NOT LISTED FOR SALE
10 Beds
6 Baths
5,170 Sq Ft
7,848 Sq Ft Lot

Sale Details

Date Sold: April 8, 2024

Last sale price $1,500,000 $290 Per Sq Ft

23 Days on Market

Highlights

  • Laundry Facilities
  • Rectangular Lot
  • 3-minute walk to Eucalyptus Park

About This Home

As of April 2024

We are proud to present our latest listing at 4755 Broadway in Hawthorne, available for sale for the first time in almost 50 years! This terrific
investment opportunity features six units with a mix of four 2 Bed / 1 Baths and two 1 Bed / 1 Baths, with projected rental upside of nearly 60% +/- for a new owner! The property features secure, covered parking and onsite laundry for tenant convenience. Units are all individually metered for gas and electricity. The Hawthorne investment market has traditionally always been strong, and many companies such as Space X and Ring (recently bought by Amazon) have been steadily increasing their footprint in the area. 4755 Broadway is a terrific property for today's discerning investor, and presents an attractive value-add opportunity.

Last Agent to Sell the Property

Joshua Cohen

Keller Williams Realty Brokerage Phone: 310-480-2130 License #01346713 Listed on: 02/28/2024

Keller Williams Realty

Last Buyer's Agent

Jairo Erazo

Pacific Properties Realty License #01454181

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1957

Lot Details

  • 7,848 Sq Ft Lot
  • Two or More Common Walls
  • Rectangular Lot

Parking

  • 6 Car Garage

Home Design

  • Apartment
  • Entry on the 1st floor

Interior Spaces

  • 5,170 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 6 Bathrooms

Listing and Financial Details

  • Tax Lot 14
  • Tax Tract Number 19271
  • Assessor Parcel Number 4041017037
  • $1,870 per year additional tax assessments

Community Details

Building Details

  • Rent Control
  • 7 Separate Electric Meters
  • 7 Separate Gas Meters
  • 1 Separate Water Meter
  • Other Expense $38,400
  • Operating Expense $38,400
  • Gross Income $96,000
  • Net Operating Income $55,500

Additional Features

  • 6 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1957

Lot Details

7,848 Sq Ft Lot

Parking

6

Listing Details

  • CapRate: 4.11
  • Property Attached: Yes
  • Zoning: HAR3YY
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 4041017037
  • Year Built: 1957
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Price Per Square Foot: 290.14

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 6.00
  • Total Parking Spaces: 6.00

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Rectangular Lot
  • Lot Size Sq Ft: 7848.00
  • Lot Size Acres: 0.1802

Multi Family

  • Gross Income: 96000.00
  • Gross Multiplier: 14.06
  • Gross Scheduled Income: 96000.00
  • Lot Size Area: 7848.0000 Square Feet
  • Net Operating Income: 55500.00
  • Number Of Separate Electric Meters: 7
  • Number Of Separate Gas Meters: 7
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 6
  • Operating Expense: 38400.00
  • Other Expense: 38400.00
  • Other Expense Description: Contact
  • Other Income Description: Contact for more inc/exp info
  • Rent Control: Yes
  • Total Expenses: 38400.00

Tax Info

  • Tax Census Tract: 6021.06
  • Tax Lot: 14
  • Tax Tract Number: 19271
  • TaxOtherAnnualAssessmentAmount: 1870.00

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2024
Closed on
Apr 1, 2024
Sold by
Bought by
Seller's Agent
Joshua Cohen
Keller Williams Realty
Buyer's Agent
Jairo Erazo
Pacific Properties Realty
List Price
$1,350,000
Sold Price
$1,500,000
Premium/Discount to List
$150,000
11.11%
Views
53

Purchase Details

Closed on
May 11, 2012
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase 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 Buyer Sale Price Title Company
$1,500,000 Fidelity National Title
-- None Available
Source: Public Records

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
04/08/2024 04/08/24 Sold $1,500,000 +11.1% $290 / Sq Ft
03/22/2024 03/22/24 Pending -- -- --
03/14/2024 03/14/24 For Sale $1,350,000 0.0% $261 / Sq Ft
03/11/2024 03/11/24 Pending -- -- --
02/28/2024 02/28/24 For Sale $1,350,000 -- $261 / 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
2025 $20,839 $1,530,000 $918,000 $612,000
2024 $5,066 $262,399 $99,774 $162,625
2023 $4,931 $257,255 $97,818 $159,437
2022 $4,964 $252,211 $95,900 $156,311
2021 $4,903 $247,267 $94,020 $153,247
2019 $4,768 $241,174 $91,232 $149,942
2018 $4,539 $236,471 $89,444 $147,027
2016 $4,262 $226,099 $85,972 $140,127
2015 $4,181 $222,704 $84,681 $138,023
2014 $4,193 $218,343 $83,023 $135,320
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB24040619

California Regional Multiple Listing Service (CRMLS)
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