Hawthorne, CA 90250,4055 W 129th St
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Hawthorne, CA 90250,4055 W 129th St
Hawthorne, CA 90250,4055 W 129th St
Hawthorne, CA 90250,4055 W 129th St
Hawthorne, CA 90250,4055 W 129th St
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4055 W 129th St Hawthorne, CA 90250

0.4 Acres Lot


UPDATED:

Key Details

Property Type Apartment

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID SB25272005

HOA Y/N No

Year Built 1966

Lot Size 0.400 Acres

Property Sub-Type Apartment

Property Description

5.94% CAP, 10.01 GRM & $222k/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 is attractively priced at a 5.94% cap rate, 10.01 GRM, and $222,356 per unit and 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 Bay's most dynamic rental markets.

Location

State CA

County Los Angeles

Area 109 - Ramona/Burleigh

Interior

Heating See Remarks

Cooling See Remarks

Fireplaces Type None

Fireplace No

Laundry Common Area

Exterior

Parking Features Assigned

Garage Spaces 2.0

Carport Spaces 26

Garage Description 2.0

Pool Community, Private

Community Features Curbs, Dog Park, Pool

Utilities Available See Remarks

Total Parking Spaces 29

Private Pool Yes

Building

Lot Description 0-1 Unit/Acre

Story 3

Entry Level Three Or More

Sewer Public Sewer

Water Public

Level or Stories Three Or More

New Construction No

Others

Senior Community No

Tax ID 4045023034

Acceptable Financing Cash, Cash to New Loan, 1031 Exchange

Listing Terms Cash, Cash to New Loan, 1031 Exchange

Special Listing Condition Standard


CRMLS – RECore
Listed by Robert Sillman Lyon Stahl Investment Real Estate, Inc. bobby@lyonstahl.com

Nearby Locations

SCHOOLSPROPERTIES
Elementary Schools 20
  • 9

    Pennekamp Elementary School

    Public | KG - 5

  • 9

    Da Vinci Innovation Academy

    Public | KG - 8

  • 9

    Lincoln Elementary School

    Public | KG - 5

  • 9

    156th Street Elementary

    Public | KG - 6

  • 8

    Madison Elementary School

    Public | KG - 5

  • 8

    Mark Twain Elementary School

    Public | KG - 5

  • 8

    Lincoln Elementary School

    Public | PK - 5

  • 8

    Chapman Elementary

    Public | KG - 5

  • 7

    Peter Burnett Elementary School

    Public | 3 - 5

  • 7

    Juan de Anza Elementary School

    Public | KG - 5

  • 7

    Lucille J. Smith Elementary School

    Public | KG - 5

  • 7

    Huerta Elementary

    Public | PK - 5

  • 7

    Jefferson

    Public | KG - 5

  • 6

    Stella Middle Charter Academy

    Public | 5 - 8

  • 6

    Felton Elementary

    Public | PK - 5

  • 6

    Buford Elementary

    Public | KG - 5

  • 6

    Ramona

    Public | KG - 5

  • 6

    Washington

    Public | KG - 5

  • 6

    Moffett Elementary

    Public | PK - 5

  • 6

    William Anderson Elementary School

    Public | KG - 5

Middle Schools 20
  • 10

    Manhattan Beach Middle School

    Public | 6 - 8

  • 9

    Richard Henry Dana Middle School

    Public | 6 - 8

  • 8

    Casimir Middle School

    Public | 6 - 8

  • 6

    Jane Addams Middle School

    Public | 6 - 8

  • 6

    Hawthorne Middle School

    Public | 6 - 8

  • 6

    Will Rogers Middle School

    Public | 6 - 8

  • 6

    Environmental Charter Middle - Inglewood

    Public | 6 - 7

  • 5

    Century Community Charter

    Public | 6 - 8

  • 5

    Prairie Vista Middle School

    Public | 6 - 8

  • 5

    Bud Carson Middle School

    Public | 6 - 8

  • 4

    Lennox Middle School

    Public | 6 - 8

  • 4

    Peary Middle School

    Public | 6 - 8

  • 2

    Albert F. Monroe Elementary School

    Public | 6 - 8

  • 1

    Icef Inglewood Middle Charter Academy

    Public | 6 - 8

  • 1

    Century Academy for Excellence

    Public | 6 - 8

  • 0

    Hawthorne Academy

    Private | 7 - 12

  • 0

    Opportunities for Learning - Hermosa Beach

    Public | 7 - 12

  • 0

    Renaissance Community Day

    Public | 7 - 12

  • 0

    Animo Phillis Wheatley Charter Middle School

    Public | 6 - 8

  • 0

    Animo Western Charter Middle School

    Public | 6 - 8

High Schools 20
  • 10

    Mira Costa High School

    Public | 9 - 12

  • 10

    Hawthorne Math and Science Academy

    Public | 9 - 12

  • 9

    Da Vinci Science

    Public | 9 - 12

  • 9

    Lennox Mathematics, Science and Technology Academy

    Public | 9 - 12

  • 9

    Animo Leadership High School

    Public | 9 - 12

  • 8

    Bright Star Secondary Charter Academy

    Public | 9 - 12

  • 8

    Animo Inglewood Charter High School

    Public | 9 - 12

  • 8

    Middle College High School

    Public | 9 - 12

  • 7

    Da Vinci Design

    Public | 9 - 12

  • 7

    City Honors College Preparatory Charter

    Public | 9 - 12

  • 6

    Environmental Charter High School

    Public | 9 - 12

  • 6

    Alliance Health Services Academy High School

    Public | 9 - 12

  • 5

    Lawndale High School

    Public | 9 - 12

  • 5

    Leuzinger High School

    Public | 9 - 12

  • 5

    Animo South los Angeles Charter

    Public | 9 - 12

  • 2

    Hawthorne High School

    Public | 9 - 12

  • 1

    Centinela Valley Independent Study

    Public | 9 - 12

  • 1

    Morningside High School

    Public | 9 - 12

  • 1

    Executive Preparatory Academy of Finance

    Public | 9 - 12

  • 1

    George Washington Prep High School

    Public | 9 - 12

School and business data provided by Attom Data.
Julian Park

Julian Park

Broker, Loan Officer | License ID: 02018567

+1(818) 390-3265

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4055 W 129th St