$1,400,000
SOLD JUL 19, 2019

4428 W 154th St Lawndale, CA 90260

10 Beds
7 Baths
4,587 Sq Ft
9,072 Sq Ft Lot

Recently Sold

$305 Per Sq Ft

11 Days on Market

Highlights

  • Art Studio
  • Contemporary Architecture
  • Great Room
  • Primary Bedroom Suite
  • Main Floor Bedroom
  • Granite Countertops

About This Home

As of July 2019

"Welcome to Sherri Lane Triplex" 4428 W 154th St - Front detached home totally rebuilt from ground up around 2010. Beautiful brick front porch, white picket fence and landscaped w/white beautiful roses. 4 bed 3 bath home - vaulted ceilings, hardwood floors, carpeting, fireplace, wainscoting and ceiling fan. Kitchen w/granite counter-tops, stone floors, stainless steel appliances and white shaker cabinetry. Bathroom w/stone floors and granite counter-tops. Tubs and showers have glass enclosures. Huge master suite w/walk-in closet, remodeled bath and huge balcony. Oversize two car garage w/loads storage space, laundry hook-ups and cabinets. Garage has room for workshop, home gym or artist's studio w/garage door opener and additional carport.

4430 154th St - Spacious town home style - 3 bedroom 2 bath, office/den and balcony. Hardwood floor and carpeting. Stainless steel appliances and laundry room. Two car garage w/garage door opener, loads of storage and additional parking.

4432 154th St - Spacious town home style - 3 bedroom 2 bath, office/den carpeting and balcony. Beautiful landscaped secluded yard. Two car garage w/garage door opener, loads of storage and additional parking.

Very close to shopping and freeways.
NO RENT CONTROL!! GREAT INVESTMENT!! FANTASTIC LOCATION!!

Last Agent to Sell the Property

Pat DeWees

Real Estate West, Inc. License #00667139 Listed on: 06/03/2019

Last Buyer's Agent

ZHUO PENG

Harvest Realty South Bay License #01905981

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $19,464

Year Built

  • Built in 1950

Lot Details

  • 9,072 Sq Ft Lot
  • 1 Common Wall
  • Landscaped
  • Rectangular Lot
  • Front and Back Yard Sprinklers
  • Back and Front Yard

Parking

  • 6 Car Direct Access Garage
  • 3 Open Parking Spaces
  • 1 Carport Space
  • Parking Available
  • Side Facing Garage
  • Single Garage Door
  • Driveway

Home Design

  • Triplex
  • Contemporary Architecture
  • Stucco

Interior Spaces

  • 4,587 Sq Ft Home
  • Wainscoting
  • Beamed Ceilings
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Great Room
  • Living Room with Fireplace
  • Art Studio
  • Storage
  • Granite Countertops

Bedrooms and Bathrooms

  • 10 Bedrooms
  • Main Floor Bedroom
  • Primary Bedroom Suite
  • 7 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Outdoor Features

  • Balcony
  • Separate Outdoor Workshop

Utilities

  • Central Heating
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 12
  • Tax Tract Number 6039
  • Assessor Parcel Number 4079018013

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $960
  • Insurance Expense $2,188
  • Maintenance Expense $3,000
  • Trash Expense $560
  • Water Sewer Expense $1,200
  • New Taxes Expense $8,233
  • Operating Expense $16,141
  • Gross Income $8,050
  • Net Operating Income $80,459

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$19,464

Year Built

Built in 1950

Lot Details

0

Parking

6

Listing Details

  • Other Phone Description: 310-293-9177
  • Other Phone Ext: 221
  • Other Phone Number: 310-546-3441
  • Property Attached: Yes
  • Water Sewer Expenses: 1200.00
  • Zoning: LNR2*
  • Architectural Style: Contemporary
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Gardener Expense: 960.00
  • Parcel Number: 4079018013
  • Year Built: 1950
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Balcony, Beamed Ceilings, Ceiling Fan(s), Granite Counters, Storage, Wainscoting
  • Common Walls: 1 Common Wall
  • Door Features: Sliding Doors
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 305.21
  • Room Type: Art Studio, Great Room, Kitchen, Laundry, Main Floor Bedroom, Master Suite
  • Window Features: Blinds

Exterior Features

  • Other Structures: Workshop
  • Pool Private: No
  • Construction Materials: Stucco

Garage/Parking

  • Carport Spaces: 1.00
  • Garage Spaces: 6.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Driveway, Garage, Garage Faces Side, Garage - Single Door, Private
  • Total Parking Spaces: 10.00
  • Uncovered Spaces: 3.00

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: In Garage, Individual Room, Inside
  • Sewer: Public Sewer
  • Trash Expense: 560.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Landscaped, Lot 6500-9999, Rectangular Lot, Sprinklers In Front, Sprinklers In Rear
  • Lot Size Sq Ft: 9072.00
  • Lot Size Acres: 0.2083

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 8050.00
  • Gross Multiplier: 14.00
  • Gross Scheduled Income: 96600.00
  • Insurance Expense: 2188.00
  • Lot Size Area: 9072.0000 Square Feet
  • Maintenance Expense: 3000.00
  • Net Operating Income: 80459.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Number With Carpet: 3
  • Number With Dishwasher: 3
  • Number With Disposal: 3
  • Number With Patio: 3
  • Number With Range: 3
  • Number With Refrigerator: 2
  • Operating Expense: 16141.00
  • Rent Control: No
  • Total Expenses: 16141.00

Tax Info

  • New Taxes Expense: 8233.00
  • Tax Lot: 12
  • Tax Tract Number: 6039

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2019
Closed on
Sep 10, 2019
Sold by
Tao Vi and Yi Tao Trust
Bought by
Yi Tao and Yi Tao Trust
Seller's Agent
ZHUO PENG
Harvest Realty South Bay
Buyer's Agent
ZHUO PENG
Harvest Realty South Bay
Sold Price
$3,400
Current Estimated Value
$1,613,079

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,609,679
Avg. Annual Appreciation
2.26%
Original Mortgage
$840,000
Outstanding Balance
$751,397
Interest Rate
3.7%
Mortgage Type
Credit Line Revolving
Estimated Equity
$849,242

Purchase Details

Listed on
Aug 1, 2019
Closed on
Jul 30, 2019
Sold by
Tao Yi
Bought by
Tao Yi and Yi Tao Trust
Seller's Agent
ZHUO PENG
Harvest Realty South Bay
Buyer's Agent
ZHUO PENG
Harvest Realty South Bay
Sold Price
$3,400

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$840,000
Outstanding Balance
$751,397
Interest Rate
3.7%
Mortgage Type
Credit Line Revolving
Estimated Equity
$849,242

Purchase Details

Listed on
Aug 1, 2019
Closed on
Jul 11, 2019
Sold by
Yao Wei
Bought by
Yi Tao
Seller's Agent
ZHUO PENG
Harvest Realty South Bay
Buyer's Agent
ZHUO PENG
Harvest Realty South Bay
Sold Price
$3,400

Purchase Details

Listed on
Aug 1, 2019
Closed on
Jun 20, 2019
Sold by
Sylvester Sherron L and The Sherron L Sylvester 2004 T
Bought by
Yi Tao
Seller's Agent
ZHUO PENG
Harvest Realty South Bay
Buyer's Agent
ZHUO PENG
Harvest Realty South Bay
Sold Price
$3,400

Purchase Details

Closed on
Jun 23, 2004
Sold by
Sylvester Sherron L
Bought by
Sylvester Sherron L and The Sherron L Sylvester 2004 T

Purchase Details

Closed on
Feb 26, 2003
Sold by
Sylvester Sherron L
Bought by
Sylvester Sherron L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
5.04%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jun 26, 1997
Sold by
Sylvester Dennis J
Bought by
Sylvester Sherron L

Purchase Details

Closed on
Mar 14, 1996
Sold by
Cole Marie L
Bought by
Cole Marie L and Gould Carolyn E
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- Stewart Title Of Ca Inc
Interfamily Deed Transfer -- Stewart Title Company
Quit Claim Deed -- Consumer Title Company
Grant Deed $1,400,000 Consumers Title Company
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- Chicago Title Co
Interfamily Deed Transfer -- --
Gift Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $840,000 Credit Line Revolving
Previous Owner $500,000 Unknown
Previous Owner $320,000 Negative Amortization
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/14/2019 08/14/19 Rented $3,400 0.0% --
08/12/2019 08/12/19 Price Changed $3,400 -2.9% $2 / Sq Ft
08/01/2019 08/01/19 For Rent $3,500 0.0% --
07/19/2019 07/19/19 Sold $1,400,000 +0.1% $305 / Sq Ft
06/14/2019 06/14/19 Pending -- -- --
06/03/2019 06/03/19 For Sale $1,399,000 -- $305 / 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
2024 $19,464 $1,501,080 $1,072,201 $428,879
2023 $18,404 $1,471,648 $1,051,178 $420,470
2022 $18,416 $1,442,793 $1,030,567 $412,226
2021 $17,933 $1,414,504 $1,010,360 $404,144
2020 $18,056 $1,400,000 $1,000,000 $400,000
2019 $8,937 $659,740 $257,372 $402,368
2018 $8,767 $646,805 $252,326 $394,479
2017 $8,358 $634,124 $247,379 $386,745
2016 $8,110 $621,691 $242,529 $379,162
2015 $7,904 $612,353 $238,886 $373,467
2014 $7,860 $600,359 $234,207 $366,152
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB19130163

California Regional Multiple Listing Service (CRMLS)

APN: 4079-018-013