NOT LISTED FOR SALE

4078 W El Segundo Blvd Hawthorne, CA 90250

Estimated Value: $1,879,955

3 Beds
2 Baths
6,560 Sq Ft
$287/Sq Ft Est. Value

Last Sold July 01, 2021

Last sale price $1,700,000 $259 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $11,969/month

81 Days on Market

Highlights

  • No HOA
  • Park
  • 6 Carport Spaces
  • Neighborhood Views
  • Laundry Room
  • Rectangular Lot

About This Home

As of July 2021

We are proud to present 4078 W. El Segundo Blvd!
This incredible 1960's “mixed use” value add Asset is comprised of 5 large residential units (2 – 2bd x 1bth & 3 – 1bd x 1bth ) and two large (1,080Sf) ‘street level’ commercial spaces… Average daily vehicle volume/count is at approximately 30,000. The building is situated on a large lot (7,201Sf) has onsite laundry, six onsite ‘covered’ parking spaces and two additional non covered parking spaces (8 total). Current rents are 30 to 40% below market, a true value add opportunity! Centrally located in the city of Hawthorne, just a short distance from many exciting new high-profile economic development sites and business!… SpaceX, Tesla, Amazon’s subsidiary, RING’s new headquarters/development site, new Hotels, Restaurants, Urth Cafe, The Boring Company's new underground transportation initiative, to name just a few!

Last Agent to Sell the Property

Cameron Jacques

Kinnery's Brokerage House License #01852032 Listed on: 04/01/2021

Last Buyer's Agent

Juan Escobar

Lyon Stahl Investment Real Estate, Inc. License #01340840

Lyon Stahl Investment Real Estate, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $24,029

Year Built

  • Built in 1961

Lot Details

  • 7,201 Sq Ft Lot
  • Lot Dimensions are 50 x 144
  • 1 Common Wall
  • Block Wall Fence
  • Chain Link Fence
  • Rectangular Lot
  • Level Lot

Home Design

  • Apartment
  • Entry on the 1st floor
  • Cosmetic Repairs Needed
  • Flat Roof Shape
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 6,560 Sq Ft Home
  • 2-Story Property
  • Neighborhood Views
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 2 Open Parking Spaces
  • 8 Parking Spaces
  • 6 Carport Spaces
  • Parking Available

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Location

  • Suburban Location

Utilities

  • Heating Available
  • Natural Gas Not Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 11
  • Tax Tract Number 1418
  • Assessor Parcel Number 4045023005

Community Details

Overview

  • No Home Owners Association
  • 7 Units

Amenities

  • Laundry Facilities

Recreation

  • Park

Building Details

  • 7 Separate Electric Meters
  • 1 Separate Water Meter
  • Operating Expense $38,043
  • Gross Income $101,544
  • Net Operating Income $61,470

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$24,029

Year Built

Built in 1961

Lot Details

0

Listing Details

  • CapRate: 4.10
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Zoning: HACMYY
  • Property Condition: Repairs Cosmetic
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 4045023005
  • Year Built: 1961
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 2
  • Entry Location: 1
  • Common Walls: 1 Common Wall
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 259.15

Exterior Features

  • Foundation: Slab
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Block, Chain Link
  • Pool Private: No
  • Roof: Composition, Flat
  • Spa: No

Garage/Parking

  • Carport Spaces: 6.00
  • Parking: Yes
  • Parking Features: Attached Carport, Detached Carport
  • Total Parking Spaces: 8.00
  • Uncovered Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Not Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Electric
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Curbs, Gutters, Park, Sidewalks, Street Lights, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level with Street, Rectangular Lot, Walkstreet
  • Lot Size: 50 x 144
  • Lot Size Sq Ft: 7201.00
  • Lot Size Acres: 0.1653

Multi Family

  • Average1 Bed Area: 800 Square Feet
  • Average2 Bed Area: 1000 Square Feet
  • Average Studio Area: 1080 Square Feet
  • Gross Income: 101544.00
  • Gross Multiplier: 14.77
  • Gross Operating Income: 99513.00
  • Gross Scheduled Income: 101544.00
  • Lot Size Area: 7201.0000 Square Feet
  • Net Operating Income: 61470.00
  • Number Of Separate Electric Meters: 7
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 7
  • Operating Expense: 38043.00
  • Rent Control: No
  • Total Expenses: 38043.00
  • Vacancy Allowance: 2031
  • Vacancy Allowance Rate: 2.00

Tax Info

  • Tax Census Tract: 6024.03
  • Tax Lot: 11
  • Tax Tract Number: 1418

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 30, 2022
Sold by
Conchita Cossio
Bought by
Cc Cossio Living Trust
Current Estimated Value
$1,879,955

Purchase Details

Listed on
Apr 1, 2021
Closed on
Jun 17, 2021
Sold by
Raul And Paula Gisela Lopez Trust
Bought by
Cossio Conchita
Seller's Agent
Cameron Jacques
Kinnery's Brokerage House
Buyer's Agent
Juan Escobar
Lyon Stahl Investment Real Estate, Inc.
List Price
$1,500,000
Sold Price
$1,700,000
Premium/Discount to List
$200,000
13.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.40%
Original Mortgage
$1,300,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 2, 1994
Sold by
Lopez Raul and Lopez Paula
Bought by
Lopez Raul and Lopez Paula Gisela
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Cc Cossio Living Trust -- None Listed On Document
Cossio Conchita $1,700,000 Chicago Title
Lopez Raul -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cossio Conchita $1,300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/02/2021 07/02/21 For Sale $1,500,000 -11.8% $229 / Sq Ft
07/01/2021 07/01/21 Sold $1,700,000 0.0% $259 / Sq Ft
06/24/2021 06/24/21 Off Market $1,700,000 -- --
04/01/2021 04/01/21 For Sale $1,500,000 -- $229 / 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 $24,029 $1,804,053 $848,966 $955,087
2024 $24,029 $1,768,680 $832,320 $936,360
2023 $23,176 $1,734,000 $816,000 $918,000
2022 $23,491 $1,700,000 $800,000 $900,000
2021 $5,314 $220,564 $75,627 $144,937
2020 $5,299 $218,303 $74,852 $143,451
2019 $5,186 $214,024 $73,385 $140,639
2018 $4,931 $209,829 $71,947 $137,882
2016 $4,635 $201,683 $69,154 $132,529
2015 $4,553 $198,655 $68,116 $130,539
2014 $4,538 $194,764 $66,782 $127,982
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW21065571

California Regional Multiple Listing Service (CRMLS)

APN: 4045-023-005