NOT LISTED FOR SALE

11628 Oxford Ave Hawthorne, CA 90250

Estimated Value: $1,272,000 - $1,433,283

7 Beds
4 Baths
3,635 Sq Ft
$378/Sq Ft Est. Value

Sale Details

Date Sold: November 15, 2017

Last sale price $924,000 $254 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $8,611 / mo

7 Days on Market

Highlights

  • Gated Parking
  • Lawn
  • Intercom
  • Wood Flooring
  • No HOA
  • Laundry Room

About This Home

As of November 2017

Incredible investment opportunity! 3 unit building, front unit is four bedrooms and two baths. The living room converted to the 4th bedroom. (without permits.) Spacious front unit with wood flooring throughout and rock fireplace in the family room. All bedrooms have carpet mirrored closet doors and ceiling fans. Beautiful kitchen which opens to a dining room and family room. Separate laundry area with washer dryer hookups and individual water heaters. Five car garage and a small carport area for storage or additional space. Two units are on top of the garage, and they have two bedrooms one bath each. One unit has wood flooring, mirrored wardrobe doors, and ceiling fans. The second unit has carpet throughout and a nice sized living room and kitchen. There is a small laundry room area inside the second car garage of the building. Take advantage of living in one unit and renting the other units to cover the mortgage. Close to 105th and the 405 freeway LAX airport and the New Rams Stadium. The rents are low, and there is room for an increase!

Last Agent to Sell the Property

Ramsey Oliveras

Estate Properties License #01141551 Listed on: 09/12/2017

Estate Properties

Last Buyer's Agent

Louis Perez

Tradewind Realty License #01218758

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1970

Lot Details

  • 7,051 Sq Ft Lot
  • 1 Common Wall
  • West Facing Home
  • Block Wall Fence
  • Fence is in average condition
  • Lawn
  • Front Yard
  • Density is up to 1 Unit/Acre

Parking

  • 5 Car Garage
  • 2 Open Parking Spaces
  • 1 Carport Space
  • Parking Available
  • Two Garage Doors
  • Gated Parking
  • Parking Lot
  • Assigned Parking

Home Design

  • Property Attached
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 3,635 Sq Ft Home
  • Ceiling Fan
  • Window Screens
  • Family Room with Fireplace

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Mirrored Closets Doors
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside

Home Security

  • Intercom
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Central Heating
  • Heating System Uses Natural Gas
  • Wall Furnace
  • Natural Gas Connected
  • Satellite Dish
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for all utilities
  • Tax Lot 81
  • Tax Tract Number 6713
  • Assessor Parcel Number 4047010021

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Amenities

  • Laundry Facilities

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $480
  • Fuel Expense $360
  • Insurance Expense $1,200
  • Trash Expense $738
  • Water Sewer Expense $1,680
  • New Taxes Expense $11,920
  • Operating Expense $16,378
  • Gross Income $48,806
  • Net Operating Income $48,806

Property Details

Home Type

Multi-Family

Year Built

Built in 1970

Lot Details

7,051 Sq Ft Lot

Parking

5

Listing Details

  • Assessments: No
  • CapRate: 5.28
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: No
  • Water Sewer Expenses: 1680.00
  • Zoning: HAR3YY
  • Property Type: Residential Income
  • Parcel Number: 4047010021
  • Year Built: 1970
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Ceiling Fan(s), Intercom
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Wood
  • Door Features: Mirror Closet Door(s)
  • Fireplace Features: Family Room
  • Levels: Two
  • Price Per Square Foot: 254.20
  • Room Type: Kitchen, Laundry, Master Bathroom, Master Bedroom
  • Window Features: Screens

Exterior Features

  • Direction Faces: West
  • Exterior Features: Satellite Dish
  • Fence: Yes
  • Fencing: Average Condition, Block
  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: No

Garage/Parking

  • Carport Spaces: 1.00
  • Garage Spaces: 5.00
  • Parking: Yes
  • Parking Features: Assigned, Carport, Concrete, Garage, Garage - Single Door, Garage - Two Door, Gated, Parking Space
  • Total Parking Spaces: 8.00
  • Uncovered Spaces: 2.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central, Wall Furnace, Natural Gas
  • Laundry Features: Common Area, Inside, Outside
  • Sewer: Public Sewer
  • Trash Expense: 738.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Front Yard, Lawn
  • Lot Size Sq Ft: 7051.00
  • Lot Size Acres: 0.1619

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Electric Expense: 480.00
  • Fuel Expense: 360.00
  • Gross Income: 48806.00
  • Gross Multiplier: 13.75
  • Gross Operating Income: 65184.00
  • Gross Scheduled Income: 67200.00
  • Gross Spendable Income: 48806.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 7051.0000 Square Feet
  • Net Operating Income: 48806.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 16378.00
  • Operating Expense Percent: 24.00
  • Rent Control: No
  • Total Actual Rent: 2300.00
  • Total Expenses: 16378.00
  • Vacancy Allowance Rate: 3.00

Tax Info

  • New Taxes Expense: 11920.00
  • Tax Census Tract: 6021.04
  • Tax Lot: 81
  • Tax Tract Number: 6713

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
Sep 12, 2017
Closed on
Sep 19, 2017
Sold by
Bought by
Seller's Agent
Ramsey Oliveras
Estate Properties
Buyer's Agent
Louis Perez
Tradewind Realty
List Price
$924,000
Sold Price
$924,000
Current Estimated Value
$1,372,321

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$448,321
Avg. Annual Appreciation
4.74%
Original Mortgage
$165,000
Interest Rate
4.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 3, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
6.66%
Mortgage Type
Balloon

Purchase Details

Closed on
Sep 17, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
5.94%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
$924,000 Ticor Title Co
$800,000 Progressive Title
$525,000 First Southwestern Title Co
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Previous Owner $165,000
Previous Owner $600,000
Previous Owner $420,000
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
11/15/2017 11/15/17 Sold $924,000 0.0% $254 / Sq Ft
09/12/2017 09/12/17 For Sale $924,000 -- $254 / 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 $14,042 $1,051,349 $682,696 $368,653
2024 $13,462 $1,030,735 $669,310 $361,425
2023 $12,972 $1,010,526 $656,187 $354,339
2022 $13,160 $990,713 $643,321 $347,392
2021 $12,975 $971,288 $630,707 $340,581
2019 $12,523 $942,880 $612,000 $330,880
2018 $10,733 $820,400 $545,000 $275,400
2017 $10,376 $820,000 $545,000 $275,000
2016 $9,399 $726,000 $482,000 $244,000
2015 $8,352 $645,000 $428,200 $216,800
2014 $7,560 $570,000 $378,400 $191,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV17204884

California Regional Multiple Listing Service (CRMLS)

APN: 4047-010-021

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