Seller's Agent in 2019
Austin Longwell
West Shores Realty, Inc.
(626) 408-4420
11 Total Sales
4833 W 118th St Hawthorne, CA 90250
Estimated Value: $1,116,000 - $1,361,000
6
Beds
6
Baths
3,538
Sq Ft
$354/Sq Ft
Est. Value
Highlights
- Private Yard
- No HOA
- Laundry Room
About This Home
As of June 2019We are pleased to present 4833 W 118th St in Hawthorne, CA. This 3,500 square foot triplex was built in 1965, and has a unit mix consisting of (3) 2 Bedroom/1.5 Bath large townhome style units. The property has been meticulously maintained, renovated, & managed since the original owner purchased over 30 years ago. There is laundry, storage, carports, & a two car garage all on site giving the new owner potential for multiple streams for additional income. Tennant’s are aware of sale and prepared for new ownership.
This triplex is located in the quaint northwest corridor of Hawthorne 10 minutes from SpaceX, LAX, Raytheon, Boeing, El Segundo, Dockweiler Beach, the 105 & 405 Freeways, The Forum, The new NFL Stadium & many other local shopping, dining, & retail attractions. This ideal location makes this the perfect investment for any investor looking to maximize cash flow in a rapidly appreciating NON-RENT CONTROL market. Hawthorne was recently ranked by Forbes as one of the best cities to buy Rental Property in California for 2019.
Last Agent to Sell the Property
West Shores Realty, Inc. License #02036524 Listed on: 05/15/2019
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1965
Lot Details
- 5,599 Sq Ft Lot
- No Common Walls
- Private Yard
- Density is up to 1 Unit/Acre
Parking
- 2 Car Garage
- 4 Carport Spaces
Interior Spaces
- 3,538 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 6 Bedrooms
- All Upper Level Bedrooms
- 6 Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Outdoor Features
- Exterior Lighting
Listing and Financial Details
- Tax Lot 118
- Tax Tract Number 6441
- Assessor Parcel Number 4141013023
Community Details
Overview
- No Home Owners Association
- 3 Units
Amenities
- Laundry Facilities
Building Details
- 3 Leased Units
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $500
- Insurance Expense $1,238
- Maintenance Expense $1,179
- Trash Expense $450
- Water Sewer Expense $1,000
- New Taxes Expense $11,188
- Operating Expense $16,455
- Gross Income $900
- Net Operating Income $21,666
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 15, 2019
Closed on
May 29, 2019
Sold by
Gutierrez Raymond
Bought by
Faragalla Margrite
Seller's Agent
Austin Longwell
West Shores Realty, Inc.
Buyer's Agent
Johnnie Stiegler
Lyon Stahl Investment Real Estate, Inc.
List Price
$895,000
Sold Price
$960,000
Premium/Discount to List
$65,000
7.26%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$290,696
Avg. Annual Appreciation
3.97%
Purchase Details
Closed on
May 1, 2018
Sold by
Gutierrez Eulogio
Bought by
Gutierrez Raymond and Gutierrez Gailey Rosemarie
Purchase Details
Closed on
Sep 17, 2004
Sold by
Gutierrez Eulogio
Bought by
Gutierrez Eulogio
Purchase Details
Closed on
Feb 24, 2004
Sold by
Gutierrez Eulogio
Bought by
Gutierrez Eulogio
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jan 10, 2002
Sold by
Gutierrez Eulogio
Bought by
Gutierrez Eulogio
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Faragalla Margrite | $960,000 | First American Title Company | |
| Gutierrez Raymond | -- | None Available | |
| Gutierrez Eulogio | -- | -- | |
| Gutierrez Eulogio | -- | Fidelity National Title Co | |
| Gutierrez Eulogio | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Gutierrez Eulogio | $125,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/12/2019 06/12/19 | Sold | $960,000 | +7.3% | $271 / Sq Ft |
| 05/29/2019 05/29/19 | Pending | -- | -- | -- |
| 05/15/2019 05/15/19 | For Sale | $895,000 | -- | $253 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
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 | $13,552 | $1,070,892 | $557,756 | $513,136 |
| 2024 | $13,552 | $1,049,895 | $546,820 | $503,075 |
| 2023 | $13,053 | $1,029,310 | $536,099 | $493,211 |
| 2022 | $13,246 | $1,009,129 | $525,588 | $483,541 |
| 2021 | $13,063 | $989,343 | $515,283 | $474,060 |
| 2019 | $5,049 | $339,114 | $115,134 | $223,980 |
| 2018 | $4,800 | $332,466 | $112,877 | $219,589 |
| 2016 | $4,509 | $319,558 | $108,495 | $211,063 |
| 2015 | $4,411 | $314,759 | $106,866 | $207,893 |
| 2014 | $4,409 | $308,594 | $104,773 | $203,821 |
Source: Public Records
Agents Affiliated with this Home
-
Austin Longwell
-
Johnnie Stiegler
Buyer's Agent in 2019
Johnnie Stiegler
Lyon Stahl Investment Real Estate, Inc.
(310) 606-0939
10 in this area
94 Total Sales
-
C
Buyer Co-Listing Agent in 2019
Charlie Rasmussen
Realty ONE Group United
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB19112712
APN: 4141-013-023
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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