NOT LISTED FOR SALE

13207 Ramona Ave Hawthorne, CA 90250

Estimated Value: $854,000 - $1,218,000

8 Beds
4 Baths
2,552 Sq Ft
$423/Sq Ft Est. Value

Last Sold February 20, 2019

Last sale price $825,000 $323 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $7,062/month

69 Days on Market

Highlights

  • Corner Lot
  • Laundry Room
  • 2 Car Garage
  • No HOA
  • Tile Flooring
  • Wall Furnace

About This Home

As of February 2019

DO NOT DISTURB THE CURRENT TENANTS OR WALK THE PROPERTY!!! This great HAWTHORNE-RAMONA tract TRIPLEX is perfect for an owner user or an investor looking for a long term income property. One 3 bed 2 bath, one 2 bed 1 bath, and one 3 bed 1 bath units. The 3 units are on a large 9000+ square foot corner lot and consists of a detached unit with a duplex next to it. The 3 bed 2 bath unit has been recently updated with new paint, flooring, window treatments and repairs and includes a two car garage with extra driveway parking. The other two units have off street parking. All three units have inside laundry washer-dryer hookups and are separately metered for gas and electric. HURRY-THIS IS A GREAT OPPORTUNITY AND WILL NOT LAST LONG!

Last Agent to Sell the Property

Evan Jay

Estate Properties License #01850561 Listed on: 09/14/2018

Estate Properties

Last Buyer's Agent

Mohamed Asif

Century 21 Union Realty License #01390231

Century 21 Union Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,847

Year Built

  • Built in 1922 | Remodeled

Lot Details

  • 9,001 Sq Ft Lot
  • Two or More Common Walls
  • Corner Lot

Parking

  • 2 Car Garage
  • Driveway
  • On-Street Parking

Home Design

  • Triplex
  • Fixer Upper
  • Raised Foundation
  • Composition Roof

Interior Spaces

  • 2,552 Sq Ft Home
  • 1-Story Property

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Outdoor Features

  • Rain Gutters

Utilities

  • Wall Furnace
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for all utilities
  • Tax Lot 387
  • Tax Tract Number 387
  • Assessor Parcel Number 4042010014

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units

Building Details

  • 2 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • Gardener Expense $360
  • Insurance Expense $950
  • Trash Expense $200
  • Water Sewer Expense $700
  • New Taxes Expense $11,249
  • Operating Expense $13,459
  • Net Operating Income $48,790

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,847

Year Built

Built in 1922 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Price Per Unit: 299967
  • Property Attached: Yes
  • Water Sewer Expenses: 700.00
  • Zoning: HAR1YY
  • Property Condition: Fixer, Updated/Remodeled
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Gardener Expense: 360.00
  • Parcel Number: 4042010014
  • Year Built: 1922
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Laminate, Tile
  • Levels: One
  • Price Per Square Foot: 323.28

Exterior Features

  • Foundation: Raised
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking Features: Driveway, Garage, Street
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Gas & Electric Dryer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 200.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 9001.00
  • Lot Size Acres: 0.2066

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Gross Scheduled Income: 51000.00
  • Insurance Expense: 950.00
  • Lot Size Area: 9001.0000 Square Feet
  • Net Operating Income: 48790.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Units Leased: 2
  • Number Of Units Total: 3
  • Operating Expense: 2210.00
  • Rent Control: No
  • Total Expenses: 13459.00

Tax Info

  • New Taxes Expense: 11249.00
  • Tax Census Tract: 6024.02
  • Tax Lot: 387
  • Tax Tract Number: 387

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 1, 2019
Sold by
Patel Paresh and Singh Teja
Bought by
Patel Paresh and Singh Teja
Current Estimated Value
$1,114,913

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$738,500
Outstanding Balance
$654,373
Interest Rate
3.75%
Estimated Equity
$424,434

Purchase Details

Listed on
Sep 14, 2018
Closed on
Feb 7, 2019
Sold by
Patel Amee
Bought by
Patel Paresh
Seller's Agent
Evan Jay
Estate Properties
Buyer's Agent
Mohamed Asif
Century 21 Union Realty
List Price
$899,900
Sold Price
$825,000
Premium/Discount to List
-$74,900
-8.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.21%

Purchase Details

Closed on
Nov 30, 2018
Sold by
Madlock Michael K
Bought by
Patekl Paresh and Singh Ruchika

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$618,750
Interest Rate
4.4%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jul 16, 1996
Sold by
Madlock Michael K Co Tr Marlly Trust
Bought by
Madlock Michael K
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
Patel Paresh -- Ticor Title
Patel Paresh -- Usa National Title Co Inc
Patekl Paresh $825,000 Usa National Title Co
Madlock Michael K -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patel Paresh $738,500
Previous Owner Patekl Paresh $618,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/20/2019 02/20/19 Sold $825,000 0.0% $323 / Sq Ft
11/22/2018 11/22/18 Pending -- -- --
09/29/2018 09/29/18 Off Market $825,000 -- --
09/14/2018 09/14/18 For Sale $899,900 -- $353 / 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 $11,847 $911,275 $441,830 $469,445
2024 $11,847 $893,408 $433,167 $460,241
2023 $11,422 $875,891 $424,674 $451,217
2022 $11,585 $858,718 $416,348 $442,370
2021 $11,430 $841,882 $408,185 $433,697
2020 $11,399 $841,500 $408,000 $433,500
2019 $4,317 $268,892 $140,495 $128,397
2018 $4,034 $263,621 $137,741 $125,880
2016 $3,810 $253,387 $132,394 $120,993
2015 $3,778 $249,582 $130,406 $119,176
2014 $3,829 $244,694 $127,852 $116,842
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB18190514

California Regional Multiple Listing Service (CRMLS)

APN: 4042-010-014