NOT LISTED FOR SALE

13839 Jefferson Ave Hawthorne, CA 90250

Hawthorne Area

Estimated Value: $853,000 - $996,000

6 Beds
4 Baths
2,190 Sq Ft
$422/Sq Ft Est. Value

Sale Details

Date Sold: October 11, 2024

Last sale price $880,000 $402 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $5,910 / mo

35 Days on Market

About This Home

As of October 2024

We are excited to present a unique opportunity to purchase two detached, cottage-style units in prime Hawthorne. Each unit is situated on its own lot, with both lots adjacent to each other. Each home features 3 Bedrooms & 1 1/4 Bathrooms, together offering a total of 2,190 square feet of rental space. The homes are situated on two separate lots (2 APNs), which together encompass 8,652 square feet of land.

Each cottage benefits from thoughtful upgrades such as wood laminate flooring, and newer plumbing, enhancing both aesthetics and functionality. Tenants enjoy the convenience of private garage parking and individual laundry hookups, adding significant appeal and comfort.

Financially, the property is set up for success, with tenants responsible for electricity & gas, which optimizes cost-efficiency for the owner. Located in close proximity to key destinations such as Manhattan Beach, Sofi Stadium, and LAX Airport, the property benefits from its strategic positioning that offers continuous tenant demand.

Most notably, there exists a significant 30% upside in rental income (a buyer can take advantage of the fact that all units are scheduled for their annual rental increase), providing a lucrative opportunity for investors to increase revenue and capitalize on the property’s full potential in a high-demand area. This investment is ideal for those looking to expand their portfolio with a well-maintained and strategically located property.

Last Agent to Sell the Property

Kristopher German

RE/MAX 2000 REALTY Brokerage Phone: 909-645-0443 License #01800021 Listed on: 08/15/2024

RE/MAX 2000 REALTY

Last Buyer's Agent

Bonnie Tsai

Pinnacle Real Estate Group License #01908417

Pinnacle Real Estate Group

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Property Details

Home Type

  • Apartment

Year Built

  • Built in 1941

Lot Details

  • 8,652 Sq Ft Lot
  • No Common Walls
  • Density is 2-5 Units/Acre
  • 4045013016

Parking

  • 4 Open Parking Spaces
  • 2 Car Garage

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 2,190 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry in unit
  • Washer and Gas Dryer Hookup

Outdoor Features

  • Rain Gutters

Listing and Financial Details

  • Tenant pays for all utilities, electricity, gas, trash collection, water
  • Tax Lot 118
  • Tax Tract Number 1391
  • Assessor Parcel Number 4045013021
  • $518 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 2 Units

Amenities

  • Laundry Facilities

Building Details

  • 2 Leased Units
  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,075
  • Maintenance Expense $1,500
  • Water Sewer Expense $1,800
  • New Taxes Expense $10,954
  • Operating Expense $13,529
  • Gross Income $42,000
  • Net Operating Income $25,411

Property Details

Home Type

Apartment

Year Built

Built in 1941

Lot Details

8,652 Sq Ft Lot

Parking

2

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 1800.00
  • Zoning: HAR1YY
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 4045013021
  • Year Built: 1941
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 401.83

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 4.00

Utilities

  • Laundry: Yes
  • Laundry Features: Gas & Electric Dryer Hookup, Inside, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Curbs, Gutters, Sidewalks

Lot Info

  • Additional Parcels: Yes
  • Additional Parcels Description: 4045013016
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Lot 6500-9999
  • Lot Size Sq Ft: 8652.00
  • Lot Size Acres: 0.1986

Rental Info

  • Tenant Pays: All Utilities, Electricity, Gas, Trash Collection, Water

Multi Family

  • Gross Income: 42000.00
  • Gross Operating Income: 40740.00
  • Gross Scheduled Income: 42000.00
  • Insurance Expense: 1075.00
  • Lot Size Area: 8652.0000 Square Feet
  • Maintenance Expense: 1500.00
  • Net Operating Income: 25411.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 15239.00
  • Rent Control: Yes
  • Total Actual Rent: 3500.00
  • Total Expenses: 13529.00

Tax Info

  • New Taxes Expense: 10954.00
  • Tax Census Tract: 6024.04
  • Tax Lot: 118
  • Tax Tract Number: 1391
  • TaxOtherAnnualAssessmentAmount: 518.00

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 15, 2024
Closed on
Oct 9, 2024
Sold by
Bought by
Seller's Agent
Kristopher German
RE/MAX 2000 REALTY
Buyer's Agent
Bonnie Tsai
Pinnacle Real Estate Group
List Price
$925,000
Sold Price
$880,000
Premium/Discount to List
-$45,000
-4.86%
Views
42
Current Estimated Value
$923,857

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,857
Avg. Annual Appreciation
2.63%

Purchase Details

Listed on
Aug 15, 2024
Closed on
Oct 4, 2024
Sold by
Bought by
Seller's Agent
Kristopher German
RE/MAX 2000 REALTY
Buyer's Agent
Bonnie Tsai
Pinnacle Real Estate Group
List Price
$925,000
Sold Price
$880,000
Premium/Discount to List
-$45,000
-4.86%
Views
42

Purchase Details

Closed on
Mar 9, 2013
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Hawthorne, CA

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$880,000 Fidelity Title
-- Fidelity Title
-- None Available
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
10/11/2024 10/11/24 Sold $880,000 -4.9% $402 / Sq Ft
09/19/2024 09/19/24 Pending -- -- --
09/05/2024 09/05/24 For Sale $925,000 +5.1% $422 / Sq Ft
09/03/2024 09/03/24 Off Market $880,000 -- --
08/15/2024 08/15/24 For Sale $925,000 -- $422 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $10,098 $782,000 $650,000 $132,000
2024 $1,837 $109,218 $58,887 $50,331
2023 $1,786 $107,078 $57,733 $49,345
2022 $1,802 $104,979 $56,601 $48,378
2021 $1,777 $102,922 $55,492 $47,430
2019 $1,725 $99,871 $53,847 $46,024
2018 $1,601 $97,914 $52,792 $45,122
2016 $1,522 $94,114 $50,743 $43,371
2015 $1,491 $92,701 $49,981 $42,720
2014 $1,491 $90,886 $49,002 $41,884
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV24169396

California Regional Multiple Listing Service (CRMLS)

APN: 4045-013-021

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