NOT LISTED FOR SALE

4061 W 159th St Lawndale, CA 90260

Estimated Value: $1,056,000 - $1,450,000

6 Beds
5 Baths
3,002 Sq Ft
$414/Sq Ft Est. Value

Last Sold December 05, 2013

Last sale price $615,000 $205 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $7,972/month

4 Days on Market

Highlights

  • Corner Lot
  • Central Heating
  • 3-minute walk to Rogers-Anderson Park
  • Laundry Room
  • South Facing Home

About This Home

As of December 2013

Great opportunity to own in Lawndale. Nicely maintained, there are 2 separate buildings. Front house situated on 15818 Osage Street and the back larger house situated on 4061 159th sharing the lot. Larger back house is a four bed, 3 bath, almost 2000 square feet and built in 1990. Original kitchen and bathrooms, but clean and well maintained. Inside has new carpet, paint and blinds. Cathedral ceilings, skylights and copper plumbing. The balcony has a BBQ outlet for your own gas BBQ, and a three car garage. It also has a fireplace upstairs and one downstairs.
Front house on 159th is a two bed two bath, almost a 1000 square feet.
New fence around the homes for a dog.
Enjoy this south facing corner lot with tons of sunlight, surrounded by Brazilian pepper trees lining the property. There is plenty of parking for 5 cars ! Don't miss you chance to own this great duplex ! Close to Alondra Golf Course, El Camino College.

Last Agent to Sell the Property

Devra Zandell

Estate Properties License #01418217 Listed on: 11/13/2013

Estate Properties

Last Buyer's Agent

Suzuyo Nakamura

Person Realty Inc. License #01254501

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,808

Year Built

  • Built in 1926

Lot Details

  • 5,165 Sq Ft Lot
  • No Common Walls
  • South Facing Home
  • Corner Lot

Parking

  • 3 Car Garage

Interior Spaces

  • 3,002 Sq Ft Home
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Bathrooms

Utilities

  • Central Heating
  • Septic Type Unknown

Listing and Financial Details

  • Tenant pays for electricity, gas, water
  • Tax Lot 73
  • Tax Tract Number 7422
  • Assessor Parcel Number 4074026034

Community Details

Overview

  • 2 Buildings
  • 2 Units

Amenities

  • Laundry Facilities

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Electric Expense $1,410
  • Insurance Expense $1,643
  • Trash Expense $93
  • New Taxes Expense $4,075
  • Gross Income $3,200
  • Net Operating Income $30,297

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,808

Year Built

Built in 1926

Lot Details

0

Parking

3

Listing Details

  • Assessments: No
  • Property Attached: No
  • Property Type: Residential Income
  • Parcel Number: 4074026034
  • Year Built: 1926
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Common Walls: No Common Walls
  • Fireplace Features: Family Room, Living Room
  • Price Per Square Foot: 204.86

Exterior Features

  • Direction Faces: South
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Common Area
  • Sewer: Unknown
  • Trash Expense: 93.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs

Lot Info

  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 5165.00
  • Lot Size Acres: 0.1190

Rental Info

  • Tenant Pays: Electricity, Gas, Water

Multi Family

  • Electric Expense: 1410.00
  • Gross Income: 3200.00
  • Gross Scheduled Income: 38400.00
  • Insurance Expense: 1643.00
  • Lot Size Area: 5165.0000 Square Feet
  • Net Operating Income: 30297.00
  • 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: 8103.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 4075.00
  • Tax Lot: 73
  • Tax Tract Number: 7422

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 17, 2022
Sold by
Lu Family Trust
Bought by
Lu Khai Hon and Lu Jong Moon
Current Estimated Value
$1,276,294

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Outstanding Balance
$658,024
Interest Rate
4.16%
Mortgage Type
Balloon
Estimated Equity
$584,575

Purchase Details

Closed on
Jun 15, 2020
Sold by
Lu John Chuong and Lu Kathy Khuu
Bought by
Lu John Chuong and Lu Kathy Khuu

Purchase Details

Listed on
Nov 13, 2013
Closed on
Nov 20, 2013
Sold by
Bapties James E and Bapties Judy M
Bought by
Lu John Chuong and Lu Kathy Khuu
Seller's Agent
Devra Zandell
Estate Properties
Buyer's Agent
Suzuyo Nakamura
Person Realty Inc.
List Price
$599,000
Sold Price
$615,000
Premium/Discount to List
$16,000
2.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.20%

Purchase Details

Closed on
Oct 5, 2012
Sold by
Bapties James E and Bapties Judy Marie
Bought by
Bapties James E and Bapties Judy M
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 Buyer Sale Price Title Company
Lu Khai Hon -- Rosenberg Lpa Llc
Lu John Chuong -- None Available
Lu John Chuong $615,000 Orange Coast Title
Bapties James E -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lu Khai Hon $700,000
Previous Owner Bapties James E $153,206
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/05/2013 12/05/13 Sold $615,000 +2.7% $205 / Sq Ft
11/17/2013 11/17/13 Pending -- -- --
11/13/2013 11/13/13 For Sale $599,000 -- $200 / 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 $11,808 $912,853 $479,822 $433,031
2024 $11,808 $894,955 $470,414 $424,541
2023 $11,174 $877,408 $461,191 $416,217
2022 $9,841 $755,555 $421,449 $334,106
2021 $9,659 $740,741 $413,186 $327,555
2020 $9,149 $689,346 $392,311 $297,035
2019 $8,796 $675,830 $384,619 $291,211
2018 $8,625 $662,579 $377,078 $285,501
2016 $7,999 $636,852 $362,437 $274,415
2015 $7,791 $627,287 $356,993 $270,294
2014 $7,740 $615,000 $350,000 $265,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB13231385

California Regional Multiple Listing Service (CRMLS)

APN: 4074-026-034