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CHARLES FISHER

1401 Highland Avenue Manhattan Beach, CA 90266

REALTOR® | CalBRE# 01731424

Each Office Independently Owned and Operated.

310-902-7214

INVESTMENT PROPERTY REPORT

HAWTHORNE

charles@fisherrealestate.com www.FisherRealEstate.com

Visit www.FisherMultiFamily.com for current market activity, community information, and more.

ALLOW CHARLES TO SHOWCASE YOUR PROPERTY! PRINT MARKETING CHARLES FISHER REALTOR® |

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

CalBRE# 01731424

I realize the amount of time, effort, and money you have spent in obtaining and maintaining your property, so I ensure only the finest of print marketing in order to reflect those efforts.

INVESTMENT PROPERTY REPORT

310-902-7214

HAWTHORNE INVESTMENT PROPERTIES

charles@fisherrealestate.com www.FisherRealEstate.com

CHARLES FISHER

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

REALTOR® | CalBRE# 01731424

JULY 2018

INVESTMENT PROPERTY REPORT

HAWTHORNE INVESTMENT PROPERTIES

Visit www.FisherMultiFamily.com for current market activity, community information, and more.

JULY 2018

HOW TO SELL AN INVESTMENT PROPERTY AND MAKE A KILLING!

Visit www.FisherMultiFamily.com for current market activity, community information, and more.

Even though you’ve used the property as an investment, the property may attract actual buyers who want to live there in addition to landlords and investors. In fact, if your investment property has renters in it already, you will probably want to give them the option to buy the place since they might prefer to stay put and be happy to pay for the privilege, which also makes your job easy!

HOW TO SELL AN INVESTMENT PROPERTY AND MAKE A KILLING!

The Market is Changing

massive repairs

tax liability

If the hood is hot, and you’ve made a pile of cash, it could be a good time to take your money and run. Conversely, if a neighborhood is deteriorating, you might want to get out before it falls too far.

If the property you have invested in is due for a major assessment. If substantial repair work is needed, or you just don’t want to put the energy into it, it’s likely a good time to move on.

Owning an investment property, can bump you up a tax bracket. That’s a good reason to sell, especially if you have no interest in being a landlord. You also should take note of potential expiration of tax abatements.

Even though you’ve used the property as an investment, the property may attract actual buyers better return who want to live there in addition to landlords and investors. In fact, if your investment property has renters in it already, you will probably want to give them the option to buy the place since they might elsewhere prefer to stay put and be happy to pay for the privilege, which also makes your job easy!

Most important, consider your options. If you have held a property for many years, it has likely increased in value, which can allow you to If the hood is hot, sell and diversify into an and you’ve made a emerging neighborhood pile of cash, it could or multifamily homes. be a good time to

The Market is Changing

take your money and run. Conversely, if a neighborhood is deteriorating, you want to get out Johnathanmight and Angela-Marie, before it falls too far. While your exact profits will vary widely depending on your market, it is smart to work with a trusted advisor to figure out how taxes and other factors will affect your sale. Call me today at 310-902-7214 to see how I can get you the most for your investment. Source: www.realtor.com/advice/sell/how-to-sell-an-investment-property

massive repairs

tax liability

better return elsewhere

If the property you have invested in is due for a major assessment. If substantial repair work is needed, or you just don’t want to put the energy into it, it’s likely a good time to move on.

Most important, consider your options. If you have held a property for many years, it has likely increased in value, which can allow you to sell and diversify into an emerging neighborhood or multifamily homes.

JUST LISTED IN HAWTHORNE

FISHER

REAL ESTATE

BY CHARLES FISHER

This marketing includes: PREPARED ESPECIALLY FOR

Johnathan and Angela-Marie, While your exact profits will vary widely depending on your market, it is smart to work with a trusted advisor to figure out how taxes and other factors will affect your sale. Call me today at 310-902-7214 to see how I can get you the most for your investment.

Johnathan and Angela-Marie Williams

JUST LISTED PREPARED ESPECIALLY FOR Johnathan and Angela-Marie Williams

Source: www.realtor.com/advice/sell/how-to-sell-an-investment-property

•MONTHLY PUBLICATIONS •PROPERTY BROCHURES •POSTCARDS

DIGITAL MARKETING • Social Media Advertising • Video & Photography Production • Online Lead Generation • Google AdWords • International Investor Network

Johnathan and Angela-Marie, My marketing represents your community, its qualities, lifestyle, and property values – now allow my professionalism and sophisticated tools to showcase your property and achieve the right exposure to sell your property at its maximum potential.

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 would like your property professionally marketed and featured in my publications, which are mailed to over 1,700 potential buyers every month, call me at 310-902-7214.

BUY - SELL - EXCHANGE INCOME PROPERTY REPORT

Hawthorne Investment Property Market Report

13 INVESTMENT PROPERTIES LISTED IN YOUR AREA

Active

Status

Number Of Units Total

Year Built

List Price*

Active Active Active Active Active Active Active Active Active Active Active Active Active Active

2 4 2 2 2 3 3 4 3 4 4 3 4 6

1941 1958 1947 1940 1961 1941 1947 1960 1957 1961 1960 1988 1963 1961

$589,000 $645,000 $650,000 $695,000 $730,000 $950,000 $1,000,000 $1,199,000 $1,200,000 $1,255,000 $1,385,000 $1,599,000 $1,800,000 $2,250,000

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

There are currently 9 investment properties pending in your area. For more information on any of these listings, please call me.

8 INVESTMENT PROPERTIES SOLD IN THE LAST 60 DAYS IN YOUR AREA Status

Address

Sold Sold Sold Sold Sold Sold Sold Sold

11522 Freeman Avenue 4742 W 130th Street 3868 W 132nd Street 12516 Fonthill Avenue 4172 W 118th Street 11702 Menlo Avenue 4506 W 136th Street 4035 W 132nd Street

Number Of Units Total

Year Built

List Price*

Close Price*

Close Date

2 2 4 2 4 10 3 8

2016 1941 1964 1941 1964 1986 1967 1962

$875,000 $989,000 $1,599,000 $550,000 $1,150,000 $1,995,000 $1,395,000 $1,775,000

$875,000 $1,025,000 $1,500,000 $565,000 $1,100,000 $2,025,000 $1,395,000 $1,800,000

08/01/18 08/01/18 08/01/18 07/30/18 07/03/18 06/29/18 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 16th, 2018 through August 15th, 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.

AT A GLANCE PAST 60 DAYS

AVERAGE ACTIVE LIST PRICE $1,139,064

AVERAGE SOLD PRICE $1,285,625

AVERAGE SP/LP RATIO 100%

AVERAGE DAYS ON MARKET (SOLDS) 38