NOT LISTED FOR SALE

4858 W El Segundo Blvd Hawthorne, CA 90250

Estimated Value: $1,436,000 - $1,732,000

9 Beds
4 Baths
4,421 Sq Ft
$364/Sq Ft Est. Value

Last Sold May 26, 2016

Last sale price $885,000 $200 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $10,000/month

14 Days on Market

Highlights

  • Fireplace in Primary Bedroom
  • Traditional Architecture
  • Wood Siding
  • Hollyglen Elementary School Rated A
  • 4 Car Garage

About This Home

As of May 2016

THE SUBJECT OFFERING IS A QUALITY BUILT 4 PLEX IN HIGH RENTAL DEMAND ACROSS FROM HAWTHORNE HIGH SCHOOL. PLENTY OF TENANTS WANT IN HERE DRIVING DOWN EL SEGUNDO BLVD IN HAWTHORNE, CALIFORNIA...THERE ARE VERY LARGE AND SPACIOUS UNIT MIX WITH 3 BED 2 BATH OWNERS UNIT UP FRONT AND TOWNHOUSE STYLE ALONG WITH ANOTHER 2 BEDROOM 1.5 BATH TH STYLE AS WELL AS TWO 2 BEDROOM 1 BATH UNITS ALONG WITH 4 CARPORT PARKING SPACES AND COIN LAUNDRY AS WELL. THE PROPERTY HAS GOOD CURB APPEAL AND IS LOCATED SO CLOSE TO LAX, 405 FREEWAY & 105 FREEWAYS, YOU CAN GET TO YOUR WORK IN NO TIME! ON MARKET RENTS SOME SIGNIFICANT CASH LOW CAN BE MADE!

Last Agent to Sell the Property

Bill Mulkey

TR Wealth Management Inc. License #00986020 Listed on: 04/20/2016

Last Buyer's Agent

Shane Falkenstein

Beach City Brokers License #01253483

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,503

Year Built

  • Built in 1964

Lot Details

  • 5,607 Sq Ft Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 4 Car Garage
  • 4 Carport Spaces
  • Parking Available

Home Design

  • Traditional Architecture
  • Property Attached
  • Composition Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 4,421 Sq Ft Home
  • Electric Fireplace
  • Gas Fireplace
  • Living Room with Fireplace
  • Dining Room with Fireplace

Kitchen

  • Gas and Electric Range
  • Dishwasher
  • Disposal
  • Fireplace in Kitchen

Bedrooms and Bathrooms

  • 9 Bedrooms
  • Fireplace in Primary Bedroom
  • 4 Bathrooms
  • Fireplace in Bathroom

Location

  • Urban Location

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Legal Lot and Block 5 / 3
  • Tax Tract Number 5755
  • Assessor Parcel Number 4144003005

Community Details

Overview

  • 4 Units

Building Details

  • 4 Leased Units
  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $1,100
  • Insurance Expense $925
  • Maintenance Expense $3,450
  • Trash Expense $1,200
  • Water Sewer Expense $2,400
  • New Taxes Expense $11,852
  • Gross Income $5,800
  • Net Operating Income $43,753

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,503

Year Built

Built in 1964

Lot Details

0

Parking

4

Listing Details

  • CapRate: 4.73
  • Other Phone Description: PATTY
  • Other Phone Number: 310-938-1848
  • Price Per Unit: 231250
  • Property Attached: Yes
  • Water Sewer Expenses: 2400.00
  • Architectural Style: Traditional
  • Property Type: Residential Income
  • Parcel Number: 4144003005
  • Year Built: 1964
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Entry Location: Ground Level With Steps
  • Common Walls: 2+ Common Walls
  • Appliances: Yes
  • Fireplace Features: Bath, Dining Room, Electric, Gas, Kitchen, Living Room, Master Bedroom
  • Levels: Two
  • Price Per Square Foot: 200.18

Exterior Features

  • Pool Private: No
  • Roof: Composition
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Carport Spaces: 4.00
  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 12.00

Utilities

  • Utilities: Sewer Available, Water Available
  • Appliances: Dishwasher, Disposal, Gas & Electric Range
  • Trash Expense: 1200.00

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks, Urban

Lot Info

  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5607.00
  • Price Per Lot Square Foot: 157.84

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Electric Expense: 1100.00
  • Gross Income: 5800.00
  • Gross Multiplier: 13.29
  • Gross Scheduled Income: 69600.00
  • Gross Spendable Income: 6562.00
  • Insurance Expense: 925.00
  • Laundry Equipment Own Lease: Own
  • Maintenance Expense: 3450.00
  • Net Operating Income: 43753.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 22367.00
  • Operating Expense Percent: 30.50
  • Rent Control: No
  • Total Actual Rent: 5750.00
  • Vacancy Allowance: 3450
  • Vacancy Allowance Rate: 5.00

Tax Info

  • New Taxes Expense: 11852.00
  • Tax Area: 09861
  • Tax Block: 3
  • Tax Lot: 5
  • Tax Tract Number: 5755

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2016
Closed on
May 20, 2016
Sold by
Fuchino Stacy
Bought by
Sandy Cape Management Llc
Seller's Agent
Bill Mulkey
TR Wealth Management Inc.
Buyer's Agent
Shane Falkenstein
Beach City Brokers
List Price
$925,000
Sold Price
$885,000
Premium/Discount to List
-$40,000
-4.32%
Current Estimated Value
$1,607,127

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$722,127
Avg. Annual Appreciation
6.63%

Purchase Details

Listed on
Jul 7, 2015
Closed on
Jan 6, 2016
Sold by
Dulmage Marvel A
Bought by
Fuchino Stacy and Marvin Laura
Seller's Agent
Brice W. Head, MBA
Re/Max Commercial & Investment
Buyer's Agent
Brice W. Head, MBA
Re/Max Commercial & Investment
List Price
$799,000
Sold Price
$795,000
Premium/Discount to List
-$4,000
-0.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
53.57%
Original Mortgage
$596,250
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 10, 2007
Sold by
Dulmage Marvel A and Dulmage Family Trust
Bought by
Dulmage Marvel A and The Dulmage Family Trust

Purchase Details

Closed on
Jan 11, 2006
Sold by
Dulmage Family Trust
Bought by
Dulmage Marvel A

Purchase Details

Closed on
Sep 21, 1993
Sold by
Dulmage Richard B and Dulmage Marvel A
Bought by
Dulmage Richard B
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Sandy Cape Management Llc $885,000 First American Title Ins Co
Fuchino Stacy $795,000 First American Title Ins Co
Dulmage Marvel A -- None Available
Dulmage Richard B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fuchino Stacy $596,250
Previous Owner Dulmage Richard B $260,000
Previous Owner Dulmage Richard B $91,876
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/26/2016 05/26/16 Sold $885,000 -4.3% $200 / Sq Ft
05/04/2016 05/04/16 Pending -- -- --
04/20/2016 04/20/16 For Sale $925,000 +16.4% $209 / Sq Ft
02/23/2016 02/23/16 Sold $795,000 -0.5% $182 / Sq Ft
08/20/2015 08/20/15 Pending -- -- --
07/07/2015 07/07/15 For Sale $799,000 -- $183 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $13,503 $1,047,656 $455,760 $591,896
2024 $13,503 $1,027,115 $446,824 $580,291
2023 $13,002 $1,006,976 $438,063 $568,913
2022 $12,944 $987,232 $429,474 $557,758
2021 $12,481 $967,875 $421,053 $546,822
2019 $12,387 $939,169 $408,565 $530,604
2018 $12,064 $920,754 $400,554 $520,200
2016 $3,218 $193,168 $41,348 $151,820
2015 $3,201 $190,267 $40,727 $149,540
2014 $3,191 $186,541 $39,930 $146,611
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB16085701

California Regional Multiple Listing Service (CRMLS)

APN: 4144-003-005