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4055 W 129th St
Hawthorne, CA 90250
The Crest · Multifamily Property For Sale
·
25 Units
Investment Highlights
- Strong Sales Metrics: 6.46% cap rate, 9.47 GRM, $211,800 per unit
- RUBS Potential: Master-metered building with potential to implement a Ratio Utility Billing System (RUBS) to recapture utility costs
- Recent Improvements: Major drain line replacement (2022), supply line replacements, newer Siemens sub-panels, SB 721 balcony inspection/repairs (2025)
- Amenities: Landlord-owned laundry machines, central courtyard with a pool, gated parking for 29 vehicles, secured entry, security camera system
- No Local Rent Control: Subject to statewide rent control under AB 1482, all eligible units received rent increases (5% + CPI) in October 2025
- Central Location: West of Prairie Avenue, near Hawthorne Middle School, Washington Elementary, SpaceX, Hawthorne Airport, and major freeway access
Property Facts
| No. Units | 25 | Building Size | 13,903 SF |
| Property Type | Multifamily | Average Occupancy | 96% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1966 |
| Building Class | C | Parking Ratio | 2.09/1,000 SF |
| Lot Size | 0.40 AC | ||
| Zoning | HAR3YY - restricted Density Multiple Dwelling | ||
| No. Units | 25 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.40 AC |
| Building Size | 13,903 SF |
| Average Occupancy | 96% |
| No. Stories | 2 |
| Year Built | 1966 |
| Parking Ratio | 2.09/1,000 SF |
| Zoning | HAR3YY - restricted Density Multiple Dwelling |
Amenities
Unit Amenities
- Heating
- Oven
- Range
Site Amenities
- Laundry Facilities
- Pool
- Gated
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 3 | $1,503 | 450 |
| 1+1 | 20 | $1,848 | 550 |
| 2+1 | 1 | $2,495 | 775 |
| 2+2 | 1 | $2,345 | 775 |
Property Taxes
| Parcel Number | 4045-023-034 | Improvements Assessment | $2,101,608 |
| Land Assessment | $3,940,515 | Total Assessment | $6,042,123 |
Property Taxes
Parcel Number
4045-023-034
Land Assessment
$3,940,515
Improvements Assessment
$2,101,608
Total Assessment
$6,042,123
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