NOT LISTED FOR SALE

4060 W Broadway Hawthorne, CA 90250

Estimated Value: $1,433,000 - $1,792,000

9 Beds
6 Baths
4,508 Sq Ft
$347/Sq Ft Est. Value

Last Sold June 07, 2013

Last sale price $700,000 $155 Per Sq Ft

Est. 124% increase in value since last sale

Current estimated payment $9,475/month

18 Days on Market

About This Home

As of June 2013

FANTASTIC INCOME PROPERTY,LIVE IN ONE. WITH 25%DOWN, THE OTHER 3 UNITS WILL PAY FOR THE MORTGAGE. 3BR.2.1/2 BATHS FRONT UNIT.AND 3 LARGE 2BR 1 BATH, ON TOP OF THE GARAGES. RENTS ARE VERY LOW,TWO OF THE TENANTS BEEN THERE FOR MORE THEN 10 YEARS.

Last Agent to Sell the Property

Paulino Rodriguez

GUY HOCKER REALTORS License #00800964 Listed on: 04/16/2013

Last Buyer's Agent

EZEQUIEL ACEVES

GUY HOCKER REALTORS License #01033312

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,405

Year Built

  • Built in 1980

Lot Details

  • 7,251 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 8 Car Garage

Home Design

  • 4,508 Sq Ft Home

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 6 Bathrooms

Additional Features

  • Laundry Room
  • Exterior Lighting

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 9
  • Assessor Parcel Number 4046023005

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Amenities

  • Laundry Facilities

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,500
  • Trash Expense $900
  • Water Sewer Expense $1,800
  • New Taxes Expense $8,750
  • Gross Income $5,300
  • Net Operating Income $5,300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,405

Year Built

Built in 1980

Lot Details

0

Parking

8

Listing Details

  • Other Phone Number: 310 922 6654
  • Property Attached: No
  • Water Sewer Expenses: 1800.00
  • Zoning: R3
  • Property Type: Residential Income
  • Parcel Number: 4046023005
  • Year Built: 1980
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 155.28

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 8.00
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Connected
  • Laundry: Yes
  • Laundry Features: Common Area
  • Trash Expense: 900.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 7251.00
  • Lot Size Acres: 0.1660

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 5300.00
  • Gross Scheduled Income: 5300.00
  • Insurance Expense: 1500.00
  • Lot Size Area: 7251.0000 Square Feet
  • Net Operating Income: 5300.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 660.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 8750.00
  • Tax Lot: 9

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2013
Closed on
Jun 3, 2013
Sold by
Ramirez Jorge
Bought by
Martin Salvador and Martin Maria D
Seller's Agent
Paulino Rodriguez
GUY HOCKER REALTORS
Buyer's Agent
EZEQUIEL ACEVES
GUY HOCKER REALTORS
List Price
$700,000
Sold Price
$700,000
Current Estimated Value
$1,564,521

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$864,521
Avg. Annual Appreciation
6.74%
Original Mortgage
$491,250
Interest Rate
3.37%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 16, 2013
Closed on
May 29, 2013
Sold by
Anguiano Aristeo
Bought by
Anguiano Elizabeth
Seller's Agent
Paulino Rodriguez
GUY HOCKER REALTORS
Buyer's Agent
EZEQUIEL ACEVES
GUY HOCKER REALTORS
List Price
$700,000
Sold Price
$700,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$491,250
Interest Rate
3.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 15, 2010
Sold by
Ramirez Jorge
Bought by
Ramirez Jorge and Anguiano Elizabeth

Purchase Details

Closed on
Jan 8, 2007
Sold by
Ramirez Jorge and Betancourt Marisela
Bought by
Ramirez Jorge

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
6.09%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 1, 2002
Sold by
Ramirez Elizabeth
Bought by
Ramirez Jorge

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,000
Interest Rate
6.17%

Purchase Details

Closed on
Oct 17, 1996
Sold by
Ramirez Jorge
Bought by
Ramirez Jorge and Ramirez Elizabeth

Purchase Details

Closed on
Apr 25, 1996
Sold by
Ramirez Jorge
Bought by
Ramirez Jorge and Ramirez Carmen O

Purchase Details

Closed on
Apr 14, 1995
Sold by
Ramirez Alfredo
Bought by
Ramirez Carmen O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,500
Interest Rate
8.77%

Purchase Details

Closed on
Mar 7, 1995
Sold by
Emc Mtg Corp
Bought by
Ramirez Jorge

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,500
Interest Rate
8.77%

Purchase Details

Closed on
Jul 27, 1994
Sold by
Fidelity Federal Bank Fsb
Bought by
Emc Mtg Corp

Purchase Details

Closed on
Mar 1, 1994
Sold by
Gateway Mtg Corp
Bought by
Fidelity Federal Bank Fsb

Purchase Details

Closed on
Sep 2, 1993
Sold by
Brown Mary Ann
Bought by
Creative Development Inc and Mized Investments Inc
Source: Public Records

Range of Values:

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Average Value
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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
Martin Salvador $700,000 Fatcola
Anguiano Elizabeth -- Fatcola
Ramirez Jorge -- Fatcola
Ramirez Jorge -- Financial Title Company
Ramirez Jorge -- American Coast Title
Ramirez Jorge -- --
Ramirez Jorge -- North American Title Co
Ramirez Carmen O -- North American Title Company
Ramirez Jorge $250,000 North American Title Company
Emc Mtg Corp $183,500 North American Title
Fidelity Federal Bank Fsb $280,000 Benefit Land Title Company
Creative Development Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martin Salvardo $378,400
Closed Martin Salvador $491,250
Previous Owner Ramirez Jorge $315,000
Previous Owner Ramirez Jorge $213,000
Previous Owner Ramirez Jorge $162,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/07/2013 06/07/13 Sold $700,000 0.0% $155 / Sq Ft
05/04/2013 05/04/13 Pending -- -- --
04/16/2013 04/16/13 For Sale $700,000 -- $155 / 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 $11,405 $861,991 $492,568 $369,423
2024 $11,405 $845,090 $482,910 $362,180
2023 $11,000 $828,521 $473,442 $355,079
2022 $11,149 $812,276 $464,159 $348,117
2021 $10,991 $796,350 $455,058 $341,292
2019 $10,615 $772,731 $441,561 $331,170
2018 $10,154 $757,580 $432,903 $324,677
2016 $9,668 $728,164 $416,094 $312,070
2015 $9,454 $717,227 $409,844 $307,383
2014 $9,417 $703,178 $401,816 $301,362
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IN13070928

California Regional Multiple Listing Service (CRMLS)

APN: 4046-023-005