NOT LISTED FOR SALE

12503 Grevillea Ave Unit A-D Hawthorne, CA 90250

Estimated Value: $1,424,000 - $1,669,050

8 Beds
4 Baths
3,599 Sq Ft
$434/Sq Ft Est. Value

Last Sold December 02, 2020

Last sale price $1,365,000 $379 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $9,363/month

17 Days on Market

Highlights

  • Gourmet Kitchen
  • Wood Flooring
  • Living Room
  • Traditional Architecture
  • Marble Countertops
  • Ceiling Fan

About This Home

As of December 2020

Centrally located on a walkable street in the heart of the South Bay. Minutes to the 405 freeway, SpaceX and the Hawthorne Airport and just behind the Hawthorne Police Department. Easy walking distance to banks, supermarkets, and other services. Three of the four 2 bedroom/ 1 bath units have updated and remodeled kitchens and bathrooms which include newer flooring, tile, fixtures, newer appliances ceiling fans, and window ACs. Each unit has its own single car garage space. Low maintenance makes this a perfect investment for an owner occupier. Exterior upgrades on the building include a new main electrical service, replacement of some of the waste lines, new central hot water heater and main line clean out. The building includes a laundry room with coin-operated machines. The building is professionally managed and falls under Statewide Rent Control rules. PENDING CANCELLATION of escrow.

Last Agent to Sell the Property

Michael Fucci

The Proud Crowd Inc. License #01886363 Listed on: 10/02/2020

Co-Listed By

Amalia Ochoa

The Proud Crowd Inc. License #01933675

Last Buyer's Agent

Carmela Jacobs

License #01103369

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,537

Year Built

  • Built in 1953 | Remodeled

Lot Details

  • 5,378 Sq Ft Lot
  • East Facing Home

Parking

  • 4 Car Garage

Home Design

  • Quadruplex
  • Traditional Architecture
  • Raised Foundation
  • Asphalt Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 3,599 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Living Room

Kitchen

  • Gourmet Kitchen
  • Oven or Range
  • Marble Countertops
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Remodeled Bathroom
  • 4 Bathrooms

Utilities

  • Vented Exhaust Fan
  • Heating System Mounted To A Wall or Window
  • Gas Water Heater
  • Central Water Heater
  • Sewer in Street

Listing and Financial Details

  • Tenant pays for gas, electricity
  • The owner pays for gardener, water, gas, electricity
  • Assessor Parcel Number 4041-011-029

Community Details

Overview

  • 4 Units
  • The Proud Crowd Managament Company Association

Additional Features

  • Laundry Facilities
  • Rent Control

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,537

Year Built

Built in 1953 | Remodeled

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential Income
  • Style: Traditional
  • Levels: Two
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Advertising Remarks: Centrally located on a walkable street in the heart of the South Bay. Minutes to the 405 freeway, SpaceX and the Hawthorne Airport and just behind the Hawthorne Police Department. Easy walking distance to banks, supermarkets, and other services. Three of the four 2 bedroom/ 1 bath units have updated and remodeled kitchens and bathrooms which include newer flooring, tile, fixtures, newer appliances ceiling fans, and window ACs. Each unit has its own single car garage space. Low maintenance makes this a perfect investment for an owner occupier. Exterior upgrades on the building include a new main electrical service, replacement of some of the waste lines, new central hot water heater and main line clean out. The building includes a laundry room with coin-operated machines. The building is professionally managed and falls under Statewide Rent Control rules. Broker/agent does not guarantee accuracy of any information concerning condition or features provided by seller or public records.
  • Alley: No
  • Building Permit: Yes
  • Living Area: 3599
  • Lot Acreage: 0.1235
  • Probate: No
  • Property Condition: Updated/Remodeled
  • Stories: 2
  • Year Built: 1953
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Hardwood, Laminate, Ceramic Tile
  • Bedrooms: 8
  • Common Walls: Attached
  • Bathroom Features: Remodeled
  • Kitchen Features: Gourmet Kitchen, Marble Counters, Granite Counters
  • Laundry: Community
  • Laundry Equipment: Own
  • Total Bathrooms: 4.00
  • Equipment: Garbage Disposal, Hood Fan, Range/Oven, Refrigerator, Vented Exhaust Fan, Ceiling Fan
  • Price Per S Q F T: 402.86

Exterior Features

  • Direction Faces: East
  • Construction: Stucco, Wood Siding
  • Other Structures: None
  • Tennis Court Y/N: No
  • Foundation Details: Raised
  • Paved: No
  • Pool: No
  • Roof: Asphalt
  • Spa Yn: No
  • View: No

Garage/Parking

  • Garage Spaces: 4
  • Garage Structures: 4
  • Number Rented Garages: 0
  • Parking Garage: Garage - 4+ Car
  • Total Parking: 4

Utilities

  • Water Heater: Central Water Heater, Gas
  • Heating: Wall
  • Number Electric Meters: 4
  • Number Gas Meters: 4
  • Sewer: In Street
  • Water: In Street
  • Water Heaters: Yes

Condo/Co-op/Association

  • Management Company: The Proud Crowd Managament Company
  • Mgmt Co Phone: 3106017436|

Lot Info

  • Additions Alterations: No
  • Assessed Improvement Percent: 19.17
  • Assessed Improvement Value: 87822
  • Assessed Land Percent: 80.83
  • Assessed Land Value: 370405
  • Total Assessed Value: 458227
  • Assessor Parcel Number: 4041-011-029
  • Lot Description: 2-4 Lots
  • Lot Size Area: 5378

Rental Info

  • Total Actual Rent: 7650.00
  • Land Lease Type: Fee
  • Owner Pays: Gardener, Water, Gas, Electricity
  • Rent Control: Yes
  • Tenant Pays: Gas, Electricity

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 15.79
  • Number Of Units: 4
  • Rent Control: 100
  • Type Of Units: Quadruplex

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2020
Closed on
Nov 27, 2020
Sold by
Lynne Joshua J and Lynne Kimberley P
Bought by
Ibekwe Uchenna
Seller's Agent
Michael Fucci
The Proud Crowd Inc.
Buyer's Agent
Carmela Jacobs
List Price
$1,449,900
Sold Price
$1,365,000
Premium/Discount to List
-$84,900
-5.86%
Current Estimated Value
$1,493,551

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$128,551
Avg. Annual Appreciation
2.79%
Original Mortgage
$1,365,000
Outstanding Balance
$1,215,257
Interest Rate
2.7%
Mortgage Type
Unknown
Estimated Equity
$347,256

Purchase Details

Closed on
Apr 6, 2018
Sold by
Williams Charles H
Bought by
Lynne Joshua J and Lynne Kimberley P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$862,500
Interest Rate
4.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 23, 2017
Sold by
Williams Charles H
Bought by
Williams Charles H and Williams Sidni R

Purchase Details

Closed on
Aug 1, 2016
Sold by
Williams Charles H
Bought by
Williams Charles H and Williams Sidni R

Purchase Details

Closed on
Sep 13, 2007
Sold by
Williams Charles H
Bought by
Williams Charles H and Charles H Williams Family Revocable Tr

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$635,000
Interest Rate
8.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 21, 2007
Sold by
Williams Charles H and Charles H Williams Family Revo
Bought by
Williams Charles H and Charles H Williams Family Revocable Tr

Purchase Details

Closed on
Aug 11, 2004
Sold by
Williams Charles H
Bought by
The Charles H Williams Family Revocable

Purchase Details

Closed on
Oct 26, 2001
Sold by
Garbutt Gilbert A and Garbutt Cicelia A
Bought by
Williams Charles H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
6.51%
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
Ibekwe Uchenna $1,365,000 Wfg National Title Co Of Ca
Lynne Joshua J $1,150,000 Chicago Title Company
Williams Charles H -- None Available
Williams Charles H -- None Available
Williams Charles H -- Accommodation
Williams Charles H -- Ticor Title Company Of Ca
Williams Charles H -- United General Title Ins Co
The Charles H Williams Family Revocable -- --
Williams Charles H $360,000 American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ibekwe Uchenna $1,365,000
Closed Ibekwe Uchenna $1,365,000
Previous Owner Lynne Joshua J $862,500
Previous Owner Williams Charles H $635,000
Previous Owner Williams Charles H $360,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/02/2020 12/02/20 Sold $1,365,000 -5.9% $379 / Sq Ft
11/13/2020 11/13/20 For Sale $1,449,900 0.0% $403 / Sq Ft
10/19/2020 10/19/20 Pending -- -- --
10/02/2020 10/02/20 For Sale $1,449,900 -- $403 / Sq Ft
Source: The MLS

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 $18,537 $1,477,518 $703,580 $773,938
2024 $18,537 $1,448,548 $689,785 $758,763
2023 $17,847 $1,420,146 $676,260 $743,886
2022 $18,114 $1,392,300 $663,000 $729,300
2021 $17,865 $1,365,000 $650,000 $715,000
2020 $15,941 $1,196,460 $520,200 $676,260
2019 $15,370 $1,173,000 $510,000 $663,000
2018 $6,528 $467,391 $377,813 $89,578
2016 $6,208 $449,243 $363,143 $86,100
2015 $6,072 $442,496 $357,689 $84,807
2014 $6,056 $433,829 $350,683 $83,146
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 20-641944

The MLS

APN: 4041-011-029