NOT LISTED FOR SALE

4051 W Rosecrans Ave Hawthorne, CA 90250

Estimated Value: $987,000 - $1,288,000

6 Beds
3 Baths
2,377 Sq Ft
$463/Sq Ft Est. Value

Last Sold May 13, 2020

Last sale price $850,000 $358 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $7,014/month

19 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • 5-minute walk to Jim Thorpe Park

About This Home

As of May 2020

Welcome to a great opportunity! First time on the market in over 30 years. Come take a look at this triplex in the City of Lawndale (Hawthorne adjacent) that is perfectly located near 405, 105, and 110 Freeways, across from the newly renovated Leuzinger High School and down the street from Space X. This income property is great for your beginner or experienced investor, developer, or homeowner that wants to collect income while living in one unit and renting out the others. The front building consists of a one bedroom one bath front unit, and a two bedroom, one bath, and the rear detached building is a three bedroom and one bath. All units are good size and have their own laundry areas as well as the large lot provides plenty of space for tenant parking. The property has been recently painted and now awaits its new owner to add their own touches. This lot has R3-R4 aspiration which means you may build 4-6 townhomes, condos, or apartments depending on your plans and parking. See City of Lawndale Residential Developmental Standards attached as a supplemental file. Buyer to satisfy themselves and complete their due diligence for building requirements with the City of Lawndale. All units currently occupied so please do not disturb owners/tenants or walk the property. Sellers/tenants may need a short rent back after COE to find replacement housing. Drive by only. Write all offers subject to inspection.

Last Agent to Sell the Property

Maureen Lee

Keller Williams South Bay License #01475893 Listed on: 02/13/2020

Keller Williams South Bay

Last Buyer's Agent

Maureen Lee

Keller Williams South Bay License #01475893 Listed on: 02/13/2020

Keller Williams South Bay

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,152

Year Built

  • Built in 1937

Lot Details

  • 7,221 Sq Ft Lot
  • Two or More Common Walls
  • Density is 2-5 Units/Acre

Home Design

  • 2,377 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room

Listing and Financial Details

  • Tax Lot 985
  • Tax Tract Number 1
  • Assessor Parcel Number 4077006025

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units

Building Details

  • 3 Leased Units
  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • New Taxes Expense $11,250

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,152

Year Built

Built in 1937

Lot Details

0

Listing Details

  • Property Attached: Yes
  • View: No
  • Zoning: LNR3YY
  • Property Type: Residential Income
  • Parcel Number: 4077006025
  • Year Built: 1937
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Levels: One
  • Price Per Square Foot: 357.59

Exterior Features

  • Pool Private: No
  • Spa: No

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • 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: 2-5 Units/Acre
  • Lot Size Sq Ft: 7221.00
  • Lot Size Acres: 0.1658

Multi Family

  • Lot Size Area: 7221.0000 Square Feet
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Rent Control: Yes

Tax Info

  • New Taxes Expense: 11250.00
  • Tax Census Tract: 6038.01
  • Tax Lot: 985
  • Tax Tract Number: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 11, 2021
Sold by
Ajssb Llc
Bought by
4Jsb Llc
Current Estimated Value
$1,101,409

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,500
Outstanding Balance
$377,126
Interest Rate
3.95%
Mortgage Type
New Conventional
Estimated Equity
$724,283

Purchase Details

Closed on
Mar 13, 2020
Sold by
Garcia Hector and Garcia Carmen
Bought by
4Jssb Llc

Purchase Details

Closed on
Jul 27, 2004
Sold by
Garcia Hector and Garcia Carmen
Bought by
Garcia Hector and Garcia Carmen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.24%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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
4Jsb Llc -- Accommodation
4Jssb Llc $850,000 Lawyers Title
Garcia Hector -- Progressive Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 4Jsb Llc $255,000
Open 4Jsb Llc $412,500
Previous Owner Garcia Hector $100,000
Previous Owner Garcia Hector $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/13/2020 05/13/20 Sold $850,000 -5.6% $358 / Sq Ft
03/03/2020 03/03/20 Pending -- -- --
02/13/2020 02/13/20 For Sale $899,990 -- $379 / 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 $12,152 $929,595 $798,360 $131,235
2024 $12,152 $911,368 $782,706 $128,662
2023 $11,716 $893,499 $767,359 $126,140
2022 $11,881 $875,980 $752,313 $123,667
2021 $11,723 $858,805 $737,562 $121,243
2020 $6,010 $393,731 $222,591 $171,140
2019 $5,834 $386,012 $218,227 $167,785
2018 $5,518 $378,445 $213,949 $164,496
2016 $5,248 $363,751 $205,642 $158,109
2015 $5,138 $358,289 $202,554 $155,735
2014 $5,125 $351,272 $198,587 $152,685
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB20033056

California Regional Multiple Listing Service (CRMLS)

APN: 4077-006-025