NOT LISTED FOR SALE

11432 Menlo Ave Hawthorne, CA 90250

12 Beds
-- Bath
7,494 Sq Ft
6,578 Sq Ft Lot

Last Sold June 24, 2022

Last sale price $2,150,000 $287 Per Sq Ft

19 Days on Market

About This Home

As of June 2022

This 7-unit apartment building is a great opportunity for an investor. Built in 1986. Great location in high demand rental area with convenient access to Fwy 105, 405 and 110. Also close to Sofi Stadium and LAX. Four units are one bedroom with den converted into another bedroom.

Last Agent to Sell the Property

Jerry Hsu

Shu-Hui Hsu License #01316593 Listed on: 04/27/2022

Last Buyer's Agent

Ryan Gonzalez

Lyon Stahl Investment Real Est License #01874815

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1986

Lot Details

  • 6,577 Sq Ft Lot
  • No Common Walls
  • Density is 6-10 Units/Acre

Interior Spaces

  • 12 Bedrooms
  • 7,494 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Parking

  • 13 Parking Spaces
  • 13 Carport Spaces

Listing and Financial Details

  • Tax Lot 245
  • Tax Tract Number 245
  • Assessor Parcel Number 4047006004
  • $1,999 per year additional tax assessments

Community Details

Overview

  • 7 Units

Building Details

  • 7 Leased Units
  • 8 Separate Electric Meters
  • 8 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $1,351
  • Fuel Expense $132
  • Gardener Expense $660
  • Insurance Expense $3,501
  • Maintenance Expense $5,836
  • Pest Control $876
  • Supplies Expense $5,556
  • Trash Expense $4,167
  • Water Sewer Expense $4,622
  • New Taxes Expense $23,100
  • Operating Expense $49,983
  • Gross Income $128,880
  • Net Operating Income $78,897

Property Details

Home Type

Multi-Family

Year Built

Built in 1986

Lot Details

6,577 Sq Ft Lot

Listing Details

  • CapRate: 3.67
  • Property Attached: No
  • Supplies Expense: 5556.00
  • Water Sewer Expenses: 4622.00
  • Zoning: HAR3YY
  • Property Type: Residential Income
  • Gardener Expense: 660.00
  • Parcel Number: 4047006004
  • Year Built: 1986
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: No Common Walls
  • Levels: Two
  • Price Per Square Foot: 286.90

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Carport Spaces: 13.00
  • Total Parking Spaces: 13.00

Utilities

  • Laundry: Yes
  • Laundry Features: Individual Room
  • Pest Control Expense: 876.00
  • Sewer: Public Sewer
  • Trash Expense: 4167.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 6-10 Units/Acre
  • Lot Size Sq Ft: 6577.00
  • Lot Size Acres: 0.1510

Multi Family

  • Electric Expense: 1351.00
  • Fuel Expense: 132.00
  • Gross Income: 128880.00
  • Gross Multiplier: 16.68
  • Gross Scheduled Income: 128880.00
  • Insurance Expense: 3501.00
  • Lot Size Area: 6577.0000 Square Feet
  • Maintenance Expense: 5836.00
  • Net Operating Income: 78897.00
  • Number Of Separate Electric Meters: 8
  • Number Of Separate Gas Meters: 8
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 7
  • Number Of Units Total: 7
  • Operating Expense: 49983.00
  • Rent Control: No
  • Total Actual Rent: 10740.00
  • Total Expenses: 49983.00

Tax Info

  • New Taxes Expense: 23100.00
  • Tax Census Tract: 6021.04
  • Tax Lot: 245
  • Tax Tract Number: 245
  • TaxOtherAnnualAssessmentAmount: 1999.00
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/24/2022 06/24/22 Sold $2,150,000 0.0% $287 / Sq Ft
05/16/2022 05/16/22 Pending -- -- --
04/27/2022 04/27/22 For Sale $2,150,000 -- $287 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $29,094 $2,281,596 $848,966 $1,432,630
2024 $29,094 $2,236,860 $832,320 $1,404,540
2023 $29,174 $2,193,000 $816,000 $1,377,000
2022 $15,742 $1,116,479 $781,538 $334,941
2021 $15,521 $1,094,588 $766,214 $328,374
2019 $14,999 $1,062,124 $743,489 $318,635
2018 $14,444 $1,041,299 $728,911 $312,388
2016 $13,704 $1,000,865 $700,607 $300,258
2015 $13,405 $985,832 $690,084 $295,748
2014 $13,358 $966,522 $676,567 $289,955
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB22085677

California Regional Multiple Listing Service (CRMLS)
Your Personal Tour Guide

Ask me questions while you tour the home.