$585,000
●
Condo -
Off Market
5440 Strand #201
Hawthorne, CA 90245
1 Bed
1 Bath
957 Ft²
$882,832
RealtyHop Estimate
55.16%
Since Dec 1, 2017
CA-Los Angeles
Primary Model
About This Property
Studio unit in the Flats that's been converted to a one bedroom
with 3/4 dividing wall and beautiful glass French doors separating
the bedroom suite with private bath and upgraded walk-in closet.
The living area of this unit is a large open floor plan with
beautiful wide-planked oak hardwood floors, granite countertop on
kitchen island/bar, stainless steel appliances, central A/C and
laundry closet with stackable washer and dryer. This centrally
located unit is estimated by the builder to be approximately 957
square feet (buyer to verify) and is steps away from the pools and
fitness center. It comes with its own oversized one car garage
equipped with bike racks. 360 South Bay is a beautifully landscaped
gated community that includes everything you need to enjoy the
Southern California lifestyle: state of-the-art fitness center,
three heated pools, sports court, community rooms, dog parks and
only minutes to Manhattan Beach, LAX, El Segundo, Playa
Vista/Marina del Rey. Located within the highly rated Wiseburn
School District including the Da Vinci Charter Schools.
Unit Size
957 Ft²
Days on Market
32 days
Land Size
0.27 acres
Price per sqft
$595
Property Type
Condo
Property Taxes
-
HOA Dues
$425
Year Built
-
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Cap Rate Calculator
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 4 months ago (CRMLS #SB17245405)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 28, 2017 | Sold | ||
| Sold | |||
| Oct 27, 2017 | Listed by Coldwell Banker Residential | $569,000 | |
| Listed by Coldwell Banker Residential | |||
Property Highlights
Parking Available
Garage
Elevator
Air Conditioning
Fireplace
Parking Details
Has Garage
Parking Features: Garage
Garage Spaces: 1
Interior Details
Full Bathrooms: 1
Interior Features: Breakfast Bar, Open Floorplan, Walk-In Closet(s), BedroomOnMainLevel
Appliances: Dishwasher, Disposal, Gas Oven, Gas Range, Gas Water Heater, Microwave, Refrigerator, Tankless Water Heater, Dryer, Washer
Flooring Type: Tile, Wood
Laundry Features: Laundry Closet
Fireplace Features: None
Exterior Details
Square Footage: 957
Square Footage Source: $0
Security Features: Carbon Monoxide Detector(s), Fire Sprinkler System, Security Gate, Gated Community, Smoke Detector(s), FireDetectionSystem
Property Condition: Turnkey
Architectural Style: Contemporary
Year Built Source: Assessor
Year Built: 2013
Builder Name: William Lyon Homes
Levels: One
Construction Materials: Stucco
Patio and Porch Features: Patio
Pool Features: Community, Heated, In Ground, Lap, Association
Lot Features: Landscaped
Lot Size Area: 11894
Lot Size Units: Square Feet
Lot Size Acres: 0.273
Lot Size Square Feet: 11894
Tax Lot: 13
Water Source: Public
Utilities Details
Cooling Type: Central Air
Heating Type: Central
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Sewer
HOA/Condo/Coop Amenities: Fitness Center, Meeting Room, Management, Barbecue, Playground, Pool, Recreation Room, Spa/Hot Tub, Security, Trash, BocceCourt, DuesPaidMonthly, FirePit, OutdoorCookingArea, PetsAllowed
HOA Fee: $425
HOA Fee Frequency: Monthly
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
10/26/2021
|
2 Bed
|
2 Bath
|
1662 ft²
|
$975,000
2 Bed
2 Bath
1662 ft²
|
-
-
|
Holly Danna
Douglas Elliman of California, Inc.
| |
|
03/22/2021
|
2 Bed
|
2 Bath
|
1528 ft²
|
$950,000
2 Bed
2 Bath
1528 ft²
|
-
-
|
-
| |
|
09/13/2018
|
2 Bed
|
2 Bath
|
1528 ft²
|
$839,000
2 Bed
2 Bath
1528 ft²
|
$890,000
+6.08%
10/19/2018
|
Holly Danna
Douglas Elliman of California, Inc.
| |
|
10/27/2017
|
1 Bed
|
1 Bath
|
957 ft²
|
$569,000
1 Bed
1 Bath
957 ft²
|
$585,000
+2.81%
11/28/2017
|
Derek Hirano
Keller Williams South Bay
|
Building Info
About Hawthorne
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Listed by: John Capellaro, Coldwell Banker Residential
Last Updated: 4 months ago
Data Source: CRMLS, MLS# SB17245405
Last Updated: 4 months ago
Data Source: CRMLS, MLS# SB17245405
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