Seller's Agent in 2015
David Holstein
The Holstein Group
(310) 891-3339
11 Total Sales
11617 Cedar Ave Hawthorne, CA 90250
5
Beds
4
Baths
4,279
Sq Ft
6,383
Sq Ft Lot
About This Home
As of June 2015Great unit mix with large 1 and 2 bedroom units. 1 unit is configured as a owner's unit with a 2 bedroom plus a Den and also with a traditional Fireplace, Washer Dryer hook ups and forced air heating . The rents are below market and there's upside potential on this 2 story investment offering in the non rent controlled city of Hawthorne. A potential 5.76% CAP rate (with market rents).
Located a few miles from the proposed NFL stadium, The Forum of Inglewood, LAX International Airport, and all major freeways, this asset should continue to stay fully occupied.
All utilities are separately metered for Gas and Electric. There is a central hot water heater.
Residents have 7 parking spaced 4 of which are covered and 1 enclosed garage, 2 open.
Great loan quotes available with 5 year fixed rates as low as 3.5%
Last Agent to Sell the Property
The Holstein Group License #01210777 Listed on: 04/20/2015
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1963
Lot Details
- 6,383 Sq Ft Lot
- Two or More Common Walls
- Density is up to 1 Unit/Acre
Parking
- 1 Car Garage
- 4 Carport Spaces
- Parking Available
- Assigned Parking
Home Design
- 4,279 Sq Ft Home
- Property Attached
Kitchen
- Gas Oven
- Disposal
Bedrooms and Bathrooms
- 5 Bedrooms
- 4 Bathrooms
Laundry
- Laundry in unit
- Leased Washer and Dryer
Listing and Financial Details
- Tenant pays for electricity, gas
- Tax Lot 135
- Tax Tract Number 14421
- Assessor Parcel Number 4047014016
Community Details
Building Details
- 6 Separate Electric Meters
- 6 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $500
- Insurance Expense $2,200
- Maintenance Expense $3,500
- Pest Control $100
- Trash Expense $2,900
- Water Sewer Expense $3,750
- New Taxes Expense $9,250
- Gross Income $5,225
- Net Operating Income $36,500
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 |
|---|---|---|---|---|
| 06/02/2015 06/02/15 | Sold | $755,000 | -11.2% | $176 / Sq Ft |
| 05/05/2015 05/05/15 | Pending | -- | -- | -- |
| 04/20/2015 04/20/15 | For Sale | $850,000 | -- | $199 / 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 | $12,949 | $907,386 | $408,625 | $498,761 |
| 2024 | $12,349 | $889,595 | $400,613 | $488,982 |
| 2023 | $11,920 | $872,153 | $392,758 | $479,395 |
| 2022 | $12,077 | $855,053 | $385,057 | $469,996 |
| 2021 | $11,917 | $838,288 | $377,507 | $460,781 |
| 2019 | $11,519 | $813,426 | $366,311 | $447,115 |
| 2018 | $11,071 | $797,478 | $359,129 | $438,349 |
| 2016 | $10,518 | $766,513 | $345,185 | $421,328 |
| 2015 | $6,994 | $479,205 | $162,437 | $316,768 |
| 2014 | -- | $469,819 | $159,256 | $310,563 |
Source: Public Records
Agents Affiliated with this Home
-
David Holstein
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB15083292
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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