NOT LISTED FOR SALE

14523 Freeman Ave Lawndale, CA 90260

17 Beds
16 Baths
10,800 Sq Ft
8,941 Sq Ft Lot

Sale Details

Date Sold: June 1, 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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $47,982 $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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