Two-Residence Duplex
For Sale
$999,999
Pending
4030 W 138th, Hawthorne, CA 90250
Two separate residences offer flexible occupancy and rental-use potential on a spacious residential lot.
Property Size2,421 SF
Lot Size0.20 Acres
Days on Market87
Property Features for 4030 W 138th
General Information
Standard status
Pending
Size
2,421 SF
Lot size
0.20 Acres
Property subtype
Duplex
Building Details
Building Size
2,421 SF
Year Built
1944
Buildings
2
Tenancy
Multi
Listing Agency:
Vista Sotheby's International Realty 310-803-0441 Overview Additional information MLS R ID SB26132693 Interior features Fireplace Yes Exterior features Lot Size 0.2 Acres Other property details Maintenance Expense $400 Garage Yes 55+/Senior Community No Truth Realty | CA DRE# 01861105 Request a tour Contact agent Request a tour Contact agent Listed by Lacey Jandra CA DRE# 02245568 with Vista Sotheby's International Realty 310-803-0441
Listed By:
Lacey Jandra CA DRE# 02245568 · License #02245568
(310) 541-8271
Source:
Truthrealty
Added: Jun 24
Changed: Sep 4
Last Checked: Sep 18 at 11:19AM
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 Vista Sotheby's International Realty 310-803-0441 Overview Additional information MLS R ID SB26132693 Interior features Fireplace Yes Exterior features Lot Size 0.2 Acres Other property details Maintenance Expense $400 Garage Yes 55+/Senior Community No Truth Realty | CA DRE# 01861105 Request a tour Contact agent Request a tour Contact agent Listed by Lacey Jandra CA DRE# 02245568 with Vista Sotheby's International Realty 310-803-0441
Investment Insights
Based on property information with market context.
This duplex property includes two separate residences on an approximately 8,700-square-foot lot. The front home has 3 bedrooms and 1 bathroom, while the rear home includes 3 bedrooms and 2 bathrooms. The existing multi-unit configuration provides separate living spaces within one property, with the structures dating to 1944.
Located in Hawthorne near major employment centers, transportation corridors, shopping, dining, and South Bay amenities. The property is presented as a renovation, modernization, or redevelopment opportunity, with any additional units, ADUs, or other residential development subject to City approval and applicable zoning requirements.
Located in Hawthorne near major employment centers, transportation corridors, shopping, dining, and South Bay amenities. The property is presented as a renovation, modernization, or redevelopment opportunity, with any additional units, ADUs, or other residential development subject to City approval and applicable zoning requirements.
Key Highlights
- Two separate residences on an approximately 8,700‑square‑foot lot
- Front residence includes 3 bedrooms and 1 bathroom
- Rear residence includes 3 bedrooms and 2 bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$42,279
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.23%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$845,580
$845.6K
Cap Rate 7%
$603,986
$604.0K
Cap Rate 9%
$469,767
$469.8K
Market Conditions
NOI Build-Up for 2,421 SF
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.
Gross rent
$65.4K $27.00/SF
− Vacancy
−$5.0K −$2.05/SF
EGI
$60.4K $24.95/SF
− OpEx
−$18.1K −$7.48/SF
NOI
$42.3K $17.46/SF
Area
Los Angeles County, CA
Vacancy
7.60%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$845,580
Cap Rate 7%
$603,986
Cap Rate 9%
$469,767
Alternative Uses
Best Use
Multifamily LT 5
$604.0K
$528.5K – $704.7K
NOI $42,279 @ 7.0% cap · market cap 4.23%
Second Best
Apartment 5plus
$556.5K
$487.0K – $649.3K
NOI $38,956 @ 7.0% cap · market cap 3.90%
Theoretical Best
Office A
$1.30M
$1.13M – $1.51M
NOI $90,734 @ 7.0% cap · market cap 9.07%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,723
Businesses Nearby
Explore this area
Business Placement
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two separate residences offer flexible occupancy and rental-use potential on a spacious residential lot.
Where is this duplex located?
The property is located at 4030 W 138th Hawthorne, CA.
What is the asking price?
The asking price for this property is $999,999.
What are key features of this property?
This property features: Two separate residences on an approximately 8,700‑square‑foot lot; Front residence includes 3 bedrooms and 1 bathroom; Rear residence includes 3 bedrooms and 2 bathrooms
