$5,295,000/mo

4055 W 129th St, Hawthorne, CA 90250

  • 13,903 sqft
Rent shown is base rent as provided by the property owner or manager. Additional mandatory fees, deposits, or utilities may apply and are set by the property owner or manager.
  • Property Icon Rental
  • Property Year Built Icon Built in 1966
  • Property Lot Size Icon0.4acre lot
  • Property Parking Icon 2 car garage
  • Property Price Per Square Feet Icon $381/sqft
  • Property List Date Icon Listed 2 months ago

Property Description

$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 Bay’s most dynamic rental markets.

Listing Status:
Active
Date Added:
December 12, 2025
Data Last Updated:
February 8, 2026 at 3:17PM
Listing Office:
Lyon Stahl Investment Real Estate, Inc. : 310-425-9838
Listing Agent:
Robert Sillman : 3109085092
MLS ID:
SB25272005
  • Laundry: Common Area
  • A/C: See Remarks
  • Heating: See Remarks
  • Fireplace: None
  • Pool: CommunityPrivate
  • Parking: AssignedParking spaces: 29
  • General: 3
  • HOA Amenities: 0.0
  • Originating MLS: CRMLS_CRM
  • County: Los Angeles
  • Zoning: 4045023034
  • Utilities: See Remarks
  • Water: Public
  • Sewer: Public Sewer
  • Source: CRMLS_CRM

Presented by Veterans United Realty

This listing courtesy of Robert Sillman , Lyon Stahl Investment Real Estate, Inc.

Location

Schools Nearby

W

Washington Elementary School

4339 W 129th St, Hawthorne, CA, 90250

Grades KG-5

0.30 miles away

H

Hawthorne Middle School

4366 W 129th St, Hawthorne, CA, 90250

Grades 6-8

0.33 miles away

H

Hawthorne Math and Science Academy

4467 W Broadway, Hawthorne, CA, 90250

Grades 9-12

0.59 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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