Seller's Agent in 2024
Adam Peterson
CB Richard Ellis, Inc.
(310) 954-7031
2 in this area
21 Total Sales
Estimated Value: $841,000 - $1,341,635
This rectangular site of approximately 19,535 square feet has a Zoning designation of R-3. The site's zoning and lot area provide attractive town home, apartment, or residential development options. Buyer to verify density and other requirements including potential state, local and/or transit-based bonuses. With over 230,000 households within a 5-mile radius and increasing levels of educational achievement and housing prices, the Hawthorne market boasts a large qualified tenant base that is underserved by the current aging housing supply. Additionally, the market skews younger, relatively, with Millennials making up nearly 45% of the population within a 5-mile radius. The average asking rents are around $2,000 with a market cap of approximately 5.4%. The South Bay market has seen slower new apartment construction than surrounding markets with less than 5%inventory growth year-over-year.
Last Agent to Sell the Property
CB Richard Ellis, Inc. License #01815802 Listed on: 05/08/2024
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Roxytcb Llc | $1,070,000 | Commonwealth Land Title Compan | |
| Tello Galo Alfredo | -- | None Available | |
| Tello Galo A | -- | None Available | |
| Tello Galo A | -- | First Southwestern Title Co | |
| Tello Galo A | $330,000 | First Southwestern Title Co | |
| Hud | $259,548 | First American Title Co | |
| Homeside Lending Inc | $259,548 | First American Title Ins Co | |
| Oneel Hussain Syed | $243,000 | Lawyers Title | |
| Nordine Leo S | -- | -- |
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Roxytcb Llc | $909,500 | |
| Previous Owner | Tello Galo A | $247,500 | |
| Previous Owner | Oneel Hussain Syed | $241,013 |
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/30/2024 07/30/24 | Sold | $1,070,000 | -23.6% | $815 / Sq Ft |
| 06/05/2024 06/05/24 | Pending | -- | -- | -- |
| 05/08/2024 05/08/24 | For Sale | $1,400,000 | -- | $1,066 / Sq Ft |
| 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 | $6,686 | $1,070,000 | $950,000 | $120,000 |
| 2024 | $6,686 | $468,558 | $425,971 | $42,587 |
| 2023 | $6,463 | $459,371 | $417,619 | $41,752 |
| 2022 | $6,548 | $450,365 | $409,431 | $40,934 |
| 2021 | $6,464 | $441,535 | $401,403 | $40,132 |
| 2020 | $6,447 | $437,009 | $397,288 | $39,721 |
| 2019 | $6,257 | $428,442 | $389,499 | $38,943 |
| 2018 | $5,929 | $420,042 | $381,862 | $38,180 |
| 2016 | $5,679 | $403,734 | $367,035 | $36,699 |
| 2015 | $5,561 | $397,670 | $361,522 | $36,148 |
| 2014 | $5,547 | $389,881 | $354,441 | $35,440 |
Seller's Agent in 2024
Adam Peterson
CB Richard Ellis, Inc.
(310) 954-7031
2 in this area
21 Total Sales
Source: The MLS
MLS Number: 24-389476
APN: 4050-021-005
Ask me questions while you tour the home.