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$8,950,000
Est. payment /mo
55 Beds
34 Baths
28,510 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 28,510 sqft
Price per Sqft $313
MLS Listing ID 26857151
Bedrooms 55
Year Built 1985
Lot Size 0.726 Acres
Acres 0.7261
Property Sub-Type Multi-Family
Property Description
Price just reduced $300,000! We are pleased to present The Regent, a 34-unit apartment community situated on a large 31,623-square-foot lot in Hawthorne, CA. Built in 1985,the property encompasses 28,510 rentable square feet across a distinctive three-story structure, instantly recognizable by its bold white-stucco Mediterranean facade, signature arched windows, and private balconies. The well-diversified unit mix of 18 two-bedroom/one-bath, 12 one-bedroom/one-bath, two three-bedroom/one-bath, and two studio units features generously sized floor plans that span a broad range of tenant profiles, anchoring durable occupancy across the building. All units include dishwashers, garbage disposals, gas stoves, gas wall heaters, individual water heaters, and private patios or balconies. The property is individually metered for both gas and electric, with tenants responsible for their own utilities, and a building-wide telecom/intercom system supports tenant safety and convenience. The entire ground level functions as a dedicated structured parking garage providing 62 secured spaces an exceptional ratio for a 34-unit building and a clear advantage over surrounding rental stock. The building is fully sprinklered throughout, with fire suppression in every unit and common area, and on-site amenities include a large laundry facility. (The property currently operates as 34 units, with one non-conforming studio). At its 1985 vintage, The Regent is newer than the majority of surrounding rental stock and, notably, sits in a city with no local rent stabilization ordinance - Hawthorne relies solely on California's statewide AB 1482 framework, with no additional municipal rent caps or registry requirements layered on top. The Regent is positioned minutes from SpaceX's major Hawthorne campus, LAX,and SoFi Stadium, with direct freeway access connecting tenants throughout greater Los Angeles and the beach just 34 miles away in Manhattan Beach. This combination of aerospace, aviation, logistics, and hospitality employment underpins one of the South Bay's most resilient rental demand bases, supporting a consistently strong rental market marked by tight vacancy and steady rent growth. Hawthorne's median age of 33.9, notably younger than both LA County and California, overall reflects a workforce-driven renter pool well suited to this property's unit mix. Exceptional assets like The Regent seldom come to market in Hawthorne. This is a property that combines quality construction, a commanding architectural presence, oversized floor plans, abundant secured parking, and a tenant base supported by some of the South Bay's most stable employment drivers. It delivers consistent, dependable cash flow today while offering clear, achievable upside through interior enhancements and the city's ongoing rent growth. As Hawthorne continues to strengthen its economic profile and attract new investment, The Regent stands out as a durable, high-performing building with long-term momentum, a compelling opportunity for investors seeking both stability and meaningful future value creation.
Location
State CA
County Los Angeles
Area East Hawthorne
Zoning HAR3YY
Rooms
Other Rooms None
Interior
Heating Forced Air
Cooling None
Equipment None
Laundry Community
Exterior
Parking Features Controlled Entrance, Covered Parking, Community Garage
Garage Spaces 62.0
Building
Story 2
Level or Stories Two
Others
Special Listing Condition Standard
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Listed by Keller Williams Realty
NEARBY SCHOOL & BUSINESS
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