NOT LISTED FOR SALE

14916 Freeman Ave Lawndale, CA 90260

Estimated Value: $1,249,000 - $1,498,000

9 Beds
3 Baths
2,961 Sq Ft
$464/Sq Ft Est. Value

Last Sold August 13, 2012

Last sale price $580,000 $196 Per Sq Ft

Est. 137% increase in value since last sale

Current estimated payment $8,098/month

49 Days on Market

Highlights

  • All Bedrooms Downstairs
  • No HOA
  • Laundry Room
  • Wood Flooring
  • Tile Countertops
  • Family Room

About This Home

As of August 2012

Well Maintained Owner-User triplex with detached house. Enjoy the benefits of security and a steady income! The front house with 1,108 sq ft is a charming 3 Bedroom, 1 Bathroom home with a small private fenced in yard. The rear unit is a Duplex consisting of 3 Bedrooms and 1 Bathroom each. All units have been nicely remodeled with ceramic tile floors and tile counter tops in kitchens and bathrooms, new laminate wood floors, fresh paint, laundry hook-ups, 1 car garage and 1 car parking space for each unit. Excellent Investment property with great unit mix and all 3 units have long term tenants.

Last Agent to Sell the Property

Georgette Afsa

Safari Realty License #01706511 Listed on: 06/12/2012

Last Buyer's Agent

Clint Patterson

Berkshire Hathaway HomeService License #01877253

Berkshire Hathaway HomeService

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1961

Lot Details

  • 7,747 Sq Ft Lot

Parking

  • 3 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Ranch Style House
  • Turnkey
  • Frame Construction
  • Shingle Roof
  • Stucco

Interior Spaces

  • 2,961 Sq Ft Home
  • Family Room
  • Fire and Smoke Detector
  • Tile Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 9 Bedrooms
  • All Bedrooms Down
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Utilities

  • Wall Furnace
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Legal Lot and Block 2 / 42
  • Tax Tract Number 6038
  • Assessor Parcel Number 4077024032

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 3 Units

Building Details

  • 3 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $2,000
  • Trash Expense $400
  • Water Sewer Expense $800
  • New Taxes Expense $6,860
  • Gross Income $55,704
  • Net Operating Income $37,044

Property Details

Home Type

Multi-Family

Year Built

Built in 1961

Lot Details

0

Parking

3

Listing Details

  • Assessments: Yes
  • Inclusions: Range/Oven
  • Security: Smoke Detector(s)
  • Water Sewer Expenses: 800.00
  • Zoning: LNR2
  • Architectural Style: Ranch
  • Property Condition: Turnkey
  • Property Type: Residential Income
  • Parcel Number: 4077024032
  • Year Built: 1961
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Tile Counters
  • Flooring: Tile, Wood
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 195.88
  • Room Type: All Bedrooms Down, Family Room

Exterior Features

  • Roof: Shingle
  • Construction Materials: Frame, Stucco

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 9.00

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Gas & Electric Dryer Hookup, Inside, Washer Hookup
  • Trash Expense: 400.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Curbs, Gutters, Sidewalks, Street Lights, Storm Drains

Lot Info

  • Lot Size: 7,747
  • Lot Size Sq Ft: 7747.00
  • Lot Size Acres: 0.1780

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average1 Bed Area: 1108
  • Average2 Bed Area: 1032
  • Average3 Bed Area: 1032
  • Gross Income: 55704.00
  • Gross Multiplier: 9.85
  • Gross Scheduled Income: 55704.00
  • Insurance Expense: 2000.00
  • Lot Size Area: 7747.0000 Square Feet
  • Net Operating Income: 37044.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Number With Range: 3
  • Operating Expense: 15875.00
  • Operating Expense Percent: 30.00
  • Rent Control: No
  • Total Actual Rent: 4642.00
  • Vacancy Allowance Rate: 5.00

Tax Info

  • New Taxes Expense: 6860.00
  • Tax Block: 42
  • Tax Lot: 2
  • Tax Tract Number: 6038
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 15, 2023
Sold by
Santora Lisa and Santora Phong
Bought by
Ramino Llc
Current Estimated Value
$1,372,750

Purchase Details

Listed on
Jun 12, 2012
Closed on
Jul 21, 2012
Sold by
Mcilroy Donald A
Bought by
Santora Lisa and Nguyen Phong
Seller's Agent
Georgette Afsa
Safari Realty
Buyer's Agent
Clint Patterson
Berkshire Hathaway HomeService
List Price
$549,000
Sold Price
$580,000
Premium/Discount to List
$31,000
5.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.61%
Original Mortgage
$423,750
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 12, 2012
Closed on
Jul 2, 2012
Sold by
Drennan Susan and Moilroy Susan A
Bought by
Mcilroy Donald A
Seller's Agent
Georgette Afsa
Safari Realty
Buyer's Agent
Clint Patterson
Berkshire Hathaway HomeService
List Price
$549,000
Sold Price
$580,000
Premium/Discount to List
$31,000
5.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$423,750
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 5, 2003
Sold by
Dearmond Mary
Bought by
Mcilroy Donald A and Mcilroy Susan A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
3.72%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 16, 1995
Sold by
Federal National Mortgage Association
Bought by
Dearmond Mary

Purchase Details

Closed on
Sep 29, 1995
Sold by
Home Svgs Of America Fsb
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Sep 7, 1994
Sold by
Home Svgs Of America Fsb
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Aug 26, 1994
Sold by
Ring Laurence Mark and Home Svgs Of America Fsb
Bought by
Home Svgs Of America Fsb
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Ramino Llc -- Accommodation/Courtesy Recordi
Santora Lisa $580,000 Ticor Title Co
Mcilroy Donald A -- None Available
Mcilroy Donald A $500,000 Lawyers Title Company
Dearmond Mary $175,000 Commonwealth Land Title
Federal National Mortgage Association -- Commonwealth Land Title
Federal National Mortgage Association -- --
Home Svgs Of America Fsb $269,547 Investors Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Santora Lisa $423,750
Previous Owner Mcilroy Donald A $400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/13/2012 08/13/12 Sold $580,000 +5.6% $196 / Sq Ft
07/31/2012 07/31/12 Pending -- -- --
06/12/2012 06/12/12 For Sale $549,000 -- $185 / 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 $9,760 $714,216 $406,364 $307,852
2024 $9,760 $700,213 $398,397 $301,816
2023 $9,261 $686,485 $390,586 $295,899
2022 $9,262 $673,026 $382,928 $290,098
2021 $9,030 $659,830 $375,420 $284,410
2020 $9,046 $653,065 $371,571 $281,494
2019 $8,709 $640,261 $364,286 $275,975
2018 $8,463 $627,708 $357,144 $270,564
2016 $7,831 $603,335 $343,277 $260,058
2015 $7,631 $594,273 $338,121 $256,152
2014 $7,589 $582,633 $331,498 $251,135
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: S12077416

California Regional Multiple Listing Service (CRMLS)

APN: 4077-024-032