NOT LISTED FOR SALE

13618 Doty Ave Hawthorne, CA 90250

5 Beds
2 Baths
16,202 Sq Ft
1.04 Acres

Last Sold September 06, 2016

Last sale price $3,605,000 $223 Per Sq Ft

38 Days on Market

About This Home

As of September 2016

• Majority Three Bedroom Cottage-Style Units
• Large Lot, Over One Acre of Land
• Substantial Rental Upside
• Garage Parking
• Private Patios in Some Units
• Individual Water Heaters
• Washer/Dryer Hook-ups

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

NoEmail NoEmail

NONMEMBER MRML

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1961

Lot Details

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

Parking

  • 13 Car Garage
  • Parking Available

Home Design

  • 16,202 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Listing and Financial Details

  • Tax Lot 45
  • Tax Tract Number 874
  • Assessor Parcel Number 4051009039

Community Details

Overview

  • 5 Buildings
  • 15 Units

Building Details

  • 16 Separate Electric Meters
  • 16 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $2,400
  • Insurance Expense $4,861
  • Maintenance Expense $16,248
  • Other Expense $1,000
  • Trash Expense $14,518
  • Water Sewer Expense $14,518
  • New Taxes Expense $44,950
  • Gross Income $22,567
  • Net Operating Income $164,185

Property Details

Home Type

Multi-Family

Year Built

Built in 1961

Lot Details

0

Parking

13

Listing Details

  • CapRate: 4.80
  • Property Attached: Yes
  • Water Sewer Expenses: 14518.00
  • Property Type: Residential Income
  • Gardener Expense: 2400.00
  • Parcel Number: 4051009039
  • Year Built: 1961
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Levels: One
  • Price Per Square Foot: 222.50

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 13.00
  • Parking: Yes
  • Parking Features: Covered, Garage
  • Total Parking Spaces: 113.00

Utilities

  • Utilities: Sewer Available
  • Trash Expense: 14518.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks

Lot Info

  • Land Lease: No
  • Lot Features: 11-15 Units/Acre, Lot Over 40000 Sqft
  • Lot Size Sq Ft: 45302.00
  • Price Per Lot Square Foot: 79.58
  • Lot Size Acres: 1.0400

Multi Family

  • Gross Income: 22567.00
  • Gross Multiplier: 12.72
  • Gross Scheduled Income: 270804.00
  • Insurance Expense: 4861.00
  • Lot Size Area: 45302.0000 Square Feet
  • Maintenance Expense: 16248.00
  • Maintenance Percent: 6.00
  • Net Operating Income: 164185.00
  • Number Of Separate Electric Meters: 16
  • Number Of Separate Gas Meters: 16
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 15
  • Operating Expense: 98495.00
  • Operating Expense Percent: 36.40
  • Other Expense: 1000.00
  • Other Expense Description: Admin
  • Other Income Description: Utility/Misc
  • Rent Control: No
  • Total Actual Rent: 21740.00
  • Vacancy Allowance Rate: 3.00

Tax Info

  • New Taxes Expense: 44950.00
  • Tax Lot: 45
  • Tax Tract Number: 874

Range of Values:

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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 List to Sale Price per Sq Ft
09/06/2016 09/06/16 Sold $3,605,000 +4.6% $223 / Sq Ft
03/28/2016 03/28/16 Pending -- -- --
02/19/2016 02/19/16 For Sale $3,445,000 -- $213 / 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: PW16035081

California Regional Multiple Listing Service (CRMLS)