NOT LISTED FOR SALE

4455 W Rosecrans Ave Hawthorne, CA 90250

Estimated Value: $1,113,000 - $1,357,000

5 Beds
3 Baths
2,743 Sq Ft
$439/Sq Ft Est. Value

Last Sold June 18, 2021

Last sale price $1,030,000 $376 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $7,751/month

37 Days on Market

Highlights

  • Gated Parking
  • Bonus Room
  • Accessible Parking
  • Gated Community
  • Laundry Room
  • 3 Car Garage

About This Home

As of June 2021

Great opportunity to own a 3 unit apartment complex, 4457 and 4457 1/2 have 2 garages, 2 bedroom, 1 bath, newly remodeled. they also have a porch to barbeque, reserve parking available, including laundry washer and dryer inside the apartment, both including brand new refrigerator and stove .
4455 A is a large 1 bedroom 1 bath, newly remodeled, including new refrigerator and new stove, reserve parking available.
4455 B is a non conforming bonus 1 bedroom 1 bath being rented on a month to month basis. This unit can be converted back to a storage room or garage.
Secure and gated community with long term tenants on a month to month and all up to date with rent.
The complex is located in West Hawthorne, near the 405 Freeway, shopping, NFL stadium, and Spacex.
Submit an offer subject to interior inspection.

Last Agent to Sell the Property

Alejandro Nava

West Shores Realty, Inc. License #01782501 Listed on: 02/01/2021

West Shores Realty, Inc.

Last Buyer's Agent

Austin Zahn

Lyon Stahl Investment Real Estate, Inc. License #01936451

Lyon Stahl Investment Real Estate, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,240

Year Built

  • Built in 1948

Lot Details

  • 4,632 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 3 Car Garage
  • Parking Available
  • Gated Parking
  • Assigned Parking

Home Design

  • Asphalt Roof

Interior Spaces

  • 2,743 Sq Ft Home
  • 2-Story Property
  • Bonus Room

Kitchen

  • Gas Oven
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Accessible Home Design

  • Accessible Parking

Utilities

  • Wall Furnace
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 302
  • Tax Tract Number 2049
  • Assessor Parcel Number 4043032021

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $972
  • Trash Expense $588
  • Water Sewer Expense $4,800
  • New Taxes Expense $12,500
  • Operating Expense $18,638
  • Gross Income $70,800
  • Net Operating Income $52,162

Security

  • Gated Community

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,240

Year Built

Built in 1948

Lot Details

0

Parking

3

Listing Details

  • Other Phone Description: 5622448599
  • Property Attached: No
  • Security: Gated Community
  • Water Sewer Expenses: 4800.00
  • Zoning: LNM1YY
  • Property Type: Residential Income
  • Parcel Number: 4043032021
  • Year Built: 1948
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: No Common Walls
  • Accessibility Features: Parking, See Remarks
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 375.50
  • Room Type: Bonus Room

Exterior Features

  • Pool Private: No
  • Roof: Asphalt

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Assigned, Garage, Gated
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Cable Available, Cable Connected, Phone Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Disposal, Gas Oven, Refrigerator
  • Heating Type: Wall Furnace
  • Laundry Features: Dryer Included, Washer Included
  • Sewer: Public Sewer
  • Trash Expense: 588.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 4632.00
  • Lot Size Acres: 0.1063

Multi Family

  • Gross Income: 70800.00
  • Gross Scheduled Income: 70800.00
  • Insurance Expense: 972.00
  • Lot Size Area: 4632.0000 Square Feet
  • Net Operating Income: 52162.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 18638.00
  • Rent Control: Yes
  • Total Expenses: 18638.00

Tax Info

  • New Taxes Expense: 12500.00
  • Tax Census Tract: 6039.00
  • Tax Lot: 302
  • Tax Tract Number: 2049

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2021
Closed on
Jun 12, 2021
Sold by
Takriti Ola
Bought by
Mudallal Mikel
Seller's Agent
Alejandro Nava
West Shores Realty, Inc.
Buyer's Agent
Austin Zahn
Lyon Stahl Investment Real Estate, Inc.
List Price
$999,999
Sold Price
$1,030,000
Premium/Discount to List
$30,001
3%
Current Estimated Value
$1,204,523

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$174,523
Avg. Annual Appreciation
2.64%

Purchase Details

Closed on
Apr 9, 2021
Sold by
Tissa William N and William N Tissa Trust
Bought by
Mudallal Mikel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 23, 2008
Sold by
Tissa William N F
Bought by
Tissa William N and William N Tissa Trust

Purchase Details

Closed on
Nov 21, 2002
Sold by
Wong Tissa William N F and Wong Tissa Imelda
Bought by
Wong Tissa William N F and Wong Tissa Imelda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$282,338
Interest Rate
6.28%
Source: Public Records

Range of Values:

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Average Value
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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 Buyer Sale Price Title Company
Mudallal Mikel -- Ticor Title Company
Mudallal Mikel $1,010,000 Ticor Title Company
Tissa William N -- None Available
Wong Tissa William N F -- Lawyers Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mudallal Mikel $700,000
Previous Owner Wong Tissa William N F $282,338
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/18/2021 06/18/21 Sold $1,030,000 -2.8% $376 / Sq Ft
05/10/2021 05/10/21 Price Changed $1,060,000 0.0% $386 / Sq Ft
03/10/2021 03/10/21 Pending -- -- --
02/08/2021 02/08/21 Price Changed $1,060,000 +6.0% $386 / Sq Ft
02/01/2021 02/01/21 For Sale $999,999 -- $365 / 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
2025 $14,240 $1,093,254 $524,978 $568,276
2024 $14,240 $1,071,819 $514,685 $557,134
2023 $13,477 $1,050,804 $504,594 $546,210
2022 $13,379 $1,030,200 $494,700 $535,500
2021 $5,964 $416,406 $320,319 $96,087
2020 $5,973 $412,377 $317,035 $95,342
2019 $5,757 $404,297 $310,819 $93,478
2018 $5,609 $396,375 $304,725 $91,650
2016 $5,178 $380,754 $292,893 $87,861
2015 $5,048 $375,036 $288,494 $86,542
2014 $5,026 $367,690 $282,843 $84,847
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IN21021063

California Regional Multiple Listing Service (CRMLS)

APN: 4043-032-021