
Hawthorne, California 90250
This property presents a High-Potential Investment Opportunity with a List Price of $1,049,000—positioned well below the $1,052,453 Fair Market Value by 0.33%. This valuation gap offers $3,453 in Instant Equity. Featuring a Condition Rating of 4, the property includes a 2-unit legal duplex plus a non-conforming garage conversion with a private covered patio. With long-term tenants in place, this is a stable Buy-and-Hold Investor asset or a strategic choice for Owner-Occupants seeking to offset mortgage costs through rental income.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4853 W 116th Subject | $1,049,000* List Price | 7 | 3 | 2,124 | $496 | - |
A 11533 Truro Active | $1,099,000 List Price | 0 | 0 | 2,025 | $543 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1942 and under the same ownership for 28 years, the property is functional and fully occupied but likely features dated interiors and systems. While the garage conversion is a newer addition, the primary units likely require cosmetic and system updates to meet modern standards, fitting the criteria for a property over 20 years old without recent major renovations.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 7, other record bedroom count = 5.
First time on the market in 28 years, this is a rare opportunity for an owner occupant to live in one unit while the others pay your mortgage. The property features two legal units — a 2 bed/1 bath front unit and a 3 bed/1 bath back unit — plus a non conforming 2 bed/1 bath garage conversion in the rear that has been fully built out with a complete kitchen, in unit laundry, and its own private covered patio. Whether you move into the spacious 3 bedroom back unit and collect rent from the front and rear, or configure the setup to fit your household's needs, the income from the other units will go a long way toward offsetting your carrying costs. Long term tenants are already in place, so day one cash flow is built in. Five surface parking spaces, three along the side driveway and two marked spaces in front, keep things practical for everyone on site. The marketed square footage reflects the two legal units only and does not include the non conforming rear unit — buyer and agents to confirm all details. The location does the heavy lifting on tenant demand. LAX, the Inglewood stadiums, South Bay hospitals, major retail corridors, and a dense base of service, trade, and light industrial employers are all within easy reach, with Downtown LA a straightforward freeway commute away. This is the kind of pocket that attracts stable, working tenants who need quality housing close to where they work — which is exactly what makes this a property worth holding for the long term.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades K-5 • 0.5 mi
Grades K-5 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 7.0 | 10.0 |
| Baths | 3.0 | 7.0 |
| Square foot | 2,124 | 4,164 |
| Lot Size | 5,601 | 5,604 |
| Price | $1.05M | $1.17M |
| Price per sq ft | $494 | $789 |
| Built year | 1942 | 1989 |
| HOA | $0 | $0 |
| Days on market | 39 | 115 |
Jun 13, 2026
$1,049,000
Initial Listing
Dec 23, 1998
$172,000
Public Record