NOT LISTED FOR SALE
4 Beds
6 Baths
2,613 Sq Ft
5,991 Sq Ft Lot

Sale Details

Date Sold: December 8, 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

Daron Case License #01702754 Listed on: 10/11/2016

Last Buyer's Agent

Daron Case

Daron Case License #01702754 Listed on: 10/11/2016

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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

5,991 Sq Ft Lot

Listing Details

  • CapRate: 4.80
  • 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 Rate: 3.00

Tax Info

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

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
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

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
2026 $13,613 $995,567 $403,670 $591,897
2025 $13,613 $976,047 $395,755 $580,292
2024 $13,100 $956,910 $387,996 $568,914
2023 $12,638 $938,148 $380,389 $557,759
2022 $12,807 $919,754 $372,931 $546,823
2021 $12,646 $901,720 $365,619 $536,101
2020 $12,612 $892,475 $361,871 $530,604
2019 $12,219 $874,976 $354,776 $520,200
2018 $11,780 $857,820 $347,820 $510,000
2016 $6,976 $478,007 $278,638 $199,369
2015 $6,825 $470,828 $274,453 $196,375
2014 $6,808 $461,606 $269,077 $192,529
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB16723366

California Regional Multiple Listing Service (CRMLS)
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