NOT LISTED FOR SALE

4670 W El Segundo Blvd Hawthorne, CA 90250

Estimated Value: $1,214,000 - $1,237,000

8 Beds
4 Baths
3,660 Sq Ft
$334/Sq Ft Est. Value

Last Sold September 13, 2024

Last sale price $1,175,000 $321 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $6,767/month

28 Days on Market

Highlights

  • Property is near public transit
  • Laundry Room
  • Rectangular Lot
  • No HOA
  • 4 Car Garage
  • Carpet

About This Home

As of September 2024

Held by the same Owner for over 40 years this is Bread and Butter investment. Located on the west side of Hawthorne in the Ramona tract with easy access to freeways and transportation, schools and commercial. Big and boxy 4 unit apartment building makes a great starter investment or perfect add on to your portfolio. These units all have good upside potential in the rents and currently are occupied by long-time tenants.

Last Agent to Sell the Property

Ross Moore CCIM

Estate Properties Brokerage Phone: 310-947-6997 License #00630984 Listed on: 07/12/2024

Estate Properties

Last Buyer's Agent

HENRY WALLACE

Henry Wallace License #01729574

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,116

Year Built

  • Built in 1955

Lot Details

  • 5,123 Sq Ft Lot
  • Two or More Common Walls
  • Rectangular Lot

Parking

  • 4 Car Garage
  • Parking Available

Home Design

  • Quadruplex
  • Entry on the 2nd floor

Interior Spaces

  • 3,660 Sq Ft Home
  • 2-Story Property
  • Gas Range

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Location

  • Property is near public transit

Utilities

  • Wall Furnace
  • Natural Gas Connected
  • Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot A
  • Tax Tract Number 18105
  • Assessor Parcel Number 4042002016
  • $3,030 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Amenities

  • Laundry Facilities

Building Details

  • 4 Leased Units
  • Rent Control
  • 5 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $360
  • Fuel Expense $400
  • Gardener Expense $500
  • Insurance Expense $3,800
  • Trash Expense $2,200
  • Water Sewer Expense $2,400
  • New Taxes Expense $16,500
  • Operating Expense $30,106
  • Gross Income $89,880
  • Net Operating Income $55,912

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,116

Year Built

Built in 1955

Lot Details

0

Parking

4

Listing Details

  • CapRate: 4.22
  • Price Per Unit: 331250
  • Property Attached: Yes
  • View: No
  • Water Sewer Expenses: 2400.00
  • Zoning: HAR4YY
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Gardener Expense: 500.00
  • Parcel Number: 4042002016
  • Year Built: 1955
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 2
  • Entry Location: 1
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Laminate
  • Appliances: Yes
  • Entry Level: 2
  • Levels: Two
  • Price Per Square Foot: 321.04

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Cable Available, Cable Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range, Water Heater
  • Heating Type: Wall Furnace
  • Laundry Features: Common Area, Dryer Included, Gas Dryer Hookup, Washer Included
  • Sewer: Public Sewer
  • Trash Expense: 2200.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Rectangular Lot, Near Public Transit
  • Lot Size Sq Ft: 5123.00
  • Lot Size Acres: 0.1176
  • Latitude Manual: 33.91615500

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Average2 Bed Area: 915 Square Feet
  • Electric Expense: 360.00
  • Fuel Expense: 400.00
  • Gross Income: 89880.00
  • Gross Operating Income: 86019.00
  • Gross Scheduled Income: 88680.00
  • Insurance Expense: 3800.00
  • Laundry Equipment Own Lease: Own
  • Laundry Income: 100.00
  • Lot Size Area: 5123.0000 Square Feet
  • Net Operating Income: 55912.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Number With Range: 4
  • Operating Expense: 30106.00
  • Operating Expense Percent: 35.00
  • Rent Control: Yes
  • Total Actual Rent: 7390.00
  • Total Expenses: 30106.00
  • Vacancy Allowance: 2660
  • Vacancy Allowance Rate: 3.00

Tax Info

  • New Taxes Expense: 16500.00
  • Tax Census Tract: 6024.02
  • Tax Lot: A
  • Tax Tract Number: 18105
  • TaxOtherAnnualAssessmentAmount: 3030.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2024
Closed on
Sep 9, 2024
Sold by
Ayanfemi-Adebayo Damilola S
Bought by
Adebayo Oluwatosin Ayomikun
Seller's Agent
Ross Moore CCIM
Estate Properties
Buyer's Agent
HENRY WALLACE
Henry Wallace
List Price
$1,325,000
Sold Price
$1,175,000
Premium/Discount to List
-$150,000
-11.32%
Views
7
Current Estimated Value
$1,222,511

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,511
Avg. Annual Appreciation
3.81%
Original Mortgage
$1,057,500
Outstanding Balance
$1,045,209
Interest Rate
6.73%
Mortgage Type
New Conventional
Estimated Equity
$177,302

Purchase Details

Listed on
Jul 12, 2024
Closed on
Aug 7, 2024
Sold by
Frances L Korshavn Survivors Trust and Olson Kristin M
Bought by
Adebayo Oluwatosin Ayomikun
Seller's Agent
Ross Moore CCIM
Estate Properties
Buyer's Agent
HENRY WALLACE
Henry Wallace
List Price
$1,325,000
Sold Price
$1,175,000
Premium/Discount to List
-$150,000
-11.32%
Views
7

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,057,500
Outstanding Balance
$1,045,209
Interest Rate
6.73%
Mortgage Type
New Conventional
Estimated Equity
$177,302

Purchase Details

Closed on
Jan 27, 2015
Sold by
Olson Kristin M
Bought by
Olson Kristin M and Frances L Korshavn Survivors Trust

Purchase Details

Closed on
Dec 19, 2006
Sold by
Korshavn Frances L and Korshavn Sherman I
Bought by
Korshavn Frances L and Frances L Korshavn Survivors Trust
Source: Public Records

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 Buyer Sale Price Title Company
Adebayo Oluwatosin Ayomikun -- Wfg National Title
Adebayo Oluwatosin Ayomikun $1,175,000 Wfg National Title
Olson Kristin M -- None Available
Korshavn Frances L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Adebayo Oluwatosin Ayomikun $1,057,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/13/2024 09/13/24 Sold $1,175,000 -11.3% $321 / Sq Ft
07/12/2024 07/12/24 For Sale $1,325,000 -- $362 / 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 $3,116 $1,175,000 $800,000 $375,000
2024 $3,116 $169,821 $51,387 $118,434
2023 $3,030 $166,492 $50,380 $116,112
2022 $3,051 $163,229 $49,393 $113,836
2021 $3,008 $160,029 $48,425 $111,604
2019 $2,921 $155,485 $46,990 $108,495
2018 $2,742 $152,441 $46,069 $106,372
2016 $2,588 $146,331 $44,281 $102,050
2015 $2,535 $144,134 $43,616 $100,518
2014 $2,543 $141,311 $42,762 $98,549
Source: Public Records

Agents Affiliated with this Home

  • Ross Moore CCIM

    Seller's Agent in 2024

    Ross Moore CCIM

    RE/MAX

    (310) 947-6997

    1 in this area

    14 Total Sales

    Ross Moore CCIM
    Section Image

  • H

    Buyer's Agent in 2024

    HENRY WALLACE

    Henry Wallace

    (310) 940-4624

    2 in this area

    36 Total Sales

    HENRY WALLACE
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB24141660

California Regional Multiple Listing Service (CRMLS)

APN: 4042-002-016

California Los Angeles County Hawthorne 90250

4670 W El Segundo Blvd, Hawthorne, CA

This home is located at 4670 W El Segundo Blvd, Hawthorne, CA 90250 since 12 July 2024 and is currently estimated at $1,222,511, approximately $334 per square foot. This property was built in 1955. 4670 W El Segundo Blvd is a home located in Los Angeles County with nearby schools including Ramona Elementary School, Hawthorne Middle School, and Hawthorne High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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