Property Details
About this Property
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 5.58% cap rate, 10.58 GRM, and $222,356 per unit and features (3) studios, (20) one-bedroom/one-bath units, and (2) two-bedroom/one-bath units (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, significant roof updates in 2010, and completion of SB 721 balcony inspections and required repairs (final sign-off pending). Situated west of Prairie Avenue, the property is centrally located near Hawthorne Middle School, Washington Elementary, SpaceX, Hawthorne Airport, and majo
MLS Listing Information
MLS #
CRSB25272005
MLS Source
California Regional MLS
Days on Site
4
Interior Features
Laundry
Community Facility
Cooling
Other
Heating
Other
Parking, School, and Other Information
Garage/Parking
Assigned Spaces, Garage: 2 Car(s)
HOA Fee
$0
Contact Information
Listing Agent
Robert Sillman
Lyon Stahl Investment Real Estate, Inc.
License #: 02145409
Phone: –
Co-Listing Agent
Cameron Samimi
License #: 02035763
Phone: –
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | 24 | – |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
4055 W 129th St is a Residential Income in Hawthorne, CA 90250. This – square foot property sits on a 17,405 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $5,558,888 and was built in 1966. This address can also be written as 4055 W 129th St, Hawthorne, CA 90250.
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This listing information is up-to-date as of December 12, 2025. For the most current information, please contact Robert Sillman
