$1,300,000
SOLD OCT 31, 2024

11717 Cedar Ave Hawthorne, CA 90250

7 Beds
-- Bath
4,698 Sq Ft
6,383 Sq Ft Lot

Recently Sold

$277 Per Sq Ft

8% Below List Price

12 Days on Market

Highlights

  • Laundry Room
  • Level Lot
  • Heating System Uses Natural Gas

About This Home

As of October 2024

Large 3bd - 2bath owners unit with fireplace and laundry hookups. Three 2bd -1ba units and two 1bd - 1ba units. Well maintained bldg. in strong rental area. Great upside. Close to shopping and schools.

Last Agent to Sell the Property

David Barrette

Barrette Real Estate Investments, Inc. Brokerage Phone: 310-503-6234 License #00649253 Listed on: 07/30/2024

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • 6,383 Sq Ft Lot
  • Two or More Common Walls
  • Level Lot
  • Density is 6-10 Units/Acre

Parking

  • 2 Open Parking Spaces
  • 2 Car Garage
  • 3 Carport Spaces

Home Design

  • Apartment
  • Entry on the 2nd floor
  • Planned Development
  • Shingle Roof
  • Partial Copper Plumbing
  • Stucco

Interior Spaces

  • 7 Bedrooms
  • 4,698 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace

Laundry

  • Laundry Room
  • Laundry in Kitchen
  • Gas And Electric Dryer Hookup

Location

  • Suburban Location

Utilities

  • Heating System Uses Natural Gas
  • Wall Furnace
  • Natural Gas Connected

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 142
  • Tax Tract Number 23
  • Assessor Parcel Number 4047014023
  • $1,775 per year additional tax assessments

Community Details

Overview

  • 6 Units

Building Details

  • 6 Leased Units
  • 5 Separate Electric Meters
  • 6 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $4,200
  • Insurance Expense $4,284
  • Maintenance Expense $1,728
  • Trash Expense $2,688
  • Water Sewer Expense $3,600
  • New Taxes Expense $17,040
  • Operating Expense $33,540
  • Gross Income $111,600
  • Net Operating Income $75,828

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • CapRate: 5.30
  • Price Per Unit: 236667
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Water Sewer Expenses: 3600.00
  • Zoning: HAR3YY
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 4047014023
  • Year Built: 1964
  • AgentOnly_SellerConsiderConcessionYN: No
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Copper Plumbing Partial
  • Stories: 2
  • Entry Location: ground with steps
  • Common Walls: 2+ Common Walls
  • Entry Level: 2
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 276.71

Exterior Features

  • Pool Private: No
  • Roof: Shingle
  • Construction Materials: Stucco

Garage/Parking

  • Carport Spaces: 3.00
  • Garage Spaces: 2.00
  • Total Parking Spaces: 7.00
  • Uncovered Spaces: 2.00

Utilities

  • Utilities: Electricity Available, Natural Gas Connected, Sewer Connected, Water Available, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Natural Gas, Wall Furnace
  • Laundry Features: Gas & Electric Dryer Hookup, In Kitchen, Inside
  • Sewer: Public Sewer
  • Trash Expense: 2688.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 6-10 Units/Acre, Level
  • Lot Size Sq Ft: 6383.00
  • Lot Size Acres: 0.1465

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Electric Expense: 4200.00
  • Gross Income: 111600.00
  • Gross Multiplier: 12.70
  • Gross Operating Income: 109368.00
  • Gross Scheduled Income: 111600.00
  • Insurance Expense: 4284.00
  • Lot Size Area: 6383.0000 Square Feet
  • Maintenance Expense: 1728.00
  • Net Operating Income: 75828.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 6
  • Number Of Units Total: 6
  • Number With Carpet: 6
  • Number With Disposal: 6
  • Number With Range: 6
  • Operating Expense: 33540.00
  • Rent Control: No
  • Total Actual Rent: 9300.00
  • Total Expenses: 33540.00
  • Vacancy Allowance Rate: 2.00

Tax Info

  • New Taxes Expense: 17040.00
  • Tax Area: 4260
  • Tax Census Tract: 6021.04
  • Tax Lot: 142
  • Tax Tract Number: 023
  • TaxOtherAnnualAssessmentAmount: 1775.49

Range of Values:

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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
10/31/2024 10/31/24 Sold $1,300,000 -8.5% $277 / Sq Ft
08/11/2024 08/11/24 Pending -- -- --
07/30/2024 07/30/24 For Sale $1,420,000 -- $302 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • David Barrette

    Seller's Agent in 2024

    David Barrette

    Barrette Real Estate Investments, Inc.

    (310) 542-1575

    1 in this area

    4 Total Sales

    David Barrette
    Section Image

  • N

    Buyer's Agent in 2024

    NoEmail NoEmail

    NONMEMBER MRML

    (646) 541-2551

    4 in this area

    5,953 Total Sales

    NoEmail NoEmail
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB24156209

California Regional Multiple Listing Service (CRMLS)
California Los Angeles County Hawthorne 90250

11717 Cedar Ave, Hawthorne, CA

This home is located at 11717 Cedar Ave, Hawthorne, CA 90250 and is currently priced at $1,300,000, approximately $276 per square foot. This property was built in 1964. 11717 Cedar Ave is a home located in Los Angeles County with nearby schools including York Elementary School, Prairie Vista Middle School, and Leuzinger High School.

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.

California Regional Multiple Listing Service (CRMLS) 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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