NOT LISTED FOR SALE

14820 Avis Ave Lawndale, CA 90260

Estimated Value: $1,120,000 - $1,254,000

6 Beds
4 Baths
2,769 Sq Ft
$438/Sq Ft Est. Value

Last Sold March 03, 2021

Last sale price $915,000 $330 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $7,654/month

10 Days on Market

Highlights

  • 3 Car Direct Access Garage
  • Laundry Room
  • Brick Fence
  • Living Room
  • Central Heating

About This Home

As of March 2021

Duplex in Lawndale, live in one and rent the 2nd unit. Property sits on a 6,005 square foot parcel with 2,769 square feet of Living and rentable space. The gas and electricity are both individually metered. Each unit offers 3 bedrooms and two bath. Each unit has indoor washer and dryer area. Roof is less than 10 years old, front unit has newer central/heating unit. Front unit has a den that can be used as a 4th bedroom.

Last Agent to Sell the Property

Cesar Rivas

Realty Executives Com. & Res. License #01376869 Listed on: 01/04/2021

Realty Executives Com. & Res.

Last Buyer's Agent

Veronica Sun

eXp Realty of Greater Los Angeles, Inc. License #02017110

eXp Realty of Greater Los Angeles, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,669

Year Built

  • Built in 1972

Lot Details

  • 6,005 Sq Ft Lot
  • 1 Common Wall
  • Brick Fence
  • Density is up to 1 Unit/Acre

Parking

  • 3 Car Direct Access Garage
  • Parking Available
  • Driveway

Home Design

  • Duplex
  • Cosmetic Repairs Needed

Interior Spaces

  • 2,769 Sq Ft Home
  • Living Room
  • Laundry Room

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Utilities

  • Central Heating
  • No Utilities
  • Sewer Not Available

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Legal Lot and Block 9 / 34
  • Tax Tract Number 6038
  • Assessor Parcel Number 4077016012

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,300
  • Maintenance Expense $2,286
  • Trash Expense $900
  • Water Sewer Expense $1,200
  • New Taxes Expense $11,250
  • Operating Expense $14,650
  • Gross Income $62,400
  • Net Operating Income $45,464

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,669

Year Built

Built in 1972

Lot Details

0

Parking

3

Listing Details

  • CapRate: 5.06
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • View: No
  • Water Sewer Expenses: 1200.00
  • Zoning: LNR2*
  • Property Condition: Repairs Cosmetic
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 4077016012
  • Year Built: 1972
  • Special Features: None

Interior Features

  • Fireplace: No
  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 330.44
  • Room Type: Living Room

Exterior Features

  • Fence: Yes
  • Fencing: Brick
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Driveway
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: None
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: None
  • Trash Expense: 900.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6005.00
  • Lot Size Acres: 0.1379

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 62400.00
  • Gross Operating Income: 62400.00
  • Gross Scheduled Income: 62400.00
  • Insurance Expense: 1300.00
  • Lot Size Area: 6005.0000 Square Feet
  • Maintenance Expense: 2286.00
  • Net Operating Income: 45464.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 16936.00
  • Rent Control: No
  • Total Expenses: 14650.00

Tax Info

  • New Taxes Expense: 11250.00
  • Tax Block: 34
  • Tax Census Tract: 6038.01
  • Tax Lot: 9
  • Tax Tract Number: 6038.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 4, 2021
Closed on
Feb 25, 2021
Sold by
Palacios Yadira
Bought by
Palacios Luis David
Seller's Agent
Cesar Rivas
Realty Executives Com. & Res.
Buyer's Agent
Veronica Sun
eXp Realty of Greater Los Angeles, Inc.
List Price
$899,999
Sold Price
$915,000
Premium/Discount to List
$15,001
1.67%
Current Estimated Value
$1,213,178

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$298,178
Avg. Annual Appreciation
5.61%
Original Mortgage
$540,000
Outstanding Balance
$484,072
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$685,535

Purchase Details

Listed on
Jan 4, 2021
Closed on
Jan 28, 2021
Sold by
Pena Daniel
Bought by
Palacios Luis David
Seller's Agent
Cesar Rivas
Realty Executives Com. & Res.
Buyer's Agent
Veronica Sun
eXp Realty of Greater Los Angeles, Inc.
List Price
$899,999
Sold Price
$915,000
Premium/Discount to List
$15,001
1.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Outstanding Balance
$484,072
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$685,535

Purchase Details

Closed on
Apr 5, 2001
Sold by
Pena Francisco R and Pena Pauline F
Bought by
Pena Francisco R
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
Palacios Luis David -- Stewart Title
Palacios Luis David $915,000 Stewart Title
Pena Francisco R -- --
Pena Francisco R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Palacios Luis David $540,000
Previous Owner Pena Francisco R $140,718
Previous Owner Pena Francisco R $164,125
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/03/2021 03/03/21 Sold $915,000 +1.7% $330 / Sq Ft
01/15/2021 01/15/21 Pending -- -- --
01/04/2021 01/04/21 For Sale $899,999 -- $325 / 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 $12,669 $990,423 $644,046 $346,377
2024 $12,669 $971,004 $631,418 $339,586
2023 $11,986 $951,966 $619,038 $332,928
2022 $11,991 $933,300 $606,900 $326,400
2021 $11,506 $894,168 $555,698 $338,470
2020 $3,040 $188,311 $44,371 $143,940
2019 $2,940 $184,619 $43,501 $141,118
2018 $2,810 $181,000 $42,649 $138,351
2016 $2,602 $173,974 $40,994 $132,980
2015 $2,542 $171,362 $40,379 $130,983
2014 $2,536 $168,007 $39,589 $128,418
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW20257356

California Regional Multiple Listing Service (CRMLS)

APN: 4077-016-012