NOT LISTED FOR SALE

4830 W 116th St Hawthorne, CA 90250

Estimated Value: $1,337,000 - $1,659,000

6 Beds
5 Baths
3,454 Sq Ft
$421/Sq Ft Est. Value

Last Sold June 02, 2016

Last sale price $815,000 $236 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $8,781/month

7 Days on Market

About This Home

As of June 2016

Opportunity for a first time or investor .Four units 1 2be/1ba 1200 , 2be/2ba 1300,nd 2 1be/1ba,950 and 1050. Room for laundry machines. Balcony on the upstairs units.Convenient Location. Close to LAX. No Rent Control.Seller is motivated. As is. Offers will be reviewed on 4/28/2016

Last Agent to Sell the Property

Maria Olga Altieri

The Real Estate Group License #01279568 Listed on: 04/23/2016

Last Buyer's Agent

Glenn Thompson

WILSHIRE REAL ESTATE License #01749796

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,478

Year Built

  • Built in 1947

Lot Details

  • 5,602 Sq Ft Lot

Home Design

  • 3,454 Sq Ft Home
  • Quadruplex

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Bathrooms

Parking

  • 4 Parking Spaces
  • Detached Carport Space

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 4141-017-008

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,478

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Living Area: 3454
  • Probate: No
  • Year Built: 1947
  • Number Of Photos: 9
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 6
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 5.00
  • Den: 0
  • Price Per S Q F T: 240.30

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Parking Garage: Carport Detached
  • Total Parking: 4

Lot Info

  • Assessed Improvement Value: 114000
  • Assessed Land Value: 546000
  • Assessor Parcel Number: 4141-017-008
  • Geocode Override: No
  • Lot Size Area: 5602

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Number Of Units: 4
  • Total Annual Expense: 0
  • Type Of Units: Fourplex
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 23, 2016
Closed on
May 4, 2016
Sold by
Tapia Olga
Bought by
Hadgu Daniel and Moknen Asieb Haile
Seller's Agent
Maria Olga Altieri
The Real Estate Group
Buyer's Agent
Glenn Thompson
WILSHIRE REAL ESTATE
List Price
$830,000
Sold Price
$815,000
Premium/Discount to List
-$15,000
-1.81%
Current Estimated Value
$1,454,409

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$639,409
Avg. Annual Appreciation
6.39%
Original Mortgage
$275,000
Outstanding Balance
$218,418
Interest Rate
3.59%
Mortgage Type
New Conventional
Estimated Equity
$1,235,991

Purchase Details

Closed on
Mar 4, 2009
Sold by
Tapia Olga
Bought by
Tapia Olga

Purchase Details

Closed on
Jul 18, 2007
Sold by
Tapia Olga
Bought by
Tapia Olga and Altieri Antonio

Purchase Details

Closed on
May 5, 2005
Sold by
Mbelu Ikechukwu
Bought by
Tapia Olga

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$362,000
Interest Rate
6.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 22, 2003
Sold by
Mbelu Chimelu Rosemary
Bought by
Mbelu Ikechukwu

Purchase Details

Closed on
Oct 8, 2003
Sold by
Karflex Ventures Llc
Bought by
Mbelu Ikechukwu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$443,047
Interest Rate
5.81%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 17, 2003
Sold by
Rodriguez Jonathan B
Bought by
Jocol Hugo Ruben and Cerna Irma

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.97%

Purchase Details

Closed on
Dec 31, 2001
Sold by
Samuel Wilson Asua
Bought by
Karflex Ventures Llc

Purchase Details

Closed on
Sep 25, 2000
Sold by
Salazar William
Bought by
Fountain Harry Lloyd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,000
Interest Rate
9.12%

Purchase Details

Closed on
Sep 15, 2000
Sold by
Fountain H Lloyd
Bought by
Samuel Wilson Asua and Samuel Mareena Rosemary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,000
Interest Rate
9.12%

Purchase Details

Closed on
Jan 11, 1999
Sold by
Fountain Josefina V
Bought by
Fountain H Lloyd

Purchase Details

Closed on
Sep 26, 1994
Sold by
Fountain Harry Lloyd
Bought by
Fountain Harry Lloyd and Fountain Josefina Vega

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,500
Interest Rate
5.37%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Hadgu Daniel $815,000 Title 365
Tapia Olga -- None Available
Tapia Olga -- None Available
Tapia Olga $680,000 Commonwealth Land Title Co
Mbelu Ikechukwu -- Commonwealth
Mbelu Ikechukwu $450,000 Commonwealth
Jocol Hugo Ruben $250,000 Lawyers Title Company
Karflex Ventures Llc -- First American
Fountain Harry Lloyd -- Commonwealth Title
Samuel Wilson Asua $269,000 Commonwealth Title
Fountain H Lloyd -- --
Fountain Harry Lloyd -- Title Land Company Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hadgu Daniel $275,000
Previous Owner Tapia Olga $362,000
Previous Owner Mbelu Ikechukwu $443,047
Previous Owner Jocol Hugo Ruben $200,000
Previous Owner Samuel Wilson Asua $89,000
Previous Owner Fountain Harry Lloyd $188,500
Closed Jocol Hugo Ruben $50,000
Closed Tapia Olga $250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/02/2016 06/02/16 Sold $815,000 -1.8% $236 / Sq Ft
04/30/2016 04/30/16 Pending -- -- --
04/23/2016 04/23/16 For Sale $830,000 -- $240 / Sq Ft
Source: The MLS

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 $12,478 $964,787 $438,000 $526,787
2024 $12,478 $945,870 $429,412 $516,458
2023 $12,025 $927,325 $420,993 $506,332
2022 $12,195 $909,143 $412,739 $496,404
2021 $12,029 $891,318 $404,647 $486,671
2019 $11,611 $865,883 $392,646 $473,237
2018 $11,143 $848,926 $384,948 $463,978
2016 $9,506 $722,000 $597,300 $124,700
2015 $8,682 $660,000 $546,000 $114,000
2014 $7,836 $580,000 $480,000 $100,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 16-118546

The MLS

APN: 4141-017-008