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Charles Fisher - Hawthorne Investment Properties - June 2018

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CHARLES FISHER

1401 Highland Avenue Manhattan Beach, CA 90266 Each Office Independently Owned and Operated.

REALTOR® | CalBRE# 01731424

310-902-7214

INVESTMENT PROPERTY REPORT

HAWTHORNE INVESTMENT PROPERTIES

charles@fisherrealestate.com www.FisherRealEstate.com

JUNE 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.

WAITING CAN COST! HOW DOES WAITING AFFECT THE SALE OF YOUR INVESTMENT PROPERTY AS INTEREST RATES RISE? Housing agencies predict that interest rates could reach new highs by the end of 2018, increasing the overall cost to purchase, thus greatly reducing the number of qualified buyers!

IF INTEREST RATES RISE FROM 4.44% TO 5.1%...

LOAN AMOUNT

INCREASED COST

$250,000

$35,841

$500,000

$71,682

$750,000

$107,522

$1,000,000

$143,364

Johnathan and Angela-Marie, Call 310-902-7214 to learn how my marketing will attract qualified buyers and allow you to purchase your next investment property before interest rates increase!

Interest Rate as of March 15th, 2018 was 4.44%, Freddie Mac predicts a 5.1% interest rate by the end of 2019.

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, If you are considering selling your property, call or email to receive a customized marketing plan, my stellar past client testimonials, and my unique commission structure before hiring anyone else to market and sell your property.

BUY - SELL - EXCHANGE INCOME PROPERTY REPORT

Hawthorne Investment Property Market Report

Johnathan and Angela-Marie, If you want to keep up with your property’s value, contact me today at 310-902-7214 to receive your quarterly market snapshot.

Active Pending

11 INVESTMENT PROPERTIES LISTED IN YOUR AREA

Sold A visual representation of the MLS data on the left. For more information or additional statistics, call me.

Status

Number Of Units Total

Year Built

List Price

Active Active Active Active Active Active Active Active Active Active Active

2 2 2 2 4 3 4 3 4 4 6

1940 1965 1944 2016 1952 1947 1962 1988 1964 1963 1961

$695,000 $736,000 $739,900 $875,000 $950,000 $999,999 $1,449,000 $1,599,000 $1,599,000 $1,800,000 $2,250,000

There are currently 10 investment properties pending in your area. For more information on any of these listings, please call me.

6 INVESTMENT PROPERTIES SOLD IN THE LAST 30 DAYS IN YOUR AREA Status

Address

Sold Sold Sold Sold Sold Sold

12503 Grevillea Avenue 3602 W 126th Street 4319 W 132nd Street 4334 W 130th Street 11620 Oxford Avenue 4583 W 120th Street

Number Of Units Total

Year Built

List Price

Close Price

Close Date

4 4 4 6 5 4

1953 1984 1947 1960 1962 1964

$1,250,000 $919,000 $899,000 $1,650,000 $1,100,000 $1,250,000

$1,150,000 $930,000 $915,000 $1,600,000 $1,160,000 $1,100,000

05/04/18 04/27/18 04/21/18 04/19/18 04/17/18 04/17/18

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 April 12th, 2018 through May 12th, 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.

© 2018 Google

AT A GLANCE PAST 30 DAYS

AVERAGE ACTIVE LIST PRICE $1,244,809

AVERAGE SOLD PRICE $1,142,500

AVERAGE SP/LP RATIO 98%

AVERAGE DAYS ON MARKET (SOLDS) 68


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