NOT LISTED FOR SALE

4578 W Broadway Hawthorne, CA 90250

4 Beds
4 Baths
14,428 Sq Ft
0.29 Acres

Last Sold October 20, 2016

Last sale price $2,850,000 $198 Per Sq Ft

Highlights

  • Gated Parking
  • 12,680 Sq Ft lot
  • Guest Parking

About This Home

As of October 2016

We are pleased to present 4578 Broadway, Hawthorne, CA. Built in 1988, this is the first time that this property has been marketed by the original owners and builders. Broadway offers a great unit mix of six (6) 2 bedrooms/2.5 bath townhouse style units and six (6) 2 bedroom/2 bath units. This has created a layout conducive to neighborly compatibility and neighborhood watch, which has resulted into low unit turnover. The property also features a lush courtyard and ample parking (24 resident spaces plus 3 guest spaces)

Last Agent to Sell the Property

Stephen Takahashi

Lyon Stahl Investment Real Estate, Inc. License #01944770 Listed on: 07/23/2016

Lyon Stahl Investment Real Estate, Inc.

Last Buyer's Agent

Stephen Takahashi

Lyon Stahl Investment Real Estate, Inc. License #01944770 Listed on: 07/23/2016

Lyon Stahl Investment Real Estate, Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1988

Lot Details

  • 0.29 Acre Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 24 Car Garage
  • 3 Carport Spaces
  • Parking Available
  • Gated Parking
  • Guest Parking

Home Design

  • 14,428 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Additional Features

  • Urban Location
  • Septic Type Unknown

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 2
  • Tax Tract Number 2272
  • Assessor Parcel Number 4041011047

Community Details

Overview

  • 2 Units

Building Details

  • 12 Separate Electric Meters
  • 12 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $1,697
  • Insurance Expense $3,804
  • Professional Management Expense $8,823
  • Trash Expense $4,044
  • Water Sewer Expense $6,711
  • New Taxes Expense $35,000
  • Gross Income $14,705
  • Net Operating Income $100,706

Property Details

Home Type

Multi-Family

Year Built

Built in 1988

Lot Details

0

Parking

24

Listing Details

  • CapRate: 3.60
  • Professional Management Expense: 8823.00
  • Property Attached: Yes
  • Water Sewer Expenses: 6711.00
  • Property Type: Residential Income
  • Parcel Number: 4041011047
  • Year Built: 1988
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 197.53

Garage/Parking

  • Carport Spaces: 3.00
  • Garage Spaces: 24.00
  • Parking: Yes
  • Parking Features: Gated, Guest
  • Total Parking Spaces: 27.00

Utilities

  • Sewer: Unknown
  • Trash Expense: 4044.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 12680.00
  • Price Per Lot Square Foot: 220.82

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Electric Expense: 1697.00
  • Gross Income: 14705.00
  • Gross Multiplier: 15.98
  • Gross Scheduled Income: 167697.00
  • Insurance Expense: 3804.00
  • Net Operating Income: 100706.00
  • Number Of Separate Electric Meters: 12
  • Number Of Separate Gas Meters: 12
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • New Taxes Expense: 35000.00
  • Tax Lot: 2
  • Tax Tract Number: 2272

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/20/2016 10/20/16 Sold $2,850,000 +1.8% $198 / Sq Ft
07/23/2016 07/23/16 Pending -- -- --
07/23/2016 07/23/16 For Sale $2,800,000 -- $194 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB16161402

California Regional Multiple Listing Service (CRMLS)