NOT LISTED FOR SALE

15000 Freeman Ave Lawndale, CA 90260

Estimated Value: $927,000 - $1,082,000

6 Beds
2 Baths
1,956 Sq Ft
$520/Sq Ft Est. Value

Last Sold October 19, 2018

Last sale price $750,000 $383 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $6,223/month

2 Days on Market

Highlights

  • No HOA
  • Living Room
  • Accessible Parking
  • Neighborhood Views
  • Laundry Room
  • Wall Furnace

About This Home

As of October 2018

EXCITING and RARE opportunity to own residential income units at this price! Both units are 3-bedrooms/1-bath with good floor plans. Lots of potential with master bedrooms that are large and a comfortable size. Spacious lot and detached garages. Low-maintenance backyard with room to expand. Great location - walking distance to Hawthorne Blvd, accessible to freeway system, quick drive to our popular South Bay beaches, restaurants, malls, churches, schools, etc... No rent control in Lawndale. Consider all you're getting and do the math. A wise investment, indeed!

Last Agent to Sell the Property

Teresita Creedon

Century 21 Coastal Properties License #01734294 Listed on: 08/15/2018

Century 21 Coastal Properties

Last Buyer's Agent

Teresita Creedon

Century 21 Coastal Properties License #01734294 Listed on: 08/15/2018

Century 21 Coastal Properties

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1961

Lot Details

  • 7,205 Sq Ft Lot
  • 1 Common Wall
  • Back and Front Yard

Parking

  • 3 Car Garage
  • Parking Available
  • Three Garage Doors

Home Design

  • Duplex

Interior Spaces

  • 1,956 Sq Ft Home
  • Living Room
  • Laminate Flooring
  • Neighborhood Views
  • Laundry Room

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Bathrooms

Accessible Home Design

  • Accessible Parking

Utilities

  • Wall Furnace
  • Septic Type Unknown

Listing and Financial Details

  • Tenant pays for all utilities
  • Tax Lot 3
  • Assessor Parcel Number 4077024031

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $700
  • Trash Expense $348
  • New Taxes Expense $9,363
  • Operating Expense $10,511
  • Gross Income $36,000
  • Net Operating Income $29,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1961

Lot Details

0

Parking

3

Listing Details

  • Property Attached: Yes
  • View: Yes
  • Zoning: LNR2*
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 4077024031
  • Year Built: 1961
  • Special Features: None

Interior Features

  • Fireplace: No
  • Common Walls: 1 Common Wall
  • Flooring: Laminate
  • Accessibility Features: Parking
  • Levels: One
  • Price Per Square Foot: 383.44
  • Room Type: Kitchen, Living Room, Master Bathroom

Exterior Features

  • View: Neighborhood
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Garage - Three Door
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Inside
  • Sewer: Unknown
  • Trash Expense: 348.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard
  • Lot Size Sq Ft: 7205.00

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Gross Income: 36000.00
  • Gross Scheduled Income: 36000.00
  • Insurance Expense: 700.00
  • Net Operating Income: 29000.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 7000.00
  • Rent Control: No
  • Total Expenses: 10511.00

Tax Info

  • New Taxes Expense: 9363.00
  • Tax Census Tract: 6038.01
  • Tax Lot: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 15, 2018
Closed on
Oct 10, 2018
Sold by
Pascual Manuel
Bought by
Pascual Digna Molina
Seller's Agent
Teresita Creedon
Century 21 Coastal Properties
Buyer's Agent
Teresita Creedon
Century 21 Coastal Properties
List Price
$749,000
Sold Price
$750,000
Premium/Discount to List
$1,000
0.13%
Current Estimated Value
$1,020,951

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$270,951
Avg. Annual Appreciation
4.27%
Original Mortgage
$633,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 15, 2018
Closed on
Aug 28, 2018
Sold by
Bunnao Leomar
Bought by
Bunnao Molina
Seller's Agent
Teresita Creedon
Century 21 Coastal Properties
Buyer's Agent
Teresita Creedon
Century 21 Coastal Properties
List Price
$749,000
Sold Price
$750,000
Premium/Discount to List
$1,000
0.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$633,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 15, 2018
Closed on
Aug 21, 2018
Sold by
Ascueta Reynaldo P and Ascueta Precy M
Bought by
Pascual Digna Molina and Bunnao Merly Molina
Seller's Agent
Teresita Creedon
Century 21 Coastal Properties
Buyer's Agent
Teresita Creedon
Century 21 Coastal Properties
List Price
$749,000
Sold Price
$750,000
Premium/Discount to List
$1,000
0.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$633,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 14, 2014
Sold by
Ascueta Reynaldo P
Bought by
Ascueta Family Revocable Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Pascual Digna Molina -- Priority Title
Bunnao Molina -- Priority Title
Pascual Digna Molina $750,000 Priority Title
Ascueta Family Revocable Trust -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bunnao Molina $633,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/19/2018 10/19/18 Sold $750,000 +0.1% $383 / Sq Ft
08/17/2018 08/17/18 Pending -- -- --
08/15/2018 08/15/18 For Sale $749,000 -- $383 / 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 $10,931 $836,634 $446,205 $390,429
2024 $10,931 $820,230 $437,456 $382,774
2023 $10,350 $804,148 $428,879 $375,269
2022 $10,356 $788,381 $420,470 $367,911
2021 $10,088 $772,924 $412,226 $360,698
2020 $10,109 $765,000 $408,000 $357,000
2019 $9,719 $750,000 $400,000 $350,000
2018 $6,105 $452,718 $291,037 $161,681
2016 $5,675 $435,140 $279,737 $155,403
2015 $5,531 $428,605 $275,536 $153,069
2014 $5,500 $420,210 $270,139 $150,071
Source: Public Records

Agents Affiliated with this Home

  • Teresita Creedon

    Seller's Agent in 2018

    Teresita Creedon

    Century 21 Coastal Properties

    (310) 923-8085

    31 Total Sales

    Teresita Creedon
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB18128475

California Regional Multiple Listing Service (CRMLS)

APN: 4077-024-031

California Los Angeles County Lawndale 90260

15000 Freeman Ave, Lawndale, CA

Not Listed for Sale

MultiFamily

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