$1,049,000
Welcome to 13315 Eriel Ave. and 3121 W. 134th St. in Hawthorne a rare opportunity to own two separate homes on one lot in the heart of the South Bay's fast-growing tech corridor. Unlike traditional duplex properties, these homes share no common walls, offering privacy, independent living spaces, and the flexibility today's buyers and investors are looking for. Each unit features 2 bedrooms and 1 bathroom with remodeled interiors, comfortable layouts, and abundant natural light. Both homes include front and backyard areas, creating private outdoor spaces perfect for relaxing, entertaining, or gardening. Front unit (134th) is fully remodeled corner unit with top-of-the-line finishes. Designer kitchen features a waterfall island, Italian cabinetry, marble backsplash, under-cabinet lighting, and high-end Samsung appliances, plus seamless indoor/outdoor flow to a private backyard. Upgrades include a new HVAC with Nest, ADT alarm and doorbell camera, privacy fencing, and a new electrical panel. Each unit also includes its own one-car garage, adding convenience and additional storage. This property offers the ideal "live in one, rent the other" opportunity, making it attractive for homeowners seeking rental income as well as investors looking for strong fundamentals. Both homes are delivered completely vacant! Investment highlights include: Gross Scheduled Income: $77,232. Net Operating Income: $53,779. GRM: 13.58. Cap Rate: 5.13% Location is another major advantage. The property sits minutes from SpaceX, Ring headquarters, and Archer Aviation at Hawthorne Airport, placing it near one of the region's most dynamic employment hubs. Easy access to the 105/405 Freeways, and Crenshaw Blvd./El Segundo Blvd. connects residents to LAX, Downtown Los Angeles, and the South Bay beaches. The surrounding neighborhood continues to grow with new restaurants, breweries, and creative businesses. Local favorites like Common Space Brewery, Eureka!, Far Field Beer Company, and new coffee shops and galleries are just a short drive away. Investments offering two detached homes on a lot in Hawthorne rarely come to marketespecially vacant and move-in ready. Whether you're searching for an income property in Los Angeles, a house hack opportunity, or a South Bay investment near SpaceX, this property delivers flexibility, location, and long-term upside. Open House Saturday & Sunday 1-4 PM.
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Listed by Andrew Watkins with Watkins Real Estate Group (310) 383-6239
Property Type
Residential Income
Status
Active
MLS Number
26659347
Year Built
1940
Lot Size
5,554 sq ft