and 4044-018-041.

Property Facts

Price $815,000
Price Per Unit $163,000
Sale Type Investment
No. Units 5
Property Type Multifamily
Property Subtype
Apartment
  • Multifamily Dormitory
Apartment Style Low Rise
Building Class C
Lot Size 0.24 AC
Building Size 3,531 SF
No. Stories 2
Year Built 1923
Parking Ratio 1.98/1,000 SF

Unit Amenities

  • Air Conditioning
  • Kitchen
  • Oven
  • Range
  • Tub/Shower

Site Amenities

  • 24 Hour Access
  • Controlled Access
  • Fenced Lot
  • Gated
  • Walk-Up

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 4 - 500 - 550
3+1 1 - 1,483
Walk Score ®
Very Walkable (81)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
4044-018-041
Land Assessment
$676,260
Improvements Assessment
$156,060
Total Assessment
$832,320

zoning

Zoning Code HAR3YY
HAR3YY
  • Listing ID: 33847872

  • Date on Market: 11/12/2024

  • Last Updated:

  • Address: 4457 W 120th St, Hawthorne, CA 90250

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