Multifamily with Garage
For Sale
$1,750,000
4209 W 139th, Hawthorne, CA 90250
Well-maintained 7-unit multifamily on a 17,394 sq ft lot with ample garage parking and individually metered utilities.
Property Size4,992 SF
Lot Size0.40 Acres
Days on Market91
Property Features for 4209 W 139th
General Information
Standard status
Active
Size
4,992 SF
Lot size
0.40 Acres
Property subtype
Apartment
Site & Location
Highway Access
Yes
Utilities to Site
Yes
Additional Details
Multifamily Units
7
Amenities
onsite laundry room
some units have in-unit washer/dryer
individually metered utilities
copper plumbing
Building Details
Building Size
4,992 SF
Year Built
1921
Tenancy
Multi
Listing Agency:
Re/Max Commercial & Investment
Listed By:
Brian Estes · License #01394559
Source:
Truthrealty
Added: Jun 8
Changed: Sep 4
Last Checked: Sep 5 at 6:31AM
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 Re/Max Commercial & Investment
Investment Insights
Based on property information with market context.
4205–4209 West 139th Street is a well-maintained multifamily property with 7 fully legal, permitted units. The home was originally built in 1921 as a 2BR/1BA residence and later converted to a duplex in 1947 and expanded to four additional units in 1951. Units feature individually metered utilities, an onsite laundry room, and some units include in-unit washer/dryer. The property is reported to have all copper plumbing and is in excellent condition.
The site sits on an extra-large 17,394 sq ft lot and includes ample garage parking, which may support ADU options for a new owner to investigate. Improvements noted in the remarks include newer roofs, windows, water heaters, and additional updates. The property is described as having easy access to 405 and surrounding areas.
With a 7-unit configuration and updates throughout, this is a residential income opportunity presented for the first time in over 30 years.
The site sits on an extra-large 17,394 sq ft lot and includes ample garage parking, which may support ADU options for a new owner to investigate. Improvements noted in the remarks include newer roofs, windows, water heaters, and additional updates. The property is described as having easy access to 405 and surrounding areas.
With a 7-unit configuration and updates throughout, this is a residential income opportunity presented for the first time in over 30 years.
Key Highlights
- 7‑unit multifamily at 4205‑4209 W 139th St on a 17,394 sq ft lot with garage parking
- Originally built as a 2BR/1BA home (1921); converted to a duplex (1947) and added 4 units (1951)
- All units are fully legal and permitted, with individually metered utilities and onsite laundry
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
$80,325
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
4.59%
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%
$1,606,500
$1.6M
Cap Rate 7%
$1,147,500
$1.1M
Cap Rate 9%
$892,500
$892.5K
Market Conditions
NOI Build-Up for 4,992 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
$158.7K $31.80/SF
− Vacancy
−$12.7K −$2.54/SF
EGI
$146.0K $29.26/SF
− OpEx
−$65.7K −$13.17/SF
NOI
$80.3K $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 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%
$1,606,500
Cap Rate 7%
$1,147,500
Cap Rate 9%
$892,500
Alternative Uses
Best Use
Apartment 5plus
$1.15M
$1.00M – $1.34M
NOI $80,325 @ 7.0% cap · market cap 4.59%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.67M
$2.34M – $3.12M
NOI $187,089 @ 7.0% cap · market cap 10.69%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
7
Residential units
Multi-tenant
Tenancy
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,658
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
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Apartment building - Well-maintained 7-unit multifamily on a 17,394 sq ft lot with ample garage parking and individually metered utilities.
Where is this apartment building located?
The property is located at 4209 W 139th Hawthorne, CA.
What is the asking price?
The asking price for this property is $1,750,000.
What are key features of this property?
This property features: 7‑unit multifamily at 4205‑4209 W 139th St on a 17,394 sq ft lot with garage parking; Originally built as a 2BR/1BA home (1921); converted to a duplex (1947) and added 4 units (1951); All units are fully legal and permitted, with individually metered utilities and onsite laundry
