First time on the market in 28 years! A 2 unit multifamily property with a bonus non conforming unit, located in the northwest area of Hawthorne. The property features long term tenants residing in a 2 bedroom/1 bathroom front unit and a 3 bedroom/1 bathroom back unit. The back unit was originally configured with two smaller bathrooms, which ownership upgraded to one large bathroom many years ago. Also included are 3 detached garages in the rear that were converted over 10 years ago into a non conforming 2 bedroom/1 bathroom unit, complete with a full kitchen, in unit laundry, and its own private covered patio. The property offers five surface parking spaces, three along the side driveway and two marked spaces in front. Please note that the marketed square footage reflects the two legal units only and does not include the additional non conforming unit, buyer and agents to confirm all property details.
The surrounding area benefits from a broad and diverse employment base that drives reliable, consistent rental demand. From LAX and the stadiums in Inglewood to the hospitals, retail corridors, and the countless service, trade, and light industrial employers that define the South Bay workforce, and with Downtown LA just a short freeway commute away, this pocket of Hawthorne attracts hardworking, stable tenants who need quality housing close to the major job markets. That consistent demand is what makes this an attractive long term hold for investors at any level.
This is an excellent opportunity for an investor seeking stable, reliable income while capitalizing on the upside potential of legalizing the rear unit, or for an owner occupant looking to move into one or more units while offsetting carrying costs with rental income from the others.
Listed by Daniel Gomez
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License #02081392
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Younglewin Advisors, Inc.
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562-266-7629
Last updated June 02, 2026
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Source: CRMLS #PW26114909
Listing Facts
TypeMulti-family
NeighborhoodNorth Hawthorne
Days on Prevu15
Taxes$13,579/year
Amenities
Parking
Location
Mortgage Calculator
Listing History
06/01/2026
Listed by Younglewin Advisors, Inc.
$1,049,000
Property Details for 4853 W 116th St
Association
Amenities
Community Features: Biking, Curbs, Sidewalks
Exterior
Construction
Number Of Units Total: 2
Property Attached: Yes
Stories: 1
Stories Total: 1
Year Built: 1942
Common Walls: 1 Common Wall
Entry Level: 1
Entry Location: Street
Measurements
Building Area Total: 2,124
Building Area Units: Square Feet
Lot Features: 0-1 Unit/Acre
Lot Size Acres: 0.12
Lot Size Area: 5,601
Lot Size Source: Assessor
Lot Size Square Feet: 5,601
Lot Size Units: Square Feet
Financial
Residential Income
Cap Rate: 5.95
Gross Income: $84,600.00
Operating Expense: $22,174.00
Taxes
Parcel Number: 4141018029
Tax Annual Amount: $13,579.00
Tax Year: 2026
Other
Location
Tax Lot: 60
Parking
Parking
Garage Spaces: 3
Garage: Yes
Open Parking Spaces: 5
Parking Total: 8
Utilities
Equipment
Laundry Features: Inside
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 4853 W 116th St.
Does this multi-family home have parking?
Yes, there are 3 parking spaces available for 4853 W 116th St.
What are the annual taxes for 4853 W 116th St?
Annual taxes for this multi-family home are estimated at $13,579.
How does 4853 W 116th St compare to other multi-family homes in North Hawthorne?
This multi-family home is listed 25% below the average price for multi-family homes in North Hawthorne and has been on the market for 35 less days than the typical home in this area.
4853 W 116th St is a -bedroom multi-family home for sale in Hawthorne CA 90250. Available on Prevu for 15 days at $1,049,000. This residence 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.
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.