5029 W 119TH Place

    Hawthorne, CA 90250
    • $1,599,000
    • STATUS: Active Under Contract
    • ON SITE: 278 days
    • ID#: 18320220
    Under Contract
    UPDATED: 33 min ago
    $1,599,000
    • 0
      BEDS
    • 0.16
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,251
      SQFT
    • $376
      $/SQFT
    Type:
    Multi-Family
    Built:
    1988
    County:

    School Ratings & Info

    Description

    Top-rated Wiseburn School District in El Segundo. Charming, detached 1952 square foot 3-bed, 2 1/2 bath owner's unit (could be rental for new buyer) with den, living room, dining room and French tile in bathrooms. Two 1100 square foot 2-bed, 2 1/2 bath detached townhouse style units rented for $2,200 each. One unit upgraded with granite counter tops, custom designer cabinets and hardwood flooring. Comps for the owner's unit are around $850,000. Using a conservative 14 Gross Rent Multiplier for the 2-bedroom units values them at around $750,000. All units have laundry hookups, fireplaces and 2-car garages with direct access. Camera security system. New concrete paver driveway. Newer Rheem water heaters. Roof is just 9 years old. This is a turnkey property just minutes from Manhattan Beach, Hermosa and Redondo, the 405/105 freeways, the beaches, LAX, SpaceX, aerospace and the new football stadium.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-12-11T17:30:14.01. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
    www.teamforss.com/homes/81343162

    5029 W 119TH Place Hawthorne, CA 90250

    • Price: $1,599,000
    • Status: Active Under Contract
    • Updated: 33 min ago
    • ID#: 18320220
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.16
    Acres
    4,251
    SQFT
    $376
    $/SQFT
    1988
    Built
    Neighborhood:
    107 - Holly Glen/Del Aire
    County:
    Los Angeles
    Area:
    107 - Holly Glen/Del Aire
    Property Description
    Top-rated Wiseburn School District in El Segundo. Charming, detached 1952 square foot 3-bed, 2 1/2 bath owner's unit (could be rental for new buyer) with den, living room, dining room and French tile in bathrooms. Two 1100 square foot 2-bed, 2 1/2 bath detached townhouse style units rented for $2,200 each. One unit upgraded with granite counter tops, custom designer cabinets and hardwood flooring. Comps for the owner's unit are around $850,000. Using a conservative 14 Gross Rent Multiplier for the 2-bedroom units values them at around $750,000. All units have laundry hookups, fireplaces and 2-car garages with direct access. Camera security system. New concrete paver driveway. Newer Rheem water heaters. Roof is just 9 years old. This is a turnkey property just minutes from Manhattan Beach, Hermosa and Redondo, the 405/105 freeways, the beaches, LAX, SpaceX, aerospace and the new football stadium.
    Exterior Features

    Lot Size Units Square Feet Parking Features Driveway Parking YN Yes

    Interior Features

    Appliances Garbage DisposalRefrigeratorDishwasher Appliances YN Yes Cooling None Cooling YN No

    Property Features

    Association Amenities Other Association YN Yes Gross Multiplier 17.00 Gross Operating Income 85000.00 Improvements Amount 368817 Land Value 358789 Net Operating Income 45000.00 Special Listing Conditions Standard Total Expenses 40000.00 Zoning Ha R1

    Listing provided courtesy of Carle Hallen of New Hope Realty, Inc..


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-12-11T17:30:14.01. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
     
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