4730 West 118th Street

Hawthorne, CA 90250

$1,260,000
Last Sold Price
11
Beds
6
Baths
4,584 Sq. Ft.
$275 / Sq. Ft.
4,584
Sq. Ft.
$275
per Sq. Ft.

Description

Great investment opportunity in residential area of Hawthorne offers 5 units. One 3 br/2 ba; four 2br/1 ba; 6 assigned parking spaces and onsite laundry. Gated parking & storage cabinets in the carport. No rent control. easy to rent. No vacancy. Two 2 bedroom units have been completely remodeled and have yearly lease at 1525 & 1550. Other units have some upgrades as well and are month to month. Newly landscape Faux turf grass. Nice clean well managed asset with cash flow and upside potential. 3br...Great investment opportunity in residential area of Hawthorne offers 5 units. One 3 br/2 ba; four 2br/1 ba; 6 assigned parking spaces and onsite laundry. Gated parking & storage cabinets in the carport. No rent control. easy to rent. No vacancy. Two 2 bedroom units have been completely remodeled and have yearly lease at 1525 & 1550. Other units have some upgrades as well and are month to month. Newly landscape Faux turf grass. Nice clean well managed asset with cash flow and upside potential. 3br rent will be $2050 from May 2017 making actual Gross schedule income will be $92940. Hawthorne is approx 3 miles from the new football stadium for Los Angels Rams & Chargers to open in 2019 which will bring jobs and construction in the area & boost the economy. Hawthorne is also a home for some major companies such as Space X, Tesla Motor design center,Northrop. Mattel..etc. Property close to FWYs and LAX, Municipal airport.
  1. Listed by Bina Bengali • DRE #00944892 • C-21 Astro

Property Details for 4730 West 118th Street

Parking Spaces Total
5
Private Pool
No
Total Units
5.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
4584
Assessor Parcel Number
4044-027-002
Property Attached YN
true

Location

Listing Courtesy of C-21 Astro, Bina Bengali, DRE #00944892

Sold By C-21 Astro, Bina Bengali, DRE #00944892

Add your commute
LISTING UPDATED: 09/14/2017 06:53 AM

Property Details for 4730 West 118th Street

StatusClosed
MLS #RS17068948
Days on Market34
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1963
Lot Size0.14 AC / 6,291 SF
CountyLos Angeles County

Location

Listing Courtesy of C-21 Astro, Bina Bengali, DRE #00944892

Sold By C-21 Astro, Bina Bengali, DRE #00944892

Add your commute

Building Information for 4730 West 118th Street

Stories2Residences-Year Built1963Building Size-Lot Size0.14 AC / 6,291 SF

Payment Calculator

$9,688 per month

30 year fixed, 7.25% Interest

Principal and Interest

$6,876

Property Taxes

$2,812

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 4730 West 118th Street

Rental Info
Rental Info
  • Tenant Pays: Electricity, Gas
Income / Expense / Tax Details
Income Details
  • Gross Income: $90
  • Gross Scheduled Income: $92,940
  • Net Operating Income: $68,297
  • Laundry Income: $90
  • Current Financing: Conventional
  • Financing: Exchange
Expense Details
  • Operating Expense: $22,843
  • New Taxes Expense: $15,625
  • Gardener Expense: $260
  • Pest Control Expense: $600
  • Electric Expense: $540
  • Insurance Expense: $1,602
  • Professional Management Expense: $0
  • Trash Expense: $2,046
  • Water Sewer Expense: $1,850
  • Total Expenses: $22,843
Tax / Assessment Info
  • Tax Tract Number: 1084
  • Tax Census Tract: 6021.03
  • Tax Lot: 32
Community / Development
Community / Development
  • Community Features: Sidewalks
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Community
  • Laundry Equipment Own Lease: Own
Exterior Features
  • Foundation Details: Raised
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: Yard
  • Number Of Units: 5
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Two
  • Water: Meter on Property
  • Sewer: Unknown
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking Garage Spaces: 0
  • Carport Spaces: 0
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $2,050
  • Unit Type Total Rent: $2,050
  • Unit Type Pro Forma: 2200
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,550
  • Unit Type Total Rent: $1,550
  • Unit Type Pro Forma: 1695
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,265
  • Unit Type Total Rent: $1,265
  • Unit Type Pro Forma: 1695
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,265
  • Unit Type Total Rent: $1,265
  • Unit Type Pro Forma: 1695
  • Unit Type Type: 4
Unit 5
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,525
  • Unit Type Total Rent: $1,525
  • Unit Type Pro Forma: 1695
  • Unit Type Type: 5
Unit Information
  • Number Of Units Leased: 5
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1

Property History for 4730 West 118th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 4730 West 118th Street

Taxable ValueLand$503,076Additions$874,915Total$1,377,991
Tax Record2023$33,748 ($2,812 / month)
Home Facts
Total Finished SqFt4,584 SqFtAbove Grade Finished SqFt4,584 SqFtLot Size6,291 SqFtStyleMulti-Family Res (5+ Units)Year Built1963ZoningHAR3YYCountyLOS ANGELESAPN4044-027-002

Schools near 4730 West 118th Street

This home is within Centinela Valley Union High School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Eucalyptus School
PublicK to 5

Hawthorne Middle School
Public6 to 8

Lawndale High School
Public9 to 12

Hawthorne High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of C-21 Astro, Bina Bengali, DRE #00944892

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.