4055 W 129th St

Hawthorne, CA 90250

$5,295,000
Price
5
Beds
26
Baths
13,903 Sq. Ft.
$381 / Sq. Ft.
13,903
Sq. Ft.
$381
per Sq. Ft.
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a kitchen with granite countertop a sink a stove and cabinets
a bathroom with a granite countertop sink a mirror and a shower
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unknown
wooden floor with a glass door
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a room with storage and utility
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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...$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.
  1. Listed by Robert Sillman • DRE #02145409 • Brokerage DRE #01972083 • Lyon Stahl Investment Real Estate, Inc. • bobby@lyonstahl.com
  2. Listed by Cameron Samimi • DRE #02035763 • Brokerage DRE #01972083 • Lyon Stahl Investment Real Estate, Inc.

Property Details for 4055 West 129th Street

Parking Spaces Total
29
Private Pool
Yes
Cooling Type
See Remarks
Total Units
25.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
13903
Assessor Parcel Number
4045-023-034
LISTING UPDATED: 02/02/2026 06:17 AM

Property Details for 4055 West 129th Street

StatusActive
MLS #SB25272005
Days on Market59
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Res Income 2-4 Units
Year Built1966
CountyLos Angeles County

Location

Listing Courtesy of Lyon Stahl Investment Real Estate, Inc., Robert Sillman, DRE #02145409; Lyon Stahl Investment Real Estate, Inc., Cameron Samimi, DRE #02035763
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Building Information for 4055 West 129th Street

Building/Complex4055 W 129th StFloor-Stories3Residences-Pet Policy-Pet Policy Details-Year Built1966Building Size-

Payment Calculator

$32,474 per month

30 year fixed, 6.15% Interest

Principal and Interest

$25,807

Property Taxes

$6,667

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 4055 West 129th Street

Rental Info
Rental Info
  • Tenant Pays: None
Income / Expense / Tax Details
Income Details
  • Gross Income: $559,256
  • Gross Scheduled Income: $559,256
  • Vacancy Allowance Rate: 3
  • Net Operating Income: $342,221
  • Gross Multiplier: 9.47
  • Cap Rate: 6.46
Expense Details
  • Operating Expense: $200,258
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $0
  • Professional Management Expense: $0
  • Trash Expense: $0
  • Water Sewer Expense: $0
  • Total Expenses: $200,258
Tax / Assessment Info
  • Tax Tract Number: 1418
  • CFD/Mello-Roos Fee: $0
  • Tax Lot: 21
Community / Development
Community / Development
  • Assessments YN: Yes
  • Assessments: Unknown
  • Community Features: Curbs, Dog Park
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Common Area, Community
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: See Remarks
  • Heating Type: See Remarks
  • Heating: See Remarks
  • Heat Equipment: Other/Remarks
Exterior Features
  • Entry Location: 2
  • Pool Features: Private, Community
  • Pool Description: Private
  • Pool: Community/Common, Private
  • Pool Heat: Community/Common, Private
Land/Lot Info
  • Lot Features: 0-1 Unit/Acre
  • Number Of Units: 25
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Three Or More
  • Water: Public
  • Sewer: Public Sewer
  • Utilities: See Remarks
  • Electric: See Remarks
  • Water Source: Public
Parking Info
  • Garage Spaces: 2
  • Parking: Yes
  • Parking Garage: Assigned
  • Uncovered Spaces: 1
  • Open Other Spaces Total: 1
  • Parking Garage Spaces: 2
  • Carport Spaces: 26
  • Parking Features: Assigned
Property / Structure Info
  • Residential Styles: Res Income 2-4 Units
Unit Information
Unit 1
  • Unit Type Units Total: 3
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Actual Rent: $1,503
  • Unit Type Total Rent: $4,509
  • Unit Type Pro Forma: 5085
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 20
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Actual Rent: $1,848
  • Unit Type Total Rent: $36,964
  • Unit Type Pro Forma: 37900
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 2495
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Actual Rent: $2,345
  • Unit Type Total Rent: $2,345
  • Unit Type Pro Forma: 2495
  • Unit Type Type: 4
Unit Information
  • Number Of Units Leased: 24
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1

Property History for 4055 West 129th Street

DateEvent & SourcePriceAppreciation
Feb 2, 2026

Price Change

CLAW #SB25272005MR

$5,295,000—
Jan 6, 2026

Listed (Active)

CLAW #SB25272005MR

$5,558,888—
Dec 12, 2025

Hold

CLAW #SB25272005MR

—
Dec 12, 2025

Listed (Active)

CLAW #SB25272005MR

$5,558,888—
Dec 12, 2025

Listed (Active)

CRMLS #SB25272005

$5,558,888—
Dec 1, 2025

Listed (Active)

SDMLS #SB25272005

$5,558,888—
DateEvent & SourcePrice
02/02/2026

Price Change

CLAW #SB25272005MR

$5,295,000
01/06/2026

Listed (Active)

CLAW #SB25272005MR

$5,558,888
12/12/2025

Hold

CLAW #SB25272005MR

—
12/12/2025

Listed (Active)

CLAW #SB25272005MR

$5,558,888
12/12/2025

Listed (Active)

CRMLS #SB25272005

$5,558,888
12/01/2025

Listed (Active)

SDMLS #SB25272005

$5,558,888

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 4055 West 129th Street

Taxable ValueLand$3,940,515Additions$2,106,208Total$6,046,723
Tax Record2025$80,006 ($6,667 / month)
Home Facts
Total Finished SqFt13,903 SqFtAbove Grade Finished SqFt13,903 SqFtLot Size17,401 SqFtStyleMulti-Family Res (5+ Units)Year Built1966ZoningHAR3YYCountyLOS ANGELESAPN4045-023-034

Schools near 4055 West 129th Street

This home is within Centinela Valley Union High School District.
Rating
School
Type
Grades
Distance
Washington School
Public - K to 5
Prairie Vista Middle School
Public - 6 to 8
Lawndale High School
Public - 9 to 12
Leuzinger High School
Public - 9 to 12
Rating
School
Distance
Washington School
PublicK to 5

Prairie Vista Middle School
Public6 to 8

Lawndale High School
Public9 to 12

Leuzinger High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 4055 West 129th Street, Hawthorne, CA 90250

4055 West 129th Street is a multi-family home for sale in Hawthorne, CA 90250. This property was listed for sale on December 1, 2025 by Lyon Stahl Investment Real Estate, Inc., it's currently listed at $5,295,000. This listing's school districts are Centinela Valley Union High School District, Hawthorne School District. Nearby schools include Washington School, Prairie Vista Middle School and Lawndale High School. 4055 West 129th Street is a 5-bed, 26-bath, 13,903 sqft multi-family home built in 1966.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Lyon Stahl Investment Real Estate, Inc., Robert Sillman, DRE #02145409; Lyon Stahl Investment Real Estate, Inc., Cameron Samimi, DRE #02035763

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.