$1,350,000
SOLD NOV 19, 2024

11708 Birch Ave Hawthorne, CA 90250

8 Beds
7 Baths
4,791 Sq Ft
6,388 Sq Ft Lot

Recently Sold

$282 Per Sq Ft

2% Below List Price

6 Days on Market

Highlights

  • Living Room with Fireplace
  • 5 Detached Carport Spaces
  • West Facing Home
  • Balcony

About This Home

As of November 2024

We are proud to present this 5-unit apartment in the South Bay city of Hawthorne! Consisting of 5 massive units just east of Hawthorne Blvd and south of Imperial Hwy, this property offers a unique opportunity to acquire the perfect property for a first-time investor or seasoned professional! The property has been in the same family for over 50 years, making this a rare value-add investment with true upside. The offering features a total of 5 apartment units consisting of 4,791 total building square feet on a 6,388 square foot lot. The unit mix comprises of three large 1-bedroom/1-bathroom (about 750-825 sq ft each), one 2-bedroom/1.5-bathroom unit (864 sq ft) and one 3-bedroom/2-bathroom owner's unit (1,336 sq ft) with private washer/dryer and fireplace! Two upstairs units enjoy private balconies!In the back of the property, there are 5 single carport spaces along with ample street parking as the area consists of mainly single-family homes and smaller multifamily properties. Electricity and gas are individually metered for each unit keeping utility costs relatively low. There is a common area laundry room on-site for tenants to enjoy. Hawthorne does not have local rent control, making this property subject to AB-1482 allowing healthy rent increases for the future owner. The property is in a central location close to SpaceX, Tesla, SoFi Stadium and the Intuit Dome. The location also provides easy access to the 105 and 405 freeways. Do not miss your opportunity to own in this highly desirable South Bay city!

Last Agent to Sell the Property

John Katnik

BRC Advisors- BH License #02002695 Listed on: 09/24/2024

BRC Advisors- BH

Last Buyer's Agent

Joshua Cohen

Keller Williams South Bay License #01346713

Keller Williams South Bay

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1962

Lot Details

  • 6,388 Sq Ft Lot
  • West Facing Home

Interior Spaces

  • 4,791 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 7 Bathrooms

Laundry

  • Laundry in unit
  • Leased Washer and Dryer

Parking

  • 5 Parking Spaces
  • 5 Detached Carport Spaces

Additional Features

  • Balcony
  • Heating System Mounted To A Wall or Window

Community Details

  • 5 Units
  • Laundry Facilities

Listing and Financial Details

  • Tenant pays for gas, electricity
  • The owner pays for water, gardener
  • Assessor Parcel Number 4047-014-009

Property Details

Home Type

Multi-Family

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: Two
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Alley: No
  • Living Area: 4791
  • Lot Acreage: 0.1466
  • Probate: No
  • Stories: 2
  • Year Built: 1962
  • Number Of Photos: 17
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace Rooms: Living Room
  • Bedrooms: 8
  • Common Walls: Attached
  • Laundry: Community, In Unit
  • Laundry Equipment: Lease
  • Total Bathrooms: 7.00
  • Price Per S Q F T: 287.00

Exterior Features

  • Direction Faces: West
  • Other Features: Balcony
  • Other Structures: None

Garage/Parking

  • Carport Spaces: 5
  • Covered Parking: 5
  • Parking Garage: Carport Detached
  • Total Parking: 5

Utilities

  • Heating: Wall
  • Water Heaters: Yes

Lot Info

  • Assessed Improvement Percent: 63.32
  • Assessed Improvement Value: 420260
  • Assessed Land Percent: 36.68
  • Assessed Land Value: 243482
  • Total Assessed Value: 663742
  • Assessor Parcel Number: 4047-014-009
  • Lot Size Area: 6388

Rental Info

  • Owner Pays: Water, Gardener
  • Tenant Pays: Gas, Electricity

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 13.10
  • Number Of Units: 5
  • Total Annual Expense: 40137
  • Type Of Units: mixed
  • Vacancy Allow Percent: 3.00
  • Vacancy Rate: 0%

Tax Info

  • Private Transfer Taxes: No

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
11/19/2024 11/19/24 Sold $1,350,000 -1.8% $282 / Sq Ft
09/30/2024 09/30/24 Pending -- -- --
09/24/2024 09/24/24 For Sale $1,375,000 -- $287 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: The MLS

MLS Number: 24-444365

The MLS

APN: 4047-014-009