NOT LISTED FOR SALE

4217 W 166th St Lawndale, CA 90260

Estimated Value: $902,345 - $1,134,000

2 Beds
1 Bath
1,636 Sq Ft
$610/Sq Ft Est. Value

Last Sold June 04, 2021

Last sale price $815,000 $498 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $6,223/month

63 Days on Market

About This Home

As of June 2021

4217 West 166th Street is a duplex located just a few blocks west of the Alondra Golf Course in Lawndale, California. The property is a 1952 construction with two two-bedroom/one-bath units, a shared laundry room, a backyard and patio area, one single-car garage, and two additional on-site parking spaces. The units are separately metered for gas and electricity.

4217 West 166th Street is a great opportunity for an investor to acquire an asset in the desirable inland South Bay market, where rental demand is solid and vacancy rates are steadily low, and capture 20 percent rental upside.

Last Agent to Sell the Property

Steve Bogoyevac

Steven M. Bogoyevac, Broker License #01332755 Listed on: 03/12/2021

Co-Listed By

David O'Keefe

Marcus & Millichap License #01928739

Last Buyer's Agent

Yesenia Castaneda

Ambiance Realty License #02089010

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,327

Year Built

  • Built in 1952

Lot Details

  • 5,260 Sq Ft Lot
  • No Common Walls
  • Rectangular Lot

Parking

  • 2 Open Parking Spaces
  • 1 Car Garage

Home Design

  • 1,636 Sq Ft Home

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Additional Features

  • Laundry Room
  • Suburban Location

Listing and Financial Details

  • Tax Lot 436
  • Tax Tract Number 6286
  • Assessor Parcel Number 4075008026

Community Details

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • Operating Expense $14,757
  • Gross Income $43,800
  • Net Operating Income $27,729

Additional Features

  • 2 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,327

Year Built

Built in 1952

Lot Details

0

Parking

1

Listing Details

  • Property Attached: No
  • Zoning: LNR2YY
  • Property Type: Residential Income
  • Parcel Number: 4075008026
  • Year Built: 1952
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 498.17

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 3.00
  • Uncovered Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Rectangular Lot
  • Lot Size Sq Ft: 5260.00
  • Lot Size Acres: 0.1208

Multi Family

  • Gross Income: 43800.00
  • Gross Scheduled Income: 43800.00
  • Lot Size Area: 5260.0000 Square Feet
  • Net Operating Income: 27729.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 14757.00
  • Rent Control: Yes
  • Total Expenses: 14757.00

Tax Info

  • Tax Census Tract: 6041.00
  • Tax Lot: 436
  • Tax Tract Number: 6286

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2021
Closed on
Jun 1, 2021
Sold by
Copeland Larry D
Bought by
Barrera Raul Vargas and Vargas Maria G
Seller's Agent
Steve Bogoyevac
Steven M. Bogoyevac, Broker
Buyer's Agent
Yesenia Castaneda
Ambiance Realty
List Price
$779,000
Sold Price
$815,000
Premium/Discount to List
$36,000
4.62%
Current Estimated Value
$998,586

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$183,586
Avg. Annual Appreciation
4.75%
Original Mortgage
$800,238
Outstanding Balance
$724,516
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$274,070

Purchase Details

Closed on
Jan 22, 2019
Sold by
Finkle Hugh R and Finkle Lisa L
Bought by
Copeland Larry D

Purchase Details

Closed on
Sep 20, 2013
Sold by
Finkle Hugh R
Bought by
Finkle Hugh R and Finkle Lisa I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$329,000
Interest Rate
4.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 27, 2002
Sold by
Hartono Lisa
Bought by
Finkle Hugh R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,500
Interest Rate
6.84%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Feb 26, 2002
Sold by
Copeland Larry D
Bought by
Finkle Hugh R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,500
Interest Rate
6.84%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
May 3, 1994
Sold by
Emc Mtg Corp
Bought by
Copeland Larry D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,100
Interest Rate
8.53%

Purchase Details

Closed on
Dec 1, 1993
Sold by
Great Western Bank
Bought by
Emc Mtg Corp
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
Barrera Raul Vargas $815,000 Ticor Title
Copeland Larry D $350,000 None Available
Finkle Hugh R -- Pacific Coast Title Company
Finkle Hugh R -- Old Republic Title
Finkle Hugh R $278,000 Old Republic Title
Copeland Larry D $110,500 Fidelity National Title
Emc Mtg Corp $129,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barrera Raul Vargas $800,238
Previous Owner Finkle Hugh R $329,000
Previous Owner Finkle Hugh R $212,500
Previous Owner Copeland Larry D $99,100
Closed Finkle Hugh R $30,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/04/2021 06/04/21 Sold $815,000 +4.6% $498 / Sq Ft
05/14/2021 05/14/21 Pending -- -- --
03/12/2021 03/12/21 For Sale $779,000 -- $476 / 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 $11,327 $882,179 $622,397 $259,782
2024 $11,327 $864,883 $610,194 $254,689
2023 $10,715 $847,926 $598,230 $249,696
2022 $10,722 $831,300 $586,500 $244,800
2021 $7,941 $604,942 $401,921 $203,021
2020 $7,957 $598,740 $397,800 $200,940
2019 $5,069 $368,144 $117,855 $250,289
2018 $4,943 $360,927 $115,545 $245,382
2016 $4,596 $346,913 $111,059 $235,854
2015 $4,480 $341,703 $109,391 $232,312
2014 $4,457 $335,011 $107,249 $227,762
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW21052321

California Regional Multiple Listing Service (CRMLS)

APN: 4075-008-026