$3,295,000 Price Analysis   ♡   Hawthorne, CA 90250 7 bed 16 bath 7,430 SqFt ($443/SqFt) 0.28 acre lot. Built 1962 Listed 2024-03-26, Taxes $10,726 | Ⓧ USDA Ineligible due to price & location near Hawthorne |
Sixteen (16)
* Has Contingent Offer *Non-Rent Controlled Units in Hawthorne; less than one (1) Mile to Space X and the Tesla Design Center. Offered at $205, 938 / Unit, the property boasts a 5.39% Actual CAP and 7.70% Pro-Forma CAP Return. This recession proof complex has a Unit Mix of: One (1) 2 Bedroom/1Bath, Five (5) 1 Bedroom/1Bath and Ten (10) Studios, which rarely become vacant. Furthermore, the real estate sits on Two Parcels of land (a Fourteen (14) unit Parcel and a Two (2) unit Parcl), which makes the need for a dedicated on-site manager optional ~ buyer to verify.
The property has ample parking with Six (6) Open Stalls, Twelve (12) Carports and One (1) Garage, allowing for ADU Opportunities as well. The City of Hawthorne has become highly sought after due to its centralized location with Playa Del Ray directly to the West and Culver City bordering to the North. Note: Although the property is NOT subject to any City Rent Control requirements, the building still falls under California AB1482.
Presented by Pat Swanson at
Pat Swanson.
Property MLS #OC24059985 from CRMLS
Lot Description: Garden
Lot Size Acres: 0.2756
Lot Size Source: Public Records
Lot Size Square Feet: 12006
Parking Total: 1
Unit Features: Bedrooms in Unit 11 : 1, Bathrooms in Unit 11 : 1, Bedrooms in Unit 12 : 1, Bathrooms in Unit 12 : 1
Bedrooms in Unit-2: 1
Bedrooms in Unit-3: 1
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
Total Bathrooms in Unit-5: 1
Total Bathrooms in Unit-6: 1
Total Bathrooms in Unit-7: 1
Total Bathrooms in Unit-8: 1
Total Bathrooms in Unit-9: 1
Total Bathrooms in Unit-10: 1
Unit-4 Garage Spaces: 1
County: Los Angeles
Source Property Type: Residential Income
Insurance Expense: 7430.00
Area: 699 - Not Defined
Source Neighborhood: 699 - Not Defined
Number of Separate Electric Meters: 17
Number of Separate Gas Meters: 17
Number of Separate Water Meters: 1
Parcel Number: 4041018039
Postal Code Plus 4: 3658
Professional Management Expense: 22101.00
Trash Expense: 4074.00
Zoning: HAR3YY
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $341,193 + $346,649 $687,842 | $10,726 |
| 2021 | $334,503 + $339,852 $674,355 | $10,655 |
| 2020 | $331,074 + $336,368 $667,442 | $10,632 |
| 2019 | $324,583 + $329,773 $654,356 | $10,317 |
| 2018 | $318,219 + $323,307 $641,526 | $9,903 |
| 2017 | $311,980 + $316,968 $628,948 | $9,506 |
| 2016 | $305,863 + $310,753 $616,616 | $9,488 |
| 2015 | $301,269 + $306,086 $607,355 | $9,269 |
| 2014 | $295,368 + $300,091 $595,459 | $9,276 |
| 2013 | $294,034 + $298,735 $592,769 | $8,962 |
| 2012 | $288,269 + $292,878 $581,147 | $8,773 |
| 2010 | $282,617 + $287,136 $569,753 | $8,761 |
| 2009 | $281,172 + $285,669 $566,841 | $8,524 |
| 2009 | $280,505 + $284,991 $565,496 | $8,524 |
| 2008 | $275,659 + $280,068 $555,727 | $8,279 |
| 2007 | $270,254 + $274,577 $544,831 | $8,110 |
$3,295,000
CRMLS
Listing removed 2023-12-05
$0
CRMLS
Listed 2023-10-10
$3,300,000
CRMLS
Sold 2002-07-24
$704,000
Public Record
Year Built: 1962
Building Features: 1
Common Walls: 2+ Common Walls
Entry Level: 1
Entry Location: Front
Property Age: 62
Property Attached: Yes
Levels or Stories: Two
Building Total Stories: 2
Structure Type: Commercial/Residential
Year Built Source: Public Records
Sewer: Sewer: Public Sewer, Water Sewer Expense: 6497.00
Water Source: Public
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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.