4853 W 116th, Hawthorne, CA 90250 | MLS #PW26129372 | Willis Allen Real Estate
 
  • 16 days on site
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First time on the market in 28 years, this is a rare opportunity for an owner occupant to live in one unit while the others pay your mortgage. The property features two legal units — a 2 bed/1 bath front unit and a 3 bed/1 bath back unit — plus a non conforming 2 bed/1 bath garage conversion in the rear that has been fully built out with a complete kitchen, in unit laundry, and its own private covered patio. Whether you move into the spacious 3 bedroom back unit and collect rent from the front and rear, or configure the setup to fit your household's needs, the income from the other units will go a long way toward offsetting your carrying costs. Long term tenants are already in place, so day one cash flow is built in. Five surface parking spaces, three along the side driveway and two marked spaces in front, keep things practical for everyone on site. The marketed square footage reflects the two legal units only and does not include the non conforming rear unit — buyer and agents to confirm all details. The location does the heavy lifting on tenant demand. LAX, the Inglewood stadiums, South Bay hospitals, major retail corridors, and a dense base of service, trade, and light industrial employers are all within easy reach, with Downtown LA a straightforward freeway commute away. This is the kind of pocket that attracts stable, working tenants who need quality housing close to where they work — which is exactly what makes this a property worth holding for the long term.

Source: CRMLS, MLS#: PW26129372

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  • Property Type
    Residential
  • Lot
    0.13 acres

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  • Median Age
    33
  • Population Density
    14,178
  • College Educated
    31%
  • Estimated Median Income
    $60,162
  • Estimated Total Home Owners
    9,874
  • Estimated Total Renters
    20,967
  • Owner / Renter Divide
    32% / 68%
  • Estimated Average Household Size
    3
  • Total Population
    95,115
  • Community data courtesy of LiveBy, Inc.

Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 4853 W 116th


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
6/13/2026Source: CRMLS Added to Database
June 13, 2026
6/1/2026Source: CRMLS Status Change
Active
5/27/2026Source: CRMLS Added to Database
May 27, 2026
Listing provided courtesy of Younglewin Advisors, Inc.Daniel Gomez- MLS# PW26129372MLS ProviderContact Information: 562-318-0215