2403 W 116th, Hawthorne, California 90250, Hawthorne, 90250 - 3 bed, 2 bath
2403 W 116th
Hawthorne, California 90250
Property Price
SUMMARY
Analysis of 2403 W 116th, Hawthorne, California 90250 reveals a property with a current list price of $770,000, which is 21% above the estimated $633,229 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Hawthorne Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2403 W 116th Subject | $770,000* List Price | 3 | 2 | 1,192 | $531 | - |
A 11707 Atkinson Avenue Sold | $690,000 | 3 | 2 | 1,192 | $579 | 0.3 mi |
B 2423 W 118th Street Sold | $800,000 | 3 | 2 | 1,608 | $498 | 0.1 mi |
C 2425 W 116th Street Sold | $815,000 | 3 | 2 | 1,552 | $525 | 0.0 mi |
D 11804 Atkinson Avenue Sold | $695,000 | 3 | 2 | 1,492 | $466 | 0.3 mi |
E 2308 W 117th Street Active Under Contract | $729,500 List Price | 3 | 2 | 1,192 | $612 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is extensive renovation needed.
Built in 1954, this property features a highly dated kitchen with yellow tiled countertops, older wood cabinets, and an outdated light fixture. The bathrooms also exhibit very old tile work and fixtures, consistent with styles from 30-50+ years ago. Interior spaces include worn carpets and extensive wood paneling, indicating a lack of significant modern renovations. While functional, the property requires substantial rehabilitation and updates to its kitchen, bathrooms, flooring, and potentially major systems to meet contemporary living standards.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
High School: Middle College High School (9/10).
- Classic Architectural Charm
The home boasts 'classic charm and enduring appeal' with 'thoughtful details' and 'solid craftsmanship' from its 1954 build, offering a unique character often sought after.
- Functional and Spacious Layout
Features 'spacious living areas' and 'well-proportioned bedrooms' with a 'comfortable layout,' providing ample room for daily living and entertaining.
CONSRISKS & DEFICIENCIES
- Potential for System Updates
As a 1954 build, despite 'practical updates,' the property may require future investment in modernizing major systems (e.g., HVAC, electrical, plumbing) to meet contemporary standards and efficiency.
- Mixed High School Ratings in Area
The local high school options present a mixed bag, with some having lower ratings (e.g., George Washington Prep and Morningside High School both rated 2), which could be a concern for families with school-aged children.
- Limited View Appeal
The property offers only a 'Neighborhood' view, lacking the premium panoramic vistas (e.g., ocean, city lights) that can significantly enhance property value and desirability in the Southern California market.
About 2403 W 116th
Welcome to this inviting 3-bedroom, 2-bath traditional home, full of classic charm and enduring appeal. From the moment you arrive, you’ll appreciate the character that only an older home can offer—thoughtful details, a comfortable layout, and a welcoming atmosphere throughout. The spacious living areas provide the perfect setting for both everyday living and entertaining, while the well-proportioned bedrooms offer flexibility for family, guests, or a home office. Two full bathrooms add convenience, and the home’s original features blend seamlessly with practical updates, creating a warm and livable space. Outside, enjoy a yard with plenty of room to relax, garden, or personalize to your taste. This home is ideal for buyers who appreciate traditional style, solid craftsmanship, and the opportunity to make a space their own. A wonderful place to call home, full of history, heart, and potential.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1954
- Lot Size
- 5,443 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Hawthorne Unified Schools
Cimarron Avenue Elementary School
Grades K-5 • 0.3 mi
Bennett/Kew Elementary School
Grades K-5 • 0.8 mi
Purche Avenue Elementary School
Grades K-5 • 1.1 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,192 | 1,350 | 29% |
| Lot Size | 5,443 | 5,457 | 49% |
| Price | $770.0K | $850.0K | 23% |
| Price per sq ft | $646 | $679 | 45% |
| Built year | 1954 | 1951 | 66% |
| HOA | $0 | $0 | 50% |
| Days on market | 43 | 178 | 1% |
Pricing History
Listed for Sale
Mar 2, 2026
$770,000
$780,000
-1% Price Drop
Initial Listing
Price Change
Jan 22, 2026
$780,000
Initial Listing
Sold
Oct 8, 1971
$29,000
Public Record
Sold
May 4, 1971
$27,000
Public Record