NOT LISTED FOR SALE

4122 W 120th St Hawthorne, CA 90250

Estimated Value: $1,099,000 - $1,547,000

8 Beds
4 Baths
2,492 Sq Ft
$514/Sq Ft Est. Value

Last Sold May 04, 2022

Last sale price $1,225,000 $492 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $8,151/month

5 Days on Market

Highlights

  • No Units Above
  • Wood Flooring
  • Neighborhood Views
  • All Bedrooms Downstairs
  • No HOA
  • Laundry Room

About This Home

As of May 2022

Prime Hawthorne 4-plex with four 2 bedroom, 1 bathroom units and a free standing garage (2 double car garages for a total of 4 spaces). Property is well maintained and professionally managed. Each unit has laundry hookups and multiple entrances. There is room to move the rent rates up overtime since the property is subject to state rent cap limitations only. Property is located near Space X, Tesla Design Center, Sofi Stadium, freeways and LAX. Property represents a great opportunity for short term rent rate upside and long term appreciation. Please do not walk the property.

Last Agent to Sell the Property

Joseph Geonetta III

R.E.M.S. Inc License #01949303 Listed on: 02/26/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,338

Year Built

  • Built in 1955

Lot Details

  • 5,066 Sq Ft Lot
  • No Units Above
  • No Units Located Below
  • Two or More Common Walls
  • Density is 2-5 Units/Acre

Parking

  • 4 Car Garage
  • Parking Available
  • Rear-Facing Garage

Home Design

  • Bungalow
  • Quadruplex
  • Turnkey
  • Raised Foundation
  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • 2,492 Sq Ft Home
  • Neighborhood Views

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 8 Bedrooms
  • All Bedrooms Down
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen

Accessible Home Design

  • Doors swing in
  • More Than Two Accessible Exits

Utilities

  • Wall Furnace
  • Natural Gas Connected

Additional Features

  • Exterior Lighting
  • Urban Location

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 215
  • Tax Tract Number 602
  • Assessor Parcel Number 4046006012
  • $916 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 4 Units

Building Details

  • 5 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $70,980

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,338

Year Built

Built in 1955

Lot Details

0

Parking

4

Listing Details

  • Assessments: Yes
  • Price Per Unit: 298750
  • Property Attached: Yes
  • Road Surface Type: Paved
  • View: Yes
  • Zoning: HAR3YY
  • Architectural Style: Bungalow
  • Property Condition: Turnkey
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 4046006012
  • Year Built: 1955
  • Special Features: None

Interior Features

  • Common Walls: 2+ Common Walls, No One Above, No One Below
  • Flooring: Carpet, Vinyl, Wood
  • Accessibility Features: 2+ Access Exits, Doors - Swing In
  • Levels: One
  • Price Per Square Foot: 491.57
  • Room Type: All Bedrooms Down

Exterior Features

  • Foundation: Raised
  • View: Neighborhood
  • Pool Private: No
  • Roof: Asphalt, Shingle
  • Spa: No

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Garage Faces Rear
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: In Kitchen
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Storm Drains, Street Lights, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 5066.00
  • Lot Size Acres: 0.1163

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Average2 Bed Area: 623 Square Feet
  • Gross Income: 70980.00
  • Gross Scheduled Income: 70980.00
  • Lot Size Area: 5066.0000 Square Feet
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Rent Control: No

Tax Info

  • Tax Census Tract: 6021.05
  • Tax Lot: 215
  • Tax Tract Number: 602...
  • TaxOtherAnnualAssessmentAmount: 916.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 13, 2023
Sold by
Pandya Chintin and Pandya Shristi
Bought by
Chintin And Shristi Pandya Revocable Living T and Pandya
Current Estimated Value
$1,280,512

Purchase Details

Closed on
Apr 6, 2020
Sold by
Bollilng Brian E and Brian E Bolling Family Trust
Bought by
Bolling Brian E and Brian E Bolling Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$269,000
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 3, 2020
Sold by
Bolling Esther
Bought by
Bolling Brian E and Brian E Bolling Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$269,000
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 2, 2020
Sold by
Bolling Marc Rolf
Bought by
Bolling John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$269,000
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 24, 2014
Sold by
Bolling Brian E
Bought by
Bolling Brian E and Brian E Bolling Family Trust

Purchase Details

Closed on
Apr 6, 2005
Sold by
Bolling Brian E
Bought by
Bolling Brian E and Brian E Bolling Family Trust

Purchase Details

Closed on
Mar 29, 2001
Sold by
Bolling Esther L K
Bought by
Bolling Grian Erik

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
6.89%

Purchase Details

Closed on
Mar 28, 2001
Sold by
Bolling Roy Allen
Bought by
Bolling Brian Erik

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
6.89%
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
Chintin And Shristi Pandya Revocable Living T -- None Listed On Document
Bolling Brian E -- Lawyers Title
Bolling Brian E -- Lawyers Title La
Bolling John -- Lawyers Title
Bolling Brian E -- None Available
Bolling Brian E -- None Available
Bolling Brian E -- --
Bolling Grian Erik -- Southland Title
Bolling Brian Erik -- Southland Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bolling Brian E $269,000
Previous Owner Bolling Grian Erik $175,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/04/2022 05/04/22 Sold $1,225,000 +2.5% $492 / Sq Ft
03/03/2022 03/03/22 Pending -- -- --
02/26/2022 02/26/22 For Sale $1,195,000 -- $480 / 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 $16,338 $1,299,979 $689,785 $610,194
2024 $16,338 $1,274,490 $676,260 $598,230
2023 $15,730 $1,249,500 $663,000 $586,500
2022 $3,330 $196,033 $67,283 $128,750
2021 $3,290 $192,190 $65,964 $126,226
2019 $3,190 $186,491 $64,008 $122,483
2018 $3,006 $182,835 $62,753 $120,082
2016 $2,853 $175,737 $60,317 $115,420
2015 $2,792 $173,098 $59,411 $113,687
2014 $2,798 $169,709 $58,248 $111,461
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB22038525

California Regional Multiple Listing Service (CRMLS)

APN: 4046-006-012