NOT LISTED FOR SALE

14523 Freeman Ave Lawndale, CA 90260

17 Beds
16 Baths
10,800 Sq Ft
8,930 Sq Ft Lot

Last Sold June 01, 2016

Last sale price $2,100,000 $194 Per Sq Ft

21 Days on Market

Highlights

  • No HOA
  • Carpet
  • 2-minute walk to Rudolph Park
  • Fireplace in Patio

About This Home

As of June 2016

Great income property in a wonderful South Bay location. These 8 units are townhome style with one 3bed/2ba unit and seven 2bed/2ba units. Each unit has wahser/dryer hookups, private balcony and formal dining area. Security building located on a cul-de-sac overlooking tennis courts and close to schools. Building has subterranean parking with 20 spaces.

Last Agent to Sell the Property

Rick Shaw

E Real Estate Corp. License #00526393 Listed on: 01/06/2016

Last Buyer's Agent

Dean Thomas

E Real Estate Corp. License #00711417

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1988

Lot Details

  • 8,941 Sq Ft Lot
  • Lot Dimensions are 50x178
  • Two or More Common Walls
  • Density is 6-10 Units/Acre

Parking

  • 20 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Property Attached
  • Slab Foundation

Interior Spaces

  • 10,800 Sq Ft Home
  • Dining Room with Fireplace
  • Carpet
  • Fire and Smoke Detector

Bedrooms and Bathrooms

  • 17 Bedrooms
  • All Upper Level Bedrooms
  • 16 Bathrooms

Additional Features

  • Fireplace in Patio
  • Phone Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity
  • Tax Lot 11
  • Tax Tract Number 6211
  • Assessor Parcel Number 4077011022

Community Details

Overview

  • No Home Owners Association
  • 8 Units

Building Details

  • 8 Leased Units
  • 8 Separate Electric Meters
  • 8 Separate Gas Meters
  • 8 Separate Water Meters
  • Electric Expense $888
  • Gardener Expense $1,890
  • Insurance Expense $5,924
  • Maintenance Expense $9,694
  • Professional Management Expense $8,483
  • Trash Expense $2,933
  • Water Sewer Expense $6,588
  • New Taxes Expense $26,250
  • Operating Expense $62,650
  • Gross Income $12,415
  • Net Operating Income $91,700

Property Details

Home Type

Multi-Family

Year Built

Built in 1988

Lot Details

8,941 Sq Ft Lot

Parking

20

Listing Details

  • Professional Management Expense: 8483.00
  • Property Attached: Yes
  • Security: Smoke Detector(s)
  • Water Sewer Expenses: 6588.00
  • Zoning: R-3
  • Property Type: Residential Income
  • Gardener Expense: 1890.00
  • Parcel Number: 4077011022
  • Year Built: 1988
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet
  • Fireplace Features: Dining Room, Patio
  • Levels: Two
  • Price Per Square Foot: 194.44
  • Room Type: All Bedrooms Up

Exterior Features

  • Foundation: Slab
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 20.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 20.00

Utilities

  • Utilities: Electricity Available, Sewer Connected, Phone Available
  • Electric: Electricity - On Property
  • Trash Expense: 2933.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 6-10 Units/Acre
  • Lot Size: 50X178
  • Lot Size Sq Ft: 8941.00
  • Price Per Lot Square Foot: 234.87
  • Lot Size Acres: 0.2050

Rental Info

  • Tenant Pays: Cable TV, Electricity

Multi Family

  • Average2 Bed Area: 7
  • Average3 Bed Area: 1
  • Electric Expense: 888.00
  • Gross Income: 12415.00
  • Gross Operating Income: 146325.00
  • Gross Scheduled Income: 148980.00
  • Insurance Expense: 5924.00
  • Lot Size Area: 8941.0000 Square Feet
  • Maintenance Expense: 9694.00
  • Net Operating Income: 91700.00
  • Number Of Separate Electric Meters: 8
  • Number Of Separate Gas Meters: 8
  • Number Of Separate Water Meters: 8
  • Number Of Units Leased: 8
  • Number Of Units Total: 8
  • Number With Carpet: 8
  • Number With Dishwasher: 8
  • Number With Disposal: 8
  • Operating Expense: 54625.00
  • Rent Control: No
  • Total Actual Rent: 12415.00
  • Total Expenses: 62650.00

Tax Info

  • New Taxes Expense: 26250.00
  • Tax Lot: 11
  • Tax Tract Number: 6211.0
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/01/2016 06/01/16 Sold $2,100,000 0.0% $194 / Sq Ft
01/27/2016 01/27/16 Pending -- -- --
01/06/2016 01/06/16 For Sale $2,100,000 -- $194 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $46,206 $3,599,086 $1,082,432 $2,516,654
2024 $46,206 $3,528,516 $1,061,208 $2,467,308
2023 $43,701 $3,459,330 $1,040,400 $2,418,930
2022 $43,729 $3,391,500 $1,020,000 $2,371,500
2021 $42,583 $3,325,000 $1,000,000 $2,325,000
2020 $30,405 $2,273,106 $595,337 $1,677,769
2019 $29,243 $2,228,536 $583,664 $1,644,872
2018 $28,756 $2,184,840 $572,220 $1,612,620
2016 $20,089 $1,530,740 $883,120 $647,620
2015 $19,581 $1,507,748 $869,855 $637,893
2014 $19,468 $1,478,214 $852,816 $625,398
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB16004906

California Regional Multiple Listing Service (CRMLS)
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