NOT LISTED FOR SALE

5029 W 119th Place Hawthorne, CA 90250

Estimated Value: $1,434,000 - $2,081,960

7 Beds
6 Baths
4,251 Sq Ft
$403/Sq Ft Est. Value

Last Sold March 07, 2019

Last sale price $1,500,000 $353 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $11,047/month

237 Days on Market

About This Home

As of March 2019

Top-rated Wiseburn School District in El Segundo. Charming, detached 1952 square foot 3-bed, 2 1/2 bath owner's unit (could be rental for new buyer) with den, living room, dining room and French tile in bathrooms. Two 1100 square foot 2-bed, 2 1/2 bath detached townhouse style units rented for $2,200 each. One unit upgraded with granite counter tops, custom designer cabinets and hardwood flooring. Comps for the owner's unit are around $850,000. Using a conservative 14 Gross Rent Multiplier for the 2-bedroom units values them at around $750,000. All units have laundry hookups, fireplaces and 2-car garages with direct access. Camera security system. New concrete paver driveway. Newer Rheem water heaters. Roof is just 9 years old. This is a turnkey property just minutes from Manhattan Beach, Hermosa and Redondo, the 405/105 freeways, the beaches, LAX, SpaceX, aerospace and the new football stadium.

Last Agent to Sell the Property

Tom Hallen

New Hope Realty, Inc. License #01893150 Listed on: 03/07/2018

Last Buyer's Agent

Aaron Aalcides

Epique Realty License #01948003

Epique Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $20,630

Year Built

  • Built in 1988

Lot Details

  • 6,886

Home Design

  • Triplex

Interior Spaces

  • 4,251 Sq Ft Home
  • 2-Story Property

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 6 Bathrooms

Parking

  • 8 Parking Spaces
  • Driveway

Additional Features

  • 6,886 Sq Ft Lot
  • Floor Furnace

Community Details

  • 2 Buildings
  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 4141-007-056

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$20,630

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 4251
  • Stories: 2
  • Year Built: 1988
  • Number Of Photos: 14
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 7
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 6.00
  • Den: 0
  • Equipment: Dishwasher, Garbage Disposal, Range/Oven, Refrigerator
  • Price Per S Q F T: 376.15

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: Driveway
  • Total Parking: 8

Utilities

  • Heating: Floor Furnace

Lot Info

  • Assessed Improvement Value: 368817
  • Assessed Land Value: 358789
  • Assessor Parcel Number: 4141-007-056
  • Geocode Override: No
  • Lot Size Area: 6886

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 17.00
  • Number Of Units: 3
  • Total Annual Expense: 40000
  • Type Of Units: tri-plex
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 29, 2020
Sold by
Jenkins Terence and Jenkins Pauline
Bought by
Jenkins Terence and Jenkins Pauline
Current Estimated Value
$1,711,990

Purchase Details

Closed on
Nov 8, 2018
Sold by
Hirsch Linda
Bought by
Jenkins Terence and Jenkins Pauline

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
4.4%
Mortgage Type
New Conventional
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
Jenkins Terence -- Orange Coast Title
Jenkins Terence $1,500,000 Old Republic Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jenkins Terence $200,000
Previous Owner Hirsch Linda E $293,400
Previous Owner Hirsch Linda $200,000
Previous Owner Hirsch Linda E $325,510
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/07/2019 03/07/19 Sold $1,500,000 -6.2% $353 / Sq Ft
03/07/2018 03/07/18 For Sale $1,599,000 -- $376 / Sq Ft
Source: The MLS

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 $20,630 $1,673,274 $892,413 $780,861
2024 $20,630 $1,640,465 $874,915 $765,550
2023 $19,839 $1,608,300 $857,760 $750,540
2022 $19,753 $1,576,766 $840,942 $735,824
2021 $19,026 $1,545,850 $824,453 $721,397
2020 $18,896 $1,530,000 $816,000 $714,000
2019 $9,952 $756,999 $373,283 $383,716
2018 $9,695 $742,157 $365,964 $376,193
2016 $9,276 $713,340 $351,754 $361,586
2015 $9,246 $702,626 $346,471 $356,155
2014 $9,152 $688,864 $339,685 $349,179
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 18-320220

The MLS

APN: 4141-007-056