4055 W 129th St, Hawthorne, CA 90250
Local realty services provided by:ERA North Orange County Real Estate
4055 W 129th St,Hawthorne, CA 90250
$5,295,000
- 5 Beds
- 5 Baths
- - sq. ft.
- Multi-family
- Active
Listed by: robert sillman, cameron samimi
Office: lyon stahl investment real estate, inc.
MLS#:SB25272005
Source:San Diego MLS via CRMLS
Price summary
- Price:$5,295,000
About this home
$260K Price Improvement Now Attractively Positioned at a 6.46% Cap Rate, 9.47 GRM, and $211K per Unit! Introducing The Crest Apartments, a 25-unit community at 4055 W. 129th Street in the heart of Hawthorne, offered for the first time by the original families who developed it in 1966. The property features (3) studios, (20) one-bedroom/one-bath units, (1) two-bedroom/one-bath unit, and (1) two-bedroom/two-bath unit (including one non-conforming). On-site amenities include landlord-owned laundry machines, a central courtyard with a pool, gated parking for 29 vehicles, secured entry, and a security camera system. The building is master-metered, with the potential to implement a RUBS (Ratio Utility Billing System) to allocate utility costs to tenants based on unit size or occupancy, providing additional income growth. Subject to statewide rent control under AB 1482, all eligible units received rent increases (5% + CPI) in October 2025. Additional improvements include a major drain line replacement in 2022 (195 ft.), supply line replacements as needed, newer Siemens sub-panels, and completion of SB 721 balcony inspections and required repairs in 2025. Situated west of Prairie Avenue, the property is centrally located near Hawthorne Middle School, Washington Elementary, SpaceX, Hawthorne Airport, and major freeway access. The Crest Apartments offers a well-maintained, stable investment with strong fundamentals and clear upside potential in one of the South Bays most dynamic rental markets....
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Home facts
- Listing ID #:SB25272005
- Added:111 day(s) ago
- Updated:April 02, 2026 at 01:56 PM
Rooms and interior
- Bedrooms:5
- Total bathrooms:5
Structure and exterior
- Levels:3 Story
Finances and disclosures
- Price:$5,295,000
Features and amenities
- Pool features:Community/Common, Private
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