Seller's Agent in 2024
Chris Crosby
Buckingham Investments, Inc
(310) 982-7055
1 in this area
26 Total Sales
4020 W 137th St Hawthorne, CA 90250
7
Beds
4
Baths
2,992
Sq Ft
8,704
Sq Ft Lot
Highlights
- Private Yard
- Park
- Ceiling Fan
- No HOA
- Laundry Room
- 3 Car Garage
About This Home
As of November 2024Welcome to 4020 W 137th St, Hawthorne, CA – a prime triplex investment on a huge 8,700 SF lot with plenty of value-add opportunities. The front home is a 3-bedroom 2-bath with a spacious living room, separate dining area, a large private yard, and an attached garage. The middle home is a 2-bedroom 1-bath with a large living room, a big kitchen, a dining area, and an attached garage. The back home is also a 2-bedroom 1-bath with a large private yard in the back. Investors may explore converting garages into an ADU or an attached ADU in the back yard (buyer to verify).
The property currently generates $7,200/mo with 17% upside in rents, an actual GRM of 15.0 and a cap rate of 3.8%, with pro forma projections improving to a 12.8 GRM and 4.8% cap rate. Adding an ADU (buyer to verify) could unlock further potential, making it an outstanding long-term investment in a desirable rental neighborhood with low vacancy.
Last Agent to Sell the Property
Buckingham Investments, Inc Brokerage Phone: 650-549-4849 License #02116879 Listed on: 10/04/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $15,638
Year Built
- Built in 1960
Lot Details
- 8,704 Sq Ft Lot
- No Common Walls
- Level Lot
- Private Yard
- Lawn
- Back and Front Yard
Parking
- 3 Car Garage
- Parking Available
- Shared Driveway
Home Design
- Triplex
- Entry on the 1st floor
- Shingle Roof
- Partial Copper Plumbing
Interior Spaces
- 2,992 Sq Ft Home
- 1-Story Property
- Ceiling Fan
Bedrooms and Bathrooms
- 7 Bedrooms
- 4 Bathrooms
Laundry
- Laundry Room
- Laundry in Garage
Utilities
- Wall Furnace
- Natural Gas Connected
Listing and Financial Details
- Tenant pays for electricity, gas
- Tax Lot 582
- Assessor Parcel Number 4045031041
- $1,017 per year additional tax assessments
- Seller Considering Concessions
Community Details
Overview
- No Home Owners Association
- 3 Units
Recreation
- Park
Building Details
- Rent Control
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $3,740
- Water Sewer Expense $1,680
- Operating Expense $34,356
- Gross Income $49,452
- Net Operating Income $49,452
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 4, 2024
Closed on
Oct 21, 2024
Sold by
Freedman Stella
Bought by
Csp Torrance Investments Llc
Seller's Agent
Chris Crosby
Buckingham Investments, Inc
Buyer's Agent
Edith Saavedra
Casa Bella Realty Group
List Price
$1,299,000
Sold Price
$1,299,000
Views
35
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,194
Avg. Annual Appreciation
1.90%
Original Mortgage
$974,250
Outstanding Balance
$963,950
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$357,244
Purchase Details
Listed on
Mar 23, 2021
Closed on
Apr 13, 2021
Sold by
Garga Properties Inc
Bought by
Freedman Stella
Seller's Agent
Anoop Garg
The Real Estate Consultants Westside Inc.
Buyer's Agent
Hanna Hammond
West Shores Realty, Inc.
List Price
$1,199,000
Sold Price
$1,140,000
Premium/Discount to List
-$59,000
-4.92%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.73%
Purchase Details
Listed on
Oct 4, 2014
Closed on
Oct 24, 2014
Sold by
Umemoto Beverly and Shiraga Trust
Bought by
Garga Properties Inc
Seller's Agent
Nick Wolf
N. Wolf Real Estate
Buyer's Agent
Anoop Garg
The Real Estate Consult. Wstsd
List Price
$649,500
Sold Price
$570,375
Premium/Discount to List
-$79,125
-12.18%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.28%
Purchase Details
Closed on
Nov 29, 2006
Sold by
Shiraga Sho and Shiraga Tayoko
Bought by
Shiraga Sho and Shiraga Tayoko
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
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $1,299,000 | First Integrity Title Company | |
| Grant Deed | $1,299,000 | First Integrity Title Company | |
| Grant Deed | $1,140,000 | Fidelity National Title | |
| Grant Deed | $570,500 | First American Title Company | |
| Interfamily Deed Transfer | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $974,250 | New Conventional | |
| Closed | $974,250 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/22/2024 11/22/24 | Sold | $1,299,000 | 0.0% | $434 / Sq Ft | |
| 11/13/2024 11/13/24 | Pending | -- | -- | -- | |
| 10/04/2024 10/04/24 | For Sale | $1,299,000 | +13.9% | $434 / Sq Ft | |
| 04/30/2021 04/30/21 | Sold | $1,140,000 | +0.4% | $381 / Sq Ft | View Prior Sale |
| 04/19/2021 04/19/21 | Pending | -- | -- | -- | |
| 04/04/2021 04/04/21 | Price Changed | $1,135,000 | -1.2% | $379 / Sq Ft | |
| 03/23/2021 03/23/21 | Price Changed | $1,149,000 | -4.2% | $384 / Sq Ft | |
| 03/23/2021 03/23/21 | For Sale | $1,199,000 | +110.2% | $401 / Sq Ft | |
| 11/07/2014 11/07/14 | Sold | $570,375 | -12.2% | $191 / Sq Ft | View Prior Sale |
| 10/21/2014 10/21/14 | Pending | -- | -- | -- | |
| 10/04/2014 10/04/14 | For Sale | $649,500 | -- | $217 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $15,638 | $1,299,000 | $900,000 | $399,000 |
| 2024 | $15,638 | $1,209,776 | $848,966 | $360,810 |
| 2023 | $15,063 | $1,186,056 | $832,320 | $353,736 |
| 2022 | $15,286 | $1,162,800 | $816,000 | $346,800 |
| 2021 | $8,812 | $632,880 | $355,302 | $277,578 |
| 2020 | $8,787 | $626,391 | $351,659 | $274,732 |
| 2019 | $8,514 | $614,110 | $344,764 | $269,346 |
| 2018 | $8,098 | $602,069 | $338,004 | $264,065 |
| 2016 | $7,690 | $578,692 | $324,880 | $253,812 |
| 2015 | $7,520 | $570,000 | $320,000 | $250,000 |
| 2014 | $6,546 | $480,756 | $271,732 | $209,024 |
Source: Public Records
Agents Affiliated with this Home
-
Chris Crosby
-
Edith Saavedra
Buyer's Agent in 2024
Edith Saavedra
Casa Bella Realty Group
(323) 282-0909
1 in this area
18 Total Sales
-
Anoop Garg
A
Seller's Agent in 2021
Anoop Garg
The Real Estate Consultants Westside Inc.
(562) 889-4981
8 in this area
21 Total Sales
-
Hanna Hammond
Buyer's Agent in 2021
Hanna Hammond
West Shores Realty, Inc.
(310) 465-3825
1 in this area
5 Total Sales
-
Nick Wolf
N
Seller's Agent in 2014
Nick Wolf
N. Wolf Real Estate
(310) 371-7300
1 in this area
17 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB24206132
APN: 4045-031-041
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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