NOT LISTED FOR SALE

14812 Firmona Ave Lawndale, CA 90260

Estimated Value: $910,000 - $1,004,000

4 Beds
2 Baths
1,593 Sq Ft
$603/Sq Ft Est. Value

Last Sold April 07, 2015

Last sale price $471,000 $296 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $5,863/month

15 Days on Market

Highlights

  • Attic
  • No HOA
  • Laundry Room
  • Private Yard
  • Living Room
  • 3-minute walk to Jane Addams Park

About This Home

As of April 2015

Excellent investment opportunity in very desirable area of Lawndale West of Hawthorne Blvd. Two separate single family homes. Units need cosmetic improvements. Long term Tenants rent very low at $1,100. Back unit previously rented at $1,500 p/month.

Last Agent to Sell the Property

Howard Wood

Vista Sotheby’s International Realty License #00477685 Listed on: 12/29/2014

Vista Sotheby’s International Realty

Last Buyer's Agent

Stephanie Greer

Stephanie Greer, Broker License #01455376

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,539

Year Built

  • Built in 1950

Lot Details

  • 5,000 Sq Ft Lot
  • No Common Walls
  • West Facing Home
  • Wood Fence
  • Fence is in average condition
  • Paved or Partially Paved Lot
  • Level Lot
  • Private Yard
  • Front Yard

Parking

  • 1 Car Garage
  • Parking Available

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 1,593 Sq Ft Home
  • 1-Story Property
  • Blinds
  • Living Room
  • Attic

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Range Hood
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen

Utilities

  • Wall Furnace
  • Overhead Utilities
  • Gas Water Heater

Additional Features

  • Accessible Parking
  • Rain Gutters

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Legal Lot and Block 7+8 / 6
  • Tax Tract Number 6039
  • Assessor Parcel Number 4078020007

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 1 Leased Unit
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,000
  • Trash Expense $290
  • Water Sewer Expense $1,080
  • New Taxes Expense $5,988
  • Gross Income $1,100
  • Net Operating Income $4,842

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,539

Year Built

Built in 1950

Lot Details

0

Parking

1

Listing Details

  • Price Per Unit: 250000
  • Property Attached: No
  • View: No
  • Water Sewer Expenses: 1080.00
  • Zoning: LNRIYY
  • Property Type: Residential Income
  • Parcel Number: 4078020007
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Unfurnished
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Laminate, Carpet
  • Accessibility Features: Parking
  • Appliances: Yes
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 295.67
  • Room Type: Attic, Living Room
  • Window Features: Blinds

Exterior Features

  • Direction Faces: West
  • Foundation: Concrete Perimeter
  • Fencing: Average Condition, Wood
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Disposal, Gas Oven, Gas Cooktop, Gas Water Heater, Range Hood
  • Electric: Electricity - On Property
  • Heating Type: Wall Furnace
  • Laundry Features: In Kitchen
  • Trash Expense: 290.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks

Lot Info

  • Lot Features: Front Yard, Level, Paved, Utilities - Overhead, Yard
  • Lot Size Sq Ft: 5000.00
  • Lot Size Acres: 0.1150

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average2 Bed Area: 800
  • Gross Income: 1100.00
  • Gross Scheduled Income: 13200.00
  • Insurance Expense: 1000.00
  • Lot Size Area: 5000.0000 Square Feet
  • Net Operating Income: 4842.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 1
  • Number Of Units Total: 2
  • Number With Carpet: 2
  • Number With Disposal: 2
  • Number With Range: 2
  • Operating Expense: 8358.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 5988.00
  • Tax Block: 6
  • Tax Lot: 7+8
  • Tax Tract Number: 6039

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 23, 2024
Sold by
Lin Emma
Bought by
Margaritaville Trust and Lin
Current Estimated Value
$960,878

Purchase Details

Closed on
Jan 11, 2018
Sold by
Lin Emma and Liu Kathleen
Bought by
Lin Emma

Purchase Details

Closed on
Jan 15, 2015
Sold by
Fuss Matthias
Bought by
Lin Emma and Liu Kathleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$376,800
Interest Rate
3.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 11, 2010
Sold by
Fuss Matthias and Fuss Matt
Bought by
Fuss Matthias

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$387,600
Interest Rate
4.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 6, 2004
Sold by
Begando Ronald J and Begando Catherine L
Bought by
Fuss Matt

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$408,000
Interest Rate
4.03%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Nov 19, 1999
Sold by
Bourgeois Louis W and Bourgeois Bonnie J
Bought by
Bourgeois Louis W and Bourgeois Bonnie J
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Margaritaville Trust -- None Listed On Document
Lin Emma -- None Available
Lin Emma $471,000 Chicago Title Company
Fuss Matthias -- Progressive Title
Fuss Matt $510,000 Lawyers Title
Bourgeois Louis W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lin Emma $340,000
Previous Owner Lin Emma $376,800
Previous Owner Fuss Matthias $387,600
Previous Owner Fuss Matt $69,000
Previous Owner Fuss Matt $395,000
Previous Owner Fuss Matt $408,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/07/2015 04/07/15 Sold $471,000 -5.6% $296 / Sq Ft
01/13/2015 01/13/15 Pending -- -- --
12/29/2014 12/29/14 For Sale $499,000 -- $313 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

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 $7,539 $566,062 $360,551 $205,511
2024 $7,539 $554,964 $353,482 $201,482
2023 $7,145 $544,083 $346,551 $197,532
2022 $7,148 $533,415 $339,756 $193,659
2021 $6,964 $522,957 $333,095 $189,862
2020 $6,977 $517,596 $329,680 $187,916
2019 $6,711 $507,448 $323,216 $184,232
2018 $6,476 $497,499 $316,879 $180,620
2016 $6,017 $478,182 $304,575 $173,607
2015 $5,564 $445,000 $300,000 $145,000
2014 $5,631 $445,000 $300,000 $145,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB14263411

California Regional Multiple Listing Service (CRMLS)

APN: 4078-020-007