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4823 W 118th PlaceHawthorne, CA 90250

For Sale

$3,595,000

Smart Buyer Rebate $35,950

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.

Listed by Todd Slatcher

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License #01456645

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Jamison Management Company

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310-897-0224

Listed by Christie Slatcher

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License #01773506

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Jamison Management Company

Last updated April 13, 2026

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Source: CRMLS #SB26077805

Listing Facts

  • TypeMulti-family
  • NeighborhoodNorth Hawthorne
  • Days on Prevu18

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

04/13/2026
Listed by Jamison Management Company
$3,595,000

Property Details for 4823 W 118th Place

Association

Amenities

  • Community Features: Curbs, Sidewalks

Exterior

Construction

  • Number Of Units Total: 14
  • Property Attached: Yes
  • Stories: 2
  • Stories Total: 3
  • Year Built: 1987
  • Common Walls: 2+ Common Walls
  • Entry Level: 2
  • Entry Location: Individual doors

Measurements

  • Building Area Total: 9,680
  • Building Area Units: Square Feet
  • Lot Features: Rectangular Lot
  • Lot Size Acres: 0.28
  • Lot Size Area: 12,319
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 12,319
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Cap Rate: 5.48
  • Gross Income: $304,800.00
  • Operating Expense: $112,038.00

Taxes

  • Parcel Number: 4141012004

Other

Location

  • Tax Lot: 118

Parking

Parking

  • Carport Spaces: 22
  • Carport: Yes
  • Open Parking Spaces: 2
  • Parking Features: Controlled Entrance, Covered
  • Parking Total: 24

Utilities

Equipment

  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There is bedrooms in this multi-family home at 4823 W 118th Place.

Does this multi-family home have parking?

Yes, there are 24 parking spaces available for 4823 W 118th Place.

How does 4823 W 118th Place compare to other multi-family homes in North Hawthorne?

This multi-family home is listed 156% above the average price for multi-family homes in North Hawthorne and has been on the market for 32 less days than the typical home in this area.

4823 W 118th Place is a -bedroom multi-family home for sale in Hawthorne CA 90250. On Prevu for 18 days at $3,595,000. This property is located in North Hawthorne. The median listing price for multi-family homes in this area is $1,100,000. Additional amenities include parking. Explore more multi-family home listings in Hawthorne.

Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.