NOT LISTED FOR SALE

12606 Cedar Ave Hawthorne, CA 90250

Estimated Value: $934,000 - $979,000

5 Beds
3 Baths
2,130 Sq Ft
$448/Sq Ft Est. Value

Last Sold July 13, 2015

Last sale price $510,000 $239 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $5,623/month

3 Days on Market

Highlights

  • Corner Lot
  • 2 Car Garage
  • Front Yard
  • Central Heating

About This Home

As of July 2015

This is the perfect opportunity to own two detached homes on a corner lot. The house facing Cedar Ave. is a two-bedroom, one-bath home with a porch out front. The home facing 126th St. is a three-bedroom, two-bath home with a large family room, spacious dine-in kitchen, porch entryway and two-car garage. In addition, both homes have new paint and carpet. Buy this as income property, or live in one home and have family living in the other. Not only are there numerous possibilities with this duplex, but it is also within walking distance to your neighborhood Starbucks. Don’t miss out.

Last Agent to Sell the Property

Jerry Carew

REMAX AEGIS License #01374136 Listed on: 06/17/2015

Last Buyer's Agent

Jerry Carew

REMAX AEGIS License #01374136 Listed on: 06/17/2015

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Lot Details

  • 6,376 Sq Ft Lot
  • No Common Walls
  • Corner Lot
  • Front Yard

Parking

  • 2 Car Garage
  • Parking Available

Home Design

  • 2,130 Sq Ft Home

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Additional Features

  • Exterior Lighting
  • Central Heating

Listing and Financial Details

  • Tax Lot 98
  • Tax Tract Number 6021
  • Assessor Parcel Number 4046029001

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $2,000
  • Trash Expense $600
  • Water Sewer Expense $1,200
  • New Taxes Expense $6,000
  • Gross Income $3,200
  • Net Operating Income $29,200

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

6,376 Sq Ft Lot

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Water Sewer Expenses: 1200.00
  • Property Type: Residential Income
  • Parcel Number: 4046029001
  • Year Built: 1960
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 239.00

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Heating Type: Central
  • Trash Expense: 600.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Lot Features: Front Yard, Corner Lot
  • Lot Size Sq Ft: 6376.00
  • Price Per Lot Square Foot: 79.99
  • Lot Size Acres: 0.1460

Multi Family

  • Gross Income: 3200.00
  • Gross Scheduled Income: 39000.00
  • Insurance Expense: 2000.00
  • Lot Size Area: 6376.0000 Square Feet
  • Net Operating Income: 29200.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 9800.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 6000.00
  • Tax Lot: 98
  • Tax Tract Number: 6021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2015
Closed on
Jun 22, 2015
Sold by
Jerkovsky Erna C
Bought by
Ggb Partners One Lp
Seller's Agent
Jerry Carew
REMAX AEGIS
Buyer's Agent
Jerry Carew
REMAX AEGIS
List Price
$510,000
Sold Price
$510,000
Current Estimated Value
$954,621

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$444,621
Avg. Annual Appreciation
6.05%

Purchase Details

Closed on
Apr 6, 2015
Sold by
Jerkovsky Erna C and Magdalena Tirheimer Trust
Bought by
Jerkovsky Erna C
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ggb Partners One Lp $510,000 Pacific Coast Title Company
Jerkovsky Erna C -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/13/2015 07/13/15 Sold $510,000 0.0% $239 / Sq Ft
06/20/2015 06/20/15 Pending -- -- --
06/17/2015 06/17/15 For Sale $510,000 -- $239 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $7,867 $603,729 $402,487 $201,242
2024 $7,867 $591,893 $394,596 $197,297
2023 $7,586 $580,288 $386,859 $193,429
2022 $7,694 $568,911 $379,274 $189,637
2021 $7,584 $557,757 $371,838 $185,919
2020 $7,562 $552,039 $368,026 $184,013
2019 $7,323 $541,215 $360,810 $180,405
2018 $7,015 $530,604 $353,736 $176,868
2016 $6,694 $510,000 $340,000 $170,000
2015 $1,357 $68,089 $40,775 $27,314
2014 -- $66,756 $39,977 $26,779
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB15131620

California Regional Multiple Listing Service (CRMLS)

APN: 4046-029-001

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