Description

On behalf of the ownership, we are pleased to exclusively offer a 7-unit, 7,153 square foot multifamily property located at 4834 W 118th Place, Hawthorne, CA 90250. This offering represents a compelling opportunity to acquire a well-maintained apartment community with strong organic rent growth potential. The community offers a balanced unit mix across one-, two-, and three-bedroom floor plans, catering to young professionals, families and downsizers alike. At the front is an owner-occupancy style unit with private laundry hookups right off of the kitchen. At the rear is a townhouse style unit. Residents enjoy the common area laundry room, 7 covered carport parking spots, 2 private garages, and the convenience of the property's location. Residents benefit from convenient proximity to the 405 & 105 freeways, Los Angeles International Airport, the South Bay Beach Cities, entertainment venues in the neighboring city of Inglewood, and a wide array of neighborhood services and restaurants that define the area's live-work-play appeal. With its desirable location, strong occupancy, and meaningful upside potential, this property is a compelling investment for groups targeting multifamily assets with both current yield and value creation opportunities.