NOT LISTED FOR SALE
16 Beds
16 Baths
7,752 Sq Ft
8,711 Sq Ft Lot

Sale Details

Date Sold: January 8, 2025

Last sale price $2,850,000 $368 Per Sq Ft

30 Days on Market

About This Home

As of January 2025

We are proud to present a meticulously maintained multi-family property in Hawthorne, now offered for sale by the original builder. Built in the 1980s, this asset features a desirable unit mix spread across 7,752 rental square feet on an 8,711 square foot lot. The unit configuration includes 6 (2-Bedroom/2-Bathroom) units, a unique Two-Story Townhouse unit that offers 1 Bedroom with an additional room that can be utilized as a home office or even a 2nd Bedroom and 2 full Bathrooms, and 3(1-Bedroom/1-Bathroom) units. Residents enjoy private gated entry and ample covered parking, with some units benefiting from two assigned spaces. The building is equipped with an intercom entry system, enhancing security and convenience. Each unit is also outfitted with essential appliances provided by the owner, including dishwashers and stoves. An onsite laundry facility adds to the daily convenience for tenants. Located within close proximity to key attractions such as Manhattan Beach, Sofi Stadium, and LAX Airport, this property offers a blend of suburban tranquility and urban accessibility, making it highly attractive to prospective tenants. This investment opportunity is ideal for those looking to acquire a well-maintained property, with a stable rental history, and potential for future growth.

Last Agent to Sell the Property

Kristopher German

RE/MAX 2000 REALTY Brokerage Phone: 909-645-0443 License #01800021 Listed on: 10/15/2024

RE/MAX 2000 REALTY

Last Buyer's Agent

Jerry Hsu

Shu-Hui Hsu License #01316593

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1985

Lot Details

  • 8,711 Sq Ft Lot
  • Two or More Common Walls
  • Density is 6-10 Units/Acre

Home Design

  • Apartment
  • Entry on the 1st floor

Interior Spaces

  • 7,752 Sq Ft Home
  • 2-Story Property
  • Laundry in unit

Bedrooms and Bathrooms

  • 16 Bedrooms
  • 16 Bathrooms

Parking

  • 18 Parking Spaces
  • 18 Carport Spaces

Outdoor Features

  • Rain Gutters

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 159
  • Tax Tract Number 1391
  • Assessor Parcel Number 4045009029
  • $2,530 per year additional tax assessments

Community Details

Building Details

  • Rent Control
  • 10 Separate Electric Meters
  • 10 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $1,060
  • Fuel Expense $375
  • Insurance Expense $5,500
  • Maintenance Expense $7,500
  • Other Expense $1,500
  • Trash Expense $5,780
  • Water Sewer Expense $2,870
  • New Taxes Expense $33,750
  • Operating Expense $58,335
  • Gross Income $213,720
  • Net Operating Income $148,974

Additional Features

  • 10 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1985

Lot Details

8,711 Sq Ft Lot

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 2870.00
  • Zoning: HAR3YY
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 4045009029
  • Year Built: 1985
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 367.65

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 18.00
  • Total Parking Spaces: 18.00

Utilities

  • Laundry: Yes
  • Laundry Features: Community, Inside
  • Sewer: Public Sewer
  • Trash Expense: 5780.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Curbs, Gutters, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 6-10 Units/Acre, Lot 6500-9999
  • Lot Size Sq Ft: 8711.00
  • Lot Size Acres: 0.2000

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Electric Expense: 1060.00
  • Fuel Expense: 375.00
  • Gross Income: 213720.00
  • Gross Operating Income: 207308.00
  • Gross Scheduled Income: 213720.00
  • Insurance Expense: 5500.00
  • Laundry Income: 1200.00
  • Lot Size Area: 8711.0000 Square Feet
  • Maintenance Expense: 7500.00
  • Net Operating Income: 148974.00
  • Number Of Separate Electric Meters: 10
  • Number Of Separate Gas Meters: 10
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 10
  • Operating Expense: 58335.00
  • Other Expense: 1500.00
  • Other Expense Description: Reserves
  • Rent Control: Yes
  • Total Actual Rent: 17710.00
  • Total Expenses: 58335.00

Tax Info

  • New Taxes Expense: 33750.00
  • Tax Census Tract: 6024.04
  • Tax Lot: 159
  • Tax Tract Number: 1391
  • TaxOtherAnnualAssessmentAmount: 2530.00

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
Apr 3, 2025
Sold by
Bought by

Purchase Details

Closed on
Mar 28, 2025
Sold by
Bought by

Purchase Details

Listed on
Oct 15, 2024
Closed on
Dec 27, 2024
Sold by
Bought by
Seller's Agent
Kristopher German
RE/MAX 2000 REALTY
Buyer's Agent
Jerry Hsu
Shu-Hui Hsu
List Price
$2,850,000
Sold Price
$2,850,000
Views
15

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
0.0681%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 15, 2024
Closed on
Nov 18, 2024
Sold by
Bought by
Seller's Agent
Kristopher German
RE/MAX 2000 REALTY
Buyer's Agent
Jerry Hsu
Shu-Hui Hsu
List Price
$2,850,000
Sold Price
$2,850,000
Views
15

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
0.0681%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 12, 2007
Sold by
Bought by

Purchase Details

Closed on
Oct 20, 2003
Sold by
Bought by

Purchase Details

Closed on
Jan 5, 1994
Sold by
Bought by

Purchase Details

Closed on
Nov 13, 1993
Sold by
Bought by
Source: Public Records
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

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
-- None Listed On Document
-- Fidelity Title
-- Fidelity Title
-- Fidelity Title
$2,850,000 Fidelity Title
-- None Available
-- --
-- --
-- --
$30,500 --
-- --
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
Previous Owner $750,000
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
01/08/2025 01/08/25 Sold $2,850,000 0.0% $368 / Sq Ft
11/14/2024 11/14/24 Pending -- -- --
11/04/2024 11/04/24 For Sale $2,850,000 0.0% $368 / Sq Ft
10/22/2024 10/22/24 Pending -- -- --
10/15/2024 10/15/24 For Sale $2,850,000 -- $368 / 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 $7,510 $356,484 $108,608 $247,876
2024 $6,773 $349,495 $106,479 $243,016
2023 $6,588 $342,643 $104,392 $238,251
2022 $6,626 $335,926 $102,346 $233,580
2021 $6,545 $329,340 $100,340 $229,000
2019 $6,363 $319,573 $97,365 $222,208
2018 $6,041 $313,307 $95,456 $217,851
2016 $5,667 $301,143 $91,750 $209,393
2015 $5,554 $296,620 $90,372 $206,248
2014 $5,576 $290,810 $88,602 $202,208
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: CV24213561

California Regional Multiple Listing Service (CRMLS)
Your Personal Tour Guide

Ask me questions while you tour the home.