NOT LISTED FOR SALE

11932 Manor Dr Hawthorne, CA 90250

24 Beds
22 Baths
14,832 Sq Ft
0.4 Acres

Last Sold May 19, 2020

Last sale price $4,050,000 $273 Per Sq Ft

30 Days on Market

About This Home

As of May 2020

*Seller Financing Available at Favorable Terms Compared to Today's Lenders*. *17 out of 18 Tenants Paid on Time for April Rent*. We are pleased to present for sale an eighteen (18) unit apartment complex, situated in South Bay city of Hawthorne. The offering comprises of two identical nine (9) unit apartments situated behind each other on one parcel. The buildings feature separate addresses and have different points of ingress/egress. The assets are also being sold for the first time since constructed in 1964 and offer a true value-add opportunity. Located at 11932 Manor Drive and 11933 Grevillea Avenue, the subject properties feature a highly desirable mix of 14 one-bedroom/one-bath units, 2 two-bedroom/two-bath units and 2 three-bedroom/two-bath units. The properties have 14 detached carport spaces and 4 garage spaces and the units are individually metered for gas and electricity. Recent capital improvements feature new windows and copper plumbing throughout both buildings.

Last Agent to Sell the Property

John Katnik

BRC Advisors- BH License #02002695 Listed on: 03/23/2020

BRC Advisors- BH

Last Buyer's Agent

John Katnik

BRC Advisors- BH License #02002695 Listed on: 03/23/2020

BRC Advisors- BH

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • 0.4

Parking

  • 18 Parking Spaces

Interior Spaces

  • 14,832 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 24 Bedrooms
  • 22 Bathrooms

Additional Features

  • 0.4 Acre Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 2 Buildings
  • 18 Units

Listing and Financial Details

  • Assessor Parcel Number 4044-020-009

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 14832
  • Stories: 2
  • Year Built: 1964
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 24
  • Total Bathrooms: 22.00
  • Price Per S Q F T: 303.40

Exterior Features

  • Other Structures: None
  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Total Parking: 18

Utilities

  • Heating: Wall

Lot Info

  • Assessed Improvement Value: 357005
  • Assessed Land Value: 111937
  • Assessor Parcel Number: 4044-020-009
  • Geocode Override: No
  • Lot Size Area: 17550

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 18.92
  • Number Of Units: 18
  • Type Of Units: 1+1,2+2,3+2

Range of Values:

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Average Value
Not Available
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

Property History

Date Event Price List to Sale Price per Sq Ft
05/19/2020 05/19/20 Sold $4,050,000 -10.0% $273 / Sq Ft
04/22/2020 04/22/20 Pending -- -- --
03/23/2020 03/23/20 For Sale $4,500,000 -- $303 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • John Katnik

    Seller's Agent in 2020

    John Katnik

    BRC Advisors- BH

    (310) 956-2291

    5 in this area

    69 Total Sales

    John Katnik
    Section Image
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Map

Source: The MLS

MLS Number: 20-566180

The MLS
California Los Angeles County Hawthorne 90250

11932 Manor Dr, Hawthorne, CA

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