NOT LISTED FOR SALE
14 Beds
7 Baths
6,342 Sq Ft
0.45 Acre Lot

Sale Details

Date Sold: October 1, 2021

Last sale price $1,960,000 $309 Per Sq Ft

57 Days on Market

Highlights

  • No Units Above
  • No HOA
  • Wall Furnace
  • 0.45 Acre Lot
  • Tile Flooring
  • 1-Story Property

About This Home

As of October 2021

Great investor opportunity to purchase 7-unit income property on a large lot with future development potential. All units are 2 bedrooms, 1 bathroom, and 1 car garage. Total of 14 bedrooms, 7 bathrooms, and 7 garage parking spaces. Each unit has their own laundry hookups inside the kitchen. There is additional driveway parking aside from the 7 single car garages. The property is minutes from major employers, freeways and new developments.

Last Agent to Sell the Property

Joseph Geonetta

R.E.M.S. Inc License #01949303 Listed on: 05/26/2021

Last Buyer's Agent

Joseph Geonetta

R.E.M.S. Inc License #01949303 Listed on: 05/26/2021

Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1958

Lot Details

  • 19,521 Sq Ft Lot
  • No Units Above
  • No Units Located Below
  • 1 Common Wall
  • Density is 6-10 Units/Acre

Parking

  • 7 Car Garage
  • Parking Available
  • Single Garage Door
  • Combination Of Materials Used In The Driveway

Home Design

  • Property Attached
  • Slab Foundation
  • Composition Roof
  • Common Roof
  • Stucco

Interior Spaces

  • 6,342 Sq Ft Home
  • 1-Story Property
  • Laundry in Kitchen

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 14 Bedrooms
  • 7 Bathrooms

Utilities

  • Wall Furnace

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 288
  • Tax Tract Number 874
  • Assessor Parcel Number 4051026003

Community Details

Overview

  • No Home Owners Association
  • 4 Buildings
  • 7 Units

Amenities

  • Laundry Facilities

Building Details

  • 7 Leased Units
  • 7 Separate Electric Meters
  • 7 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Year Built

Built in 1958

Lot Details

0.45 Acres

Parking

7

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Zoning: HAR4*
  • Property Type: Residential Income
  • Parcel Number: 4051026003
  • Year Built: 1958
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: 1 Common Wall, No One Above, No One Below
  • Flooring: Carpet, Laminate, Tile
  • Levels: One
  • Price Per Square Foot: 309.05

Exterior Features

  • Foundation: Slab
  • Fence: No
  • Pool Private: No
  • Roof: Common Roof, Composition
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 7.00
  • Parking: Yes
  • Parking Features: Driveway - Combination, Garage - Single Door
  • Total Parking Spaces: 7.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: In Kitchen
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 6-10 Units/Acre, Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 19521.00
  • Lot Size Acres: 0.4481

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Scheduled Income: 143040.00
  • Lot Size Area: 19521.0000 Square Feet
  • Number Of Separate Electric Meters: 7
  • Number Of Separate Gas Meters: 7
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 7
  • Number Of Units Total: 7
  • Rent Control: No
  • Total Actual Rent: 11920.00

Tax Info

  • Tax Census Tract: 6025.05
  • Tax Lot: 288
  • Tax Tract Number: 874

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
May 26, 2021
Closed on
Aug 23, 2021
Sold by
Bought by
Seller's Agent
Joseph Geonetta
R.E.M.S. Inc
Buyer's Agent
Joseph Geonetta
R.E.M.S. Inc
List Price
$2,100,000
Sold Price
$1,960,000
Premium/Discount to List
-$140,000
-6.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,291,000
Outstanding Balance
$711,956
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 3, 1998
Sold by
Bought by

Purchase Details

Closed on
Dec 31, 1997
Sold by
Bought by

Purchase Details

Closed on
Apr 6, 1995
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

See All Agents

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
$1,960,000 Western Resources Title
-- --
-- --
-- --
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Open $1,291,000
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
10/01/2021 10/01/21 Sold $1,960,000 -1.5% $309 / Sq Ft
07/23/2021 07/23/21 Pending -- -- --
07/13/2021 07/13/21 Price Changed $1,990,000 -5.2% $314 / Sq Ft
05/26/2021 05/26/21 For Sale $2,100,000 -- $331 / 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 $27,877 $2,079,967 $1,379,570 $700,397
2024 $26,790 $2,039,184 $1,352,520 $686,664
2023 $25,826 $1,999,200 $1,326,000 $673,200
2022 $26,209 $1,960,000 $1,300,000 $660,000
2021 $7,817 $460,407 $409,771 $50,636
2020 $7,794 $455,687 $405,570 $50,117
2019 $7,596 $446,753 $397,618 $49,135
2018 $6,986 $437,994 $389,822 $48,172
2016 $6,508 $420,988 $374,686 $46,302
2015 $6,386 $414,665 $369,058 $45,607
2014 $6,406 $406,543 $361,829 $44,714
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB21112121

California Regional Multiple Listing Service (CRMLS)
Your Personal Tour Guide

Ask me questions while you tour the home.