$1,325,000 Price Analysis   ♡   Hawthorne, CA 90250 8 bed 4 bath 3,660 SqFt ($362/SqFt) 5,123SqFt lot. Built 1955 Listed 2024-07-12, Taxes $3,050 | Ⓧ USDA Ineligible due to price & location near Hawthorne |
Held by the same Owner for over 40 years this is Bread and Butter investment.
Located on the west side of Hawthorne in the Ramona tract with easy access to freeways and transportation, schools and commercial. Big and boxy 4 unit apartment building makes a extraordinary starter investment or perfect add on to your portfolio.
These units all have good upside potential in the rents and currently are occupied by long-tim tenants.
Presented by Ross Moore Ccim at
RE MAX Estate Properties.
Property MLS #SB24141660 from CRMLS
Bedrooms: 8
Appliances: Gas Range, Water Heater
Appliances YN: Yes
Laundry Features: Common Area, Dryer Included, Gas Dryer Hookup, Washer Included
Appliances YN: Yes
Laundry Features: Common Area, Dryer Included, Gas Dryer Hookup, Washer Included
Full Bathrooms: 4
Heating Features: Wall Furnace
Heating: Yes
Heating: Yes
Flooring: Carpet, Laminate
Lot Description: Rectangular Lot, Near Public Transit
Lot Size Acres: 0.1176079
Lot Size Source: Assessor
Lot Size Square Feet: 5123
Lot Size Acres: 0.1176079
Lot Size Source: Assessor
Lot Size Square Feet: 5123
Garage Spaces: 4
Parking Features: Parking YN: Yes, Parking Features: Garage
Parking Total: 4
Parking Features: Parking YN: Yes, Parking Features: Garage
Parking Total: 4
Number of Units: 4
Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 2
Bedrooms in Unit-3: 2
Bedrooms in Unit-4: 2
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 1
Total Bathrooms in Unit-4: 1
Unit-1 Garage Spaces: 1
Unit-2 Garage Spaces: 1
Unit-3 Garage Spaces: 1
Unit-4 Garage Spaces: 1
Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 2
Bedrooms in Unit-3: 2
Bedrooms in Unit-4: 2
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 1
Total Bathrooms in Unit-4: 1
Unit-1 Garage Spaces: 1
Unit-2 Garage Spaces: 1
Unit-3 Garage Spaces: 1
Unit-4 Garage Spaces: 1
Calculated Total Monthly Association Fees: 0
Gardener Expense: 500.00
Gardener Expense: 500.00
Number of Units Leased: 4
Tenant Pays: Cable TV, Electricity, Gas
Vacancy Allowance: 2660
Rent Control: Yes
Tenant Pays: Cable TV, Electricity, Gas
Vacancy Allowance: 2660
Rent Control: Yes
Community Features: Sidewalks
Source Listing Status: Active
County: Los Angeles
Cap Rate: 4.22
Source Property Type: Residential Income
Insurance Expense: 3800.00
Area: 109 - Ramona/Burleigh
Source Neighborhood: 109 - Ramona/Burleigh
New Taxes Expense: 16500.00
Number of Separate Electric Meters: 5
Number of Separate Gas Meters: 4
Number of Separate Water Meters: 1
Parcel Number: 4042002016
Postal Code Plus 4: 4372
Trash Expense: 2200.00
Zoning: HAR4YY
Source System Name: C2C
County: Los Angeles
Cap Rate: 4.22
Source Property Type: Residential Income
Insurance Expense: 3800.00
Area: 109 - Ramona/Burleigh
Source Neighborhood: 109 - Ramona/Burleigh
New Taxes Expense: 16500.00
Number of Separate Electric Meters: 5
Number of Separate Gas Meters: 4
Number of Separate Water Meters: 1
Parcel Number: 4042002016
Postal Code Plus 4: 4372
Trash Expense: 2200.00
Zoning: HAR4YY
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $113,836 + $49,393 $163,229 | $3,050 |
| 2021 | $111,604 + $48,425 $160,029 | $3,007 |
| 2020 | $110,460 + $47,929 $158,389 | $2,997 |
| 2019 | $108,295 + $46,990 $155,285 | $2,921 |
| 2018 | $106,172 + $46,069 $152,241 | $2,741 |
| 2017 | $104,091 + $45,166 $149,257 | $2,647 |
| 2016 | $102,050 + $44,281 $146,331 | $2,587 |
| 2015 | $100,518 + $43,616 $144,134 | $2,534 |
| 2014 | $98,549 + $42,762 $141,311 | $2,543 |
| 2013 | $98,104 + $42,569 $140,673 | $2,463 |
| 2012 | $96,181 + $41,735 $137,916 | $2,353 |
| 2010 | $94,296 + $40,917 $135,213 | $2,230 |
| 2009 | $93,815 + $40,709 $134,524 | $2,158 |
| 2009 | $93,592 + $40,612 $134,204 | $2,158 |
| 2008 | $91,976 + $39,911 $131,887 | $2,099 |
| 2007 | $90,173 + $39,129 $129,302 | $2,031 |
Listed 2024-07-12
$1,325,000
CRMLS
Sold 1977-03-24
$75,000
Public Record
$1,325,000
CRMLS
Sold 1977-03-24
$75,000
Public Record
Net Operating Income: 55912.00
Total Square Feet Living: 3660
Year Built: 1955
Building Features: 1
Common Walls: 2+ Common Walls
Entry Level: 2
Entry Location: 1
Property Age: 69
Property Attached: Yes
Levels or Stories: Two
Building Total Stories: 2
Structure Type: Quadruplex
Year Built Source: Assessor
Year Built: 1955
Building Features: 1
Common Walls: 2+ Common Walls
Entry Level: 2
Entry Location: 1
Property Age: 69
Property Attached: Yes
Levels or Stories: Two
Building Total Stories: 2
Structure Type: Quadruplex
Year Built Source: Assessor
Electric Expense: 360.00
Sewer: Sewer: Public Sewer, Water Sewer Expense: 2400.00
Cable Available
Cable Connected
Natural Gas Connected
Sewer Connected
Water Connected
Water Source: Public
Sewer: Sewer: Public Sewer, Water Sewer Expense: 2400.00
Cable Available
Cable Connected
Natural Gas Connected
Sewer Connected
Water Connected
Water Source: Public
Hawthorne High School is a public high school located approximately 0.3 miles away.
Map directions
Map directionsHawthorne Middle School is a public middle school located approximately 0.4 miles away.
Map directions
Map directionsRamona School is a public elementary school located approximately 0.5 miles away.
Map directions
Map directionsTrinity Lutheran School is a private elementary and middle school located approximately 0.2 miles away.
Map directions
Map directions
Click Thumbnail Images To View Full Size
 |  |  |  |  |
 |  |  |  |  |
 |  |  |  |  |
The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.