NOT LISTED FOR SALE

4511 W 173rd St Lawndale, CA 90260

9 Beds
5 Baths
4,597 Sq Ft
5,800 Sq Ft Lot

Last Sold December 10, 2012

Last sale price $925,000 $201 Per Sq Ft

21 Days on Market

About This Home

As of December 2012

Awesome five units apartment with lots of upgrades on all units including kitchen and bathrooms. Great location, just across Torrance Galleria
and west of Hawthorne Blvd. A prime location in South Lawndale which borders Torrance and few mile to the beach. Per seller, electrical system was upgraded, kitchen cabinets, tile floors, bathroom are upgraded, living room flooring are also replaced to wood laminate. Very well maintained and long term tenants, rents are upside down which great for increase. Very stable neighborhood and area, just walking distance to the mall and few blocks to 405 freeway. This is an excellent opportunity for first time investment or move up and exchange investment. Very easy to manage, there are almost no vacancy because of its location. Offer subject to inspection and contingency sale in which another property has already been located.

Last Agent to Sell the Property

Phillip Romero

Keller Williams South Bay License #00912910 Listed on: 10/10/2012

Keller Williams South Bay

Last Buyer's Agent

Jacquelin Welter

Vista Sotheby’s International Realty License #00572475

Vista Sotheby’s International Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Lot Details

  • 5,800 Sq Ft Lot
  • Lot Dimensions are 40 x 145
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 5 Car Garage

Home Design

  • 4,597 Sq Ft Home

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 5 Bathrooms

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 771
  • Tax Tract Number 5568
  • Assessor Parcel Number 4081024023

Community Details

Overview

  • 5 Units

Building Details

  • 6 Separate Electric Meters
  • 6 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $720
  • Gardener Expense $480
  • Insurance Expense $1,600
  • Maintenance Expense $1,500
  • Trash Expense $1,200
  • Water Sewer Expense $2,400
  • New Taxes Expense $11,630
  • Gross Income $5,850
  • Net Operating Income $50,190

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

0

Parking

5

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 2400.00
  • Property Type: Residential Income
  • Gardener Expense: 480.00
  • Parcel Number: 4081024023
  • Year Built: 1963
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: Two
  • Price Per Square Foot: 201.22

Garage/Parking

  • Garage Spaces: 5.00
  • Total Parking Spaces: 5.00

Utilities

  • Utilities: Sewer Available
  • Trash Expense: 1200.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size: 40 x 145
  • Lot Size Sq Ft: 5800.00
  • Lot Size Acres: 0.1330

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Electric Expense: 720.00
  • Gross Income: 5850.00
  • Gross Scheduled Income: 70200.00
  • Insurance Expense: 1600.00
  • Laundry Equipment Own Lease: Own
  • Lot Size Area: 5800.0000 Square Feet
  • Maintenance Expense: 1500.00
  • Net Operating Income: 50190.00
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 5
  • Operating Expense: 20010.00
  • Rent Control: No
  • Total Actual Rent: 5850.00

Tax Info

  • New Taxes Expense: 11630.00
  • Tax Lot: 771
  • Tax Tract Number: 5568
  • Tax Year: 2011

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/10/2012 12/10/12 Sold $925,000 -6.6% $201 / Sq Ft
10/31/2012 10/31/12 Pending -- -- --
10/10/2012 10/10/12 For Sale $990,000 -- $215 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2012

    Phillip Romero

    Keller Williams South Bay

    (310) 375-3511

    4 Total Sales

    Phillip Romero
    Section Image
  • Jacquelin Welter

    Buyer's Agent in 2012

    Jacquelin Welter

    Vista Sotheby’s International Realty

    (310) 480-8555

    13 Total Sales

    Jacquelin Welter
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB12126514

California Regional Multiple Listing Service (CRMLS)
California Los Angeles County Lawndale 90260

4511 W 173rd St, Lawndale, CA

This home is located at 4511 W 173rd St, Lawndale, CA 90260 since 10 October 2012. This property was built in 1963. 4511 W 173rd St is a home located in Los Angeles County with nearby schools including William Green Elementary School, Jane Addams Middle School, and Lawndale High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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