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Spacious Four-Unit Multifamily Property
For Sale
$1,649,000

3702 W 126th, Hawthorne, CA 90250

Well-maintained four-unit property with strong rental income potential.

Property Size4,800 SF
Price / SF$343.54
Days on Market99

Property Features for 3702 W 126th

General Information

Standard status Active
Size 4,800 SF
Property subtype Investment

Building Details

Year Built 1989
Listing Agency: MERIT REAL ESTATE
Listed By: Steven Thorn · License #02002405
Source: Elliman
Added: Apr 24 Changed: Jul 10 Last Checked: Jul 31 at 9:22AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of MERIT REAL ESTATE

Investment Insights

Based on property information with market context.

This four-unit property offers approximately 4,800 square feet of living space. The unit mix includes a large 3-bedroom, 2.5-bath townhouse-style unit, which features an attached two-car garage and private in-unit laundry. The other three units are 2-bedroom, 2-bathroom residences; one of these has been newly remodeled. A community laundry room, equipped with a new coin-operated washer and dryer, is available for the 2-bedroom units. The property includes six gated and covered parking spaces. The location provides convenient access to LAX, major entertainment venues, and key employment hubs. Proximity to the 405 and 105 freeways facilitates commuting throughout Los Angeles. The property presents an opportunity to acquire a large multi-unit property with current income and long-term rental upside in a highly accessible location.

Key Highlights

  • Strong rental income with potential for future increases.
  • Excellent location with easy access to LAX, entertainment, employment, and freeways (405 and 105).
  • Spacious 4‑unit property totaling approximately 4,800 square feet.

Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $129.6k $27.00
− Vacancy −$9.8k −$2.05
EGI $119.8k $24.95
− OpEx −$35.9k −$7.48
NOI $83.8k $17.46
4,800 SF · lease $27.00/SF/yr · vacancy 7.60% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$1.20M
$1.05M – $1.40M (±1% cap)
NOI $83,825 @ 7.0% cap · market cap 5.08%
Second Best
Apartment 5plus
$1.10M
$965.5K – $1.29M (±1% cap)
NOI $77,236 @ 7.0% cap · market cap 4.68%
Theoretical Best
Office A
$2.57M
$2.25M – $3.00M (±1% cap)
NOI $179,893 @ 7.0% cap · market cap 10.91%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Skin Care Clinic Spa & Massage Center (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,612
Businesses Nearby

Demographics for 90250, CA

97,653
Population
34,105
Households
2.9
Avg Household Size
35
Median Age
26%
College-Educated
79%
High-School Grad
6.8 sq mi
ZIP Area
14,361
Density / Sq Mi
$74,923
Median Household Income
$40,288
Median Earnings
$1,723
Median Rent
$827,600
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Well-maintained four-unit property with strong rental income potential.
Where is this quadplex located?
The property is located at 3702 W 126th Hawthorne, CA.
What is the asking price?
The asking price for this property is $1,649,000.
What are key features of this property?
This property features: Strong rental income with potential for future increases.; Excellent location with easy access to LAX, entertainment, employment, and freeways (405 and 105).; Spacious 4‑unit property totaling approximately 4,800 square feet.
More about this property
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