NOT LISTED FOR SALE

Estimated Value: $1,344,000 - $1,637,913

9 Beds
5 Baths
2,914 Sq Ft
$503/Sq Ft Est. Value

Sale Details

Date Sold: November 17, 2020

Last sale price $1,315,000 $451 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $9,525 / mo

23 Days on Market

Highlights

  • Fenced Yard
  • Laundry Room
  • Ceiling Fan
  • 8 Car Attached Garage
  • Landscaped
  • Controlled Entrance

About This Home

As of November 2020

**Showings By Appointment Only** Property to be Sold As-Is**Drive-by Only** Please No Walking The Property** Do Not Contact or Discuss Sale With Tenants** This 4-unit building is an opportunity for an investor or owner-user to purchase a turn-key property in Hawthorne, California. Located west of Inglewood Ave, in the most desirable parts of Hawthorne, this property consists of (1) three-bed/one-and-a-half-bath townhouse-style and (3) two-bed/one-bath units. The Property is Fully Gated and Secured and has a Code-Based Digital Lock Operated via Mobile App. This is an opportunity for an investor to own a property in a high demand rental market with tremendous growth potential and is given an opportunity to step in without having to raise rents and enjoy great cash flow immediately. (1) Two-Bed/One-Bath Unit to be Delivered Vacant.

Last Agent to Sell the Property

David Harrington

Matthews Real Estate Investment Services License #01320460 Listed on: 09/22/2020

Co-Listed By

Nabil Awada

Matthews Real Estate Investment Services License #02046840

Last Buyer's Agent

David Harrington

Matthews Real Estate Investment Services License #01320460 Listed on: 09/22/2020

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1988 | Remodeled

Lot Details

  • 5,600 Sq Ft Lot
  • Lot Dimensions are 40x140
  • Fenced Yard
  • Gated Home
  • Landscaped
  • Front Yard

Parking

  • 8 Car Attached Garage
  • 2 Open Parking Spaces
  • Garage Door Opener
  • Driveway
  • Automatic Gate
  • Assigned Parking
  • Controlled Entrance

Interior Spaces

  • 2,914 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Oven or Range

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 9 Bedrooms
  • Remodeled Bathroom
  • 5 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Additional Features

  • Rain Gutters
  • Heating System Mounted To A Wall or Window

Community Details

  • 4 Units
  • Laundry Facilities

Listing and Financial Details

  • Tenant pays for electricity, gas
  • The owner pays for gardener, water
  • Assessor Parcel Number 4141-017-007

Property Details

Home Type

Multi-Family

Year Built

Built in 1988 | Remodeled

Lot Details

5,600 Sq Ft Lot

Parking

8

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Entry Location: Ground Level w/steps
  • Living Area: 2914
  • Lot Acreage: 0.1290
  • Lot Dimensions: 40x140
  • Property Condition: Updated/Remodeled
  • Stories: 1
  • Year Built: 1988
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Laminate, Vinyl
  • Bedrooms: 9
  • Bathroom Features: Remodeled
  • Laundry: Community, Garage, Laundry Area, Room
  • Total Bathrooms: 5.00
  • Equipment: Ceiling Fan, Range/Oven, Refrigerator
  • Price Per S Q F T: 446.12

Exterior Features

  • Other Structures: None
  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Garage Spaces: 8
  • Other Spaces: 2
  • Garage Structures: 1
  • Parking Garage: Assigned, Attached, Controlled Entrance, Covered Parking, Door Opener, Driveway, Private Garage
  • Total Parking: 10

Utilities

  • Heating: Wall
  • Security: Automatic Gate, Gated
  • Water Heaters: Yes

Lot Info

  • Assessed Improvement Percent: 65.36
  • Assessed Improvement Value: 510000
  • Assessed Land Percent: 34.64
  • Assessed Land Value: 270300
  • Total Assessed Value: 780300
  • Assessor Parcel Number: 4141-017-007
  • Lot Description: Automatic Gate, Fenced Yard, Front Yard, Gutters, Landscaped
  • Lot Size Area: 5600

Rental Info

  • Owner Pays: Gardener, Water
  • Tenant Pays: Electricity, Gas

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 13.50
  • Number Of Units: 4
  • Type Of Units: Apartment

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

Closed on
Apr 30, 2025
Sold by
Bought by
Current Estimated Value
$1,465,228

Purchase Details

Listed on
Sep 22, 2020
Closed on
Nov 10, 2020
Sold by
Bought by
Seller's Agent
David Harrington
Matthews Real Estate Investment Services
Buyer's Agent
David Harrington
Matthews Real Estate Investment Services
List Price
$1,300,000
Sold Price
$1,315,000
Premium/Discount to List
$15,000
1.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.92%
Original Mortgage
$1,052,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 22, 2020
Closed on
Oct 22, 2020
Sold by
Bought by
Seller's Agent
David Harrington
Matthews Real Estate Investment Services
Buyer's Agent
David Harrington
Matthews Real Estate Investment Services
List Price
$1,300,000
Sold Price
$1,315,000
Premium/Discount to List
$15,000
1.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,052,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 28, 2020
Sold by
Bought by

Purchase Details

Closed on
Jan 4, 2020
Sold by
Bought by

Purchase Details

Closed on
Jun 27, 2018
Sold by
Bought by

Purchase Details

Listed on
Jun 5, 2017
Closed on
Oct 10, 2017
Sold by
Bought by
Seller's Agent
Brian Estes
Re/Max Commercial & Investment
Buyer's Agent
Stephanie Younger
Compass
List Price
$1,050,000
Sold Price
$1,015,000
Premium/Discount to List
-$35,000
-3.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.27%
Original Mortgage
$761,250
Interest Rate
3.78%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 18, 2016
Closed on
Apr 19, 2016
Sold by
Bought by
Seller's Agent
Princewill Achinulo
Stanford Raffles Realty, Inc.
Buyer's Agent
Brian Estes
Re/Max Commercial & Investment
List Price
$749,999
Sold Price
$765,000
Premium/Discount to List
$15,001
2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.05%

Purchase Details

Closed on
Mar 30, 2000
Sold by
Bought by

Purchase Details

Closed on
Aug 14, 1995
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,842
Interest Rate
7.92%
Mortgage Type
Assumption

Purchase Details

Closed on
Dec 1, 1994
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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

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
-- None Listed On Document
-- North American Title
$1,315,000 North American Title
-- None Available
-- None Available
-- None Available
$1,015,000 Fatcola
$765,000 Chicago Title
$202,100 --
$190,000 First American Title Co
$245,000 Continental Lawyers Title Co
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Previous Owner $1,052,000
Previous Owner $761,250
Previous Owner $190,842
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 Prior Sale
11/17/2020 11/17/20 Sold $1,315,000 +1.2% $451 / Sq Ft
10/15/2020 10/15/20 Pending -- -- --
10/12/2020 10/12/20 For Sale $1,300,000 0.0% $446 / Sq Ft
10/07/2020 10/07/20 Pending -- -- --
09/22/2020 09/22/20 For Sale $1,300,000 +28.1% $446 / Sq Ft
10/19/2017 10/19/17 Sold $1,015,000 -3.3% $348 / Sq Ft View Prior Sale
09/20/2017 09/20/17 Pending -- -- --
08/14/2017 08/14/17 For Sale $1,050,000 +3.4% $360 / Sq Ft
07/04/2017 07/04/17 Off Market $1,015,000 -- --
06/05/2017 06/05/17 For Sale $1,050,000 +37.3% $360 / Sq Ft
04/27/2016 04/27/16 Sold $765,000 +2.0% $263 / Sq Ft View Prior Sale
04/23/2016 04/23/16 Pending -- -- --
02/12/2016 02/12/16 For Sale $749,999 -- $257 / Sq Ft
Source: The MLS

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 $18,497 $1,423,397 $703,580 $719,817
2024 $17,846 $1,395,488 $689,785 $705,703
2023 $17,181 $1,368,126 $676,260 $691,866
2022 $17,438 $1,341,300 $663,000 $678,300
2021 $17,204 $1,315,000 $650,000 $665,000
2020 $15,145 $1,140,000 $600,000 $540,000
2019 $13,642 $1,035,300 $714,000 $321,300
2018 $13,123 $1,015,000 $700,000 $315,000
2016 $5,295 $375,492 $268,576 $106,916
2015 $5,179 $369,853 $264,542 $105,311
2014 $5,169 $362,609 $259,360 $103,249
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 20-636442

The MLS

APN: 4141-017-007

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