NOT LISTED FOR SALE

4524 W 171st St Lawndale, CA 90260

Estimated Value: $901,000 - $976,000

4 Beds
2 Baths
1,572 Sq Ft
$589/Sq Ft Est. Value

Last Sold October 14, 2021

Last sale price $770,000 $490 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $5,933/month

9 Days on Market

Highlights

  • Traditional Architecture
  • No HOA
  • 2 Car Garage
  • Private Yard
  • Laundry Room

About This Home

As of October 2021

Located on a very nice, tree lined street with many newly constructed homes and just a few blocks to the Galleria Mall and local transportation. This duplex has two separate buildings and sits on a large lot with good rents and great upside potential. Each unit has it's own laundry area. This is a rare find for location, price and a standard sale. The Seller is looking for a 15 day escrow. No showings - Subject to Inspection.

Last Agent to Sell the Property

Danielle Newson

Vista Sotheby’s International Realty License #01474597 Listed on: 09/18/2021

Vista Sotheby’s International Realty

Last Buyer's Agent

Maggie Ding

Compass License #01414326

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,673

Year Built

  • Built in 1948

Lot Details

  • 5,798 Sq Ft Lot
  • No Common Walls
  • Private Yard

Parking

  • 2 Car Garage
  • Parking Available

Home Design

  • 1,572 Sq Ft Home
  • Duplex
  • Traditional Architecture
  • Frame Construction
  • Composition Roof
  • Stucco

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room

Listing and Financial Details

  • Tenant pays for cable TV, electricity, grounds care, gas
  • Tax Lot 611
  • Tax Tract Number 5568
  • Assessor Parcel Number 4081023013

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units
  • Othr Subdivision

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,000
  • Trash Expense $500
  • Water Sewer Expense $1,000
  • Operating Expense $2,500
  • Gross Income $34,920
  • Net Operating Income $32,420

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,673

Year Built

Built in 1948

Lot Details

0

Parking

2

Listing Details

  • CapRate: 4.40
  • Price Per Unit: 370000
  • Property Attached: No
  • Subdivision Name Other: OTHR
  • Water Sewer Expenses: 1000.00
  • Architectural Style: Traditional
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 4081023013
  • Year Built: 1948
  • Special Features: None

Interior Features

  • Fireplace: No
  • Common Walls: No Common Walls
  • Price Per Square Foot: 489.82

Exterior Features

  • Pool Private: No
  • Roof: Composition
  • Construction Materials: Frame, Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage, On Site
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Trash Expense: 500.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Yard
  • Lot Size Sq Ft: 5798.00
  • Lot Size Acres: 0.1331

Rental Info

  • Tenant Pays: Cable TV, Electricity, Grounds Care, Gas

Multi Family

  • Average2 Bed Area: 790 Square Feet
  • Gross Income: 34920.00
  • Gross Multiplier: 21.20
  • Gross Scheduled Income: 34920.00
  • Insurance Expense: 1000.00
  • Lot Size Area: 5798.0000 Square Feet
  • Net Operating Income: 32420.00
  • 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: 2500.00
  • Rent Control: No
  • Total Actual Rent: 2760.00
  • Total Expenses: 2500.00

Tax Info

  • Tax Lot: 611
  • Tax Tract Number: 5568
  • Tax Year: 2009

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 18, 2021
Closed on
Oct 4, 2021
Sold by
Hanson John A and Hanson Robin G
Bought by
Ancheta Mark V and Ancheta Mark V
Seller's Agent
Danielle Newson
Vista Sotheby’s International Realty
Buyer's Agent
Maggie Ding
Compass
List Price
$740,000
Sold Price
$770,000
Premium/Discount to List
$30,000
4.05%
Current Estimated Value
$925,764

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$155,764
Avg. Annual Appreciation
4.91%

Purchase Details

Closed on
Jan 12, 2010
Sold by
Hanson John A
Bought by
Hanson John A and Hanson Robin G

Purchase Details

Closed on
Nov 6, 2008
Sold by
Hanson Ann H
Bought by
Hanson John A and Hanson Ann H

Purchase Details

Closed on
Jun 9, 1995
Sold by
Hanson John M
Bought by
Hanson Ann H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,700
Interest Rate
7.92%

Purchase Details

Closed on
May 15, 1995
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Hanson Ann H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,700
Interest Rate
7.92%

Purchase Details

Closed on
Mar 21, 1995
Sold by
Home Svgs Of America Fsb
Bought by
Federal Home Loan Mortgage Corporation

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,700
Interest Rate
7.92%

Purchase Details

Closed on
Mar 3, 1995
Sold by
Ball Richard and Ball Jana
Bought by
Home Svgs Of America Fsb
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
Ancheta Mark V $770,000 Consumers Title Company
Hanson John A -- None Available
Hanson John A -- None Available
Hanson Ann H -- First American Title Co
Hanson Ann H $141,000 First American Title Co
Federal Home Loan Mortgage Corporation -- --
Home Svgs Of America Fsb $134,900 Investors Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Li Mark V $544,600
Previous Owner Hanson John A $350,000
Previous Owner Hanson Ann H $112,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/14/2021 10/14/21 Sold $770,000 +4.1% $490 / Sq Ft
09/27/2021 09/27/21 Pending -- -- --
09/18/2021 09/18/21 For Sale $740,000 -- $471 / 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 $10,673 $817,129 $604,888 $212,241
2024 $10,673 $801,108 $593,028 $208,080
2023 $9,788 $785,400 $581,400 $204,000
2022 $10,004 $770,000 $570,000 $200,000
2021 $3,329 $216,222 $168,809 $47,413
2020 $3,333 $214,326 $167,079 $47,247
2019 $3,219 $210,130 $163,803 $46,327
2018 $3,107 $206,017 $160,592 $45,425
2016 $2,894 $197,711 $154,357 $43,354
2015 $2,825 $194,742 $152,039 $42,703
2014 $2,817 $190,928 $149,061 $41,867
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB21206367

California Regional Multiple Listing Service (CRMLS)

APN: 4081-023-013