NOT LISTED FOR SALE

13509 Cerise Ave Hawthorne, CA 90250

Estimated Value: $891,000 - $1,054,000

4 Beds
2 Baths
1,760 Sq Ft
$546/Sq Ft Est. Value

Last Sold November 21, 2018

Last sale price $656,500 $373 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $5,883/month

85 Days on Market

Highlights

  • Corner Lot
  • Central Air
  • Wall Furnace
  • Laundry Room
  • Carpet
  • Back and Front Yard

About This Home

As of November 2018

Located in the South Bay city of Hawthorne this non-rent controlled duplex should not go overlooked. The well maintained 2-(2 bed 1 bath) detached units have huge upside potential. The corner lot location and separation of units with front entries on 135th and Cerise show like two single family homes. The front has a large fenced in front yard and detached single car garage. In addition there is a gated back yard, eat-in kitchen, laundry area inside and A/C. The detached back unit opens to a large living room, eat-in kitchen, laundry inside and also has a fenced off backyard space with a single car garage. Expenses are estimated.

Last Agent to Sell the Property

Charles Fisher

Estate Properties License #01731424 Listed on: 06/27/2018

Estate Properties

Last Buyer's Agent

Araceli Reyes

Tower Agency License #01484848

Tower Agency

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,406

Year Built

  • Built in 1947

Lot Details

  • 6,997 Sq Ft Lot
  • No Common Walls
  • Corner Lot
  • Back and Front Yard

Parking

  • 2 Open Parking Spaces
  • 2 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • 1,760 Sq Ft Home

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen

Utilities

  • Central Air
  • Wall Furnace
  • Gas Water Heater

Additional Features

  • Gas Range
  • Exterior Lighting

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 40
  • Tax Tract Number 874
  • Assessor Parcel Number 4052004020

Community Details

Overview

  • 2 Buildings
  • 2 Units

Amenities

  • Laundry Facilities

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • Gardener Expense $600
  • Insurance Expense $1,500
  • Pest Control $420
  • Trash Expense $480
  • Water Sewer Expense $1,800
  • New Taxes Expense $7,800
  • Operating Expense $12,000
  • Net Operating Income $16,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,406

Year Built

Built in 1947

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 1800.00
  • Zoning: HAR3*
  • Property Type: Residential Income
  • Gardener Expense: 600.00
  • Parcel Number: 4052004020
  • Year Built: 1947
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: No Common Walls
  • Flooring: Carpet, Laminate, Vinyl
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 373.01

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range, Gas Water Heater
  • Heating Type: Wall Furnace
  • Laundry Features: Common Area, In Kitchen, Inside
  • Pest Control Expense: 420.00
  • Sewer: Public Sewer
  • Trash Expense: 480.00
  • Water Source: Public
  • Cooling: Central Air

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Corner Lot, Front Yard
  • Lot Size Sq Ft: 6997.00
  • Lot Size Acres: 0.1606

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average2 Bed Area: 900 Square Feet
  • Gross Scheduled Income: 28800.00
  • Insurance Expense: 1500.00
  • Lot Size Area: 6997.0000 Square Feet
  • Net Operating Income: 16800.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 12600.00
  • Rent Control: No
  • Total Actual Rent: 2400.00
  • Total Expenses: 12000.00

Tax Info

  • New Taxes Expense: 7800.00
  • Tax Census Tract: 6025.06
  • Tax Lot: 40
  • Tax Tract Number: 874

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 27, 2018
Closed on
Sep 26, 2018
Sold by
Tucker Leonard and Evelyn Fay Tucker Living Trust
Bought by
Monge Pedro A and Monge Rocio
Seller's Agent
Charles Fisher
Estate Properties
Buyer's Agent
Araceli Reyes
Tower Agency
List Price
$650,000
Sold Price
$656,500
Premium/Discount to List
$6,500
1%
Current Estimated Value
$960,875

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$304,375
Avg. Annual Appreciation
4.73%
Original Mortgage
$644,608
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 5, 2018
Sold by
The Evelyn Fay Tucker Living Trust
Bought by
Tucker Leonard L

Purchase Details

Closed on
May 20, 2010
Sold by
Tucker Evelyn Fay and The Ralph Jr & Evelyn Fay Tuck
Bought by
Tucker Evelyn Fay

Purchase Details

Closed on
Jul 12, 2002
Sold by
Tucker Ralph and Tucker Evelyn Fay
Bought by
Tucker Ralph and Tucker Evelyn Fay

Purchase Details

Closed on
Feb 7, 1994
Sold by
Tucker Ralph and Tucker Evelyn Fay
Bought by
Tucker Ralph and Tucker Evelyn Fay
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
Monge Pedro A $656,500 Progressive Title Company
Tucker Leonard L -- None Available
Tucker Evelyn Fay -- None Available
Tucker Evelyn Fay -- None Available
Tucker Ralph -- --
Tucker Ralph -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Monge Pedro A $644,608
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/21/2018 11/21/18 Sold $656,500 +1.0% $373 / Sq Ft
09/20/2018 09/20/18 Pending -- -- --
06/27/2018 06/27/18 For Sale $650,000 -- $369 / 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 $9,406 $731,774 $546,601 $185,173
2024 $9,406 $717,427 $535,884 $181,543
2023 $9,066 $703,361 $525,377 $177,984
2022 $9,199 $689,571 $515,076 $174,495
2021 $9,071 $676,051 $504,977 $171,074
2020 $9,046 $669,120 $499,800 $169,320
2019 $8,757 $656,000 $490,000 $166,000
2018 $1,392 $66,319 $37,687 $28,632
2016 $1,321 $63,746 $36,225 $27,521
2015 $1,297 $62,789 $35,681 $27,108
2014 $1,305 $61,560 $34,983 $26,577
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB18154846

California Regional Multiple Listing Service (CRMLS)

APN: 4052-004-020