$3,395,000
-$200,0004823 W 118th Place, Hawthorne CA 90250
Multi-Family (14 Units)
Property type
64 days
On market
$351
Price per sqft
0 cars
Garage
1987
Year built
12,319 sqft
Lot size
Open Houses
Overview
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...
Listing provided by: Todd Slatcher DRE #01456645 310-897-0224, Jamison Management Company, Christie Slatcher DRE #01773506 310-798-9154, Jamison Management Company
Listing updated: Jun 12, 2026 at 10:43pm.
Last checked: Jun 12, 2026 at 11:00pm
Source: CRMLS #SB26077805
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 2 | 2 | — | $2,235 | $2,235 | $2,450 | Unfurnished |
| 1 | 2 | 2 | — | $2,195 | $2,195 | $2,450 | Unfurnished |
| 1 | 1 | 1 | — | $1,795 | $1,795 | $1,795 | Unfurnished |
| 6 | 1 | 1 | — | $1,760 | $10,560 | $1,795 | Unfurnished |
| 1 | 1 | 1 | — | $1,735 | $1,735 | $1,795 | Unfurnished |
| 2 | 1 | 1 | — | $1,730 | $3,460 | $1,795 | Unfurnished |
| 1 | 1 | 1 | — | $1,725 | $1,725 | $1,795 | Unfurnished |
| 1 | 1 | 1 | — | $1,695 | $1,695 | $1,795 | Unfurnished |
# of Buildings: 2
# of Units Total: 14
Separate Electric Meters: 16
Separate Gas Meters: 16
Separate Water Meters: 2
Rent Control: Yes
Units Leased: 14
Total Actual Rent: $25,400
Tenant Pays: Cable Tv, Electricity, Gas, Other
Financial Snapshot
Gross Rent Multiplier
11.1x
List Price / Annual Gross Rent
Cap Rate
5.48%
NOI / List Price
Gross Scheduled Income: $304,800
Operating Expense: $112,038
Net Operating Income: $196,962
Annual Operating Expenses
Electric: $2,705
Fuel: $0
Insurance: $7,165
Professional Management: $16,251
Trash: $3,776
Water / Sewer: $10,459
Interior
Fireplace: None
Laundry: Common Area
Entry Location: Individual Doors
Exterior
Property Attached: Yes
Stories Total: 3
Levels: Two
Common Walls: Two Common Walls Or More
Security Features: Carbon Monoxide Detectors, Smoke Detectors
Lot Features: Rectangular Lot
Pool: None
Spa: None
Water Source: Public
Sewer: Public Sewer
View: None
Garage and Parking
Parking: Controlled Entrance, Covered
Garage Spaces: 0
Uncovered Spaces: 2
Carport Spaces: 22
Parking Total: 24
Lot Information
Land Lease: No
Common Interest: None
Parcel #: 4141012004
Additional Parcels: Yes
Tax Lot: 118
Community
HOA: No
HOA Fee: $0
Senior Community: No
Community Features: Curbs, Sidewalks