NOT LISTED FOR SALE

11841 Gale Ave Hawthorne, CA 90250

4 Beds
6 Baths
2,613 Sq Ft
5,991 Sq Ft Lot

Last Sold December 08, 2016

Last sale price $841,500 $322 Per Sq Ft

2 Days on Market

About This Home

As of December 2016

6 unit turnkey pride of ownership asset in highly desirable Northwest quadrant of non-rent controlled city of Hawthorne - West of Hawthorne Blvd. Units separately metered for gas and electricity keeping landlord expenses low. Building well maintained and professionally managed. Tenants enjoy onsite covered parking, laundry room, and quick access to public transportation and 405 and 110 freeways. Eucalyptus Park and Eucalyptus Elementary School only 2-3 blocks away. Perfect 1031 replacement property with limited inventory in South Bay. Operated as 6 units with four 1 bedroom 1 bath units and two studios. Tax assessor data reflects subject property as 5 units. Buyer to verify.

Last Agent to Sell the Property

Daron Case

Re/Max Commercial & Investment License #01702754 Listed on: 10/11/2016

Re/Max Commercial & Investment

Last Buyer's Agent

Daron Case

Re/Max Commercial & Investment License #01702754 Listed on: 10/11/2016

Re/Max Commercial & Investment

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1947

Lot Details

  • 5,991 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Interior Spaces

  • 2,613 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 6 Bathrooms

Parking

  • 6 Parking Spaces
  • 5 Carport Spaces

Listing and Financial Details

  • Tax Lot 50
  • Tax Tract Number 1084
  • Assessor Parcel Number 4044029009

Community Details

Overview

  • No Home Owners Association
  • 6 Units

Building Details

  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $1,227
  • Insurance Expense $2,077
  • Professional Management Expense $1,200
  • Trash Expense $2,016
  • Water Sewer Expense $1,542
  • New Taxes Expense $10,370
  • Gross Income $5,449
  • Net Operating Income $40,840

Property Details

Home Type

Apartment

Year Built

Built in 1947

Lot Details

0

Listing Details

  • CapRate: 4.80
  • Price Per Unit: 141667
  • Professional Management Expense: 1200.00
  • Property Attached: No
  • Water Sewer Expenses: 1542.00
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 4044029009
  • Year Built: 1947
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: No Common Walls
  • Price Per Square Foot: 322.04

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 5.00
  • Total Parking Spaces: 6.00

Utilities

  • Sewer: Public Sewer
  • Trash Expense: 2016.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5991.00

Multi Family

  • Electric Expense: 1227.00
  • Gross Income: 5449.00
  • Gross Multiplier: 12.88
  • Gross Scheduled Income: 65988.00
  • Insurance Expense: 2077.00
  • Net Operating Income: 40840.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 6
  • Operating Expense: 23168.00
  • Operating Expense Percent: 35.11
  • Rent Control: No
  • Vacancy Allowance: 1980
  • Vacancy Allowance Rate: 3.00

Tax Info

  • New Taxes Expense: 10370.00
  • Tax Lot: 50
  • Tax Tract Number: 1084

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 Change Sq Ft Price
12/08/2016 12/08/16 Sold $841,500 -1.0% $322 / Sq Ft
10/11/2016 10/11/16 For Sale $850,000 -- $325 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Daron Case

    Seller's Agent in 2016

    Daron Case

    RE/MAX

    (310) 802-2500

    2 Total Sales

    Daron Case
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB16723366

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

11841 Gale Ave, Hawthorne, CA

This home is located at 11841 Gale Ave, Hawthorne, CA 90250 since 11 October 2016. This property was built in 1947. 11841 Gale Ave is a home located in Los Angeles County with nearby schools including Eucalyptus School, Hawthorne Middle School, and Hawthorne 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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