$3,595,000
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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Listed by Todd Slatcher with Jamison Management Company (310) 798-9154
Property Type
Apartment
Status
Active
MLS Number
SB26077805
Year Built
1987
Lot Size
0.28 acres