$1,295,000
SOLD MAY 9, 2014

4043 W 135th St Hawthorne, CA 90250

17 Beds
12 Baths
7,636 Sq Ft
8,701 Sq Ft Lot

Recently Sold

$170 Per Sq Ft

2% Below List Price

121 Days on Market

Highlights

  • Contemporary Architecture
  • No HOA
  • Laundry Room
  • Property is near a park
  • Walk-In Closet
  • Ceiling Fan

About This Home

As of May 2014

Great income property with lots of potential. Huge secured 6 units, 5 three bedrooms and 1 two bedrooms. There's one owner's storage room at back. The front spacious townhouse style unit could be owner's unit. All units are newly remodeled and painted. Closing to schools, parks and shopping. Located in strong rental area with no rent control. Very easy to manage.

Last Agent to Sell the Property

Paul Yen

PAUL P. YEN License #01258182

Last Buyer's Agent

Paul Yen

PAUL P. YEN License #01258182

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1965

Lot Details

  • 8,701 Sq Ft Lot
  • 1 Common Wall

Parking

  • 7 Car Garage
  • Parking Available
  • Assigned Parking
  • Controlled Entrance

Home Design

  • Contemporary Architecture
  • Property Attached
  • Raised Foundation
  • Tar and Gravel Roof
  • Composition Roof

Interior Spaces

  • 7,636 Sq Ft Home
  • Ceiling Fan
  • Fireplace With Gas Starter
  • Living Room with Fireplace
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 17 Bedrooms
  • Walk-In Closet
  • 12 Bathrooms

Laundry

  • Laundry Room
  • Leased Washer and Dryer

Location

  • Property is near a park
  • Property is near public transit

Additional Features

  • Exterior Lighting
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 404
  • Tax Tract Number 8025
  • Assessor Parcel Number 4045028025

Community Details

Overview

  • No Home Owners Association
  • 6 Units

Amenities

  • Laundry Facilities

Building Details

  • 6 Leased Units
  • 7 Separate Electric Meters
  • 7 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $1,080
  • Insurance Expense $3,465
  • Maintenance Expense $1,800
  • Trash Expense $1,971
  • Water Sewer Expense $4,000
  • New Taxes Expense $16,559
  • Gross Income $180
  • Net Operating Income $86,305

Property Details

Home Type

Multi-Family

Year Built

Built in 1965

Lot Details

0

Parking

7

Listing Details

  • CapRate: 6.51
  • Property Attached: Yes
  • Water Sewer Expenses: 4000.00
  • Architectural Style: Contemporary
  • Property Type: Residential Income
  • Parcel Number: 4045028025
  • Year Built: 1965
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Ceiling Fan(s)
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Vinyl
  • Appliances: Yes
  • Fireplace Features: Gas Starter, Living Room
  • Levels: Two
  • Price Per Square Foot: 169.59
  • Room Type: Master Bedroom, Walk-In Closet

Exterior Features

  • Foundation: Raised
  • Pool Private: No
  • Roof: Composition, Tar/Gravel
  • Spa: No

Garage/Parking

  • Garage Spaces: 7.00
  • Parking: Yes
  • Parking Features: Assigned, Controlled Entrance
  • Total Parking Spaces: 7.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Disposal
  • Heating Type: Wall Furnace
  • Laundry Features: Community, Individual Room
  • Trash Expense: 1971.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Lot Features: Lot 6500-9999, Park Nearby, Near Public Transit
  • Lot Size Sq Ft: 8701.00
  • Lot Size Acres: 0.2000

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Electric Expense: 1080.00
  • Gross Income: 180.00
  • Gross Multiplier: 11.06
  • Gross Scheduled Income: 119760.00
  • Insurance Expense: 3465.00
  • Laundry Equipment Own Lease: Lease
  • Lot Size Area: 8701.0000 Square Feet
  • Maintenance Expense: 1800.00
  • Net Operating Income: 86305.00
  • Number Of Separate Electric Meters: 7
  • Number Of Separate Gas Meters: 7
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 6
  • Number Of Units Total: 6
  • Number With Carpet: 6
  • Number With Disposal: 6
  • Number With Range: 6
  • Operating Expense: 31175.00
  • Rent Control: No
  • Total Actual Rent: 9800.00
  • Vacancy Allowance: 2280

Tax Info

  • New Taxes Expense: 16559.00
  • Tax Lot: 404
  • Tax Tract Number: 8025

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2022 08/15/22 Rented $2,700 0.0% --
08/11/2022 08/11/22 Off Market $2,700 -- --
08/03/2022 08/03/22 For Rent $2,700 +22.7% --
05/10/2021 05/10/21 Rented $2,200 0.0% --
03/14/2021 03/14/21 For Rent $2,200 -12.0% --
09/20/2018 09/20/18 Rented $2,500 0.0% --
08/28/2018 08/28/18 For Rent $2,500 +35.1% --
05/20/2016 05/20/16 Rented $1,850 0.0% --
04/13/2016 04/13/16 For Rent $1,850 -18.9% --
03/08/2015 03/08/15 Rented $2,280 0.0% --
03/08/2015 03/08/15 For Rent $2,280 0.0% --
05/09/2014 05/09/14 Sold $1,295,000 -2.3% $170 / Sq Ft
03/09/2014 03/09/14 Pending -- -- --
11/08/2013 11/08/13 For Sale $1,325,000 -- $174 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IN13227080

California Regional Multiple Listing Service (CRMLS)