NOT LISTED FOR SALE

4026 W 162nd St Lawndale, CA 90260

Estimated Value: $902,000 - $1,084,348

3 Beds
2 Baths
1,544 Sq Ft
$644/Sq Ft Est. Value

Last Sold May 28, 2017

Last sale price $625,000 $405 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $6,162/month

8 Days on Market

Highlights

  • Golf Course Community
  • Two Homes on a Lot
  • 2 Detached Carport Spaces
  • No HOA
  • Laundry Room
  • Sliding Doors

About This Home

As of May 2017

This is a great opportunity for a family or investor to own two units in the beautiful city of Lawndale, the roof in the front unit is less than one year old,
the kitchen was renovated with new cabinets, granite counter tops, and wood floor. The electric meter was updated it.

Last Agent to Sell the Property

Antonio Araiza

Casa Bella Realty Group License #01316680 Listed on: 04/10/2017

Last Buyer's Agent

George Kpachavi

Keller Williams Realty-Studio City License #01839703

Keller Williams Realty-Studio City

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,412

Year Built

  • Built in 1948

Lot Details

  • 5,205 Sq Ft Lot
  • No Common Walls
  • Brick Fence
  • Wire Fence
  • Fence is in fair condition
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage
  • 2 Open Parking Spaces
  • 2 Detached Carport Spaces
  • Parking Available
  • Rear-Facing Garage

Home Design

  • Duplex
  • Fire Rated Drywall
  • Stucco

Interior Spaces

  • 1,544 Sq Ft Home
  • 1-Story Property
  • Blinds
  • Window Screens
  • Sliding Doors
  • Laminate Flooring
  • Laundry Room

Kitchen

  • Gas Cooktop
  • Microwave
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Utilities

  • Wall Furnace
  • Natural Gas Connected
  • Gas Water Heater

Additional Features

  • Doors are 32 inches wide or more
  • Exterior Lighting
  • Two Homes on a Lot

Listing and Financial Details

  • Tenant pays for all utilities
  • Tax Lot 50
  • Tax Tract Number 6286
  • Assessor Parcel Number 4074022010

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Recreation

  • Golf Course Community

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,200
  • Trash Expense $528
  • Water Sewer Expense $330
  • New Taxes Expense $8,925
  • Operating Expense $10,983
  • Net Operating Income $30,684

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,412

Year Built

Built in 1948

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Other Phone Description: 213-276-1556
  • Other Phone Number: 213-2761556
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: No
  • Water Sewer Expenses: 330.00
  • Zoning: LNR2YY
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 4074022010
  • Year Built: 1948
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Laminate
  • Accessibility Features: 32 Inch Or More Wide Doors
  • Appliances: Yes
  • Door Features: Sliding Doors
  • Levels: One
  • Price Per Square Foot: 404.79
  • Room Type: All Bedrooms Down
  • Window Features: Blinds, Screens

Exterior Features

  • Other Structures: Two On A Lot
  • Fence: Yes
  • Fencing: Brick, Fair Condition, Wire
  • Pool Private: No
  • Construction Materials: Drywall Walls, Stucco

Garage/Parking

  • Carport Spaces: 2.00
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Detached Carport, Concrete, Garage, Garage Faces Rear
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Electric Range, Disposal, Gas Cooktop, Gas Water Heater, Microwave, Water Heater
  • Electric: Electricity - On Property
  • Heating Type: Wall Furnace
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Trash Expense: 528.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Golf, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5205.00

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Gross Scheduled Income: 33600.00
  • Insurance Expense: 1200.00
  • Net Operating Income: 30684.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 2916.00
  • Rent Control: No
  • Total Expenses: 10983.00

Tax Info

  • New Taxes Expense: 8925.00
  • Tax Census Tract: 6041.00
  • Tax Lot: 50
  • Tax Tract Number: 6286

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 29, 2024
Sold by
Torres Juan and Mavi Elisa
Bought by
Torres Juan
Current Estimated Value
$994,837

Purchase Details

Closed on
Oct 6, 2017
Sold by
Torres Mavi Elisa
Bought by
Torres Juan and Torres Mavi Elisa

Purchase Details

Closed on
Oct 5, 2017
Sold by
Torres Mavl Elisa
Bought by
Torres Mavi Elisa and Torres Juan

Purchase Details

Listed on
Apr 10, 2017
Closed on
May 22, 2017
Sold by
Hoffman Richard and Hoffman Margaret
Bought by
Torres Mavi Elisa
Seller's Agent
Antonio Araiza
Casa Bella Realty Group
Buyer's Agent
George Kpachavi
Keller Williams Realty-Studio City
List Price
$595,000
Sold Price
$625,000
Premium/Discount to List
$30,000
5.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.76%
Original Mortgage
$424,000
Interest Rate
4.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 14, 2005
Sold by
Dyer Barton Helen and Estate Of Carol A Dyer
Bought by
Hoffman Richard and Hoffman Margaret

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$378,700
Interest Rate
4.89%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 22, 2004
Sold by
Chavez Joe
Bought by
Dyer Barton Helen and Estate Of Carol A Dyer

Purchase Details

Closed on
Jan 5, 2002
Sold by
Dyer Carol A
Bought by
Chavez Joe
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
Torres Juan -- None Listed On Document
Torres Juan -- None Listed On Document
Torres Juan -- None Available
Torres Mavi Elisa -- None Available
Torres Mavi Elisa $625,000 First American Title Company
Torres Mavi Elisa -- First American Title Company
Hoffman Richard $541,000 Old Republic Title
Dyer Barton Helen -- --
Chavez Joe -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Torres Juan $401,000
Previous Owner Torres Mavi Elisa $424,000
Previous Owner Hoffman Richard $391,925
Previous Owner Hoffman Richard $401,887
Previous Owner Hoffman Richard $394,732
Previous Owner Hoffman Richard $378,700
Previous Owner Chavez Joe $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2017 05/28/17 Sold $625,000 +5.0% $405 / Sq Ft
04/18/2017 04/18/17 Pending -- -- --
04/10/2017 04/10/17 For Sale $595,000 -- $385 / 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 $9,412 $819,127 $520,092 $299,035
2024 $9,412 $706,954 $424,731 $282,223
2023 $8,911 $693,093 $416,403 $276,690
2022 $8,916 $679,504 $408,239 $271,265
2021 $8,686 $666,182 $400,235 $265,947
2020 $8,704 $659,353 $396,132 $263,221
2019 $8,367 $646,425 $388,365 $258,060
2018 $8,184 $633,750 $380,750 $253,000
2016 $7,926 $637,016 $519,272 $117,744
2015 $7,718 $627,449 $511,473 $115,976
2014 $7,667 $615,159 $501,454 $113,705
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB17075077

California Regional Multiple Listing Service (CRMLS)

APN: 4074-022-010