NOT LISTED FOR SALE
11 Beds
6 Baths
5,395 Sq Ft
7,280 Sq Ft Lot

Sale Details

Date Sold: February 22, 2022

Last sale price $1,696,900 $315 Per Sq Ft

6 Days on Market

Highlights

  • No HOA
  • Ceiling Fan
  • Carpet
  • Central Heating
  • Laundry Facilities

About This Home

As of February 2022

This 5 Unit apartment building located in the city of Hawthorne consists of a 3 Bed / 2 Bath owner occupy style house in the front and 4 units that consist of a 2 Bed / 1 Bath. One of the units has its own private balcony. Units have been maintained. This is a great investment opportunity for investors who are looking to purchase a property in the city of Hawthorne.

Last Agent to Sell the Property

Freddy Okuda

ADW Management USA, Inc. License #02073148 Listed on: 12/23/2021

Last Buyer's Agent

Anoop Garg

The Real Estate Consultants Westside Inc. License #1060730

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Property Details

Home Type

  • Apartment

Year Built

  • Built in 1961

Lot Details

  • 7,280 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 5 Car Garage
  • Parking Available
  • Single Garage Door
  • Assigned Parking

Home Design

  • Shingle Roof

Interior Spaces

  • 5,395 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Living Room with Fireplace
  • Den with Fireplace
  • Washer and Gas Dryer Hookup

Kitchen

  • Gas Oven
  • Gas Range
  • Range Hood

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 6 Bathrooms

Utilities

  • Central Heating
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 85
  • Tax Tract Number 2
  • Assessor Parcel Number 4047015014
  • $1,702 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 5 Units

Amenities

  • Laundry Facilities

Building Details

  • 5 Leased Units
  • 6 Separate Electric Meters
  • 6 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $1,000
  • Fuel Expense $2,000
  • Gardener Expense $1,404
  • Insurance Expense $2,428
  • Maintenance Expense $5,000
  • Other Expense $1,420
  • Professional Management Expense $5,381
  • Trash Expense $2,880
  • Water Sewer Expense $4,000
  • New Taxes Expense $21,771
  • Operating Expense $47,284
  • Gross Income $110,940
  • Net Operating Income $60,327

Property Details

Home Type

Apartment

Year Built

Built in 1961

Lot Details

7,280 Sq Ft Lot

Parking

5

Listing Details

  • CapRate: 3.77
  • Professional Management Expense: 5381.00
  • Property Attached: No
  • Water Sewer Expenses: 4000.00
  • Zoning: HAR3YY
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Gardener Expense: 1404.00
  • Parcel Number: 4047015014
  • Year Built: 1961
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Ceiling Fan(s)
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Vinyl
  • Appliances: Yes
  • Fireplace Features: Den, Living Room
  • Levels: Two
  • Price Per Square Foot: 314.53

Exterior Features

  • Pool Private: No
  • Roof: Shingle

Garage/Parking

  • Garage Spaces: 5.00
  • Parking: Yes
  • Parking Features: Assigned, Garage - Single Door
  • Total Parking Spaces: 5.00

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Water Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Oven, Gas Range, Range Hood
  • Heating Type: Central, Wall Furnace
  • Laundry Features: Common Area, Gas Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 2880.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 7280.00
  • Lot Size Acres: 0.1671

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Electric Expense: 1000.00
  • Fuel Expense: 2000.00
  • Gross Income: 110940.00
  • Gross Multiplier: 14.42
  • Gross Operating Income: 107612.00
  • Gross Scheduled Income: 110940.00
  • Insurance Expense: 2428.00
  • Laundry Income: 720.00
  • Lot Size Area: 7280.0000 Square Feet
  • Maintenance Expense: 5000.00
  • Maintenance Percent: 4.50
  • Net Operating Income: 60327.00
  • Number Of Rented Garages: 5
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 5
  • Number Of Units Total: 5
  • Operating Expense: 47284.00
  • Operating Expense Percent: 43.00
  • Other Expense: 1420.00
  • Other Expense Description: Reserve
  • Rent Control: No
  • Total Actual Rent: 118200.00
  • Total Expenses: 47284.00
  • Vacancy Allowance Rate: 3.00

Tax Info

  • New Taxes Expense: 21771.00
  • Tax Census Tract: 6021.04
  • Tax Lot: 85
  • Tax Tract Number: 002...
  • TaxOtherAnnualAssessmentAmount: 1702.00

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
Dec 23, 2021
Closed on
Mar 22, 2022
Sold by
Bought by
Seller's Agent
Freddy Okuda
ADW Management USA, Inc.
Buyer's Agent
Anoop Garg
The Real Estate Consultants Westside Inc.
List Price
$1,600,000
Sold Price
$1,696,900
Premium/Discount to List
$96,900
6.06%

Purchase Details

Listed on
Dec 23, 2021
Closed on
Feb 4, 2022
Sold by
Bought by
Seller's Agent
Freddy Okuda
ADW Management USA, Inc.
Buyer's Agent
Anoop Garg
The Real Estate Consultants Westside Inc.
List Price
$1,600,000
Sold Price
$1,696,900
Premium/Discount to List
$96,900
6.06%

Purchase Details

Closed on
Nov 29, 2016
Sold by
Bought by

Purchase Details

Closed on
Nov 23, 2016
Sold by
Bought by

Purchase Details

Closed on
Mar 3, 2016
Sold by
Bought by

Purchase Details

Closed on
Jan 29, 2015
Sold by
Bought by

Purchase Details

Closed on
Feb 22, 2013
Sold by
Bought by

Purchase Details

Closed on
May 10, 2010
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Hawthorne, CA

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Purchase 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 Buyer Sale Price Title Company
-- Stewart Title Of California In
$1,697,000 Stewart Title Of California In
-- Fidelity National Title
$1,360,000 Fidelity National Title
$1,025,000 Ticor Title
-- None Available
-- None Available
-- None Available
Source: Public Records

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
02/22/2022 02/22/22 Sold $1,696,900 +6.1% $315 / Sq Ft
12/29/2021 12/29/21 Pending -- -- --
12/23/2021 12/23/21 For Sale $1,600,000 -- $297 / 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 $24,015 $1,800,762 $951,796 $848,966
2024 $23,088 $1,765,454 $933,134 $832,320
2023 $22,246 $1,730,838 $714,000 $1,016,838
2022 $19,996 $1,487,356 $503,076 $984,280
2021 $19,722 $1,458,193 $493,212 $964,981
2019 $19,042 $1,414,944 $478,584 $936,360
2018 $18,343 $1,387,200 $469,200 $918,000
2016 $3,720 $192,854 $52,362 $140,492
2015 $3,651 $189,958 $51,576 $138,382
2014 $3,661 $186,238 $50,566 $135,672
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB21268008

California Regional Multiple Listing Service (CRMLS)
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