Seller's Agent in 2022
Kevin King
Marcus & Millichap
(562) 257-1245
38 Total Sales
11519 Cedar Ave Hawthorne, CA 90250
6
Beds
4
Baths
4,530
Sq Ft
7,841
Sq Ft Lot
About This Home
As of February 2022We are pleased to present 11519 Cedar Street, a 5-unit multi-family community located in the the great rental market of Hawthorne, CA.
Located in the heart of the South Bay, the Property is just minutes from LAX, the new So? Stadium and entertainment complex, and the Pacific Ocean. The property was built in 1958 and is comprised of approximately 4,530 rentable square feet on a 7,658 square foot lot. The building has an outstanding unit mix, comprising of one 1 bedroom 1 bathroom unit, three 2 bedroom1 bathroom units, and one oversized 3 bedroom 2 bathroom owner’s unit.
The property is separately metered for gas and electricity, features ample secured parking, and the tenants benefit from the property’s central location. In addition, the property has also been earthquake retrofitted.
This is an outstanding opportunity to acquire a desirable multi-family asset with substantial upside in the city of Hawthorne and would be a great addition to any investors portfolio.
Last Agent to Sell the Property
Marcus & Millichap License #01158184 Listed on: 06/11/2021
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1958
Lot Details
- 7,841 Sq Ft Lot
- Two or More Common Walls
- Density is 2-5 Units/Acre
Parking
- 5 Parking Spaces
Home Design
- 4,530 Sq Ft Home
- Property Attached
Bedrooms and Bathrooms
- 6 Bedrooms
- 4 Bathrooms
Additional Features
- Laundry in unit
- Septic Type Unknown
Listing and Financial Details
- Tax Lot 2
- Tax Tract Number 602104
- Assessor Parcel Number 4047003029
Community Details
Building Details
- 5 Separate Electric Meters
- 5 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $1,063
- Fuel Expense $1,063
- Gardener Expense $475
- Insurance Expense $2,039
- Maintenance Expense $3,750
- Other Expense $1,250
- Professional Management Expense $4,950
- Trash Expense $1,063
- Water Sewer Expense $1,063
- New Taxes Expense $18,125
- Operating Expense $34,839
- Gross Income $102,060
- Net Operating Income $64,759
Additional Features
- 5 Units
- Laundry Facilities
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Home Values in the Area
Average Home Value in this Area
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 02/04/2022 02/04/22 | Sold | $1,435,000 | -1.0% | $317 / Sq Ft | |
| 11/16/2021 11/16/21 | Pending | -- | -- | -- | |
| 10/15/2021 10/15/21 | Price Changed | $1,450,000 | -3.3% | $320 / Sq Ft | |
| 08/11/2021 08/11/21 | Price Changed | $1,500,000 | -1.6% | $331 / Sq Ft | |
| 06/11/2021 06/11/21 | For Sale | $1,525,000 | +75.3% | $337 / Sq Ft | |
| 06/18/2015 06/18/15 | Sold | $869,950 | -4.9% | $192 / Sq Ft | View Prior Sale |
| 05/14/2015 05/14/15 | Pending | -- | -- | -- | |
| 12/11/2014 12/11/14 | For Sale | $915,000 | -- | $202 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $21,902 | $1,568,760 | $887,400 | $681,360 |
| 2024 | $20,520 | $1,492,974 | $832,320 | $660,654 |
| 2023 | $19,787 | $1,463,700 | $816,000 | $647,700 |
| 2022 | $17,231 | $1,206,225 | $589,710 | $616,515 |
| 2021 | $16,991 | $1,182,575 | $578,148 | $604,427 |
| 2019 | $16,276 | $1,147,500 | $561,000 | $586,500 |
| 2018 | $0 | $918,949 | $390,817 | $528,132 |
| 2016 | $12,851 | $883,267 | $375,642 | $507,625 |
| 2015 | $7,948 | $554,332 | $332,600 | $221,732 |
| 2014 | -- | $543,474 | $326,085 | $217,389 |
Source: Public Records
Agents Affiliated with this Home
-
Kevin King
-
Ryan Gonzalez
R
Seller Co-Listing Agent in 2022
Ryan Gonzalez
Lyon Stahl Investment Real Est
(562) 879-3206
21 Total Sales
-
Don Mossimo
D
Seller's Agent in 2015
Don Mossimo
Keystone Realty
(310) 970-1000
4 Total Sales
-
K
Buyer's Agent in 2015
Keith Thompson
BerkshireHathaway HomeServices
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW21126629
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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