NOT LISTED FOR SALE

13220 Cordary Ave Hawthorne, CA 90250

2 Beds
1 Bath
12,096 Sq Ft
0.26 Acres

Last Sold August 30, 2016

Last sale price $2,926,000 $242 Per Sq Ft

38 Days on Market

About This Home

As of August 2016

• All Two Bedroom Townhouse-Style Units
• 1986 Construction
• Substantial Rental Upside
• Covered Parking
• Gated Complex

Last Agent to Sell the Property

Peter Gillin

Morgan Skenderian License #01433769 Listed on: 02/19/2016

Co-Listed By

Doug Rodermund

Morgan Skenderian License #01314304

Last Buyer's Agent

NON-MEMBER NON-MEMBER

NON-MEMBER License #9999999

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1986

Lot Details

  • 0.26 Acre Lot
  • 1 Common Wall
  • Density is 11-15 Units/Acre

Home Design

  • 12,096 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Parking

  • 22 Parking Spaces
  • Parking Available
  • Covered Parking
  • Gated Parking

Listing and Financial Details

  • Tax Lot 8
  • Tax Tract Number 8679
  • Assessor Parcel Number 4050024031

Community Details

Overview

  • 2 Buildings
  • 14 Units

Building Details

  • 15 Separate Electric Meters
  • 15 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $1,200
  • Insurance Expense $3,629
  • Maintenance Expense $12,170
  • Other Expense $1,000
  • Professional Management Expense $4,200
  • Trash Expense $5,450
  • Water Sewer Expense $5,451
  • New Taxes Expense $34,341
  • Gross Income $16,903
  • Net Operating Income $129,310

Property Details

Home Type

Multi-Family

Year Built

Built in 1986

Lot Details

0

Listing Details

  • CapRate: 4.90
  • Professional Management Expense: 4200.00
  • Property Attached: Yes
  • Water Sewer Expenses: 5451.00
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 4050024031
  • Year Built: 1986
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 241.90

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Covered, Gated
  • Total Parking Spaces: 22.00

Utilities

  • Utilities: Sewer Available
  • Trash Expense: 5450.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks

Lot Info

  • Lot Features: 11-15 Units/Acre, Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 11200.00
  • Price Per Lot Square Foot: 261.25
  • Lot Size Acres: 0.2570

Multi Family

  • Gross Income: 16903.00
  • Gross Multiplier: 13.04
  • Gross Scheduled Income: 202836.00
  • Insurance Expense: 3629.00
  • Lot Size Area: 11200.0000 Square Feet
  • Maintenance Expense: 12170.00
  • Maintenance Percent: 6.00
  • Net Operating Income: 129310.00
  • Number Of Separate Electric Meters: 15
  • Number Of Separate Gas Meters: 15
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 14
  • Operating Expense: 67441.00
  • Operating Expense Percent: 33.20
  • Other Expense: 1000.00
  • Other Expense Description: Admin
  • Other Income Description: Utility/Misc
  • Rent Control: No
  • Total Actual Rent: 16455.00
  • Vacancy Allowance: 6085
  • Vacancy Allowance Rate: 3.00

Tax Info

  • New Taxes Expense: 34341.00
  • Tax Lot: 8
  • Tax Tract Number: 8679

Range of Values:

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List Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2016 08/30/16 Sold $2,926,000 +10.6% $242 / Sq Ft
03/28/2016 03/28/16 Pending -- -- --
02/19/2016 02/19/16 For Sale $2,645,000 -- $219 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW16035050

California Regional Multiple Listing Service (CRMLS)