NOT LISTED FOR SALE

4456 W 137th Place Hawthorne, CA 90250

Estimated Value: $1,569,000 - $2,145,000

5 Beds
3 Baths
4,482 Sq Ft
$423/Sq Ft Est. Value

Last Sold May 24, 2018

Last sale price $1,290,000 $288 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $11,897/month

5 Days on Market

About This Home

As of May 2018

Large and spacious 4-unit building in the heart of Hawthorne. Ramona/Burleigh is a highly sought-after neighborhood with a nice mix single family homes and multi-unit properties. The building consists of (2) 3 Bedroom/ 1.75 Bathroom Units, and (2) 2 Bedroom/ 1 Bathroom all of which are very large and with their own laundry hookups. There is also a community laundry room with a coin operated washer and dryer. There is a new 2-year-old roof. There are 7 parking spaces, 4 under a carport with storage. Large rental upside with 2 units being delivered vacant. Convenient access to nearby freeways, beaches, and LAX. Centrally located to the aerospace industry as well as a short commute to Silicon Beach. Close proximity to the NFL complex and entertainment district in Inglewood, the Fabulous Forum, shopping at South Bay Galleria.

Last Agent to Sell the Property

Jose Gomez

Crestico Realty License #01169730 Listed on: 03/07/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $19,086

Year Built

  • Built in 1963

Lot Details

  • 6,151 Sq Ft Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Home Design

  • Property Attached

Interior Spaces

  • 4,482 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Parking

  • 1 Open Parking Space
  • 5 Parking Spaces
  • 4 Carport Spaces

Location

  • Suburban Location

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 114
  • Tax Tract Number 6024
  • Assessor Parcel Number 4043012006

Community Details

Overview

  • 2 Buildings
  • 4 Units

Amenities

  • Laundry Facilities

Building Details

  • 3 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $240
  • Insurance Expense $1,000
  • Trash Expense $1,200
  • Water Sewer Expense $1,500
  • New Taxes Expense $15,625
  • Operating Expense $19,565
  • Gross Income $69,475
  • Net Operating Income $69,475

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$19,086

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Assessments: No
  • Other Phone Description: Manuel Haro
  • Other Phone Number: 4242613358
  • Property Attached: Yes
  • Water Sewer Expenses: 1500.00
  • Zoning: HAR3YY
  • Property Type: Residential Income
  • Parcel Number: 4043012006
  • Year Built: 1963
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 287.82

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 4.00
  • Total Parking Spaces: 5.00
  • Uncovered Spaces: 1.00

Utilities

  • Laundry: Yes
  • Laundry Features: Community, Inside
  • Sewer: Public Sewer
  • Trash Expense: 1200.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6151.00

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Electric Expense: 240.00
  • Gross Income: 69475.00
  • Gross Scheduled Income: 89040.00
  • Insurance Expense: 1000.00
  • Laundry Equipment Own Lease: Own
  • Laundry Income: 120.00
  • Net Operating Income: 69475.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 4
  • Operating Expense: 19565.00
  • Rent Control: No
  • Total Actual Rent: 5230.00
  • Total Expenses: 19565.00

Tax Info

  • New Taxes Expense: 15625.00
  • Tax Census Tract: 6024.02
  • Tax Lot: 114
  • Tax Tract Number: 6024.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 8, 2021
Sold by
Abouelata Wesam and Hashalh Sabah
Bought by
Z & M Investment Partners Llc
Current Estimated Value
$1,895,220

Purchase Details

Closed on
Oct 26, 2020
Sold by
Z And M Investment Partners Llc
Bought by
Abouelata Wesam and Hashalh Sabah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$926,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 7, 2018
Closed on
May 30, 2018
Sold by
Hashalh Sabah
Bought by
Z And M Investment Partners Llc
Seller's Agent
Jose Gomez
Crestico Realty
List Price
$1,250,000
Sold Price
$1,290,000
Premium/Discount to List
$40,000
3.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.37%

Purchase Details

Closed on
Mar 12, 2018
Sold by
Garcia Gloria
Bought by
Abouelata Wesam and Hashalh Sabah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$967,500
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 17, 2010
Sold by
Garcia Gloria and Vergara Franko G
Bought by
Garcia Gloria and Vergara Franko G

Purchase Details

Closed on
Nov 22, 2006
Sold by
Rillagodage Jayantha Sunila
Bought by
Vergara Franko G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$776,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 28, 2005
Sold by
Kodituwakku Kithsin
Bought by
Rillagodage Jayantha Sunila

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$542,500
Interest Rate
7%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 27, 2005
Sold by
Le Tracy Thuy and The Tracy Thuy Le Living Trust
Bought by
Rillagodage Jayantha Sunila

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$542,500
Interest Rate
7%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 8, 2003
Sold by
Tahran Rodney L and The Rodney L Tahran Trust
Bought by
Le Tracy Thuy and The Tracy Thuy Le Living Trust

Purchase Details

Closed on
Nov 4, 2002
Sold by
Brar Bhupinder S and Brar Sarbjeet K
Bought by
Taharan Rodney L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$368,000
Interest Rate
5.88%

Purchase Details

Closed on
Oct 28, 2002
Sold by
Tehran Rodney L and Le Tracy Thuy
Bought by
The Rodney L Tehran Trust and The Tracy Thuy Le Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$368,000
Interest Rate
5.88%

Purchase Details

Closed on
Apr 26, 1995
Sold by
Hanzy Luciana P
Bought by
Brar Bhupinder S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,600
Interest Rate
8.36%
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
Z & M Investment Partners Llc -- Accommodation
Abouelata Wesam -- Chicago Title Company
Z And M Investment Partners Llc -- None Available
Abouelata Wesam $1,290,000 First American Title Company
Garcia Gloria -- None Available
Vergara Franko G $1,000,000 Lawyers Title
Rillagodage Jayantha Sunila -- Lawyers Title
Rillagodage Jayantha Sunila $775,000 --
Le Tracy Thuy -- --
Taharan Rodney L $460,000 --
The Rodney L Tehran Trust -- --
Brar Bhupinder S $284,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Z & M Investment Partners Llc $3,365,000
Previous Owner Abouelata Wesam $926,000
Previous Owner Abouelata Wesam $967,500
Previous Owner Vergara Franko G $776,000
Previous Owner Rillagodage Jayantha Sunila $542,500
Previous Owner Taharan Rodney L $368,000
Previous Owner Brar Bhupinder S $225,600
Closed Brar Bhupinder S $30,000
Closed Rillagodage Jayantha Sunila $77,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2018 05/24/18 Sold $1,290,000 +3.2% $288 / Sq Ft
03/12/2018 03/12/18 Pending -- -- --
03/07/2018 03/07/18 For Sale $1,250,000 -- $279 / 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 $19,086 $1,515,402 $757,701 $757,701
2024 $19,086 $1,485,690 $742,845 $742,845
2023 $18,378 $1,456,560 $728,280 $728,280
2022 $18,651 $1,428,000 $714,000 $714,000
2021 $18,390 $1,400,000 $700,000 $700,000
2020 $17,796 $1,342,116 $645,048 $697,068
2019 $17,216 $1,315,800 $632,400 $683,400
2018 $12,805 $980,000 $653,300 $326,700
2016 $11,939 $920,000 $613,300 $306,700
2015 $10,593 $816,000 $544,000 $272,000
2014 $8,610 $640,000 $426,700 $213,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR18052026

California Regional Multiple Listing Service (CRMLS)

APN: 4043-012-006