Rod Vargas
Tierra Properties
(424) 343-1076
21 Total Sales
3 in Hawthorne
$660K - $1.3M Price Range
4750 W Broadway Hawthorne, CA 90250
Hawthorne Area
3
Beds
10
Baths
7,430
Sq Ft
0.28
Acre Lot
Highlights
- 0.28 Acre Lot
- Laundry Facilities
- 4-minute walk to Eucalyptus Park
- Garden
About This Home
As of June 2024Sixteen (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
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1962
Lot Details
- 12,006 Sq Ft Lot
- Two or More Common Walls
- Garden
- 4041018043
Parking
- 1 Car Garage
Home Design
- Property Attached
- Entry on the 1st floor
Interior Spaces
- 7,430 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 3 Bedrooms
- 10 Bathrooms
Listing and Financial Details
- Legal Lot and Block 20 / Z
- Tax Tract Number 602106
- Assessor Parcel Number 4041018039
- $4,549 per year additional tax assessments
Community Details
Building Details
- 17 Separate Electric Meters
- 17 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $12,794
- Fuel Expense $7,076
- Insurance Expense $7,430
- Professional Management Expense $22,101
- Trash Expense $4,074
- Water Sewer Expense $6,497
- Operating Expense $118,121
- Gross Income $295,604
- Net Operating Income $177,483
Additional Features
- 16 Units
- Laundry Facilities
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Hawthorne, CA
-
Rod Vargas
-
Luke Smith
Luke Smith
Real Brokerage Technologies, Inc.
(424) 704-9115
29 Total Sales
1 in Hawthorne
$570,000 Price
-
Ramon Sanchez
Ramon Sanchez
Century 21 Allstars
(562) 684-6070
169 Total Sales
1 in Hawthorne
$725,000 Price
-
Michelle English
Michelle English
On Point Realty
(424) 999-0597
16 Total Sales
1 in Hawthorne
$1,120,000 Price
-
Mario Mariscal
Mario Mariscal
Better Homes and Gardens RE
(562) 471-4695
103 Total Sales
1 in Hawthorne
$750,000 Price
-
Kevin Da Silva
Kevin Da Silva
eXp Realty of Greater Los Angeles, Inc.
(424) 372-0894
94 Total Sales
4 in Hawthorne
$405K - $850K Price Range
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $10,841 | $702,270 | $301,716 | $400,554 |
| 2025 | $10,841 | $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 |
Source: Public Records
Agents Affiliated with this Home
-
Pat Swanson
Seller's Agent in 2024
Pat Swanson
Pat Swanson
(213) 864-2862
51 Total Sales
-
Rahul Bhagat
Buyer's Agent in 2024
Rahul Bhagat
eXp Realty of California Inc
(310) 753-7016
95 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC24059985
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.
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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