NOT LISTED FOR SALE

4208 Manhattan Beach Blvd Lawndale, CA 90260

Estimated Value: $732,000

0.11 Acre
$6,654,545 Price per Acre
4,806 Sq Ft Lot

Last Sold August 20, 2018

Last sale price $480,000 $573 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $4,720/month

67 Days on Market

Highlights

  • No HOA
  • Level Lot
  • 2-minute walk to Rogers-Anderson Park

About This Lot

As of August 2018

TOTAL PRICE FOR 2 PROPERTIES (4208 & 4216) IS $1,499,950 for BOTH PROPERTIES. This is 2 bd, 1 bath home & MUST BE SOLD WITH 4216 NEXT DOOR & is a GREAT R-3 (LNR3YY) zoning DEVELOPMENT opportunity. 4208 & 4216 Manhattan Beach Blvd. together (3 LOTS) total 14,418 sq ft per Assessor. Both properties combined can be developed (up to 10 units) PER City of Lawndale. Great street frontage on Manhattan Beach Blvd, with full alley access. Dimensions of both properties which total 3 Lots combined are approx 120 ft X 120 ft. Buyers to investigate & research development possibilities independently with the City of Lawndale before writing an offer. Land Value but rental potential from Tenant is currently $1700/mo. & Potential rent at 4216 is up to $3000/mo. giving a TOTAL INCOME of approx. $4700/mo. while getting ready for DEVELOPMENT.
Lots 17 & 18 & 19 of Tract 7422

Convenient Lawndale location--only 4 miles to Beaches & Manhattan Beach Pier. Close proximity to Silicon Beach, El Segundo, future LA Rams Stadium & 405 Frwy.

Last Agent to Sell the Property

Damira Bacic

Damira Bacic License #00915205 Listed on: 04/05/2018

Last Buyer's Agent

Damira Bacic

Damira Bacic License #00915205 Listed on: 04/05/2018

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,543

Lot Details

  • 4,806 Sq Ft Lot
  • Level Lot
  • 17,18,19 of tract 7422
  • Property is zoned LNR3YY

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4074004016

Property Details

Property Type

Land

Est. Annual Taxes

$6,543

Lot Details

0

Listing Details

  • Ad Number: Damira
  • Other Phone Number: 3103461810
  • View: No
  • Zoning: LNR3YY
  • Property Type: Land
  • Parcel Number: 4074004016
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 99.88

Utilities

  • Utilities: Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Additional Parcels Description: 17,18,19 of tract 7422
  • Land Lease: No
  • Lot Features: Level with Street, Level
  • Lot Size Sq Ft: 4806.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2018
Closed on
Jul 17, 2018
Sold by
Ruiz Salvador S
Bought by
Bayport Holdings Llc
Seller's Agent
Damira Bacic
Damira Bacic
Buyer's Agent
Damira Bacic
Damira Bacic
List Price
$1,499,950
Sold Price
$480,000
Premium/Discount to List
-$1,019,950
-68%
Current Estimated Value
$732,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$252,000

Purchase Details

Closed on
Jan 25, 2007
Sold by
Lobato Christine F and Phillip Harrison Estate
Bought by
Ruiz Salvador S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,425
Interest Rate
6.21%
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 Buyer Sale Price Title Company
Bayport Holdings Llc $480,000 Fidelity National Title
Ruiz Salvador S $430,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ruiz Salvador S $298,450
Previous Owner Ruiz Salvador S $322,425
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/20/2018 08/20/18 Sold $480,000 -68.0% $573 / Sq Ft
06/11/2018 06/11/18 Pending -- -- --
04/05/2018 04/05/18 For Sale $1,499,950 -- $1,792 / 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
2021 $6,543 $494,671 $395,737 $98,934
2020 $6,556 $489,600 $391,680 $97,920
2019 $6,222 $480,000 $384,000 $96,000
2018 $6,287 $487,300 $420,400 $66,900
2016 $4,876 $384,000 $354,000 $30,000
2015 $4,588 $364,000 $335,600 $28,400
2014 $3,746 $286,000 $263,700 $22,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB18075840

California Regional Multiple Listing Service (CRMLS)

APN: 4074-004-016