This property will be the jewel in your portfolio. Welcome to 4218 W 129th St in Hawthorne, a private multi-residence compound offering rare flexibility for an investor or an owner-user who wants to live on site and let the property help carry the cost. The large front house has a staggering 5 bedrooms and 3.5 bathrooms. Behind it, two spacious 3-bedroom units each offer over 1,100 square feet of living space. One of the 3-bedroom units will be delivered vacant, so a buyer can move in, set their own rent, or bring in a new tenant at today's market rates. Parking is plentiful. Three 2-car garages and three 1-car garages provide ample parking, plus added rental potential for storage or extra parking income. An Opportunity to Expand Your Portfolio. The seller is also offering a 4-unit property nearby at 3218 W 139th St. Together, the two properties give a buyer the chance to add 7 units to their portfolio all at once and get conventional financing.
Multi-familyProperty Type
1987Year Built
0.26 acresLot Size
$302Price/Sq.Ft.
9 car garageParking
Listed by Jon Henderson•DRE #01222315• InspireHome
Ramona, located between Hawthorne Boulevard and Prairie Avenue, is a residential and industrial Hawthorne neighborhood with low-slung bungalows and wide, sunlit blocks. The neighborhood’s energy concentrates around the Hawthorne Blvd and El Segundo Blvd corridor, where auto shops, taquerias, and small storefronts set a working-day rhythm. Housing leans mid-century, with tidy yards and occasional duplexes mixed into older tracts. The nearby Hawthorne Memorial Park adds a green counterpoint to the grid. Local staples like Zacatecas Restaurant, Common Space Brewery, and the Hawthorne Plaza signpost the area’s everyday culture.
Provided by Walk Score and Local Logic
Market insights
$1,599,900
DAYS ON MARKET
2 days
The average home goes pending in 68 days.
SALE-TO-LIST
97.7%
Most homes are selling 2% below list price.
LIST PRICE
$1,599,900
Median list price in this area is $1,137,704. (29% lower than this home)
PRICE DROP
0 price drops
15% of homes in this area have had a price drop in the past month.
Property details
Interior
Exterior
Finance
Bedrooms
Unit 1: 5 bedrooms
Unit 2: 3 bedrooms
Unit 3: 3 bedrooms
Bathrooms
Unit 1: 4 bathrooms
Unit 2: 2 bathrooms
Unit 3: 2 bathrooms
Kitchen
Dishwasher
Garbage disposal
Refrigerator
Laundry & utility
Laundry in unit
Gas water heater
Heating & cooling
Ceiling fan
Air conditioning
Fireplace heat
Forced-air heating
Home design
Residential income property
One story
Multi-level
Attached common walls
Faces north
Parking
Attached and detached private garages
6 garage structures
9 garage spaces
9 total parking spaces
Construction
Composition shingle roof
HOA & community
3 units in the complex
No listed HOA amenities
Financial info
Gross income: $129,134
Gross operating income: $129,134
Net operating income: $98,043
Total annual expenses: $31,280
Gross rent multiplier: 12.37
Vacancy allowance: 5%
Scheduled actual figures
Unit 1 rent: $4,129; projected rent: $5,800; actual rent: $49,548
Unit 2 rent: $4,002; projected rent: $3,800
Unit 3 rent: $2,646; projected rent: $3,800; actual rent: $31,752
Electricity and solar
View estimated energy costs and solar savings for this home
!WOW WHAT A PRICE REDUCTION!!!!!!!!!!!WOW BRING THE ENTIRE FAMILY!!!!!!!!!!!!! Huge Lot 11,403! Excellent Triplex property in the city of Hawthorne. Great for investors or ideal for a large family to live in the front large unit and rent the 2 back units for extra income. Front house is a 2 story that includes 5 bedrooms, 3.5 baths and is approx. 2,975 sq. ft of living space. Tile entry with carpet and linoleum flooring. Central Air/ Heat system. Large master bedroom with sauna jet tub, upstairs laundry, fireplace in the main family room, and includes a grand living room with formal dining room. Great kitchen with breakfast nook & enclosed patio. This home comes with custom plantation shutters throughout the house. 4 car garage with additional 2 spaces in the driveway. The 2 back units each include 3 bedrooms 2 baths, inside laundry, 3 car garage with additional 2 parking spaces, and each have approx. 1161 sq ft of living space with a small patio. This property is within walking distance to Hawthorne Middle School and Washington Elementary.
SDMLS #301702965
Jul 14, 2017
Sold
$1,150,000
$217/sq ft
Apr 3, 2017
Listed
$1,150,000
$217/sq ft
!WOW WHAT A PRICE REDUCTION!!!!!!!!!!!WOW BRING THE ENTIRE FAMILY!!!!!!!!!!!!! Huge Lot 11,403! Excellent Triplex property in the city of Hawthorne. Great for investors or ideal for a large family to live in the front large unit and rent the 2 back units for extra income. Front house is a 2 story that includes 5 bedrooms, 3.5 baths and is approx. 2,975 sq.ft of living space. Tile entry with carpet and linoleum flooring. Central Air/ Heat system. Large master bedroom with sauna jet tub, upstairs laundry, f
!WOW WHAT A PRICE REDUCTION!!!!!!!!!!!WOW BRING THE ENTIRE FAMILY!!!!!!!!!!!!! Huge Lot 11,403! Excellent Triplex property in the city of Hawthorne. Great for investors or ideal for a large family to live in the front large unit and rent the 2 back units for extra income. Front house is a 2 story that includes 5 bedrooms, 3.5 baths and is approx. 2,975 sq.ft of living space. Tile entry with carpet and linoleum flooring. Central Air/ Heat system. Large master bedroom with sauna jet tub, upstairs laundry, fireplace in the main family room, and includes a grand living room with formal dining room. Great kitchen with breakfast nook & enclosed patio. This home comes with custom plantation shutters throughout the house. 4 car garage with additional 2 spaces in the driveway. The 2 back units each include 3 bedrooms 2 baths, inside laundry, 3 car garage with additional 2 parking spaces, and each have approx. 1161 sq ft of living space with a small patio. This property is within walking distance to Hawthorne Middle School and Washington Elementary.
CRMLS #DW16120861
Aug 31, 2016
Listing Removed
—
Aug 1, 2016
Price Changed
$1,295,000
$244/sq ft
Jun 5, 2016
Listed
$1,349,000
$255/sq ft
SDMLS #301718511
Aug 31, 2016
Listing Removed
—
Jun 4, 2016
Listed
$1,295,000
$244/sq ft
Public Records
Jun 22, 1987
Sold
$418,500
$79/sq ft
Public Records
Mar 31, 1987
Sold
$395,000
$75/sq ft
Public Records
Sep 19, 1986
Sold
$280,000
$53/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$17,617 (+4.5%)
$754,378 + $580,291
$1,334,669
2024
$16,854 (+3.8%)
$739,587 + $568,913
$1,308,500
2023
$16,245 (−1.4%)
$725,086 + $557,758
$1,282,844
2022
$16,480 (+1.5%)
$710,869 + $546,822
$1,257,691
2021
$16,242 (+0.3%)
$696,931 + $536,100
$1,233,031
2020
$16,195 (+3.3%)
$683,266 + $525,589
$1,208,855
2019
$15,679 (+5.0%)
$676,260 + $520,200
$1,196,460
2018
$14,939 (+62.0%)
$663,000 + $510,000
$1,173,000
2017
$9,220 (+1.1%)
$144,658 + $559,345
$704,003
2016
$9,120 (+2.2%)
$144,658 + $559,345
$704,003
2015
$8,920 (+0.4%)
$141,822 + $548,378
$690,200
2014
$8,883 (+6.6%)
$136,956 + $529,561
$666,517
2012
$8,335 (+4.6%)
$136,338 + $527,168
$663,506
2011
$7,970 (+2.1%)
$133,665 + $516,832
$650,497
2010
$7,807 (+2.2%)
$131,045 + $506,699
$637,744
2009
$7,638 (+2.5%)
$130,066 + $502,913
$632,979
2008
$7,453
$130,375 + $504,108
$634,483
Public record
Public record
Zoning
Beds
5
Baths
4
Stories
—
Lot width
—
Lot depth
—
Lot size
0.26 Acres
Year renovated
—
Finished Sq. Ft.
2,975
Unfinished Sq. Ft.
—
Total Sq. Ft.
2,975
Year built
1987
Style
Multi-Family (2-4 Unit)
County
Los Angeles County
APN
4045021048
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 7, 2026.
R-1
Low-Density Residential Classification District
The principal objective and purpose to be served by this classification and its application are to create a living environment of the highest standards for single-family detached dwellings by means of the standards and requirements set forth herein with regard to minimum lot area, lot dimensions, yards, setbacks, and open spaces required to be maintained. However, in this classification a distinction is made based on lots containing an area of 8,000 sq ft or more, where a detached or attached accessory dwelling unit is permitted as defined in Section 17.30.130. A related consideration for the city in establishing these standards and requirements is to more efficiently and economically design, install, and maintain public service facilities in terms of size and capacity to adequately and permanently meet the needs resulting from the intensity of land use allowed in this zoning classification.
Permitted uses
Include but are not limited to:
Religious facility
Housing-Single unit
Housing-Multiple units
Housing-Senior
Housing-Other
Infrastructure
Educational/school
Library
Housing-Mobile home park
Planned unit development (pud)
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
5/10 Heat Factor
7 days above 86° expected this year, 20 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
5/10 Air Factor
7 unhealthy days expected this year, 7 days in 30 years
Provided by First Street
Historical weather
Hawthorne, CA • 90250
Average low and high temperatures (°F)
69
50
69
52
70
55
69
56
70
59
73
62
77
65
78
66
77
67
74
60
70
54
67
52
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
78/ 100
Good sunlight
Sunscore
This home receives average direct sun exposure in Hawthorne. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
8.2 hrs
5.3 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate
$1,600,315
$415 over list price of $1.60M
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $900K to $1.7M.