NOT LISTED FOR SALE

4236 W 161st St Lawndale, CA 90260

Estimated Value: $1,015,000 - $1,236,000

5 Beds
3 Baths
2,060 Sq Ft
$541/Sq Ft Est. Value

Last Sold June 16, 2017

Last sale price $705,000 $342 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $6,987/month

About This Home

As of June 2017

TWO LARGE SEPARATE UNITS IN A LARGE LOT 5,608 SFT. 3 beds/2 baths & front units 2 bed, 1 bath. Cash flow. Long terms Good Tenants, Month to Month. Garage/Parking , The Best in south Lawndale in South Bay neighborhood. Well Improvement and maintained.

Last Agent to Sell the Property

Amir Salehi

Keller Williams South Bay License #01441164 Listed on: 05/08/2017

Keller Williams South Bay

Last Buyer's Agent

Ed Kaminsky

eXp Realty of California, Inc License #00958114

eXp Realty of California, Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,616

Year Built

  • Built in 1952

Lot Details

  • 5,608 Sq Ft Lot
  • No Common Walls
  • Density is 11-15 Units/Acre

Parking

  • 2 Car Garage

Home Design

  • 2,060 Sq Ft Home

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 9340
  • Tax Tract Number 2060
  • Assessor Parcel Number 4074007004

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $560
  • Trash Expense $240
  • Water Sewer Expense $1,800
  • New Taxes Expense $4,200
  • Operating Expense $6,800
  • Gross Income $42,000
  • Net Operating Income $35,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,616

Year Built

Built in 1952

Lot Details

0

Parking

2

Listing Details

  • CapRate: 5.50
  • Property Attached: No
  • Water Sewer Expenses: 1800.00
  • Zoning: LNR2YY
  • Property Type: Residential Income
  • Parcel Number: 4074007004
  • Year Built: 1952
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 342.23

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Sewer: Public Sewer
  • Trash Expense: 240.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 11-15 Units/Acre
  • Lot Size Sq Ft: 5608.00

Multi Family

  • Gross Income: 42000.00
  • Gross Operating Income: 42000.00
  • Gross Scheduled Income: 43260.00
  • Insurance Expense: 560.00
  • Net Operating Income: 35200.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 6800.00
  • Rent Control: No
  • Total Actual Rent: 42000.00
  • Total Expenses: 6800.00

Tax Info

  • New Taxes Expense: 4200.00
  • Tax Census Tract: 6041.00
  • Tax Lot: 9340
  • Tax Tract Number: 2060

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2017
Closed on
May 15, 2017
Sold by
Salehi Amir and The New Point Living Trust
Bought by
Kungvanwong Justin
Seller's Agent
Amir Salehi
Keller Williams South Bay
Buyer's Agent
Ed Kaminsky
eXp Realty of California, Inc
List Price
$699,000
Sold Price
$705,000
Premium/Discount to List
$6,000
0.86%
Current Estimated Value
$1,114,476

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$409,476
Avg. Annual Appreciation
5.78%
Original Mortgage
$636,150
Interest Rate
4.02%
Mortgage Type
VA

Purchase Details

Closed on
Mar 31, 2016
Sold by
Salehi Hamed
Bought by
Salehi Amir and The New Point Living Trust

Purchase Details

Closed on
Dec 4, 2012
Sold by
Dlaram Trade Llc
Bought by
Salehi Hamed

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,000
Interest Rate
3.31%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 27, 2012
Sold by
Salehi Hamed
Bought by
Diaram Trade Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
3.94%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 22, 2011
Sold by
Caceres Augusto
Bought by
Salehi Hamed

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,515
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 26, 2004
Sold by
Ojeda Patricia
Bought by
Caceres Augusto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$439,200
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 18, 2004
Sold by
Gomez Alejandro and Gomez Celine
Bought by
Caceres Augusto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$439,200
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 1, 2003
Sold by
Holubets Gregory T and Holubets Kris M
Bought by
Gomez Alejandro and Gomez Celine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$373,500
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 4, 2003
Sold by
Roder Robert C
Bought by
Holubets Gregory T and Holubets Kris M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
6.99%
Source: Public Records

Range of Values:

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Average Value
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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
Kungvanwong Justin $705,000 Title 365
Salehi Amir -- Accommodation
Salehi Hamed -- None Available
Diaram Trade Llc -- None Available
Salehi Hamed $335,000 Stewart Title
Caceres Augusto -- Southland Title
Caceres Augusto $549,000 Southland Title
Gomez Alejandro $415,000 Lawyers Title
Holubets Gregory T $325,000 Landamerica Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kungvanwong Justin $615,400
Closed Kungvanwong Justin $636,150
Previous Owner Salehi Hamed $310,000
Previous Owner Dlaram Trade Llc $100,000
Previous Owner Salehi Hamed $304,515
Previous Owner Caceres Augusto $560,000
Previous Owner Caceres Augusto $70,000
Previous Owner Caceres Augusto $439,200
Previous Owner Gomez Alejandro $373,500
Previous Owner Holubets Gregory T $260,000
Previous Owner Roder Robert C $98,626
Closed Holubets Gregory T $32,500
Closed Caceres Augusto $109,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2017 06/16/17 Sold $705,000 +0.9% $342 / Sq Ft
05/08/2017 05/08/17 Pending -- -- --
05/08/2017 05/08/17 For Sale $699,000 -- $339 / 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 $10,616 $818,208 $353,976 $464,232
2024 $10,616 $802,166 $347,036 $455,130
2023 $10,048 $786,438 $340,232 $446,206
2022 $10,054 $771,018 $333,561 $437,457
2021 $9,707 $755,901 $327,021 $428,880
2020 $9,726 $748,491 $323,668 $424,823
2019 $9,363 $733,822 $317,322 $416,500
2018 $9,248 $719,440 $311,100 $408,340
2016 $4,827 $364,081 $208,047 $156,034
2015 $4,706 $358,613 $204,922 $153,691
2014 $4,682 $351,589 $200,908 $150,681
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB17100682

California Regional Multiple Listing Service (CRMLS)

APN: 4074-007-004