Seller's Agent in 2020
Jonathan Weir
Marcus & Millichap
(310) 909-5500
79 Total Sales
Estimated Value: $913,000 - $979,000
This offering presents an amazing opportunity to invest in value-add apartment community in one of the most centrally located parts of the South Bay. With easy access to major employers off of Hawthorne Blvd and quick access to the freeway, this makes for a convenient location for tenants. Its proximity to the South Bay Galleria development site less than a mile away , gives this asset a clear long term strategy. That project alone should have huge impacts on values and market rents in the area. Current owner lives out of the area and has failed to raise rents over the years or manage the property correctly. Once renovated and rented at market, this will make for an incredible passive income asset with significant long term appreciation potential. Call for offers Jan 31st . Open to accepting offers beforehand with proof of funds. (one 3b2b and three 2b1b units)
Last Agent to Sell the Property
Marcus & Millichap License #02038545 Listed on: 12/30/2019
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
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 |
|---|---|---|---|
| -- | None Listed On Document | ||
| $1,280,000 | Chicago Title Company | ||
| $330,000 | Fidelity National Title Co | ||
| $310,000 | Fidelity National Title Co | ||
| $103,000 | Fidelity National Title | ||
| $116,000 | American Title Ins Co | ||
| -- | -- |
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 |
|---|---|---|---|
| Previous Owner | $401,250 | ||
| Previous Owner | $460,400 | ||
| Previous Owner | $460,400 | ||
| Previous Owner | $264,000 | ||
| Previous Owner | $248,000 | ||
| Previous Owner | $42,554 | ||
| Previous Owner | $97,000 |
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 |
|---|---|---|---|---|
| 03/24/2020 03/24/20 | Sold | $1,280,000 | -8.5% | $373 / Sq Ft |
| 01/13/2020 01/13/20 | Price Changed | $1,399,000 | -6.7% | $408 / Sq Ft |
| 01/01/2020 01/01/20 | Pending | -- | -- | -- |
| 12/30/2019 12/30/19 | For Sale | $1,500,000 | -- | $437 / Sq Ft |
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 | $9,657 | $710,865 | $470,265 | $240,600 |
| 2024 | $9,308 | $696,928 | $461,045 | $235,883 |
| 2023 | $8,814 | $683,263 | $452,005 | $231,258 |
| 2022 | $8,818 | $669,867 | $443,143 | $226,724 |
| 2021 | $9,239 | $656,733 | $434,454 | $222,279 |
| 2020 | $6,036 | $437,010 | $180,101 | $256,909 |
| 2019 | $5,810 | $428,442 | $176,570 | $251,872 |
| 2018 | $5,660 | $420,042 | $173,108 | $246,934 |
| 2016 | $5,259 | $403,734 | $166,387 | $237,347 |
| 2015 | $5,125 | $397,670 | $163,888 | $233,782 |
| 2014 | $5,097 | $389,881 | $160,678 | $229,203 |
Seller's Agent in 2020
Jonathan Weir
Marcus & Millichap
(310) 909-5500
79 Total Sales
Buyer's Agent in 2020
Poul Erik Norgaard
Compass
(323) 719-8005
35 Total Sales
Source: The MLS
MLS Number: 19-539200
APN: 4075-006-005
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