NOT LISTED FOR SALE

11975 Truro Ave Hawthorne, CA 90250

Estimated Value: $1,317,000 - $2,062,311

11 Beds
9 Baths
6,039 Sq Ft
$288/Sq Ft Est. Value

Last Sold February 26, 2019

Last sale price $1,500,000 $248 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $10,926/month

306 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • Controlled Entrance
  • Side by Side Parking
  • Forced Air Heating System
  • Paved or Partially Paved Lot

About This Home

As of February 2019

BACK ON THE MARKET DON’T MISS OUT ON THIS GREAT OPPORTUNITY INVESTING ON THIS GREAT BUY. HUGE PROPERTY WITH A LOTS OF INCOME POTENTIAL

DO NOT GO ON PROPERTY. OR DISTURB THE TENANTS. Multi-Family Residence, 11 BEDROOM 8 BATH Very private, with all amenities like a home. 4 units Unfurnished, one first floor Apartment, 4# bedrooms 3# Baths, second floor one, 3# bedroom, 2#bathroom and two units 2# bedroom 2# bath apartments. total of 4 units Each apartment has Tile Floors, there is a 2 car garage with garage door and 4 Covered parking stalls. Each apartment has their own custom stove, dishwasher, two of the apartments have their own patio very privet. Each apartment has central heating, washer and dryer hookups in some of the units. There is a Laundry room on property. Situated just minutes from the Los Angeles international airport the noise is very low you can’t hear the planes. Only 15 miles south of downtown Los Angeles and five miles from storefront communities such as Pales Verde's, Redondo Beach, Manhattan Beach, Torrance, Hawthorne delivers all the convenience of coastal Los Angeles living. Hawthorne's affordable housing and heavy concentration of apartments, makes this the best investment for your family of investors. Most of the apartments in the area are kept in the family for a life time. This available apartment building is a chance of a life time, for you and your investors to get a piece of Los Angeles.

Last Agent to Sell the Property

Ruben Aldana

Ruben Roque Aldana License #01010286 Listed on: 03/21/2018

Last Buyer's Agent

Kirby Larson

Estate Properties License #00593173

Estate Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $21,156

Year Built

  • Built in 1963

Lot Details

  • 7,817 Sq Ft Lot
  • Two or More Common Walls
  • Paved or Partially Paved Lot
  • Front Yard Sprinklers
  • Sprinklers on Timer

Parking

  • 2 Car Garage
  • 4 Carport Spaces
  • Parking Available
  • Side by Side Parking
  • Assigned Parking
  • Controlled Entrance

Home Design

  • Quadruplex

Interior Spaces

  • 6,039 Sq Ft Home
  • 2-Story Property
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Room with Fireplace

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 9 Bathrooms

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Tax Lot 23
  • Tax Tract Number 1084
  • Assessor Parcel Number 4044026004

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Amenities

  • Laundry Facilities

Building Details

  • 5 Leased Units
  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $1,800
  • Fuel Expense $200
  • Insurance Expense $3,000
  • Trash Expense $1,000
  • New Taxes Expense $22,500
  • Operating Expense $6,000
  • Gross Income $89,340
  • Net Operating Income $89,340

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$21,156

Year Built

Built in 1963

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • Zoning: HAR3YY
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 4044026004
  • Year Built: 1963
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Fireplace Features: Dining Room, Family Room, Living Room
  • Levels: Two
  • Price Per Square Foot: 248.39

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 4.00
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned, Controlled Entrance, Covered, Concrete, Private, Side by Side
  • Total Parking Spaces: 6.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Forced Air
  • Laundry Features: Common Area, Gas & Electric Dryer Hookup, Gas Dryer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 1000.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Paved, Sprinklers In Front, Sprinklers Timer
  • Lot Size Sq Ft: 7817.00
  • Lot Size Acres: 0.1795

Multi Family

  • Electric Expense: 1800.00
  • Fuel Expense: 200.00
  • Gross Income: 89340.00
  • Gross Scheduled Income: 95340.00
  • Insurance Expense: 3000.00
  • Lot Size Area: 7817.0000 Square Feet
  • Net Operating Income: 89340.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 5
  • Number Of Units Total: 4
  • Operating Expense: 6000.00
  • Rent Control: No
  • Total Actual Rent: 7945.00
  • Total Expenses: 6000.00

Tax Info

  • New Taxes Expense: 22500.00
  • Tax Census Tract: 6021.03
  • Tax Lot: 23
  • Tax Tract Number: 1084

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2018
Closed on
Feb 12, 2019
Sold by
Iroezl Chukwuma J and Iroezl Stella C
Bought by
Larson Kirby D and Larson Sarah Susan
Seller's Agent
Ruben Aldana
Ruben Roque Aldana
Buyer's Agent
Kirby Larson
Estate Properties
List Price
$1,800,000
Sold Price
$1,500,000
Premium/Discount to List
-$300,000
-16.67%
Current Estimated Value
$1,741,828

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$241,828
Avg. Annual Appreciation
2.27%
Original Mortgage
$1,200,000
Outstanding Balance
$82,216
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$1,659,612

Purchase Details

Closed on
Jul 27, 2000
Sold by
Sepulveda Lorenzo
Bought by
Iroezi Chukwuma J and Iroezi Stella C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$343,455
Interest Rate
7.98%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
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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
Larson Kirby D $1,500,000 Fidelity National Title Co
Iroezi Chukwuma J $332,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Larson Kirby D $1,200,000
Previous Owner Iroezi Chukwuma J $343,455
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/26/2019 02/26/19 Sold $1,500,000 -6.2% $248 / Sq Ft
11/03/2018 11/03/18 Price Changed $1,599,000 -9.9% $265 / Sq Ft
08/25/2018 08/25/18 Price Changed $1,775,000 -1.4% $294 / Sq Ft
03/21/2018 03/21/18 For Sale $1,800,000 -- $298 / 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 $21,156 $1,673,274 $669,309 $1,003,965
2024 $21,156 $1,640,466 $656,186 $984,280
2023 $20,375 $1,608,301 $643,320 $964,981
2022 $20,676 $1,576,766 $630,706 $946,060
2021 $20,378 $1,545,850 $618,340 $927,510
2019 $6,764 $448,452 $148,581 $299,871
2018 $6,419 $439,660 $145,668 $293,992
2016 $6,078 $422,589 $140,012 $282,577
2015 $5,949 $416,242 $137,909 $278,333
2014 $5,936 $408,089 $135,208 $272,881
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW18065544

California Regional Multiple Listing Service (CRMLS)

APN: 4044-026-004