NOT LISTED FOR SALE

3840 W 119th St Hawthorne, CA 90250

Estimated Value: $881,946 - $1,166,000

4 Beds
2 Baths
1,594 Sq Ft
$634/Sq Ft Est. Value

Last Sold November 10, 2014

Last sale price $498,000 $312 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $5,996/month

74 Days on Market

About This Home

As of November 2014

Great Owner Occupied Opportunity! Due to upgrades, this is one of the highest grossing Duplex in Hawthorne Area. The front unit is currently rented at $1600 and the rear unit is rented for $1500 and with the building condition rents can be increased! With a FHA loan of just 3.5% down payment ($17,430) a new owner could live in the front unit and apply the rear units income to their mortgage effectively making their payment a little more than rent at $2000 a month! This Duplex provides privacy with two separate homes and a detach Garage. While the outside is attractive, the inside shows better with "low maintenance" Ceramic Tile and Laminate floors and the tenants enjoy plenty of storage room. Each unit is bright with sunlight and up to date windows. The homes are easily accessible to the both the 105 and 405 Freeway. This is NOT a Rent Control Property. Please do not contact tenants. Inspections will be available after receipt of offer and confirmation of buyer qualification. 2 Total Units: Unit #1: 2 bd/1ba Unit#2: 2 bd/1ba.

Last Agent to Sell the Property

Chuck Brewer

Home Smart Realty Group License #01939550 Listed on: 07/17/2014

Home Smart Realty Group

Co-Listed By

Pete Tryce

Keller Williams South Bay License #01329992

Last Buyer's Agent

Maureen Lee

Keller Williams South Bay License #01475893

Keller Williams South Bay

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,170

Year Built

  • Built in 1957

Lot Details

  • 6,003 Sq Ft Lot
  • No Common Walls
  • Back and Front Yard

Parking

  • 2 Car Garage

Interior Spaces

  • 1,594 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 800
  • Tax Tract Number 2603
  • Assessor Parcel Number 4048012016

Community Details

Overview

  • 3 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $723
  • Trash Expense $480
  • Water Sewer Expense $1,200
  • Operating Expense $2,403
  • Gross Income $3,100
  • Net Operating Income $34,797

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,170

Year Built

Built in 1957

Lot Details

0

Parking

2

Listing Details

  • CapRate: 7.00
  • Property Attached: No
  • Water Sewer Expenses: 1200.00
  • Property Type: Residential Income
  • Parcel Number: 4048012016
  • Year Built: 1957
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Entry Location: Ground Level
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 312.42

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Trash Expense: 480.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Lot Features: Back Yard, Front Yard
  • Lot Size Sq Ft: 6003.00
  • Lot Size Acres: 0.1380

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 3100.00
  • Gross Multiplier: 13.40
  • Gross Scheduled Income: 37200.00
  • Insurance Expense: 723.00
  • Lot Size Area: 6003.0000 Square Feet
  • Net Operating Income: 34797.00
  • Number Of Rented Garages: 2
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 2403.00
  • Rent Control: No
  • Total Expenses: 2403.00

Tax Info

  • Tax Lot: 800
  • Tax Tract Number: 2603
  • Tax Annual Amount: 4170.00
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 20, 2020
Sold by
Alonso Amy and Alonso Jose Julian
Bought by
Alonso Amy and Villegas Jose Julian Alonso
Current Estimated Value
$1,009,987

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$451,000
Outstanding Balance
$399,329
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$610,658

Purchase Details

Closed on
Jan 10, 2020
Sold by
Ochoa Luis and Alonso Amy
Bought by
Alonso Amy and Alonso Villegas Julian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$451,000
Outstanding Balance
$399,329
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$610,658

Purchase Details

Closed on
Nov 23, 2016
Sold by
Ochoa Luis and Alonso Amy
Bought by
Ochoa Luis and Alonso Amy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$472,000
Interest Rate
3.52%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 17, 2014
Closed on
Nov 5, 2014
Sold by
Blr Investment Llc
Bought by
Blr Investment Llc
Seller's Agent
Chuck Brewer
Home Smart Realty Group
Buyer's Agent
Maureen Lee
Keller Williams South Bay
List Price
$498,000
Sold Price
$498,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.68%
Original Mortgage
$488,979
Interest Rate
3.62%
Mortgage Type
FHA

Purchase Details

Listed on
Jul 17, 2014
Closed on
Oct 30, 2014
Sold by
Villegas Jose Julian Alonso
Bought by
Alonso Amy
Seller's Agent
Chuck Brewer
Home Smart Realty Group
Buyer's Agent
Maureen Lee
Keller Williams South Bay
List Price
$498,000
Sold Price
$498,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$488,979
Interest Rate
3.62%
Mortgage Type
FHA

Purchase Details

Listed on
Jul 17, 2014
Closed on
Sep 30, 2014
Sold by
Blr Investment Llc
Bought by
Ochoa Luis and Alonso Amy
Seller's Agent
Chuck Brewer
Home Smart Realty Group
Buyer's Agent
Maureen Lee
Keller Williams South Bay
List Price
$498,000
Sold Price
$498,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$488,979
Interest Rate
3.62%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 4, 2013
Sold by
Becker Anthony Dorian and Madani Becker Geula
Bought by
Blr Investments Llc

Purchase Details

Closed on
Jun 8, 2009
Sold by
Deutsche Bank National Trust Company
Bought by
Becker Anthony Dorian

Purchase Details

Closed on
May 9, 2009
Sold by
Becker Anthony Dorian
Bought by
Becker Anthony Dorian and Madani Becker Geula

Purchase Details

Closed on
Jan 12, 2009
Sold by
Becker Geula Madani
Bought by
Becker Anthony Dorian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$241,600
Interest Rate
5.49%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 5, 2009
Sold by
Deutsche Bank National Trust Company
Bought by
Deutsche Bank National Trust Company

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$241,600
Interest Rate
5.49%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 17, 2008
Sold by
Martin Ernesto
Bought by
Deutsche Bank National Trust Co

Purchase Details

Closed on
Sep 15, 2005
Sold by
Martin Patricia
Bought by
Martin Ernesto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,000
Interest Rate
5.72%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jul 28, 2005
Sold by
Prokop Edward E and The Edward E Prokop Living Tru
Bought by
Martin Ernesto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,000
Interest Rate
5.72%
Mortgage Type
Stand Alone Second
Source: Public Records

Range of Values:

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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
Alonso Amy -- Wfg National Title Company
Alonso Amy -- Accommodation
Ochoa Luis -- Nations Title Company
Blr Investment Llc -- Title 365
Alonso Amy -- Title 365
Ochoa Luis $498,000 Title 365
Blr Investments Llc -- None Available
Becker Anthony Dorian -- First American Title Company
Becker Anthony Dorian -- None Available
Becker Anthony Dorian -- First American Title Company
Deutsche Bank National Trust Company -- First American Title Company
Becker Anthony Dorian $302,000 First American Title Company
Deutsche Bank National Trust Co $415,800 Accommodation
Martin Ernesto -- First American Title Company
Martin Ernesto $560,000 Fatcola
Prokop Edward E -- First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alonso Amy $451,000
Closed Ochoa Luis $472,000
Closed Ochoa Luis $488,979
Previous Owner Becker Anthony Dorian $241,600
Previous Owner Martin Ernesto $84,000
Previous Owner Prokop Edward E $84,000
Previous Owner Martin Ernesto $448,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/10/2014 11/10/14 Sold $498,000 0.0% $312 / Sq Ft
09/29/2014 09/29/14 Pending -- -- --
07/17/2014 07/17/14 For Sale $498,000 -- $312 / 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 $7,708 $598,511 $420,641 $177,870
2024 $7,708 $586,777 $412,394 $174,383
2023 $7,429 $575,272 $404,308 $170,964
2022 $7,537 $563,993 $396,381 $167,612
2021 $7,432 $552,935 $388,609 $164,326
2020 $7,411 $547,267 $384,625 $162,642
2019 $7,174 $536,537 $377,084 $159,453
2018 $6,875 $526,018 $369,691 $156,327
2016 $6,565 $505,594 $355,337 $150,257
2015 $6,418 $498,000 $350,000 $148,000
2014 $4,320 $361,634 $200,908 $160,726
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB14151471

California Regional Multiple Listing Service (CRMLS)

APN: 4048-012-016