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4029 W 142nd St
Hawthorne, CA 90250
Multifamily Property For Sale · 6 Units

Property Facts

No. Units 6
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.20 AC
Building Size 6,401 SF
No. Stories 2
Year Built 1964
Parking Ratio 0.94/1,000 SF
Zoning HAR3YY

Amenities

Unit Amenities

  • Washer/Dryer Hookup
  • Heating
  • Ceiling Fans
  • Eat-in Kitchen
  • Oven
  • Tub/Shower
  • Window Coverings

About 4029 W 142ND ST , HAWTHORNE, CA 90250

Call for Offers: Due Monday 2/11/2019. CBRE is proud to present the 142nd Street Apartments. This six-unit property, constructed in 1964, has a diverse unit mix consisting of two, three-bedroom/two bath units, two, two-bedroom/two-bath units, one, two-bedroom/one-bath unit, and one, one-bedroom/one-bath unit. The front three-bedroom unit contains approximately 1,645 square feet, features a den, a fireplace in the main room, and forced-air heating. The remaining five units have gas wall heaters. All the units have washer and dryer hookups. (No common area laundry room) Parking consists of a two-car garage and six carport spaces for a total of eight parking spaces. Utilities are separately metered for gas and electric and water/sewer is master metered. The property features a hip/composition shake roof with rain gutters. The property was under long-term ownership and rents are approximately 10%+ under market level. In summary, the high demand for rental housing, continuing economic growth in the South Bay, and high cost of home ownership all support strong investment fundamentals and future rent growth for the 142nd Street Apartments.

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
3+2 2 $2,048 1,242 - 1,645
2+2 2 $1,825 905 - 1,088
2+1 1 $1,795 864
1+1 1 $950.00 656

Property Taxes

Property Taxes

Parcel Number
4077-001-025
Land Assessment
$669,309
Improvements Assessment
$1,232,646
Total Assessment
$1,901,955
  • Listing ID: 15007288

  • Date on Market: 1/28/2019

  • Last Updated:

  • Address: 4029 W 142nd St, Hawthorne, CA 90250

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