NOT LISTED FOR SALE

11929 Eucalyptus Ave Hawthorne, CA 90250

Estimated Value: $994,000 - $1,286,000

6 Beds
3 Baths
2,482 Sq Ft
$452/Sq Ft Est. Value

Last Sold April 28, 2015

Last sale price $640,000 $258 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $6,941/month

16 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • 3 Car Garage
  • Granite Countertops
  • Laundry Room
  • Wall Furnace

About This Home

As of April 2015

Great gated triplex with three 2-bedroom, 1 bath apartments close to new Hawthorne High School. Two units have been newly remodeled with laminate flooring, new tile, new vanities and fixtures, new granite counters, and baths have been reglazed. One unit also has custom-built brand new kitchen cabinets. Each unit has its own gas/electric meters, washer-dryer hookups, fireplace, garage and parking space, copper repiping. Landlord locks installed on all gates and doors so landlord needs just one master key. Large back yard for your tenant's enjoyment. Long-term tenants. Property is gated with a 6% CAP rate. This one won't last.

Last Agent to Sell the Property

Jessie Cheng

JM Commercial Properties, Inc. License #01950186 Listed on: 04/04/2015

Last Buyer's Agent

Juilane Azzinaro

The Real Estate Consultants License #01368737

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,929

Year Built

  • Built in 1957

Lot Details

  • 5,034 Sq Ft Lot
  • No Common Walls
  • Density is 2-5 Units/Acre

Parking

  • 3 Car Garage
  • Parking Available

Interior Spaces

  • 2,482 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Wood Flooring

Kitchen

  • Gas Range
  • Granite Countertops

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Outdoor Features

  • Rain Gutters

Utilities

  • Wall Furnace
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 1084
  • Tax Tract Number 6021
  • Assessor Parcel Number 4044028030

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $420
  • Insurance Expense $400
  • Water Sewer Expense $1,200
  • New Taxes Expense $8,450
  • Gross Income $4,075
  • Net Operating Income $38,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,929

Year Built

Built in 1957

Lot Details

0

Parking

3

Listing Details

  • CapRate: 6.00
  • Price Per Unit: 216000
  • Property Attached: No
  • View: No
  • Water Sewer Expenses: 1200.00
  • Property Type: Residential Income
  • Parcel Number: 4044028030
  • Year Built: 1957
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Granite Counters
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 257.86

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range, Gas Water Heater
  • Heating Type: Wall Furnace
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Gutters

Lot Info

  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 5034.00
  • Lot Size Acres: 0.1160

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Electric Expense: 420.00
  • Gross Income: 4075.00
  • Gross Scheduled Income: 48900.00
  • Insurance Expense: 400.00
  • Lot Size Area: 5034.0000 Square Feet
  • Net Operating Income: 38800.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Number With Disposal: 3
  • Number With Range: 3
  • Operating Expense: 10100.00
  • Rent Control: No
  • Vacancy Allowance Rate: 3.00

Tax Info

  • New Taxes Expense: 8450.00
  • Tax Lot: 1084
  • Tax Tract Number: 6021
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2015
Closed on
Apr 20, 2015
Sold by
Amintinat Farshid and Bade Amintinat Annette L
Bought by
Young Molly A
Seller's Agent
Jessie Cheng
JM Commercial Properties, Inc.
Buyer's Agent
Juilane Azzinaro
The Real Estate Consultants
List Price
$650,000
Sold Price
$640,000
Premium/Discount to List
-$10,000
-1.54%
Current Estimated Value
$1,122,102

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$482,102
Avg. Annual Appreciation
5.59%

Purchase Details

Listed on
Jun 4, 2013
Closed on
Jun 28, 2013
Sold by
Marmol Oswaldo P
Bought by
Amintinat Farshid and Bade Amintinat Annette L
Seller's Agent
Patricia Perazzolo
Worldwide Realty
Buyer's Agent
Larry Herman
Harcourts Hunter Mason Realty
List Price
$479,000
Sold Price
$500,000
Premium/Discount to List
$21,000
4.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.24%
Original Mortgage
$350,000
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 22, 2002
Sold by
Salomon Claudia
Bought by
Marmol Oswaldo P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,200
Interest Rate
7.08%

Purchase Details

Closed on
Mar 20, 2002
Sold by
Yu Jimmy C and Yu Diana H
Bought by
Marmol Oswaldo P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,200
Interest Rate
7.08%
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Young Molly A $640,000 Ticor Title Company
Amintinat Farshid $500,000 Fatcola
Marmol Oswaldo P -- Fidelity National Title Co
Marmol Oswaldo P $309,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Young Molly A $1,089,787
Previous Owner Amintinat Farshid $350,000
Previous Owner Marmol Oswaldo P $400,000
Previous Owner Marmol Oswaldo P $247,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2015 04/28/15 Sold $640,000 -1.5% $258 / Sq Ft
04/20/2015 04/20/15 Pending -- -- --
04/04/2015 04/04/15 For Sale $650,000 +30.0% $262 / Sq Ft
08/02/2013 08/02/13 Sold $500,000 +4.4% $201 / Sq Ft
06/17/2013 06/17/13 Pending -- -- --
06/04/2013 06/04/13 For Sale $479,000 -- $193 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

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 $9,929 $769,174 $600,920 $168,254
2024 $9,929 $754,093 $589,138 $164,955
2023 $9,570 $739,308 $577,587 $161,721
2022 $9,706 $724,812 $566,262 $158,550
2021 $9,574 $710,601 $555,159 $155,442
2019 $9,241 $689,527 $538,694 $150,833
2018 $8,856 $676,008 $528,132 $147,876
2016 $8,449 $649,760 $507,625 $142,135
2015 $6,706 $509,990 $305,994 $203,996
2014 $6,680 $500,000 $300,000 $200,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB15071141

California Regional Multiple Listing Service (CRMLS)

APN: 4044-028-030