CHARLES FISHER
1401 Highland Avenue Manhattan Beach, CA 90266 Each Office Independently Owned and Operated.
REALTOR® | CalBRE# 01731424
INVESTMENT PROPERTY REPORT
310-902-7214
HAWTHORNE INVESTMENT PROPERTIES
charles@fisherrealestate.com www.FisherRealEstate.com
AUGUST 2018 Published by REAL Marketing (REM) | www.REALMarketing4You.com | 858.254.9619 | © 2018
Visit www.FisherMultiFamily.com for current market activity, community information, and more.
JUST LISTED HAWTHORNE INCOME PROPERTIES by Charles Fisher This property is a six-unit that is non-rent controlled and has incredible potential. The property is situated on a 19,841 square foot lot and consists of a detached four-bedroom, one-and-a-half bath, 1,412 sq. ft. front house and five two-bedroom, one-bathroom units with 935 sq. ft. Units 13522 & 13522 1/2 have been joined to make a large three bedroom, two bathroom unit. These units can easily be converted back with the addition of two walls. Each unit has laundry hookups and are separately metered for gas and electricity. Unit 13524 was undergoing a minor renovation and will be sold as-is.
IN ESCROW - OVER ASKING!
13520 CERISE AVENUE - 6 UNITS UNIT 1 4 Beds | 1.5 Baths 1,412 Est. Sq. Ft.
UNIT 2
UNIT 3
UNIT 4
UNIT 5
UNIT 6
2 Beds | 1 Bath 935 Est. Sq. Ft.
2 Beds | 1 Bath 935 Est. Sq. Ft.
2 Beds | 1 Bath 935 Est. Sq. Ft.
2 Beds | 1 Bath 935 Est. Sq. Ft.
2 Beds | 1 Bath 935 Est. Sq. Ft.
IN ESCROW - OVER ASKING!
The well-maintained non-rent controlled two, two-bedroom, one-bathroom detached units have huge upside potential. The corner lot location and separation of units with front entries on 135th and Cerise show like two single-family homes. The front has a large fenced-in front yard and detached single-car garage. Gated backyard, eat-in kitchen, laundry area inside, and air conditioning. The detached back unit opens to a large living room, eat-in kitchen, laundry inside, and a fenced backyard space with a single-car garage.
13509 CERISE AVENUE - 2 UNITS | 2 BEDROOMS - 1 BATHROOM - 1,760 EST. SQ. FT. Johnathan and Angela-Marie, If you are thinking of making a great investment and would like a private tour of either of these properties, call me today at 310-902-7214.
PREPARED ESPECIALLY FOR
Johnathan and Angela-Marie Williams
CHARLES FISHER
HAWTHORNE INVESTMENT PROPERTIES
REALTOR® | CalBRE# 01731424
310-902-7214 charles@fisherrealestate.com www.FisherRealEstate.com
Johnathan and Angela-Marie, My marketing is representative of the time, effort, and money you have spent in obtaining and maintaining your home. If you are looking to sell, let me help you achieve exceptional results. Call me today at 310-902-7214.
BUY - SELL - EXCHANGE
INCOME PROPERTY REPORT
2018
15
HAWTHORNE INVESTMENT PROPERTIES 2ND QUARTER REVIEW
15
ACTIVE SOLDS
2 ND QUARTER REVIEW ACTIVE LIST PRICE RANGE
$645,000 - $1,800,000 SOLD PRICE RANGE
$515,000 - $2,900,000
13 INVESTMENT PROPERTIES LISTED IN YOUR AREA Status
Number Of Units Total
Year Built
List Price*
Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active
4 2 2 2 2 4 2 3 3 3 4 4 4 3 4
1958 1950 1947 1940 1961 1952 1946 1941 1947 1957 1961 1960 1964 1988 1963
$645,000 $650,000 $650,000 $695,000 $730,000 $795,000 $842,000 $950,000 $1,000,000 $1,200,000 $1,255,000 $1,450,000 $1,450,000 $1,599,000 $1,800,000
www.FisherRealEstate.com for a FREE, no-obligation home assessment!
98.5%
105.5%
Johnathan and Angela-Marie, Find out what your investment property is worth in today’s market! Call 310-902-7214 or visit
88.0%
There are currently 12 investment properties pending in your area.
LOW
AVG.
HIGH
SOLD PRICE/LIST PRICE RATIOS
64
AVERAGE DAYS ON MARKET (SOLDS)
Data based on listings from CRMLS from April 1st to June 30th, 2018. Information deemed accurate but not guaranteed.
For more information on any of these listings, please call me.
3 INVESTMENT PROPERTIES SOLD IN THE LAST 30 DAYS IN YOUR AREA Status
Address
Sold Sold Sold
4172 W 118th Street 4506 W 136th Street 4035 W 132nd Street
Number Of Units Total
Year Built
List Price*
Close Price*
Close Date
4 3 8
1964 1967 1962
$1,150,000 $1,395,000 $1,775,000
$1,100,000 $1,395,000 $1,800,000
07/03/18 06/28/18 06/22/18
Charles Fisher, and RE/MAX Estate Properties are not in any way affiliated with any Hawthorne Homeowners Associations, nor is this in any way an official advertisement or publication of Hawthorne. © 2018 All rights reserved. This representation is based on data reported from June 18th, 2018 through July 17th, 2018 by multiple brokers/agents to the Combined Los Angeles/Westside MLS (CLAW). This information is not intended to represent any existing listings but is general marketing information based on CLAW data, however, neither RE/MAX Estate Properties, nor the CLAW MLS guarantees the accuracy of this data, which may not reflect all of the real estate activity in the area. E&OE. This market report is not intended to solicit properties already listed for sale nor is it intended to cause or induce a breach of an existing agency agreement. *Indicates a number rounded to the nearest 1,000.