NOT LISTED FOR SALE

4300 Martin Luther King jr Blvd Lynwood, CA 90262

Estimated Value: $1,047,000 - $1,648,751

8 Beds
4 Baths
3,120 Sq Ft
$413/Sq Ft Est. Value

Last Sold June 29, 2018

Last sale price $775,000 $248 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $8,430/month

27 Days on Market

Highlights

  • Open Floorplan
  • 4 Car Garage
  • Carpet
  • No HOA

About This Home

As of June 2018

Fully remodeled 2 bedroom/1 bath unit on the first floor. This charming midcentury traditional was completely rehabbed from top to bottom with new flooring and new paint throughout. Accommodating eat-in kitchen includes new cabinets, fixtures, counters and floors. New appliances include new gas stove and dishwasher. Remodeled bathroom was completely upgraded with new fixtures and finishes. The lease includes a one-car enclosed garage/storage. Easy access to the 105 Fwy and 710 Fwy. Single-family residential neighborhood, tree lined streets; minutes from downtown Los Angeles, Long Beach, El Segundo, Hawthorne, Inglewood and the Westside.

Last Agent to Sell the Property

Kym Hooper

Elite Homes Realty License #01318034 Listed on: 05/14/2018

Last Buyer's Agent

Maria Looney

SNW Investments License #01154999

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,920

Year Built

  • Built in 1956

Lot Details

  • 4,379 Sq Ft Lot
  • No Common Walls
  • No Landscaping

Parking

  • 4 Car Garage
  • Parking Available

Home Design

  • Quadruplex
  • Cosmetic Repairs Needed
  • Composition Roof

Interior Spaces

  • 3,120 Sq Ft Home
  • Open Floorplan
  • Carpet

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Listing and Financial Details

  • Tax Tract Number 9288
  • Assessor Parcel Number 6189003028

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,920

Year Built

Built in 1956

Lot Details

0

Parking

4

Listing Details

  • Other Phone Description: 3106287393
  • Other Phone Number: 3106287393
  • Property Attached: No
  • Road Frontage Type: City Street
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Zoning: LYR3YY
  • Property Condition: Repairs Cosmetic
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 6189003028
  • Year Built: 1956
  • Special Features: None

Interior Features

  • Interior Amenities: Open Floorplan
  • Common Walls: No Common Walls
  • Flooring: Carpet
  • Levels: Two
  • Price Per Square Foot: 248.40

Exterior Features

  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: No
  • Sewer: Other
  • Water Source: Other

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: No Landscaping
  • Lot Size Sq Ft: 4379.00

Multi Family

  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Rent Control: No

Tax Info

  • Tax Census Tract: 5401.02
  • Tax Tract Number: 9288

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 28, 2019
Sold by
Yc Capital Inc
Bought by
Betancourt Alvaro G and The Betancourt Family Trust
Current Estimated Value
$1,288,438

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$590,000
Interest Rate
3.7%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
May 14, 2018
Closed on
Jun 8, 2018
Sold by
Harris Ivry Mae and Harris Ivry R
Bought by
Yc Capital Inc
Seller's Agent
Kym Hooper
Elite Homes Realty
Buyer's Agent
Maria Looney
SNW Investments
List Price
$750,000
Sold Price
$775,000
Premium/Discount to List
$25,000
3.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.42%

Purchase Details

Closed on
Oct 16, 2013
Sold by
Harris Ivry Mae
Bought by
Harris Ivry Mae and Ivry Mae Harris Separate Prope

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$274,200
Interest Rate
4.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 12, 2004
Sold by
Harris Ivry R
Bought by
Harris Ivry Mae and Harris Ivry R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$279,600
Interest Rate
4.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 10, 2003
Sold by
Harris Ivry R
Bought by
Harris Ivry Mae and The Ivry Mae Harris Separate P
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
Betancourt Alvaro G $1,120,000 Provident Title Company
Yc Capital Inc $775,000 Lawyers Title Company
Harris Ivry Mae -- Accommodation
Harris Ivry Mae -- Lawyers Title Sd
Harris Ivry Mae -- --
Harris Ivry R -- First American Title
Harris Ivry Mae -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Betancourt Alvaro C $575,000
Previous Owner Betancourt Alvaro G $590,000
Previous Owner Harris Ivry Mae $274,200
Previous Owner Harris Ivry Mae $296,000
Previous Owner Harris Ivry R $279,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/01/2024 10/01/24 For Rent $2,100 0.0% --
06/29/2018 06/29/18 Sold $775,000 +3.3% $248 / Sq Ft
06/05/2018 06/05/18 For Sale $750,000 -3.2% $240 / Sq Ft
05/28/2018 05/28/18 Off Market $775,000 -- --
05/07/2018 05/07/18 For Sale $750,000 -- $240 / 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 $16,920 $1,224,877 $262,472 $962,405
2024 $16,920 $1,200,861 $257,326 $943,535
2023 $16,795 $1,177,316 $252,281 $925,035
2022 $16,181 $1,154,233 $247,335 $906,898
2021 $15,573 $1,131,602 $242,486 $889,116
2020 $14,916 $1,120,000 $240,000 $880,000
2019 $11,781 $790,500 $229,500 $561,000
2018 $5,765 $376,509 $129,829 $246,680
2016 $5,365 $361,891 $124,789 $237,102
2015 $5,259 $356,456 $122,915 $233,541
2014 $5,157 $349,475 $120,508 $228,967
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC18114240

California Regional Multiple Listing Service (CRMLS)

APN: 6189-003-028