NOT LISTED FOR SALE

4144 W 161st St Lawndale, CA 90260

Estimated Value: $1,129,000 - $1,421,000

6 Beds
5 Baths
2,985 Sq Ft
$425/Sq Ft Est. Value

Last Sold April 11, 2017

Last sale price $790,000 $265 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $7,897/month

9 Days on Market

About This Home

As of April 2017

INVESTORS DREAM. TWO UNITS ON A SINGLE LOT. 6 BEDROOMS, 4.5 BATHS, TOTALLING 2,985 SQFT. LOCATED IN A NICE AND FRIENDLY NEIGHBORHOOD IN LAWNDALE. EASY ACCESS TO 405 FRWY. A FEW BLOCKS FROM MANHATTAN BEACH. FULLY OCCUPIED AT BELOW MARKET RENTS. SEPARATE GAS/WATER/ELECTRIC METERS. TENANTS PAY ALL UTILITIES.

FRONT UNIT: SINGLE STORY WITH 3 BEDS/ 2 BATHS. WITH GRANITE COUNTER TOPS, LAMINATED WOOD IN LIVING ROOM , WALL-TO-WALL CARPET IN ALL BEDROOMS. FRONT IRON GATE. DRIVEWAY PARKING. CURRENT RENT $1580 .

REAR UNIT: NEWER TWO STORIES UNIT, 3 BEDS & 2.5 BATHS WITH 2 CARS GARAGE.ENCLOSED PATIO CONVERT TO 4TH BED ROOM WITHOUT PERMIT , CATHEDRAL CEILING. FORMAL DINING ROOM. NEW GRANITE COUNTER TOPS, CERAMIC FLOOR IN KITCHEN, NEW LAMINATED WOOD FLOOR IN LIVING ROOM WITH FIREPLACE. OAK WOOD STAIRCASE. NEW WALL-TO-WALL CARPET ON SECOND FLOOR. BALCONY IN MASTER
BEDROOM. RECESSED LIGHTING AND SKYLIGHTS. CURRENT RENT $2,150.
BUYER TO VERIFY ALL INFORMATION. DRIVE BY ONLY. PLEASE DO NOT DISTURB TENANTS. PROPERTY FOR SALE AS-IS. Subject to inspection

OPEN HOUSE SATURDAY MARCH 4, 2017, FROM 1:30PM-3:00PM. NO BLIND OFFERS. SELLERS WILL ONLY CONSIDER OFFERS OF THOSE WHO COME THE OPEN HOUSE. SELLER WILL CHOOSE AN OFFER AFTER THE OPEN HOUSE.

Last Agent to Sell the Property

Anna Nguyen

HPT Realty License #01270638 Listed on: 02/19/2017

HPT Realty

Last Buyer's Agent

Sonny Nguyen

HPT Realty License #01707050

HPT Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,803

Year Built

  • Built in 1951

Lot Details

  • 5,739 Sq Ft Lot
  • No Common Walls
  • No Landscaping

Parking

  • 2 Open Parking Spaces
  • 2 Car Garage

Home Design

  • Duplex
  • Split Level Home

Interior Spaces

  • 2,985 Sq Ft Home
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Bathrooms

Utilities

  • Central Heating
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 371
  • Tax Tract Number 7422
  • Assessor Parcel Number 4074011008

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Gross Income $44,160
  • Net Operating Income $44,160

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,803

Year Built

Built in 1951

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Other Phone Description: 949-910-7352
  • Other Phone Number: 949-910-7352
  • Property Attached: No
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 4074011008
  • Year Built: 1951
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Common Walls: No Common Walls
  • Fireplace Features: Living Room
  • Levels: Multi/Split
  • Price Per Square Foot: 264.66

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Heating: Yes
  • Heating Type: Central, Wall Furnace
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: No Landscaping
  • Lot Size Sq Ft: 5739.00

Multi Family

  • Gross Income: 44160.00
  • Gross Scheduled Income: 44160.00
  • Net Operating Income: 44160.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • Tax Lot: 371
  • Tax Tract Number: 7422

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 19, 2017
Closed on
Mar 30, 2017
Sold by
Chan Quang Tu and Luu Hoa Huoi
Bought by
Vu Son and Ngo Tien Thi Bich
Seller's Agent
Anna Nguyen
HPT Realty
Buyer's Agent
Sonny Nguyen
HPT Realty
List Price
$785,000
Sold Price
$790,000
Premium/Discount to List
$5,000
0.64%
Current Estimated Value
$1,268,794

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$478,794
Avg. Annual Appreciation
5.78%
Original Mortgage
$470,000
Outstanding Balance
$388,372
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$877,239

Purchase Details

Closed on
Jul 17, 2001
Sold by
Nguyen Anh Ngoc and Duong Trang Thu
Bought by
Chau Quang Tu and Luu Hoa Huoi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
7.05%
Source: Public Records

Range of Values:

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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
Vu Son $790,000 Lawyers Title
Vu Son -- Lawyers Title
Chau Quang Tu $322,000 Southland Title Corporation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vu Son $212,000
Open Vu Son $470,000
Previous Owner Chau Quang Tu $335,300
Previous Owner Chau Quang Tu $390,000
Previous Owner Chau Quang Tu $252,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/11/2017 04/11/17 Sold $790,000 +0.6% $265 / Sq Ft
02/19/2017 02/19/17 For Sale $785,000 -- $263 / 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 $11,803 $916,856 $406,201 $510,655
2024 $11,803 $898,880 $398,237 $500,643
2023 $11,169 $881,256 $390,429 $490,827
2022 $11,174 $863,977 $382,774 $481,203
2021 $10,874 $847,037 $375,269 $471,768
2020 $10,979 $838,353 $371,422 $466,931
2019 $10,552 $821,916 $364,140 $457,776
2018 $10,341 $805,800 $357,000 $448,800
2016 $5,308 $401,826 $124,789 $277,037
2015 $5,174 $395,791 $122,915 $272,876
2014 $5,147 $388,039 $120,508 $267,531
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW17034496

California Regional Multiple Listing Service (CRMLS)

APN: 4074-011-008