NOT LISTED FOR SALE

4518 W 164th St Lawndale, CA 90260

Estimated Value: $917,000 - $1,128,817

4 Beds
2 Baths
1,526 Sq Ft
$657/Sq Ft Est. Value

Last Sold June 29, 2022

Last sale price $855,000 $560 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $6,389/month

29 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • 1-Story Property
  • Fireplace

About This Home

As of June 2022

Amazing investment opportunity for someone looking to generate rental income! Traditional Duplex with two detached units, both units consist each of a 2 bed/1 bath layout and share a small yard and driveway. Each unit has its own gas (2 total) and electric meter (2 total). The front unit presents a small private front yard, two car garage in back and washer and dryer hookups. Located near shopping, restaurants, schools and parks. Live in one rent the other, both units to be delivered vacant. All these units need is some TLC!

Last Agent to Sell the Property

Miguel Liberato

Olivo Realty License #00884672 Listed on: 05/05/2022

Last Buyer's Agent

Nohemi Ramirez

Keller Williams South Bay License #02122572

Keller Williams South Bay

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,639

Year Built

  • Built in 1945

Lot Details

  • 5,203 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage
  • Parking Available
  • Assigned Parking

Interior Spaces

  • 4 Bedrooms
  • 1,526 Sq Ft Home
  • 1-Story Property
  • Fireplace

Laundry

  • Laundry Room
  • Laundry in Kitchen
  • Washer and Gas Dryer Hookup

Additional Features

  • Exterior Lighting
  • Urban Location

Listing and Financial Details

  • Tax Lot 252
  • Tax Tract Number 5781
  • Assessor Parcel Number 4080018004
  • $747 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,200
  • Trash Expense $412
  • Water Sewer Expense $1,365
  • Operating Expense $6,769
  • Gross Income $48,000
  • Net Operating Income $41,231

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,639

Year Built

Built in 1945

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Price Per Unit: 417500
  • Property Attached: No
  • Water Sewer Expenses: 1365.00
  • Zoning: LNR2YY
  • Property Type: Residential Income
  • Parcel Number: 4080018004
  • Year Built: 1945
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Stories: 1
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 560.29

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Gas Dryer Hookup, In Kitchen, Washer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 412.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Storm Drains, Street Lights, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5203.00
  • Lot Size Acres: 0.1194
  • Latitude Manual: 33.88132300

Multi Family

  • Gross Income: 48000.00
  • Gross Scheduled Income: 48000.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 5203.0000 Square Feet
  • Net Operating Income: 41231.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 6769.00
  • Rent Control: Yes
  • Total Expenses: 6769.00

Tax Info

  • Tax Census Tract: 6040.01
  • Tax Lot: 252
  • Tax Tract Number: 5781
  • TaxOtherAnnualAssessmentAmount: 747.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 25, 2024
Sold by
Guerrero Alfredo B and Guerrero Maria
Bought by
Guerrero Family Revocable Living Trust and Guerrero
Current Estimated Value
$1,002,204

Purchase Details

Closed on
Nov 12, 2020
Sold by
Avalos Demetrio and Avalos Martha A
Bought by
Avalos Demetrio and Avalos Martha A

Purchase Details

Closed on
Aug 12, 2020
Sold by
Avalos Demetrio and Avalos Martha A
Bought by
Avalos Demetrio and Avalos Martha A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 12, 1999
Sold by
Avalos Demetrio and Avalos Martha A
Bought by
Avalos Demetrio and Avalos Martha A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,207
Interest Rate
7.82%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 13, 1994
Sold by
Gil Jeronimo
Bought by
Avalos Demetrio and Avalos Martha A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,550
Interest Rate
7.62%
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
Guerrero Family Revocable Living Trust -- None Listed On Document
Avalos Demetrio -- None Available
Avalos Demetrio -- Placer Title Company
Avalos Demetrio -- First American Title Ins Co
Avalos Demetrio $169,000 Commonwealth Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Avalos Demetrio $375,000
Previous Owner Avalos Demetrio $325,000
Previous Owner Avalos Demetrio $225,000
Previous Owner Avalos Demetrio $193,408
Previous Owner Avalos Demetrio $191,207
Previous Owner Avalos Demetrio $160,550
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/29/2022 06/29/22 Sold $855,000 +2.4% $560 / Sq Ft
05/05/2022 05/05/22 For Sale $835,000 -- $547 / 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 $11,639 $907,332 $588,970 $318,362
2024 $11,639 $889,542 $577,422 $312,120
2023 $11,009 $872,100 $566,100 $306,000
2022 $3,959 $266,655 $120,256 $146,399
2021 $3,861 $261,428 $117,899 $143,529
2020 $3,866 $258,749 $116,691 $142,058
2019 $3,730 $253,676 $114,403 $139,273
2018 $3,598 $248,703 $112,160 $136,543
2016 $3,349 $239,047 $107,805 $131,242
2015 $3,267 $235,457 $106,186 $129,271
2014 $3,255 $230,845 $104,106 $126,739
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB22088419

California Regional Multiple Listing Service (CRMLS)

APN: 4080-018-004