NOT LISTED FOR SALE

Estimated Value: $842,000 - $894,783

4 Beds
2 Baths
1,611 Sq Ft
$542/Sq Ft Est. Value

Sale Details

Date Sold: January 15, 2019

Last sale price $655,000 $407 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $5,599 / mo

69 Days on Market

Highlights

  • Traditional Architecture
  • Double Pane Windows
  • Vinyl Fence
  • No HOA
  • Outdoor Grill
  • Heating System Uses Natural Gas

About This Home

As of January 2019

Amazing Investment Opportunity to Own UNITS in East Hawthorne With two cash flowing & Performing Units! Both Units have been fully renovated, including Updated Electrical, Newer Roof, Interior & Exterior Paint, Seller spent 10K on New Vinyl fencing!! New copper plumbing including sewer line. In unit Laundry Hook-Ups, Some New Dual Pane Windows, Tiled Showers and Floors in Bathrooms, Wood Laminate Flooring, New Light Fixtures and Baseboard. The Kitchens have been Completely Remodeled with New Cabinetry, Countertops, and Appliances. Both Units have plenty of parking and space to BBQ and Relax outside. Unit Mix Consists of (1) 2bed/1bath 792 Sq Ft leased at $1,785/mo and (1) 2bed/1bath 819 Sq Ft. leased at $2,150. Tenants Pay ALL Utilities, Water, Sewer, Trash, Electricity, and Gas! Close to Spacex,shops and bus stops .This Investment Property Will not Last!

Last Agent to Sell the Property

Vahe Zargarian

Keller Williams Real Estate Services License #01344220 Listed on: 09/26/2018

Keller Williams Real Estate Services

Last Buyer's Agent

Sonia Vasquez

Vismar Real Estate License #01836081

Vismar Real Estate

Range of Values:

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

Home Type

  • Multi-Family

Year Built

  • Built in 1952 | Remodeled

Lot Details

  • 5,126 Sq Ft Lot
  • Two or More Common Walls
  • Vinyl Fence
  • Block Wall Fence
  • Back Yard

Parking

  • 4 Car Garage
  • Parking Available

Home Design

  • Duplex
  • Traditional Architecture
  • Entry on the 1st floor
  • Asphalt Roof

Interior Spaces

  • 1,611 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Laminate Flooring

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry in unit
  • Washer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas
  • Wall Furnace
  • Natural Gas Connected
  • Gas Water Heater
  • Sewer Paid

Additional Features

  • Outdoor Grill
  • Urban Location

Listing and Financial Details

  • Tenant pays for all utilities, cable TV, electricity, telephone, water
  • Tax Lot 41
  • Tax Tract Number 874
  • Assessor Parcel Number 4052005006

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Amenities

  • Laundry Facilities

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $1,450
  • Trash Expense $43
  • Water Sewer Expense $48
  • New Taxes Expense $8,125
  • Operating Expense $9,666
  • Gross Income $47,220
  • Net Operating Income $38,583

Property Details

Home Type

Multi-Family

Year Built

Built in 1952 | Remodeled

Lot Details

5,126 Sq Ft Lot

Parking

4

Listing Details

  • Property Attached: Yes
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: No
  • Water Sewer Expenses: 48.00
  • Zoning: HAR3*
  • Architectural Style: Traditional
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 4052005006
  • Year Built: 1952
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Flooring: Laminate
  • Appliances: Yes
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 406.58
  • Window Features: Double Pane Windows

Exterior Features

  • Exterior Features: Barbecue Private
  • Fence: Yes
  • Fencing: Block, Vinyl
  • Pool Private: No
  • Roof: Asphalt

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Concrete, On Site
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Oven, Gas Range, Gas Cooktop, Gas Water Heater
  • Heating Type: Wall Furnace, Natural Gas
  • Laundry Features: Inside, Washer Hookup
  • Sewer: Sewer Paid
  • Trash Expense: 43.00
  • Water Source: Public
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard
  • Lot Size Sq Ft: 5126.00
  • Lot Size Acres: 0.1177

Rental Info

  • Tenant Pays: All Utilities, Cable TV, Electricity, Telephone, Water

Multi Family

  • Gross Income: 47220.00
  • Gross Scheduled Income: 47220.00
  • Insurance Expense: 1450.00
  • Lot Size Area: 5126.0000 Square Feet
  • Net Operating Income: 38583.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 8637.00
  • Rent Control: No
  • Total Actual Rent: 3935.00
  • Total Expenses: 9666.00

Tax Info

  • New Taxes Expense: 8125.00
  • Tax Census Tract: 6025.06
  • Tax Lot: 41
  • 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
Sep 26, 2018
Closed on
Feb 15, 2019
Sold by
Bought by
Seller's Agent
Vahe Zargarian
Keller Williams Real Estate Services
Buyer's Agent
Sonia Vasquez
Vismar Real Estate
List Price
$650,000
Sold Price
$655,000
Premium/Discount to List
$5,000
0.77%
Current Estimated Value
$872,946

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$217,946
Avg. Annual Appreciation
3.85%
Original Mortgage
$636,446
Interest Rate
4.62%
Mortgage Type
FHA

Purchase Details

Listed on
Sep 26, 2018
Closed on
Jan 7, 2019
Sold by
Bought by
Seller's Agent
Vahe Zargarian
Keller Williams Real Estate Services
Buyer's Agent
Sonia Vasquez
Vismar Real Estate
List Price
$650,000
Sold Price
$655,000
Premium/Discount to List
$5,000
0.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$636,446
Interest Rate
4.62%
Mortgage Type
FHA

Purchase Details

Listed on
Nov 8, 2016
Closed on
Mar 9, 2017
Sold by
Bought by
Seller's Agent
Jessica Nieto
Brooke Realty
Buyer's Agent
Vahe Zargarian
Keller Williams Real Estate Services
List Price
$560,000
Sold Price
$575,000
Premium/Discount to List
$15,000
2.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.34%
Original Mortgage
$431,250
Interest Rate
4.19%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 8, 2016
Closed on
Feb 28, 2017
Sold by
Bought by
Seller's Agent
Jessica Nieto
Brooke Realty
Buyer's Agent
Vahe Zargarian
Keller Williams Real Estate Services
List Price
$560,000
Sold Price
$575,000
Premium/Discount to List
$15,000
2.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$431,250
Interest Rate
4.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 9, 2016
Sold by
Bought by

Purchase Details

Closed on
Mar 1, 2016
Sold by
Bought by

Purchase Details

Listed on
Nov 14, 2014
Closed on
Jan 29, 2015
Sold by
Bought by
Seller's Agent
THR Brokerage West Inc.
Buyer's Agent
THR Brokerage West Inc.
Sold Price
$1,725

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,854,000
Interest Rate
3.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 18, 2013
Sold by
Bought by

Purchase Details

Closed on
Jan 15, 2013
Sold by
Bought by

Purchase Details

Closed on
Aug 2, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$444,000
Interest Rate
5.77%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Feb 27, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,850
Interest Rate
5.72%

Purchase Details

Closed on
Dec 15, 2000
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,000
Interest Rate
7.08%

Purchase Details

Closed on
Oct 24, 2000
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,000
Interest Rate
7.08%

Purchase Details

Closed on
Oct 6, 2000
Sold by
Bought by

Purchase Details

Closed on
Mar 23, 1999
Sold by
Bought by

Purchase Details

Closed on
Sep 21, 1998
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
6.54%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 18, 1998
Sold by
Bought by

Purchase Details

Closed on
Apr 25, 1995
Sold by
Bought by

Purchase Details

Closed on
Apr 24, 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

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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
-- None Available
$655,000 North American Title Company
-- Fidelity National Title
$575,000 Fidelity National Title
-- None Available
-- None Available
-- None Available
$370,000 Fidelity National Title Co
$305,000 None Available
$595,000 Fidelity National Title Co
$283,000 North American Title Co
$180,000 North American Title Co
-- First American Title Ins Co
$216,468 First American Title Ins Co
$195,000 South Coast Title
$170,799 American Title
$115,000 South Coast Title
-- Continental Lawyers Title Co
$159,000 Continental Lawyers Title Co
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 $646,000
Closed $643,506
Closed $640,232
Closed $636,446
Previous Owner $431,250
Previous Owner $540,854,000
Previous Owner $444,000
Previous Owner $60,000
Previous Owner $316,000
Previous Owner $268,850
Previous Owner $44,000
Previous Owner $180,000
Previous Owner $171,000
Previous Owner $40,000
Previous Owner $25,000
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 Prior Sale
01/15/2019 01/15/19 Sold $655,000 +0.8% $407 / Sq Ft
09/26/2018 09/26/18 For Sale $650,000 +13.0% $403 / Sq Ft
03/15/2017 03/15/17 Sold $575,000 +2.7% $357 / Sq Ft View Prior Sale
02/21/2017 02/21/17 Pending -- -- --
11/08/2016 11/08/16 For Sale $560,000 0.0% $348 / Sq Ft
12/26/2014 12/26/14 Rented $1,725 0.0% --
12/26/2014 12/26/14 Under Contract -- -- --
11/14/2014 11/14/14 For Rent $1,725 +4.5% --
12/21/2013 12/21/13 Rented $1,650 -4.3% --
11/04/2013 11/04/13 Under Contract -- -- --
09/18/2013 09/18/13 For Rent $1,725 -- --
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 $9,612 $730,661 $380,390 $350,271
2024 $9,261 $716,335 $372,932 $343,403
2023 $8,921 $702,290 $365,620 $336,670
2022 $9,053 $688,520 $358,451 $330,069
2021 $8,927 $675,021 $351,423 $323,598
2020 $8,902 $668,100 $347,820 $320,280
2019 $687 $598,230 $312,120 $286,110
2018 $7,587 $586,500 $306,000 $280,500
2016 $5,068 $383,146 $207,106 $176,040
2015 $4,956 $377,392 $203,996 $173,396
2014 -- $370,000 $200,000 $170,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: BB18234894

California Regional Multiple Listing Service (CRMLS)

APN: 4052-005-006

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