NOT LISTED FOR SALE

15236 Eastwood Ave Lawndale, CA 90260

Estimated Value: $1,387,000 - $1,787,000

8 Beds
4 Baths
3,456 Sq Ft
$454/Sq Ft Est. Value

Last Sold May 30, 2014

Last sale price $850,100 $246 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $9,858/month

14 Days on Market

Highlights

  • Laundry Room
  • Carpet
  • Wall Furnace
  • 4 Car Garage

About This Home

As of May 2014

Clean 4–Unit building, well located in the City of Lawndale. The unit configuration is composed of: (4) 2BD 1BA houses situated on a large lot, built in 1960, and zoned R2. This well-kept building is on a wide street. Some of the recent repairs include: newer roofs, garage doors, and exterior paint. There are 10 total parking spaces on the property. The 10 spaces include 4 individual garages and 6 uncovered parking spaces.

**Please do not walk the property or disturb the tenants

Last Agent to Sell the Property

Brett Lyon

Lyon Stahl Investment Real Estate, Inc. License #01717818 Listed on: 03/04/2014

Lyon Stahl Investment Real Estate, Inc.

Co-Listed By

Woody Stahl

Lyon Stahl Investment Real Est License #01399621

Last Buyer's Agent

Michael Millea

Lyon Stahl Investment Real Estate, Inc. License #01069014

Lyon Stahl Investment Real Estate, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,525

Year Built

  • Built in 1960

Lot Details

  • 10,267 Sq Ft Lot
  • No Common Walls
  • Chain Link Fence
  • Density is 2-5 Units/Acre

Parking

  • 4 Car Garage
  • Parking Available

Home Design

  • 3,456 Sq Ft Home
  • Slab Foundation
  • Composition Roof
  • Plaster

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Additional Features

  • Disposal
  • Urban Location
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 7
  • Assessor Parcel Number 4076006001

Community Details

Overview

  • 4 Buildings
  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Operating Expense $19,030
  • Gross Income $5,450
  • Net Operating Income $44,408

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,525

Year Built

Built in 1960

Lot Details

0

Parking

4

Listing Details

  • CapRate: 5.38
  • Property Attached: No
  • Property Type: Residential Income
  • Parcel Number: 4076006001
  • Year Built: 1960
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Flooring: Carpet, Vinyl
  • Appliances: Yes
  • Price Per Square Foot: 245.98

Exterior Features

  • Foundation: Slab
  • Fencing: Chain Link
  • Pool Private: No
  • Roof: Composition
  • Construction Materials: Plaster

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Disposal
  • Heating Type: Wall Furnace
  • Laundry Features: Gas & Electric Dryer Hookup
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 10267.00
  • Lot Size Acres: 0.2360

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 5450.00
  • Gross Multiplier: 12.61
  • Gross Operating Income: 63438.00
  • Gross Scheduled Income: 65400.00
  • Lot Size Area: 10267.0000 Square Feet
  • Net Operating Income: 44408.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 19030.00
  • Operating Expense Percent: 29.00
  • Rent Control: No
  • Total Expenses: 19030.00
  • Vacancy Allowance: 1962
  • Vacancy Allowance Rate: 3.00

Tax Info

  • Tax Lot: 7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 29, 2018
Sold by
Barba Wendy and Millea Micheal C
Bought by
Lls Group 4 Llc
Current Estimated Value
$1,568,592

Purchase Details

Closed on
Jun 12, 2015
Sold by
Smith Lloyd L
Bought by
The Ll Smith Living Trust

Purchase Details

Listed on
Mar 4, 2014
Closed on
May 14, 2014
Sold by
Conway Anthony E and Conway Margaret C
Bought by
Smith L L
Seller's Agent
Brett Lyon
Lyon Stahl Investment Real Estate, Inc.
Buyer's Agent
Michael Millea
Lyon Stahl Investment Real Estate, Inc.
List Price
$825,000
Sold Price
$850,100
Premium/Discount to List
$25,100
3.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.59%
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
Lls Group 4 Llc -- None Available
The Ll Smith Living Trust -- None Available
Smith L L $850,500 Fidelity
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Conway Anthony E $143,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2014 05/30/14 Sold $850,100 +3.0% $246 / Sq Ft
03/18/2014 03/18/14 Pending -- -- --
03/04/2014 03/04/14 For Sale $825,000 -- $239 / 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 $16,525 $1,251,608 $796,478 $455,130
2024 $16,525 $1,227,067 $780,861 $446,206
2023 $15,653 $1,203,007 $765,550 $437,457
2022 $15,660 $1,179,420 $750,540 $428,880
2021 $15,265 $1,156,295 $735,824 $420,471
2020 $16,379 $1,234,200 $586,500 $647,700
2019 $14,711 $1,122,000 $714,000 $408,000
2018 $14,369 $1,100,000 $700,000 $400,000
2017 $11,597 $897,807 $528,122 $369,685
2016 $11,269 $880,204 $517,767 $362,437
2015 $10,978 $866,983 $509,990 $356,993
2014 $4,881 $324,488 $113,227 $211,261
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB14044120

California Regional Multiple Listing Service (CRMLS)

APN: 4076-006-001