Seller's Agent in 2016
Bill Mulkey
TR Wealth Management Inc.
(310) 919-7554
16 Total Sales
4359 W 136th St Hawthorne, CA 90250
13
Beds
7
Baths
5,510
Sq Ft
8,703
Sq Ft Lot
Highlights
- Fireplace in Primary Bedroom
- Tile Countertops
- 6 Detached Carport Spaces
- No HOA
- Laundry Room
- Wall Furnace
About This Home
As of September 2016This subject offering is a fantastic opportunity to own a two story, wood frame and stucco, 6-unit apartment complex in the City of Hawthorne, California. Property includes individual meters, coin laundry and carport parking. Located 1 block from Hawthorne Blvd and conveniently located near shopping centers, medical, and dental offices. Hawthorne is enjoying a large boost in apartment demand due to the nearby employment centers in the surrounding beach cities of Manhattan, Hermosa and Redondo. Also within proximity to Torrance, Gardena, and Lawndale which offers very desirable schools & employment opportunities such as Boeing, Space-X, and other Aerospace facilities.
The property includes a large ground-floor 3 bedroom/2 bathroom, owner’s unit, along with 5 2 bedroom/1 bathroom units with new paint, counter tops, and considerably nice upgrades. Rents average for the 2 bedrooms at $1350, creating the upside potential in rents by completing further upgrades. Ultimately raising rents to $1450-$1500 creating even more cash flow.The property is in better than average condition and should be able to lend a 70%-75% loan to a qualified investor at or below a 4% interest rate. Principal reduction & tax benefit are another reason to own this for the long term.
Last Agent to Sell the Property
TR Wealth Management Inc. License #00986020 Listed on: 06/02/2016
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1960
Lot Details
- 8,703 Sq Ft Lot
- Two or More Common Walls
- Density is up to 1 Unit/Acre
Home Design
- Property Attached
Interior Spaces
- 5,510 Sq Ft Home
- 2-Story Property
- Electric Fireplace
- Gas Fireplace
- Living Room with Fireplace
- Dining Room with Fireplace
Kitchen
- Tile Countertops
- Fireplace in Kitchen
Bedrooms and Bathrooms
- 13 Bedrooms
- Fireplace in Primary Bedroom
- 7 Bathrooms
- Fireplace in Bathroom
Laundry
- Laundry Room
- Leased Washer and Dryer
Parking
- 6 Parking Spaces
- 6 Detached Carport Spaces
- Parking Available
Additional Features
- Rain Gutters
- Wall Furnace
Listing and Financial Details
- Tenant pays for electricity, gas
- Tax Lot 429
- Tax Tract Number 5
- Assessor Parcel Number 4045007024
Community Details
Overview
- No Home Owners Association
- 6 Units
Amenities
- Laundry Facilities
Building Details
- 6 Separate Electric Meters
- 7 Separate Gas Meters
- 1 Separate Water Meter
- Gardener Expense $600
- Insurance Expense $1,929
- Maintenance Expense $3,100
- Professional Management Expense $6,199
- Trash Expense $117
- Water Sewer Expense $2,136
- New Taxes Expense $20,250
- Gross Income $5,311
- Net Operating Income $63,743
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
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/19/2016 09/19/16 | Sold | $1,330,000 | -1.5% | $241 / Sq Ft |
| 07/10/2016 07/10/16 | Pending | -- | -- | -- |
| 06/02/2016 06/02/16 | For Sale | $1,350,000 | +57.9% | $245 / Sq Ft |
| 06/30/2014 06/30/14 | Sold | $855,000 | +0.6% | $155 / Sq Ft |
| 05/09/2014 05/09/14 | Pending | -- | -- | -- |
| 11/08/2013 11/08/13 | For Sale | $850,000 | -- | $154 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
Agents Affiliated with this Home
-
Bill Mulkey
-
David Solomon
D
Buyer's Agent in 2016
David Solomon
Douglas Elliman of California, Inc.
(424) 400-5905
-
Martin Gonzalez
Seller's Agent in 2014
Martin Gonzalez
Realty Executives
(562) 843-1103
140 Total Sales
-
M
Seller Co-Listing Agent in 2014
Michael Johnson
Realty Executives All Cities
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB16118875
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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