NOT LISTED FOR SALE

11628 Freeman Ave Hawthorne, CA 90250

10 Beds
10 Baths
6,174 Sq Ft
6,950 Sq Ft Lot

Last Sold May 11, 2023

Last sale price $2,200,000 $356 Per Sq Ft

132 Days on Market

Highlights

  • City View
  • Den with Fireplace
  • Living Room Balcony
  • Midcentury Modern Architecture
  • Lawn
  • 1 Car Attached Garage

About This Home

As of May 2023

We are pleased to present this 8 unit offering located in an excellent North Hawthorne location in close proximity to major thoroughfares, and major South Bay employment hubs. The building has a unit mix of (2) 1 Bed/1 Bath, (2) 1 Bed/1 Bath w/ Den and (2) 2 Bed/2 Bath Units. The subject property consists of 6,174 square feet and sits on a 6,950 square foot lot zoned HAR3YY. The building was built in 1987 and features 12 individual parking spaces. The exterior has excellent curb appeal as the building and landscaping have been well maintained. A future investor will benefit from an excellent location just South of Imperial, East of Hawthorne and West of Prairie. With its close proximity to major employers and business hubs near LAX and El Segundo, the building is centrally located and ideal for prospective renters. Its location benefits from amenities along Hawthorne Blvd and is just a quick drive to major entertainment and dining centers in Manhattan, Hermosa, and Redondo Beach

Last Agent to Sell the Property

Will James

Lyon Stahl Investment Real Estate, Inc. License #01734419 Listed on: 11/17/2022

Lyon Stahl Investment Real Estate, Inc.

Co-Listed By

Peter James

Lyon Stahl Investment Real Estate, Inc. License #01748556

Last Buyer's Agent

Daniel Shieh

Lyon Stahl Investment Real Estate, Inc. License #01978847

Lyon Stahl Investment Real Estate, Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1987

Lot Details

  • 6,950 Sq Ft Lot
  • Lot Dimensions are 50x139
  • West Facing Home
  • Landscaped
  • Level Lot
  • Lawn
  • Front Yard

Parking

  • 1 Car Attached Garage
  • 12 Carport Spaces

Home Design

  • Midcentury Modern Architecture
  • Split Level Home
  • Flat Roof Shape
  • Rolled or Hot Mop Roof
  • Stucco

Interior Spaces

  • 6,174 Sq Ft Home
  • 3-Story Property
  • Den with Fireplace
  • City Views
  • Leased Washer and Dryer

Kitchen

  • Gas Oven
  • Gas and Electric Range
  • Microwave
  • Dishwasher
  • Tile Countertops
  • Disposal

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 10 Bathrooms

Home Security

  • Security Lights
  • Intercom
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Heating System Mounted To A Wall or Window
  • Gas Water Heater
  • Sewer in Street
  • Cable TV Available

Additional Features

  • Living Room Balcony
  • City Lot

Listing and Financial Details

  • Tenant pays for gas, electricity
  • The owner pays for gardener, water, electricity
  • Assessor Parcel Number 4047-012-004

Community Details

Building Details

  • Rent Control
  • Vacancy Allowance $4,813

Additional Features

  • 8 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1987

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Style: Mid-Century
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Alley: No
  • Entry Location: Ground Level w/steps
  • Living Area: 6174
  • Lot Acreage: 0.1596
  • Lot Dimensions: 50x139
  • Price Per Unit: 312500.00
  • Probate: No
  • Stories: 3
  • Year Built: 1987
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Intercom, Living Room Balcony
  • Fireplace Rooms: Den
  • Appliances: Gas/Electric Range, Microwave, Oven, Oven-Gas
  • Bedrooms: 10
  • Common Walls: Attached
  • Bathroom Features: Tile
  • Kitchen Features: Tile Counters
  • Laundry: Community
  • Laundry Equipment: Lease
  • Total Bathrooms: 10.00
  • Equipment: Refrigerator, Microwave, Hood Fan, Garbage Disposal, Intercom, Dishwasher
  • Price Per S Q F T: 380.63

Exterior Features

  • Direction Faces: West
  • Construction: Stucco
  • Other Features: Balcony
  • Other Structures: None
  • Tennis Court Y/N: No
  • Construction: Frame and Stucco
  • Patio: Balcony
  • Pool: No
  • Roof: Flat, Rolled/Hot Mop
  • Spa Yn: No
  • View: City
  • View: Yes

Garage/Parking

  • Carport Spaces: 12
  • Garage Spaces: 1
  • Covered Parking: 12
  • Parking Garage: Covered Parking, Garage Is Attached, Garage - 1 Car
  • Total Parking: 12

Utilities

  • TV Svcs: Cable TV
  • Water Heater: Gas
  • Heating: Wall
  • Security: Carbon Monoxide Detector(s), Exterior Security Lights, Smoke Detector
  • Sewer: In Street
  • Water: Public
  • Water Heaters: Yes

Lot Info

  • Assessed Improvement Percent: 60.61
  • Assessed Improvement Value: 1213059
  • Assessed Land Percent: 39.39
  • Assessed Land Value: 788383
  • Total Assessed Value: 2001442
  • Assessor Parcel Number: 4047-012-004
  • Lot Description: Front Yard, Single Lot, Landscaped, Lawn, Lot-Level/Flat
  • Lot Location: City
  • Lot Size Area: 6950

Rental Info

  • Total Actual Rent: 156240.00
  • Land Lease Type: Fee
  • Owner Pays: Gardener, Water, Electricity
  • Rent Control: Yes
  • Tenant Pays: Gas, Electricity

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 15.04
  • Number Of Units: 8
  • Rent Control: 100
  • Type Of Units: 1 and 2 Bed
  • Vacancy Allow: 4813
  • Vacancy Allow Percent: 3.00
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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
05/11/2023 05/11/23 Sold $2,200,000 -6.4% $356 / Sq Ft
03/29/2023 03/29/23 Pending -- -- --
02/27/2023 02/27/23 Price Changed $2,350,000 -2.1% $381 / Sq Ft
12/19/2022 12/19/22 Price Changed $2,400,000 -4.0% $389 / Sq Ft
11/17/2022 11/17/22 For Sale $2,500,000 -- $405 / Sq Ft
Source: The MLS

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 $29,217 $2,288,880 $1,248,480 $1,040,400
2024 $29,217 $2,244,000 $1,224,000 $1,020,000
2023 $26,264 $2,041,470 $804,150 $1,237,320
2022 $26,641 $2,001,442 $788,383 $1,213,059
2021 $26,287 $1,962,199 $772,925 $1,189,274
2019 $14,996 $1,058,128 $284,291 $773,837
2018 $14,447 $1,037,381 $278,717 $758,664
2016 $13,724 $997,100 $267,895 $729,205
2015 $13,423 $982,123 $263,871 $718,252
2014 $13,381 $962,886 $258,703 $704,183
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 22-219231

The MLS
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