$520,000
SOLD JUN 26, 2023

4366 W 116th St Hawthorne, CA 90250

4 Beds
2 Baths
1,315 Sq Ft
3,403 Sq Ft Lot

Recently Sold

$395 Per Sq Ft

22% Below List Price

36 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • Back Yard
  • 1 Car Attached Garage
  • Under Construction
  • 1-Story Property

About This Home

As of June 2023

***INCREDIBLE RARE OPPORTUNITY IN HAWTHORNE - CALLING ALL VISIONARY INVESTORS AND CASH BUYERS***

Attention! This is a rare gem that is guaranteed to ignite your investment instincts! This hidden treasure is a blank canvas, awaiting the touch of a creative investor, contractor, or developer-builder. Prepare to be captivated by the endless possibilities that await you!

The project features a charming Gingerbread house in the front that simply needs a tasteful remodel to bring it back to life. With 2 lemon trees on site, lemonade all around! And that's not all! This property also boasts a remarkable back Accessory Dwelling Unit (ADU) with stamped and approved plans for an epic transformation. Once completed, the total living space will reach a staggering 1315 square feet, offering immense upside potential and untapped value.

The front house boasts 2 bedrooms, a captivating Jack and Jill bathroom, and an open concept kitchen that eagerly awaits the installation of a sleek peninsula. In fact, the window permit is Ready-To-Issue (RTI), paving the way for a brilliant transformation. The front house spans an intimate 569 square feet, brimming with endless possibilities.

The back house, the crown jewel of this extraordinary opportunity, awaits your artistic touch. With 2 bedrooms, 1 bath, and new plumbing already in place, this ADU is primed for greatness. It requires work on the electrical system, roof, framing, and foundation, the heavy groundwork has already been laid. Trenching has been completed, preparing the stage for a grand overhaul.

The seller is highly motivated, and all offers will be considered. Time is of the essence, as they seek a lightning-fast close. This is a call to action for those with an insatiable appetite for thrilling investments so do your due diligence and don't miss out on this.

Last Agent to Sell the Property

Shonelle Blake

Dwell California Real Estate & Investments, Inc. License #01953271 Listed on: 05/03/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,805

Year Built

  • Built in 1925 | Under Construction

Lot Details

  • 3,403 Sq Ft Lot
  • Back Yard
  • Density is up to 1 Unit/Acre
  • On-Hand Building Permits
  • Property is zoned HAR3YY

Parking

  • 1 Car Attached Garage
  • Parking Available
  • Two Garage Doors

Home Design

  • Additions or Alterations
  • Major Repairs Completed
  • Fixer Upper
  • Flat Roof Shape
  • Asphalt Roof

Interior Spaces

  • 1,315 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Location

  • Urban Location

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 38
  • Tax Tract Number 10788
  • Assessor Parcel Number 4047016014
  • $778 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,805

Year Built

Built in 1925 | Under Construction

Lot Details

0

Parking

1

Listing Details

  • Structure Type: House
  • Assessments: No
  • Inclusions: Current plans and permits.
  • Property Attached: No
  • View: No
  • Zoning: HAR3YY
  • Property Condition: Additions/Alterations, Building Permit, Fixer, Repairs Major, Under Construction
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 4047016014
  • Year Built: 1925
  • Special Features: NewHome

Interior Features

  • Fireplace: No
  • Living Area: 1315.00 Square Feet
  • Stories: 1
  • Entry Location: Front
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 4
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 395.44
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No
  • Roof: Asphalt, Flat

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Garage - Two Door
  • Total Parking Spaces: 1.00

Utilities

  • Laundry: Yes
  • Laundry Features: Gas & Electric Dryer Hookup, Individual Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Urban

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Back Yard
  • Lot Size Sq Ft: 3403.00
  • Lot Size Acres: 0.0781

Multi Family

  • Lease Considered: No
  • Lot Size Area: 3403.0000 Square Feet
  • Number Of Units Total: 2

Tax Info

  • Tax Census Tract: 6021.04
  • Tax Lot: 38
  • Tax Tract Number: 10788
  • TaxOtherAnnualAssessmentAmount: 778.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2023
Closed on
Jun 22, 2023
Sold by
Nelco Enterprises Inc
Bought by
Petersen Bradley
Seller's Agent
Shonelle Blake
Dwell California Real Estate & Investments, Inc.
List Price
$670,000
Sold Price
$520,000
Premium/Discount to List
-$150,000
-22.39%
Views
381

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
32.13%

Purchase Details

Listed on
Oct 15, 2021
Closed on
Feb 10, 2022
Sold by
Bear Flag Homes Llc
Bought by
Nelco Enterprises Inc
Seller's Agent
Matthew Singer
Matthew Singer, Broker
Buyer's Agent
Alex Di Girgis
Clean Slate CA Inc.
List Price
$675,000
Sold Price
$490,000
Premium/Discount to List
-$185,000
-27.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.43%
Original Mortgage
$446,250
Interest Rate
3.56%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 15, 2021
Closed on
Jan 24, 2022
Sold by
Bear Flag Homes Llc
Bought by
Nelco Enterprises Inc
Seller's Agent
Matthew Singer
Matthew Singer, Broker
Buyer's Agent
Alex Di Girgis
Clean Slate CA Inc.
List Price
$675,000
Sold Price
$490,000
Premium/Discount to List
-$185,000
-27.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$446,250
Interest Rate
3.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 15, 2014
Sold by
Solano Ruben
Bought by
Solano Ruben and The Ruben Solano Trust

Purchase Details

Closed on
Dec 3, 1998
Sold by
Solano Ruben
Bought by
Solano Ruben

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,750
Interest Rate
6.78%
Source: Public Records

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Range of Values:

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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 Type Sale Price Title Company
Grant Deed $520,000 Lawyers Title Company
Grant Deed $525,000 Lawyers Title
Grant Deed $525,000 Lawyers Title
Grant Deed $485,000 Lawyers Title
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Fidelity Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $446,250 New Conventional
Previous Owner $446,250 New Conventional
Previous Owner $56,000 New Conventional
Previous Owner $100,000 Credit Line Revolving
Previous Owner $74,750 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/02/2025 07/02/25 Price Changed $875,000 -2.7% $732 / Sq Ft
06/02/2025 06/02/25 Price Changed $899,000 -2.2% $752 / Sq Ft
05/15/2025 05/15/25 Price Changed $919,000 -3.3% $769 / Sq Ft
04/25/2025 04/25/25 Price Changed $950,000 -4.9% $795 / Sq Ft
04/09/2025 04/09/25 Price Changed $999,000 -4.9% $836 / Sq Ft
03/21/2025 03/21/25 For Sale $1,050,000 +101.9% $879 / Sq Ft
06/26/2023 06/26/23 Sold $520,000 -9.6% $395 / Sq Ft
06/08/2023 06/08/23 Pending -- -- --
06/05/2023 06/05/23 Price Changed $575,000 -14.2% $437 / Sq Ft
05/03/2023 05/03/23 For Sale $670,000 +36.7% $510 / Sq Ft
02/10/2022 02/10/22 Sold $490,000 -27.4% $392 / Sq Ft
01/27/2022 01/27/22 For Sale $675,000 +37.8% $540 / Sq Ft
01/26/2022 01/26/22 Off Market $490,000 -- --
01/05/2022 01/05/22 Price Changed $675,000 -10.0% $540 / Sq Ft
12/11/2021 12/11/21 For Sale $749,995 +53.1% $600 / Sq Ft
12/10/2021 12/10/21 Off Market $490,000 -- --
11/11/2021 11/11/21 Price Changed $749,995 -6.3% $600 / Sq Ft
10/23/2021 10/23/21 Price Changed $799,995 -5.9% $640 / Sq Ft
10/15/2021 10/15/21 For Sale $849,995 -- $680 / 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
2024 $6,805 $530,400 $424,320 $106,080
2023 $6,738 $535,500 $459,000 $76,500
2022 $778 $31,353 $23,069 $8,284
2021 $770 $30,739 $22,617 $8,122
2019 $751 $29,830 $21,948 $7,882
2018 $697 $29,246 $21,518 $7,728
2016 $665 $28,113 $20,684 $7,429
2015 $653 $27,692 $20,374 $7,318
2014 $658 $27,150 $19,975 $7,175
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR23073254

California Regional Multiple Listing Service (CRMLS)

APN: 4047-016-014