$2,600,000
SOLD JUN 26, 2024

4954 W 119th St Hawthorne, CA 90250

12 Beds
10 Baths
7,505 Sq Ft
9,775 Sq Ft Lot

Recently Sold

$346 Per Sq Ft

1 Day on Market

Highlights

  • Gated Parking
  • Laundry Room
  • 8 Attached Carport Spaces
  • No HOA

About This Home

As of June 2024

Great investment property located in the northwest corner of Hawthorne. This 10-unit property consists of one townhouse-style 3bed/2.5bath front unit and nine 1bed/1bath units. Easy access to the 105 and 405 freeways and conveniently located near Sofi Stadium, the Forum, Hawthorne Memorial Park, SpaceX, Costco Business Center and more!

Last Agent to Sell the Property

Mariko Artis

ADW Management USA, Inc. Brokerage Email: m.artis@re-adworks.com License #02062257 Listed on: 04/30/2024

ADW Management USA, Inc.

Last Buyer's Agent

Joseph Geonetta III

R.E.M.S. Inc License #01949303

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1963

Lot Details

  • 9,775 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage
  • 1 Open Parking Space
  • 8 Attached Carport Spaces
  • Parking Available
  • Front Facing Garage
  • Gated Parking

Interior Spaces

  • 7,505 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 10 Bathrooms

Laundry

  • Laundry Room
  • Leased Washer and Dryer

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 58
  • Tax Tract Number 2704
  • Assessor Parcel Number 4141010022

Community Details

Overview

  • No Home Owners Association
  • 10 Units

Amenities

  • Laundry Facilities

Building Details

  • 10 Leased Units
  • 10 Separate Electric Meters
  • 10 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $988
  • Fuel Expense $2,369
  • Gardener Expense $2,300
  • Insurance Expense $4,302
  • Maintenance Expense $3,000
  • Other Expense $1,000
  • Pest Control $456
  • Professional Management Expense $8,216
  • Trash Expense $3,409
  • Water Sewer Expense $3,840
  • New Taxes Expense $33,310
  • Operating Expense $63,190
  • Gross Income $205,388
  • Net Operating Income $142,198

Property Details

Home Type

Apartment

Year Built

Built in 1963

Lot Details

0

Parking

2

Listing Details

  • CapRate: 5.47
  • Other Phone Description: Agent Cell Ph
  • Other Phone Number: 310-955-8028
  • Price Per Unit: 260000
  • Professional Management Expense: 8216.00
  • Property Attached: No
  • Water Sewer Expenses: 3840.00
  • Zoning: HAR3YY
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Gardener Expense: 2300.00
  • Parcel Number: 4141010022
  • Year Built: 1963
  • Special Features: None

Interior Features

  • Stories: 2
  • Entry Location: Ground
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 346.44

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 8.00
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Attached Carport, Paved, Garage Faces Front, Gated
  • Total Parking Spaces: 11.00
  • Uncovered Spaces: 1.00

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area
  • Pest Control Expense: 456.00
  • Sewer: Public Sewer
  • Trash Expense: 3409.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 9775.00
  • Lot Size Acres: 0.2244
  • Latitude Manual: 33.92522500

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Electric Expense: 988.00
  • Fuel Expense: 2369.00
  • Gross Income: 205388.00
  • Gross Multiplier: 12.28
  • Gross Operating Income: 205388.00
  • Gross Scheduled Income: 211740.00
  • Insurance Expense: 4302.00
  • Laundry Equipment Own Lease: Lease
  • Laundry Income: 2640.00
  • Lot Size Area: 9775.0000 Square Feet
  • Maintenance Expense: 3000.00
  • Maintenance Percent: 1.50
  • Net Operating Income: 142198.00
  • Number Of Separate Electric Meters: 10
  • Number Of Separate Gas Meters: 10
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 10
  • Number Of Units Total: 10
  • Operating Expense: 63190.00
  • Operating Expense Percent: 30.00
  • Other Expense: 1000.00
  • Other Expense Description: Reserve
  • Rent Control: No
  • Total Actual Rent: 17425.00
  • Total Expenses: 63190.00
  • Vacancy Allowance: 6352
  • Vacancy Allowance Rate: 3.00

Tax Info

  • New Taxes Expense: 33310.00
  • Tax Lot: 58
  • Tax Tract Number: 2704

Similar Homes in Hawthorne, CA

  • 4376 W 134th St, Hawthorne, CA 90250

    $1,950,000

    • 14 Beds
    • 8 Baths
    • 7,292 Sq Ft
    • 4376 W 134th St
    • Hawthorne, CA

    Discover this spacious 7,292 SF 6-unit apartment building located in the heart of Hawthorne. Featuring a strong unit mix of (2) 3-bed/2-bath units and (4) 2-bed/1-bath units, this property offers a compelling investment opportunity. One front 3-bed/2-bath unit is currently vacant, presenting immediate value-add potential or an excellent opportunity for an owner-user. With a 4.80% CAP rate and 23%

    Woody Stahl Lyon Stahl Investment Real Est

    Section Image
  • 4379 W 141st St, Hawthorne, CA 90250

    $1,949,999

    • 13 Beds
    • 8 Baths
    • 6,507 Sq Ft
    • 4379 W 141st St
    • Hawthorne, CA

    Located In The Vibrant Burleigh Tract Neighborhood Of Hawthorne, This 6-Unit Residential Income Property Presents A Strong Investment Opportunity In A Centrally Situated, High-Demand Rental Market. Offering Convenient Access To Major Freeways Including The 405 And 105, The Property Is Ideal For Commuters And Well-Connected To Surrounding Employment Hubs Such As El Segundo, Inglewood, And

    Tia Hughes Coldwell Banker Realty

    Section Image
See All Homes in Hawthorne

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2024 06/26/24 Sold $2,600,000 0.0% $346 / Sq Ft
05/01/2024 05/01/24 Pending -- -- --
04/30/2024 04/30/24 For Sale $2,600,000 +33.3% $346 / Sq Ft
10/04/2017 10/04/17 Sold $1,950,000 -1.3% $290 / Sq Ft
08/28/2017 08/28/17 Pending -- -- --
08/21/2017 08/21/17 For Sale $1,975,000 -- $293 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2024

    Mariko Artis

    ADW Management USA, Inc.

    (310) 333-0868

    1 in this area

    1 Total Sale

    Mariko Artis
    Section Image

  • J

    Buyer's Agent in 2024

    Joseph Geonetta III

    R.E.M.S. Inc

    (310) 567-0043

    4 in this area

    13 Total Sales

    Joseph Geonetta III
    Section Image

  • S

    Buyer Co-Listing Agent in 2024

    Susana Rodriguez

    R.E.M.S. Inc

    (323) 743-0619

    3 in this area

    7 Total Sales

    Susana Rodriguez
    Section Image
  • Patrick Goeglein

    Seller's Agent in 2017

    Patrick Goeglein

    TrentPatrick Real Estate Services

    (310) 293-0736

    10 Total Sales

    Patrick Goeglein
    Section Image

  • K

    Buyer's Agent in 2017

    Ken Ishiki

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB24085222

California Regional Multiple Listing Service (CRMLS)

California Los Angeles County Hawthorne 90250

4954 W 119th St, Hawthorne, CA

This home is located at 4954 W 119th St, Hawthorne, CA 90250 and is currently priced at $2,600,000, approximately $346 per square foot. This property was built in 1963. 4954 W 119th St is a home located in Los Angeles County with nearby schools including Eucalyptus School, Hawthorne Middle School, and Hawthorne High School.

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.

California Regional Multiple Listing Service (CRMLS) 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

Nearby Homes