NOT LISTED FOR SALE

12511 Ramona Ave Hawthorne, CA 90250

Estimated Value: $1,155,000 - $1,240,000

6 Beds
4 Baths
4,150 Sq Ft
$288/Sq Ft Est. Value

Last Sold February 22, 2024

Last sale price $1,125,000 $271 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $6,475/month

39 Days on Market

Highlights

  • 5 Car Garage
  • Property is near a park
  • Private Yard
  • Colonial Architecture
  • Corner Lot
  • No HOA

About This Home

As of February 2024

Three units in the heart of North Hawthorne sits a charming Multi-Family Gem! Nestled in the heart of Hawthorne, this split-level Dutch Colonial home presents a rare opportunity for savvy investors and homeowners alike. Boasting three individual units, this income-producing property is an excellent investment with a total of six bedrooms and four baths, offering both comfort and revenue potential. Property Highlights: This multi-family home features three distinct units, providing a unique blend of flexibility and income potential. Spacious Layout: The upstairs unit encompasses the entire top floor, offering a generous living space with two bedrooms and two baths. Above the 5 car garage sits an outdoor rooftop patio area that is easily accessed through the top floor unit. Ideal for an owner-occupied residence. The downstairs units have had some updates with each consisting of two bedrooms and one bathroom. Separate Utilities: With separate gas and electric meters for each unit, tenants and owners enjoy individual control over utility expenses. Convenient Parking: A five-car attached garage with washer and dryer hookups provides ample space for both parking and laundry needs. Additional room for 5 cars ensures convenience for all residents. Owner-Occupied Potential: Seize the chance to reside in a spacious, top-floor unit while benefitting from the rental income of the two lower units. This is a rare find in The City of Hawthorne and has not been on the market in over 50 years.. Whether you're an investor seeking a reliable income source or a homeowner looking for a spacious residence with rental opportunities, this property ticks all the boxes. Schedule a viewing today and discover the endless possibilities this unique multi-family home has to offer! Buyer to verify all information.

Last Agent to Sell the Property

Cuoe Arrigotti

Home Team Realty License #01245081 Listed on: 12/15/2023

Home Team Realty

Last Buyer's Agent

Cuoe Arrigotti

Home Team Realty License #01245081 Listed on: 12/15/2023

Home Team Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,521

Year Built

  • Built in 1960

Lot Details

  • 6,078 Sq Ft Lot
  • Lot Dimensions are 40 x 150
  • Two or More Common Walls
  • Northeast Facing Home
  • Wrought Iron Fence
  • Wood Fence
  • Brick Fence
  • Landscaped
  • Corner Lot
  • Rectangular Lot
  • Front Yard Sprinklers
  • Sprinklers on Timer
  • Private Yard
  • Lawn

Parking

  • 5 Car Garage
  • Parking Available
  • Workshop in Garage
  • Front Facing Garage
  • Driveway Up Slope From Street
  • Community Parking Structure

Home Design

  • Triplex
  • Colonial Architecture
  • Contemporary Architecture
  • Entry on the 1st floor
  • Raised Foundation
  • Slab Foundation
  • Wood Product Walls
  • Fire Rated Drywall
  • Shingle Roof
  • Rolled or Hot Mop Roof
  • Composition Roof
  • Wood Siding
  • Partial Copper Plumbing
  • Hardboard
  • Plaster

Interior Spaces

  • 4,150 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Ceiling Fan
  • Window Screens
  • Double Door Entry
  • Sliding Doors
  • Living Room

Kitchen

  • Galley Kitchen
  • Electric Oven
  • Electric Cooktop
  • Range Hood
  • Tile Countertops
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Laundry on upper level
  • Laundry in Garage
  • Washer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Exterior Lighting
  • Outdoor Storage

Location

  • Property is near a park
  • Property is near public transit

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas
  • Wall Furnace
  • 220 Volts in Workshop
  • Natural Gas Connected
  • Water Heater
  • Phone Available
  • Satellite Dish
  • Cable TV Available
  • TV Antenna

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, insurance, parking fee
  • Legal Lot and Block 4 / W
  • Tax Tract Number 602
  • Assessor Parcel Number 4041009011

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • Electric Expense $1
  • Fuel Expense $1
  • Gardener Expense $50
  • Insurance Expense $1
  • Pest Control $1
  • Supplies Expense $1
  • Trash Expense $1
  • Water Sewer Expense $1
  • Operating Expense $57
  • Gross Income $5
  • Net Operating Income $1

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,521

Year Built

Built in 1960

Lot Details

0

Parking

5

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Supplies Expense: 1.00
  • View: No
  • Water Sewer Expenses: 1.00
  • Zoning: HAR3YY
  • Architectural Style: Colonial, Contemporary
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Gardener Expense: 50.00
  • Parcel Number: 4041009011
  • Year Built: 1960
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Built-in Features, Ceiling Fan(s), Copper Plumbing Partial, Tile Counters, Unfurnished, Wood Product Walls
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Vinyl
  • Appliances: Yes
  • Door Features: Double Door Entry, Sliding Doors
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 271.08
  • Room Type: Entry, Galley Kitchen, Living Room
  • Window Features: Screens

Exterior Features

  • Direction Faces: Northeast
  • Foundation: Raised, Slab
  • Other Structures: Second Garage Attached, Storage
  • Exterior Features: Satellite Dish, TV Antenna
  • Fence: Yes
  • Fencing: Brick, Wood, Wrought Iron
  • Pool Private: No
  • Roof: Composition, Rolled/Hot Mop, Shingle
  • Spa: No
  • Construction Materials: Drywall Walls, Hardboard, Plaster, Wood Siding

Garage/Parking

  • Garage Spaces: 5.00
  • Parking: Yes
  • Parking Features: Driveway, Concrete, Paved, Driveway Up Slope From Street, Garage, Garage Faces Front, On Site, Private, Structure, Workshop in Garage
  • Total Parking Spaces: 5.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Electric Oven, Electric Cooktop, Disposal, Range Hood, Water Heater
  • Electric: 220 Volts in Workshop, Electricity - On Property
  • Heating Type: Natural Gas, Wall Furnace
  • Laundry Features: In Garage, Upper Level, Washer Hookup
  • Pest Control Expense: 1.00
  • Sewer: Public Sewer
  • Trash Expense: 1.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot, Front Yard, Landscaped, Lawn, Rectangular Lot, Near Public Transit, Park Nearby, Sprinklers In Front, Sprinklers Timer, Yard
  • Lot Size: 40 X 150
  • Lot Size Sq Ft: 6078.00
  • Lot Size Acres: 0.1395

Rental Info

  • Garage Rental Rate: 1.00
  • Tenant Pays: Cable TV, Electricity, Gas, Insurance, Parking Fee

Multi Family

  • Electric Expense: 1.00
  • Fuel Expense: 1.00
  • Garage Income: 5.00
  • Gross Income: 5.00
  • Gross Scheduled Income: 1.00
  • Insurance Expense: 1.00
  • Lot Size Area: 6078.0000 Square Feet
  • Net Operating Income: 1.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Units Total: 3
  • Number With Carpet: 3
  • Number With Dishwasher: 1
  • Number With Disposal: 3
  • Number With Patio: 1
  • Operating Expense: 1.00
  • Rent Control: No
  • Total Expenses: 57.00

Tax Info

  • Tax Area: 4260
  • Tax Block: W
  • Tax Census Tract: 6021.06
  • Tax Lot: 4
  • Tax Tract: 4260
  • Tax Tract Number: 602...

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 15, 2023
Closed on
Feb 7, 2024
Sold by
Theodore And Nettie Beach Living Trust
Bought by
Mirza Farhan I and Mirza Nuzhat
Seller's Agent
Cuoe Arrigotti
Home Team Realty
Buyer's Agent
Cuoe Arrigotti
Home Team Realty
List Price
$1,250,000
Sold Price
$1,125,000
Premium/Discount to List
-$125,000
-10%
Views
172
Current Estimated Value
$1,196,891

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$71,891
Avg. Annual Appreciation
3.76%
Original Mortgage
$1,012,300
Outstanding Balance
$993,592
Interest Rate
6.66%
Mortgage Type
New Conventional
Estimated Equity
$203,299

Purchase Details

Closed on
May 31, 2007
Sold by
Beach Theodore L
Bought by
Beach Theodore L and Theodore & Nettie Beach Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$335,800
Interest Rate
6.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 10, 2006
Sold by
Beach Theodore L and Beach Nettie Jane
Bought by
Beach Theodore L
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
Mirza Farhan I $1,125,000 None Listed On Document
Beach Theodore L -- Accommodation
Beach Theodore L -- Alliance Title Company
Beach Theodore L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mirza Farhan I $1,012,300
Previous Owner Beach Theodore L $335,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/22/2024 02/22/24 Sold $1,125,000 -6.2% $271 / Sq Ft
01/24/2024 01/24/24 Pending -- -- --
01/11/2024 01/11/24 Price Changed $1,199,000 -4.1% $289 / Sq Ft
12/15/2023 12/15/23 For Sale $1,250,000 -- $301 / 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 $2,521 $1,147,500 $714,000 $433,500
2024 $2,521 $134,540 $43,230 $91,310
2023 $2,456 $131,903 $42,383 $89,520
2022 $2,469 $129,317 $41,552 $87,765
2021 $2,423 $126,783 $40,738 $86,045
2019 $2,358 $123,025 $39,531 $83,494
2018 $2,210 $120,613 $38,756 $81,857
2016 $2,071 $115,931 $37,252 $78,679
2015 $2,030 $114,191 $36,693 $77,498
2014 $2,036 $111,955 $35,975 $75,980
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB23225145

California Regional Multiple Listing Service (CRMLS)

APN: 4041-009-011