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14-Unit Apartment Building
For Sale
$3,100,000

4047 W 136th St, Hawthorne, CA 90250

Gated multifamily property with on-site laundry and secured covered parking.

Property Size9,652 SF
Days on Market51

Property Features for 4047 W 136th St

General Information

Standard status Active
Size 9,652 SF
Property subtype Multifamily
Occupancy 100%

Amenities

Newer Construction — Built in 1972 Compared to City's Older Buildings
Upside — Through Increases Rents To Market and Billing Back Utilities
Strong CurbAppeal — Charming Building That Commands Top Rents
The Deal Makes Sense — Attractive Current Income and Pricing Metrics
15 Secured Parking Spots — Covered Parking With Security Gate Access

Building Details

Building Size 9,652 SF
Units 14
Listed By: Jon Weir · License #License(s): CA: 02038545
Source: Marcusmillichap
Added: Aug 28 Changed: Oct 13 Last Checked: Oct 16 at 5:47AM

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 Jon Weir

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Investment Insights

Based on property information with market context.

This 14-unit apartment property was built in 1972 and includes 11 one-bedroom, one-bathroom apartments along with three non-conforming one-bedroom, one-bathroom units. The property also provides 15 secured covered parking spaces, gated entry, and on-site laundry. Gas and electricity are separately metered, and the building has partial copper plumbing.

The property is in Hawthorne, California, with access to the 405, 105, and 110 freeways, LAX, nearby SoFi Stadium, and major employment centers. Additional operating considerations identified for the asset include future rent adjustments toward market levels and utility bill-backs.

Key Highlights

  • 14 units built in 1972
  • Unit mix includes 11 one‑bedroom/one‑bathroom units and three non‑conforming one‑bedroom/one‑bathroom units
  • 15 secured covered parking spaces

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$155,308
Cap Rate
5.01%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,106,160 $3.1M
Cap Rate 7%
$2,218,686 $2.2M
Cap Rate 9%
$1,725,644 $1.7M
Market Conditions
NOI Build-Up for 9,652 SF
Gross rent
$306.9K $31.80/SF
− Vacancy
−$24.6K −$2.54/SF
EGI
$282.4K $29.26/SF
− OpEx
−$127.1K −$13.17/SF
NOI
$155.3K $16.09/SF
Area
Los Angeles County, CA
Vacancy
8.00%
Lease Rate
$31.80 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,106,160
Cap Rate 7%
$2,218,686
Cap Rate 9%
$1,725,644

Alternative Uses

Best Use
Apartment 5plus
$2.22M
$1.94M – $2.59M (±1% cap)
NOI $155,308 @ 7.0% cap · market cap 5.01%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$5.17M
$4.52M – $6.03M (±1% cap)
NOI $361,735 @ 7.0% cap · market cap 11.67%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Skin Care Clinic Acupuncture (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

1,887
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Gated multifamily property with on-site laundry and secured covered parking.
Where is this apartment building located?
The property is located at 4047 W 136th St Hawthorne, CA.
What is the asking price?
The asking price for this property is $3,100,000.
What are key features of this property?
This property features: 14 units built in 1972; Unit mix includes 11 one‑bedroom/one‑bathroom units and three non‑conforming one‑bedroom/one‑bathroom units; 15 secured covered parking spaces
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