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$7,640,000
SB26196571 MLS Active Status
Offered at $7,640,000, this 28-unit, non-rent-controlled South Bay multifamily property delivers strong day-one cash flow at a 6.5% current cap rate, with significant upside through a proposed 15-unit ADU expansion. Built in 1974 and renovated in 2024, the property contains approximately 18,310 SF on a substantial 19,196 SF lot and offers a diverse unit mix of 24 one-bedroom units and four two-bedroom units, along with 33 on-site parking spaces. The defining investment opportunity is the potential to add 15 ADUs—7 attached and 8 detached—increasing the unit count by more than 50%, from 28 units to 43 units, without acquiring additional land. Upon completion of the proposed ADU program and after accounting for estimated construction costs, the property is projected to achieve an approximately 9% cap rate and 7.6 GRM, with an all-in basis of approximately $200,000 per unit based on the expanded 43-unit count. This creates an opportunity to acquire a stabilized multifamily asset with strong existing income while adding substantial density at a basis that would be difficult to replicate through either a conventional acquisition or ground-up development. The property is not subject to local rent control and is generally governed by California’s statewide AB 1482 rent cap, currently allowing annual rent increases of up to 8.7% in the Los Angeles area, providing a clear path for below-market rents to move toward market over time. The property is strategically located within Hawthorne’s major employment and entertainment corridor, near several of Southern California’s most prominent aerospace, technology, sports, and entertainment destinations, including SpaceX, Tesla, Intuit Dome, SoFi Stadium, YouTube Theater, and Kia Forum. 14110 Yukon offers investors the combination of strong in-place cash flow, an approximately 6.5% going-in cap rate, and a clearly defined path to 43 units and an approximately 9% stabilized cap rate.

14110 Yukon, Hawthorne

$1,750,000
SB26124481 MLS Active Under Contract Status
4205-4209 West 139th Street consists of 7 very well maintained units situated on an extra large 17,394 sq ft lot. The property was originally a 2BR/1BA single family residence built in 1921 before being improved with a duplex in 1947 and (4) units in 1951. All units are fully legal and permitted and the property is in excellent condition. First time on the market in over 30 years! There is ample garage parking which offers excellent ADU options for a new owner to investigate. Individually metered for utilities. Onsite laundry room plus some units have their own w/d. All copper plumbing. Newer roofs, windows, water heaters and more! Huge upside in current rents. No local rent control, property only subject to AB1482. Excellent location with easy access to 405 and surrounding areas.

4209 W 139th, Hawthorne

$1,895,000
PW26118308 MLS Active Status
This 7-unit multifamily property located in Hawthorne presents a compelling value-add investment opportunity in a supply-constrained South Bay rental market. Built in 1962 and encompassing 6,314 square feet of rentable space on an 8,741 square foot lot, the asset features a well-balanced unit mix of (2) one-bedroom/one-bath units, (4) twobedroom/one-bath units, and (1) three-bedroom/two-bath unit. The property benefits from 7 covered carport parking spaces and an on-site laundry facility that generates additional income. Significant infrastructure improvements have already been completed, including updated copper plumbing, newer sewer line, and upgraded electrical panels, reducing near-term capital exposure and providing a strong foundation for future renovation efforts. With approximately 44% rental upside, the asset offers investors the ability to enhance cash flow through interior upgrades and strategic lease repositioning. This is an attractive opportunity to acquire a well-located multifamily asset with existing operational stability and substantial upside potential through value-add execution.

11966 Oxford Avenue, Hawthorne

$1,850,000
SB26117270 MLS Active Status
Excellent opportunity to acquire a 7-unit residential investment property in Hawthorne featuring a desirable unit mix of six (6) one-bedroom units and one (1) spacious four-bedroom unit located at the rear of the property. The property has benefited from various upgrades and improvements over the years while still offering potential for a new owner to further enhance and add value. Most recently, Unit D was remodeled with new flooring, fresh paint, new cabinetry with stone countertops, and new windows. The property generates approximately $12,745 per month in gross rental income when fully occupied and includes an on-site laundry room with owner-owned laundry equipment, providing an additional income and tenant amenity. Parking is a valuable feature, with a total of 12 on-site spaces consisting of six covered carport spaces and six uncovered tandem spaces for residents. Conveniently located near major transportation corridors, employment centers, shopping, dining, and other local amenities, this property presents an attractive opportunity for investors seeking current income with future upside potential. Investors may also wish to explore the possibility of future ADU development or other value-add opportunities, subject to their own investigation and verification.

11426 Gale, Hawthorne

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.