5029 W 119TH Place

    Hawthorne, CA 90250
    • $1,599,000
    • STATUS: Active Under Contract
    • ON SITE: 286 days
    • ID#: 18320220
    Under Contract
    UPDATED: 53 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 CARETS as of 2018-12-19T06:47:04.1. The information being provided by CARETS 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 CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of CARETS. 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. 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.

    Licensed in the State of California, USA.
    www.scvnest.com/homes/81342703

    5029 W 119TH Place Hawthorne, CA 90250

    • Price: $1,599,000
    • Status: Active Under Contract
    • Updated: 53 min ago
    • ID#: 18320220
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.16
    Acres
    4,251
    SQFT
    $376
    $/SQFT
    1988
    Built
    Neighborhood:
    Holly Glen/Del Aire (107)
    County:
    Los Angeles
    Area:
    Holly Glen/Del Aire (107)
    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

    Parking Features Driveway Parking Spaces Total 8

    Interior Features

    Appliances DishwasherGarbage DisposalRefrigerator Cooking Appliances Range Cooling Type None Heating Type Floor Furnace Total Floors 2 Unit Furnished01 Unfurnished Unit Furnished02 Unfurnished Unit Furnished03 Unfurnished Unit Furnished04 Partially Unit Furnished05 Partially Unit Furnished06 Partially Unit Furnished07 Partially Unit Furnished08 Partially Unit Furnished09 Partially Unit Furnished10 Partially Unit Furnished11 Partially Unit Furnished12 Partially Unit Furnished13 Partially Unit Number Of Bath01 2.0 Unit Number Of Bath02 2.0 Unit Number Of Bath03 2.0 Unit Number Of Bed01 3 Unit Number Of Bed02 2 Unit Number Of Bed03 2

    Property Features

    Adjusted Gross Income 91200.00 Assessed Improvement Value 368817.00 Assessed Land Value 358789.00 Country United States Of America Expense Total Annual 40000.00 Gross Operating Income 85000.00 Gross Rent Multiplier 17.00 Hoa YN N Legal Disclosures Other Lot Size Source Vendor Enhanced Net Operating Income 45000.00 Number Of Buildings 2 Special Conditions Standard Sale Square Footage Source Public Records Unit Monthly Rent01 0.00 Unit Monthly Rent02 2200.00 Unit Monthly Rent03 2200.00 Unit Projected Total Monthly Rent01 3200.00 Unit Projected Total Monthly Rent02 2200.00 Unit Projected Total Monthly Rent03 2200.00 Unit Total Monthly Rent01 0.00 Unit Total Monthly Rent02 2200.00 Unit Total Monthly Rent03 2200.00 Unit Type01 1 Unit Type02 2 Unit Type03 3 Units Total In Complex 3 Zoning Ha R1

    Listing provided courtesy of Carle Hallen DRE#01912967 of New Hope Realty, Inc..


    Based on information from CARETS as of 2018-12-19T06:47:04.1. The information being provided by CARETS 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 CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of CARETS. 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. 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.

    Licensed in the State of California, USA.
     
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