$1,345,000
SOLD MAY 16, 2025

15240 Osage Ave Lawndale, CA 90260

8 Beds
5 Baths
3,342 Sq Ft
10,148 Sq Ft Lot

Recently Sold

$402 Per Sq Ft

8% Above List Price

14 Days on Market

About This Home

As of May 2025

Four Detached Single-Story Units on a Large 10,148-SF Lot | Unit Mix of (One) 3-Bedroom/2-Bathroom Unit, (Two) 2-Bedroom/1-Bathroom Units & (One) 1-Bedroom/1-Bathroom Unit | Highly Desirable Lawndale Location - West of Prairie Avenue & a Few Blocks from Alondra Park | Large Lot Presents Desirable Opportunity to Add ADUs or Redevelop the Property | No Local Rent Control - Defaults to AB 1482 | Residential Asset - Perfect Owner-User Opportunity | 7.48% Pro-Forma Cap Rate & 10.27 Pro-Forma GRM | 4.37% Current Cap Rate & 15.31 Current GRM | Four Garages | Minimal Common Area Expenses | Qualifies for Residential Financing | Situated in Lawndale School District Within a Few Blocks of the Local Schools | Less Than 4 Miles from the Pacific Ocean & in Close Proximity to El Camino College, Northrup Grumman & South Bay Galleria

Last Agent to Sell the Property

Jonathan Nikfarjam

Shield CRE, Inc. License #01856803 Listed on: 03/31/2025

Last Buyer's Agent

Andrew Watkins

Century 21 Masters License #01478668

Century 21 Masters

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,676

Year Built

  • Built in 1960

Lot Details

  • 10,148 Sq Ft Lot
  • Property is zoned LNR2YY

Parking

  • 4 Car Garage

Interior Spaces

  • 3,342 Sq Ft Home
  • 1-Story Property
  • Washer

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 5 Bathrooms

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 4076-004-005

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,676

Year Built

Built in 1960

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential Income
  • Levels: One
  • Street Number Display: Yes
  • Alley: No
  • Living Area: 3342
  • Lot Acreage: 0.2330
  • Price Per Unit: 311250.00
  • Stories: 1
  • Year Built: 1960
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 8
  • Common Walls: Detached/No Common Walls
  • Total Bathrooms: 5.00
  • Equipment: Gas Or Electric Dryer Hookup, Washer
  • Price Per S Q F T: 372.53

Exterior Features

  • Other Structures: Other
  • Paved: Yes

Garage/Parking

  • Garage Spaces: 4
  • Covered Parking: 4
  • Garage Structures: 4
  • Parking Garage: Garage
  • Total Parking: 4

Utilities

  • Number Electric Meters: 4
  • Number Gas Meters: 4

Lot Info

  • Assessed Improvement Percent: 47.37
  • Assessed Improvement Value: 277065
  • Assessed Land Percent: 52.63
  • Assessed Land Value: 307851
  • Total Assessed Value: 584916
  • Assessor Parcel Number: 4076-004-005
  • Lot Size Area: 10148

Rental Info

  • Total Actual Rent: 81300.00

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 15.31
  • Number Of Units: 4
  • Total Annual Expense: 24459
  • Type Of Units: 3+2,2+1,1+1
  • Vacancy Allow: 2439
  • Vacancy Allow Percent: 3.00
  • Vacancy Rate: 0

Tax Info

  • Tax Rate: 1.25
  • Tax Total: 15563.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2025
Closed on
May 13, 2025
Sold by
Haam Llc
Bought by
Villamuera Roman Sandoval and Henao Vanessa Samantha
Seller's Agent
Jonathan Nikfarjam
Shield CRE, Inc.
Buyer's Agent
Andrew Watkins
Century 21 Masters
List Price
$1,245,000
Sold Price
$1,345,000
Premium/Discount to List
$100,000
8.03%
Views
47
Current Estimated Value
$1,350,245

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,245
Avg. Annual Appreciation
1.40%
Original Mortgage
$1,277,750
Outstanding Balance
$1,275,496
Interest Rate
6.64%
Mortgage Type
New Conventional
Estimated Equity
$74,749

Purchase Details

Closed on
Mar 19, 2018
Sold by
Schwartz Seth Andrew
Bought by
Schwartz Seth Andrew and Seth Madrew Schwartz Revocable

Purchase Details

Closed on
Oct 11, 2011
Sold by
Schwartz Gislaine Cristina Kuk
Bought by
Schwartz Seth Andrew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$356,250
Interest Rate
4.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 8, 2011
Sold by
Walton Benjamin and Walton Sara
Bought by
Schwartz Seth Andrew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$356,250
Interest Rate
4.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 25, 2005
Sold by
Walton Richard L and Walton Robin M
Bought by
Walton Benjamin and Walton Sara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$528,500
Interest Rate
5.07%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jan 12, 2004
Sold by
Rao Jonnada M L N and Rao Brigid T
Bought by
Walton Richard L and Walton Robin M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$456,000
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Grant Deed $1,345,000 Old Republic Title Company
Grant Deed -- Old Republic Title Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Lawyers Title
Grant Deed $475,000 Lawyers Title
Interfamily Deed Transfer -- Fidelity National Title Co
Grant Deed $570,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,277,750 New Conventional
Previous Owner $346,000 New Conventional
Previous Owner $356,250 New Conventional
Previous Owner $150,000 Credit Line Revolving
Previous Owner $528,500 Negative Amortization
Previous Owner $456,000 Purchase Money Mortgage
Previous Owner $198,800 Unknown
Closed $57,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2025 05/16/25 Sold $1,345,000 +8.0% $402 / Sq Ft
04/14/2025 04/14/25 Pending -- -- --
03/31/2025 03/31/25 For Sale $1,245,000 -- $373 / Sq Ft
Source: The MLS

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 $8,676 $596,614 $314,008 $282,606
2024 $8,676 $584,916 $307,851 $277,065
2023 $8,256 $573,448 $301,815 $271,633
2022 $8,252 $562,205 $295,898 $266,307
2021 $8,056 $551,183 $290,097 $261,086
2020 $8,068 $545,532 $287,123 $258,409
2019 $7,783 $534,837 $281,494 $253,343
2018 $7,504 $524,351 $275,975 $248,376
2016 $6,933 $503,991 $265,259 $238,732
2015 $6,762 $496,422 $261,275 $235,147
2014 $6,734 $486,698 $256,157 $230,541
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 25518701

The MLS

APN: 4076-004-005