NOT LISTED FOR SALE

Estimated Value: $1,169,000 - $1,353,530

7 Beds
3 Baths
2,824 Sq Ft
$444/Sq Ft Est. Value

Sale Details

Date Sold: January 6, 2022

Last sale price $1,200,000 $425 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $8,279 / mo

Highlights

  • All Bedrooms Downstairs
  • No HOA
  • Wall Furnace

About This Home

As of January 2022

Great property located in Hawthorne with 3 units and 4 car garages with 5 additional spaces. Front house 3 bedrooms and 1 bathroom with a new roof. The back (2) units are 2 bedrooms and 1 bathroom each both tenants have lived there for many years. The front unit has new windows and laminated flooring, and a new water heater. Excellent property for a first-time home buyer that would like to live in one and rent the others for additional income.

Last Agent to Sell the Property

Ramsey Oliveras

Estate Properties License #01141551 Listed on: 01/06/2022

Estate Properties

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1947

Lot Details

  • 8,689 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Parking

  • 3 Car Garage

Home Design

  • 2,824 Sq Ft Home
  • Property Attached
  • Composition Roof
  • Stucco

Bedrooms and Bathrooms

  • 7 Bedrooms
  • All Bedrooms Down
  • 3 Bathrooms

Laundry

  • Laundry in Garage
  • Gas And Electric Dryer Hookup

Outdoor Features

  • Rain Gutters

Utilities

  • Wall Furnace
  • No Utilities

Listing and Financial Details

  • Tax Lot 57
  • Tax Tract Number 1391
  • Assessor Parcel Number 4077002006
  • $992 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units

Amenities

  • Laundry Facilities

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,300
  • Trash Expense $900
  • Water Sewer Expense $2,100
  • New Taxes Expense $13,800
  • Operating Expense $18,100
  • Gross Income $66,060
  • Net Operating Income $47,960

Property Details

Home Type

Multi-Family

Year Built

Built in 1947

Lot Details

8,689 Sq Ft Lot

Parking

3

Listing Details

  • Assessments: Yes
  • CapRate: 4.00
  • Property Attached: Yes
  • View: No
  • Water Sewer Expenses: 2100.00
  • Zoning: HAR1YY
  • Property Type: Residential Income
  • Parcel Number: 4077002006
  • Year Built: 1947
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: 1 Common Wall
  • Levels: One
  • Price Per Square Foot: 424.93
  • Room Type: All Bedrooms Down, Kitchen

Exterior Features

  • Fence: No
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: None
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Gas & Electric Dryer Hookup, In Garage
  • Sewer: Public Sewer
  • Trash Expense: 900.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Gutters, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 8689.00
  • Lot Size Acres: 0.1995

Multi Family

  • Gross Income: 66060.00
  • Gross Multiplier: 18.16
  • Gross Operating Income: 66060.00
  • Gross Scheduled Income: 66060.00
  • Insurance Expense: 1300.00
  • Lot Size Area: 8689.0000 Square Feet
  • Net Operating Income: 47960.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Number With Carpet: 2
  • Operating Expense: 18100.00
  • Operating Expense Percent: 27.00
  • Rent Control: No
  • Total Actual Rent: 5505.00
  • Total Expenses: 18100.00

Tax Info

  • New Taxes Expense: 13800.00
  • Tax Census Tract: 6024.04
  • Tax Lot: 57
  • Tax Tract Number: 1391
  • TaxOtherAnnualAssessmentAmount: 992.00

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 19, 2004
Sold by
Bought by
Current Estimated Value
$1,252,883

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Outstanding Balance
$156,113
Interest Rate
5.97%
Mortgage Type
Seller Take Back
Estimated Equity
$1,096,770

Purchase Details

Closed on
Jul 12, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Outstanding Balance
$156,113
Interest Rate
5.97%
Mortgage Type
Seller Take Back
Estimated Equity
$1,096,770

Purchase Details

Closed on
Nov 25, 2002
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Hawthorne, CA

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Commerce Title Company
$475,000 Commerce Title Company
-- --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $320,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
01/06/2022 01/06/22 Sold $1,200,000 0.0% $425 / Sq Ft
01/06/2022 01/06/22 Pending -- -- --
01/06/2022 01/06/22 For Sale $1,200,000 -- $425 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $16,704 $1,273,449 $795,906 $477,543
2024 $16,106 $1,248,480 $780,300 $468,180
2023 $15,512 $1,224,000 $765,000 $459,000
2022 $8,670 $623,904 $525,399 $98,505
2021 $8,552 $611,672 $515,098 $96,574
2020 $8,528 $605,401 $509,817 $95,584
2019 $8,264 $593,531 $499,821 $93,710
2018 $7,844 $581,894 $490,021 $91,873
2016 $7,449 $559,300 $470,994 $88,306
2015 $7,285 $550,900 $463,920 $86,980
2014 $7,258 $540,110 $454,833 $85,277
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV22002813

California Regional Multiple Listing Service (CRMLS)

APN: 4077-002-006

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