Seller's Agent in 2024
Pat Swanson
Pat Swanson
(213) 864-2862
1 in this area
55 Total Sales
Sixteen (16) Non-Rent Controlled Units in Hawthorne; less than one (1) Mile to Space X and the Tesla Design Center. Offered at only $205,938 / Unit, the property boasts a 5.39% Actual CAP, and 7.70% Pro-Forma CAP Return. This recession proof complex has a Unit Mix of: One (1) 2 Bedroom/1Bath, Five (5) 1 Bedroom/1Bath and Ten (10) Studios, which rarely become vacant. Furthermore, the real estate sits on Two Parcels of land (a Fourteen (14) unit Parcel, and a Two (2) unit Parcel), which makes the need for a dedicated on-site manager optional ~ buyer to verify. The property has ample parking with Six (6) Open Stalls, Twelve (12) Carports and One (1) Garage, allowing for ADU Opportunities as well. The City of Hawthorne has become highly sought after due to its centralized location with Playa Del Ray directly to the West, and Culver City bordering to the North. Note: Although the property is NOT subject to any City Rent Control requirements, the building still falls under California AB1482.
Last Agent to Sell the Property
Pat Swanson Brokerage Phone: 213-864-2862 License #01382974 Listed on: 03/26/2024
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/13/2024 06/13/24 | Sold | $3,290,000 | -0.2% | $443 / Sq Ft |
| 03/26/2024 03/26/24 | For Sale | $3,295,000 | -- | $443 / Sq Ft |
| 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 | $5,785 | $688,500 | $295,800 | $392,700 |
| 2024 | $5,785 | $283,962 | $141,981 | $141,981 |
| 2023 | $5,616 | $278,396 | $139,198 | $139,198 |
| 2022 | $5,634 | $272,938 | $136,469 | $136,469 |
| 2021 | $5,578 | $267,588 | $133,794 | $133,794 |
| 2019 | $5,417 | $259,654 | $129,827 | $129,827 |
| 2018 | $5,182 | $254,564 | $127,282 | $127,282 |
| 2016 | $4,878 | $244,682 | $122,341 | $122,341 |
| 2015 | $4,762 | $241,008 | $120,504 | $120,504 |
| 2014 | $4,711 | $236,288 | $118,144 | $118,144 |
Seller's Agent in 2024
Pat Swanson
Pat Swanson
(213) 864-2862
1 in this area
55 Total Sales
Buyer's Agent in 2024
Rahul Bhagat
eXp Realty of California Inc
(310) 753-7016
3 in this area
91 Total Sales
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC24059985