NOT LISTED FOR SALE

4204 W 159th St Lawndale, CA 90260

Estimated Value: $1,133,000 - $1,312,000

8 Beds
5 Baths
2,750 Sq Ft
$447/Sq Ft Est. Value

Last Sold July 09, 2015

Last sale price $650,000 $236 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $7,672/month

40 Days on Market

About This Home

As of July 2015

SINGLE LEVEL 5 BEDROOM 3 BATH HOME IN FRONT. 2 BATHROOMS AND KITCHEN HAVE BEEN UPDATED. GOOD FLOOR PLAN FOR A 5 BEDROOM 1650 SF HOME WITH A MASTER BEDROOM, GOOD SIZED LIVING ROOM, KITCHEN, DINING ROOM AND LAUNDRY ROOM.
THE REAR UNIT WAS BUILT IN 1991 AND HAS 3 BEDROOMS 2 BATHS AND 1100 SF AND COMES WITH A 100 SF LAUNDRY ROOM/STORAGE, NOT PART OF THE SF. THIS BACK BPROPERTY NEEDS WORK, THE OWNER WILL HAVE IT FIXED AS SOON AS THE TENANT MOVES OUT. THERE IS A LARGE TWO CAR GARAGE PLUS A ONE CAR GARAGE WHICH BACKS UP TO THE ALLEY. THERE IS EXTRA PARKING AND RV PARKING IN THE DRIVEWAY. THERE IS ALSO A 250 SF TOOL ROOM WITH 220. COPPER PLUMBING. ROOF IS UNDER 5 YEARS NEW. GREAT UPSIDE TO INCREASE RENTS OR TO LIVE IN ONE AND RENT THE OTHER.

Last Agent to Sell the Property

Christine Ballesteros

Estate Properties License #01280270 Listed on: 06/30/2015

Estate Properties

Co-Listed By

jim harrison

Estate Properties License #00813378

Last Buyer's Agent

Blossom Chen

eXp Realty of California Inc License #00558355

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,098

Year Built

  • Built in 1950

Lot Details

  • 5,604 Sq Ft Lot
  • Property fronts an alley
  • No Common Walls

Parking

  • 3 Car Garage

Home Design

  • 2,750 Sq Ft Home

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 5 Bathrooms

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 133
  • Tax Tract Number 7422
  • Assessor Parcel Number 4074005017

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $600
  • Gardener Expense $840
  • Insurance Expense $1,200
  • Maintenance Expense $2,000
  • Trash Expense $600
  • Water Sewer Expense $1,200
  • New Taxes Expense $8,000
  • Net Operating Income $25,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,098

Year Built

Built in 1950

Lot Details

0

Parking

3

Listing Details

  • CapRate: 3.70
  • Property Attached: No
  • Road Frontage Type: Alley
  • Water Sewer Expenses: 1200.00
  • Property Type: Residential Income
  • Gardener Expense: 840.00
  • Parcel Number: 4074005017
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: Two
  • Price Per Square Foot: 236.36

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 5.00

Utilities

  • Utilities: Sewer Available, Water Available
  • Trash Expense: 600.00

Condo/Co-op/Association

  • Community Features: Sidewalks

Lot Info

  • Lot Size Sq Ft: 5604.00
  • Price Per Lot Square Foot: 115.99
  • Lot Size Acres: 0.1290

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Electric Expense: 600.00
  • Gross Multiplier: 17.20
  • Gross Scheduled Income: 40200.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 5604.0000 Square Feet
  • Maintenance Expense: 2000.00
  • Net Operating Income: 25800.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 14400.00
  • Rent Control: No
  • Total Actual Rent: 3350.00

Tax Info

  • New Taxes Expense: 8000.00
  • Tax Lot: 133
  • Tax Tract Number: 7422

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2015
Closed on
May 20, 2015
Sold by
Lechner Jay Patrick
Bought by
Chen Chao Yung and Wu Wan Ching
Seller's Agent
Christine Ballesteros
Estate Properties
Buyer's Agent
Blossom Chen
eXp Realty of California Inc
List Price
$695,000
Sold Price
$650,000
Premium/Discount to List
-$45,000
-6.47%
Current Estimated Value
$1,247,337

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$597,337
Avg. Annual Appreciation
6.52%
Original Mortgage
$627,250
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 24, 2003
Sold by
Lechner Jay Patrick
Bought by
Lechner Jay Patrick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,000
Interest Rate
5.97%

Purchase Details

Closed on
Jun 28, 1996
Sold by
Lechner Bonnie Mary
Bought by
Lechner Jay Patrick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,250
Interest Rate
5.5%

Purchase Details

Closed on
May 30, 1996
Sold by
Dickie Rosalyn M and The Rosalyn M Dickie Family Tr
Bought by
Lechner Jay Patrick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,250
Interest Rate
5.5%

Purchase Details

Closed on
Mar 28, 1996
Sold by
Johnson Swen E and Dickie Rosalyn M
Bought by
Dickie Rosalyn M and Rudolph Ruth
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
Chen Chao Yung $650,000 Ticor Title Co
Lechner Jay Patrick -- Southland Title Corporation
Lechner Jay Patrick -- First American Title Co
Lechner Jay Patrick $77,500 First American Title Co
Lechner Jay Patrick $77,500 First American Title Co
Dickie Rosalyn M $65,315 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Chao Yung $595,610
Closed Chen Chao Yung $591,000
Closed Chen Chao Yung $195,800
Closed Chen Chao Yung $622,000
Closed Chen Chao Yung $624,000
Previous Owner Chen Chao Yung $627,250
Previous Owner Lechner Jay Patrick $135,000
Previous Owner Lechner Jay Patrick $159,000
Previous Owner Lechner Jay Patrick $15,000
Previous Owner Lechner Jay Patrick $161,000
Previous Owner Lechner Jay Patrick $10,000
Previous Owner Lechner Jay Patrick $147,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/09/2015 07/09/15 Sold $650,000 -6.5% $236 / Sq Ft
05/12/2015 05/12/15 Pending -- -- --
04/02/2015 04/02/15 For Sale $695,000 -- $253 / 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 $10,098 $769,459 $331,459 $438,000
2024 $10,098 $754,372 $324,960 $429,412
2023 $9,563 $739,582 $318,589 $420,993
2022 $9,568 $725,082 $312,343 $412,739
2021 $9,314 $710,866 $306,219 $404,647
2019 $8,972 $689,784 $297,138 $392,646
2018 $8,777 $676,260 $291,312 $384,948
2016 $8,144 $650,000 $280,000 $370,000
2015 $3,076 $212,541 $138,219 $74,322
2014 -- $208,379 $135,512 $72,867
Source: Public Records

Agents Affiliated with this Home

  • Christine Ballesteros

    Seller's Agent in 2015

    Christine Ballesteros

    RE/MAX

    (310) 766-6069

    5 in this area

    47 Total Sales

    Section Image

  • j

    Seller Co-Listing Agent in 2015

    jim harrison

    RE/MAX

    (310) 316-8464

    5 in this area

    45 Total Sales

    Section Image

  • B

    Buyer's Agent in 2015

    Blossom Chen

    eXp Realty of California Inc

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB15069057

California Regional Multiple Listing Service (CRMLS)

APN: 4074-005-017

California Los Angeles County Lawndale 90260

4204 W 159th St, Lawndale, CA

This home is located at 4204 W 159th St, Lawndale, CA 90260 since 30 June 2015 and is currently estimated at $1,229,604, approximately $447 per square foot. This property was built in 1950. 4204 W 159th St is a home located in Los Angeles County with nearby schools including William Anderson Elementary School, Will Rogers Middle School, and Leuzinger High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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