Charles Fisher - Hawthorne Investment Properties - May 2018

CHARLES FISHER

1401 Highland Avenue Manhattan Beach, CA 90266

REALTOR® | CalBRE# 01731424

Each Office Independently Owned and Operated.

INVESTMENT PROPERTY REPORT

310-902-7214

HAWTHORNE INVESTMENT PROPERTIES

charles@fisherrealestate.com www.FisherRealEstate.com

Published by REAL Marketing (REM) | www.REALMarketing4You.com | 858.254.9619 | © 2018

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

investors in the rental market

With High Demand in the Rental Market, Sales Prices of Investment Properties are Increasing!

As tax reform yields more benefits to renters in general, many consumers may decide to rent longer than they otherwise would have.

INVESTOR BUYER SALES 14% MEDIAN SALES PRICE $435,000

MEDIAN LOAN AMOUNT $322,500 PURCHASE BELOW $750,000 76% WITH LOAD AT OR BELOW $750,000 100% INVESTMENT PROPERTIES AS RENTALS 76%

This is likely to drive up demand in the rental market and increase sales of rental properties.

Unlike owner-occupants, investors can write off all expenses related to owning and running a rental under the tax reform guidelines. As such, there could be an increase in investors.

Johnathan and Angela-Marie, With sales prices increasing for rental properties, now is the time to sell. Call me today at 310-902-7214 to get the most money for your investment.

Source: California Real Estate Magazine, Issue March/April 2018

MEDIAN SQUARE FOOTAGE 1,500

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 property. If you are looking to sell, let me help you achieve exceptional results. Call me today at 301-902-7214.

BUY - SELL - EXCHANGE INCOME PROPERTY REPORT Johnathan and Angela-Marie, If you’re curious about your home’s current value, whether for future sale, estate planning, or any other reason, call me today at 301-902-7214 for a complimentary evaluation.

Hawthorne Investment Property Market Report

Active Pending

8 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

2 2 2 4 4 3 4 6

1965 1944 2016 1952 1962 1988 1963 1961

$736,000 $780,000 $894,000 $950,000 $1,449,000 $1,599,000 $1,800,000 $2,250,000

There are currently 14 investment properties pending in your area.

For more information on any of these listings, please call me.

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

Address

Sold Sold Sold Sold Sold Sold Sold Sold

4448 W 115th Street 3723 W 116th Street 11708 Menlo Avenue 12009 Cedar Avenue 4084 W 129th Street 4442 W 133rd Street 4205 W 142nd Street 4494 W 131st Street

Number Of Units Total

Year Built

List Price

Close Price

Close Date

3 3 5 2 4 6 2 3

1948 1940 1989 1964 1960 1963 1947 1913

$700,000 $925,000 $1,499,000 $695,000 $1,150,000 $1,749,000 $875,000 $850,000

$700,000 $892,000 $1,475,000 $692,000 $1,140,000 $1,640,000 $875,000 $919,000

04/11/18 04/03/18 03/30/18 03/29/18 03/22/18 03/20/18 03/15/18 03/15/18

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 March 12th, 2018 through April 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 $1,307,250

AVERAGE SOLD PRICE $1,041,625

AVERAGE SP/LP RATIO 99%

AVERAGE DAYS ON MARKET (SOLDS) 39