4954 West 119th Street

Hawthorne, CA 90250

$2,600,000
Price
12
Beds
10
Baths
7,505 Sq. Ft.
$346 / Sq. Ft.
7,505
Sq. Ft.
$346
per Sq. Ft.

Description

Great investment property located in the northwest corner of Hawthorne. This 10-unit property consists of one townhouse-style 3bed/2.5bath front unit and nine 1bed/1bath units. Easy access to the 105 and 405 freeways and conveniently located near Sofi Stadium, the Forum, Hawthorne Memorial Park, SpaceX, Costco Business Center and more!Great investment property located in the northwest corner of Hawthorne. This 10-unit property consists of one townhouse-style 3bed/2.5bath front unit and nine 1bed/1bath units. Easy access to the 105 and 405 freeways and conveniently located near Sofi Stadium, the Forum, Hawthorne Memorial Park, SpaceX, Costco Business Center and more!

Property Details for 4954 West 119th Street

Parking Spaces Total
11
Private Pool
No
Total Units
10.0
Building Type
Detached
Lot Size Source
Public Records
Living Area
7505
Assessor Parcel Number
4141-010-022
Property Attached YN
false

Location

Listing Courtesy of ADW Management USA, Inc., Mariko Artis, DRE #02062257
Add your commute
LISTING UPDATED: 05/13/2024 10:41 AM

Property Details for 4954 West 119th Street

StatusActive Under Contract
MLS #SB24085222
Days on Market13
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1963
CountyLos Angeles County

Location

Listing Courtesy of ADW Management USA, Inc., Mariko Artis, DRE #02062257
Add your commute

Building Information for 4954 West 119th Street

Building/Complex4954 W 119th StFloor-Stories2Residences-Pet Policy-Year Built1963Building Size-

Payment Calculator

$17,475 per month

30 year fixed, 7.25% Interest

Principal and Interest

$14,189

Property Taxes

$3,286

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 4954 West 119th Street

Rental Info
Rental Info
  • Tenant Pays: Electricity, Gas
Income / Expense / Tax Details
Income Details
  • Gross Income: $205,388
  • Gross Scheduled Income: $211,740
  • Vacancy Allowance: 6352
  • Vacancy Allowance Rate: 3
  • Gross Operating Income: $205,388
  • Net Operating Income: $142,198
  • Number Of Rented Garages: 0
  • Laundry Income: $2,640
  • Gross Multiplier: 12.28
  • Cap Rate: 5.47
Expense Details
  • Operating Expense: $63,190
  • Operating Expense Percent: 30.00%
  • New Taxes Expense: $33,310
  • Gardener Expense: $2,300
  • Fuel Expense: $2,369
  • Pest Control Expense: $456
  • Electric Expense: $988
  • Insurance Expense: $4,302
  • Maintenance Expense: $3,000
  • Maintenance Percent: 1.50%
  • Professional Management Expense: $8,216
  • Other Expense: $1,000
  • Other Expense Description: Reserve
  • Trash Expense: $3,409
  • Water Sewer Expense: $3,840
  • Total Expenses: $63,190
Tax / Assessment Info
  • Tax Tract Number: 2704
  • CFD/Mello-Roos Fee: $0
  • Tax Lot: 58
Community / Development
Community / Development
  • Community Features: Sidewalks, Street Lights
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Common Area
Exterior Features
  • Entry Location: Ground
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: 0-1 Unit/Acre
  • Number Of Units: 10
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 2
  • Parking: Yes
  • Parking Garage: Gated
  • Uncovered Spaces: 1
  • Open Other Spaces Total: 1
  • Parking Garage Spaces: 2
  • Carport Spaces: 8
  • Parking Features: Attached Carport, Paved, Garage Faces Front, Gated
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 3
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $2,700
  • Unit Type Total Rent: $2,700
  • Unit Type Pro Forma: 3000
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 0
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,610
  • Unit Type Total Rent: $1,610
  • Unit Type Pro Forma: 1900
  • Unit Type Type: 10
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,610
  • Unit Type Total Rent: $1,610
  • Unit Type Pro Forma: 1900
  • Unit Type Type: 2
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,695
  • Unit Type Total Rent: $1,695
  • Unit Type Pro Forma: 1900
  • Unit Type Type: 3
Unit 5
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,690
  • Unit Type Total Rent: $1,690
  • Unit Type Pro Forma: 1900
  • Unit Type Type: 4
Unit 6
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,610
  • Unit Type Total Rent: $1,610
  • Unit Type Pro Forma: 1900
  • Unit Type Type: 5
Unit 7
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,610
  • Unit Type Total Rent: $1,610
  • Unit Type Pro Forma: 1900
  • Unit Type Type: 6
Unit 8
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,620
  • Unit Type Total Rent: $1,620
  • Unit Type Pro Forma: 1900
  • Unit Type Type: 7
Unit 9
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,650
  • Unit Type Total Rent: $1,650
  • Unit Type Pro Forma: 1900
  • Unit Type Type: 8
Unit 10
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 0
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,630
  • Unit Type Total Rent: $1,630
  • Unit Type Pro Forma: 1900
  • Unit Type Type: 9
Unit Information
  • Number Of Units Leased: 10
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 10
  • Number Of Separate Gas Meters: 10
  • Number Of Separate Water Meters: 1

Property History for 4954 West 119th 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 4954 West 119th Street

Taxable ValueLand$964,981Additions$2,145,003Total$3,109,984
Tax Record2023$39,432 ($3,286 / month)
Home Facts
Total Finished SqFt7,505 SqFtAbove Grade Finished SqFt7,505 SqFtLot Size9,775 SqFtStyleMulti-Family Res (5+ Units)Year Built1963ZoningHAR3YYCountyLOS ANGELESAPN4141-010-022

Schools near 4954 West 119th 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.

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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 ADW Management USA, Inc., Mariko Artis, DRE #02062257

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.