4823 W 118th Place Hawthorne, CA $ 3,595,000
4823 W 118th Place
$ 3,595,000
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4823 W 118th Place

Hawthorne, CA, 90250
$ 3,595,000
Baths1.0 Sq 9,680

Monthly Estimate*

$ 22,135

Listed by Jamison Management Company
4823 W 118th Place, Hawthorne, CA 90250 - Image 1
4823 W 118th Place, Hawthorne, CA 90250 - Image 2
4823 W 118th Place, Hawthorne, CA 90250 - Image 3
4823 W 118th Place, Hawthorne, CA 90250 - Image 4
4823 W 118th Place, Hawthorne, CA 90250 - Image 5
4823 W 118th Place, Hawthorne, CA 90250 - Image 6
4823 W 118th Place, Hawthorne, CA 90250 - Image 7
4823 W 118th Place, Hawthorne, CA 90250 - Image 8
4823 W 118th Place, Hawthorne, CA 90250 - Image 9
Studio

Multi-Family Home for sale in Hawthorne, CA

for $3,595,000 with 1 full bath. This 9,680 square foot home was built in 1987 on a lot size of 0.2828.

4823 and 4827 W 118th Place is a gated 14-unit multifamily asset located in the heart of Hawthorne, one of the South Bay’s most resilient rental markets. Built in 1987, the property totals approximately 9,680 square feet on a 12,319 square foot located west of Inglewood Blvd. The unit mix consists primarily of 1 bedroom/1 bath units with two 2 bedroom/1.5 bath townhome style units. Rents are at-to-near market meaning you don’t have to spend years catching up to where you ought to be. RUBS was implemented as of April 1, 2026 providing reimbursement for a large portion of some utility bills. SB721 balcony repairs have been completed. Situated minutes from LAX, SpaceX, major South Bay employers, SoFi Stadium, the 105 and 405 freeways, and nearby beaches, this asset bene??ts from strong employment drivers and consistent rental demand. This offering presents a stabilized investment opportunity in a supply constrained, coastal adjacent submarket with continued long term growth potential.

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Multi-Family Active

Price

$ 3,595,000

Bedrooms

Studio

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.2828

Year Built

1987

Town/City

Hawthorne

County/Region

Los Angeles

MLS | Web ID

SB26077805

Days on Market

2

Features
General
Sewer Public Sewer
HOA Fee 0
Garage Spaces 0
Pool Features None
Security Features Carbon Monoxide Detector(s) Smoke Detector(s)
Year Built 1987
Tenant Pays Cable TV Electricity Gas Other See Remarks
View None
Stories Count 2
Levels Two
Property Subtype Apartment
Gross Income 304800
Community Features Curbs Sidewalks
Additional Parcels Description 4141012005
County Los Angeles
Net Operating Income 196962
Operating Expense 112038
Insurance Expense 7165
New Construction false
Property Type Residential Income
HOA false
Garage Y/N false
Special Listing Conditions Standard Trust
Status Active
Directions West on 118th Place off Inglewood Blvd.
City Hawthorne
Entry Location Individual doors
Senior Community Y/N false
Open Parking Spaces 2
Number Of Units Total 14
MLS Area 108 - North Hawthorne
Lot Size Units Square Feet
Lot Size Square Feet 12319
Carport Spaces 22
Carport Y/N true
Number of Units Leased 14
Listing Terms Cash Cash to New Loan 1031 Exchange
Spa Features None
Property Attached Y/N true
Land Lease Y/N false
Electric Expense 2705
Fuel Expense 0
Trash Expense 3776
Water Sewer Expense 10459
Additional Parcels Y/N true
Rent Control Y/N true
Building Area Units Square Feet
Standard Status Active
Year Built Source Assessor
Tax Lot 118
Total Actual Rent 25400
Property Sub Type Additional Apartment
Cap Rate 5.48
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Interior
Fireplace Features None
Total Stories 3
Common Walls 2+ Common Walls
Fireplace Y/N false
Laundry Features Common Area
Entry Level 2
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Exterior
Parking Features Controlled Entrance Covered
Lot Features Rectangular Lot
Water Source Public
Total Parking 24
Inclusions Community washer(s) and dryer(s)
Lot Size Area 12319
Number of Buildings 2
Spa false
Building Area Total 9680
Lot Size Acres 0.2828
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 2
Number of Separate Gas Meters 16
Number of Separate Electric Meters 16
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* Excluded Features
List By
Jamison Management Company

Broker

todd.slatcher@gmail.com

Email

Affordability Calculator

$22,135
Per Month
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Monthly Principal & Interest
$22,135
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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/13/2026$3,595,000 Listed Price

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4823 W 118th Place, Hawthorne, CA, 90250 is a Multi-Family Home for sale at $3,595,000 with 9,680 sqft and a lot size of 0.2828. 4823 W 118th Place is a studio with 1.0 baths and was built in 1987. The property's zip code is 90250 which is in Hawthorne, CA