4838 W 118th St 8 Unit Apartment Building $2,150,000 ($268,750/Unit) 6.66% Cap Rate Hawthorne, CA 90250

We are 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 3 bedroom/1.5-bathroom unit, two 2-bedroom/2-bathroom units, four 2-bedroom/1-bathroom units, and one 1-bedroom/1-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.