NOT LISTED FOR SALE

4926 W 118th Place Hawthorne, CA 90250

Estimated Value: $1,297,000 - $2,178,207

1 Bed
1 Bath
4,568 Sq Ft
$380/Sq Ft Est. Value

Last Sold January 05, 2017

Last sale price $1,350,000 $296 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $10,974/month

65 Days on Market

About This Home

As of January 2017

A Bread and Butter Property, 8 individual standing homes , All are 1 bed 1 bath, all units have own electric and gasmeters , Great income and much more upside , super low utilities and yearly expense . A must see

Last Agent to Sell the Property

Ali Hijazi

Century 21 A Better Service License #01423794 Listed on: 10/14/2016

Century 21 A Better Service

Last Buyer's Agent

Ali Hijazi

Century 21 A Better Service License #01423794 Listed on: 10/14/2016

Century 21 A Better Service

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $20,694

Year Built

  • Built in 1957

Lot Details

  • 9,251 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Home Design

  • 4,568 Sq Ft Home

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Utilities

  • Septic Type Unknown

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 2
  • Assessor Parcel Number 4141011025

Community Details

Overview

  • 8 Buildings
  • 8 Units

Building Details

  • 8 Separate Electric Meters
  • 8 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,100
  • Trash Expense $1,800
  • Water Sewer Expense $2,400
  • Gross Income $7,550
  • Net Operating Income $85,300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$20,694

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 2400.00
  • Zoning: HAR3YY
  • Property Type: Residential Income
  • Parcel Number: 4141011025
  • Year Built: 1957
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 295.53

Exterior Features

  • Pool Private: No

Utilities

  • Sewer: Unknown
  • Trash Expense: 1800.00
  • Water Source: Other

Condo/Co-op/Association

  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 9251.00

Multi Family

  • Gross Income: 7550.00
  • Gross Scheduled Income: 90600.00
  • Insurance Expense: 1100.00
  • Net Operating Income: 85300.00
  • Number Of Separate Electric Meters: 8
  • Number Of Separate Gas Meters: 8
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 8
  • Operating Expense: 5300.00
  • Rent Control: No

Tax Info

  • Tax Census Tract: 6022.00
  • Tax Lot: 1
  • Tax Tract Number: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2016
Closed on
Dec 15, 2016
Sold by
Lee Ken Chung and Lee Hyang Ran
Bought by
Wu Amy and Wu Steve
Seller's Agent
Ali Hijazi
Century 21 A Better Service
Buyer's Agent
Ali Hijazi
Century 21 A Better Service
List Price
$1,399,999
Sold Price
$1,350,000
Premium/Discount to List
-$49,999
-3.57%
Current Estimated Value
$1,737,604

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$387,604
Avg. Annual Appreciation
2.93%
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
Wu Amy $1,350,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/05/2017 01/05/17 Sold $1,350,000 -3.6% $296 / Sq Ft
12/18/2016 12/18/16 Pending -- -- --
10/14/2016 10/14/16 For Sale $1,399,999 -- $306 / 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 $20,694 $1,566,785 $696,348 $870,437
2024 $20,694 $1,536,065 $682,695 $853,370
2023 $19,941 $1,505,947 $669,309 $836,638
2022 $20,218 $1,476,420 $656,186 $820,234
2021 $19,968 $1,447,471 $643,320 $804,151
2020 $19,914 $1,436,730 $636,724 $800,006
2019 $19,286 $1,408,640 $624,240 $784,400
2018 $18,566 $1,381,100 $612,000 $769,100
2016 $10,091 $700,655 $337,647 $363,008
2015 $9,872 $690,132 $332,576 $357,556
2014 $9,848 $676,614 $326,062 $350,552
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW16725945

California Regional Multiple Listing Service (CRMLS)

APN: 4141-011-025