NOT LISTED FOR SALE

4535 W 159th St Lawndale, CA 90260

Estimated Value: $1,067,000 - $1,119,752

4 Beds
2 Baths
2,065 Sq Ft
$535/Sq Ft Est. Value

Last Sold February 09, 2021

Last sale price $819,000 $397 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $6,939/month

19 Days on Market

Highlights

  • View of Trees or Woods
  • Laundry Room
  • Mirrored Closets Doors
  • No HOA
  • Tile Flooring

About This Home

As of February 2021

One of a kind legal Duplex in South Lawndale on R3 lot. This centrally located duplex is surrounded by the South Bay Beaches, the South Bay Galleria, major freeways, established aerospace engineering companies and the LAX Airport. Each unit is TWO bedrooms, ONE bathroom and share a large 8 parking space driveway. Both Units have individual Gas and Electric meters, and feature open floor plans, smart locks and in-unit laundry. Lower unit has concrete floors, modern kitchen with quartz counter tops, a smart heating and air conditioning system and access to a cozy private backyard area. Upper unit has a mix of carpet and wood-like tile floors, modern kitchen with granite counter tops, main bedroom with walk-in closet, elegant rain shower in the bathroom and an intimate rooftop terrace that adds approximately 350 square feet of private outdoor space.

Do not miss the opportunity to acquire this distinctive duplex with the possibility to expand with its R3 zoning!!

Last Agent to Sell the Property

Julien Haro

eXp Realty of Greater Los Angeles, Inc. License #01967985 Listed on: 12/16/2020

eXp Realty of Greater Los Angeles, Inc.

Last Buyer's Agent

Dieter Hulfachor

First Team Real Estate License #01763649

First Team Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,575

Year Built

  • Built in 1984

Lot Details

  • 4,178 Sq Ft Lot
  • 1 Common Wall
  • Sprinkler System

Home Design

  • Property Attached

Interior Spaces

  • 2,065 Sq Ft Home
  • 2-Story Property
  • Views of Woods
  • Laundry Room

Flooring

  • Carpet
  • Concrete
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Mirrored Closets Doors
  • 2 Bathrooms

Parking

  • 6 Open Parking Spaces
  • 8 Parking Spaces
  • 2 Carport Spaces
  • Parking Available

Utilities

  • Natural Gas Connected

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 290
  • Tax Tract Number 5651
  • Assessor Parcel Number 4080024055

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $480
  • Insurance Expense $870
  • Maintenance Expense $2,760
  • Trash Expense $605
  • Water Sewer Expense $1,448
  • New Taxes Expense $7,589
  • Operating Expense $13,752
  • Net Operating Income $41,448

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,575

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Assessments: No
  • CapRate: 4.74
  • Inclusions: Diswasher, Gas Range, Microwave, Stackable Washer and Dryer in Unit 1. Gas Range, Microwave, Fridge, Washer and Dryer in Unit 2.
  • Property Attached: Yes
  • View: Yes
  • Water Sewer Expenses: 1448.20
  • Property Type: Residential Income
  • Gardener Expense: 480.00
  • Parcel Number: 4080024055
  • Year Built: 1984
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Concrete, Tile
  • Door Features: Mirror Closet Door(s)
  • Levels: Two
  • Price Per Square Foot: 396.61

Exterior Features

  • View: Trees/Woods
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Carport Spaces: 2.00
  • Parking: Yes
  • Parking Features: Carport
  • Total Parking Spaces: 8.00
  • Uncovered Spaces: 6.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Trash Expense: 604.80
  • 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: Sprinkler System
  • Lot Size Sq Ft: 4178.00
  • Lot Size Acres: 0.0959
  • Latitude Manual: 33.88656400

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Scheduled Income: 56400.00
  • Insurance Expense: 870.00
  • Lot Size Area: 4178.0000 Square Feet
  • Maintenance Expense: 2760.00
  • Maintenance Percent: 5.00
  • Net Operating Income: 41448.36
  • 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
  • Number Wall A C: 1
  • Number With Dishwasher: 1
  • Number With Patio: 1
  • Number With Range: 2
  • Number With Refrigerator: 1
  • Operating Expense: 13751.60
  • Rent Control: No
  • Total Actual Rent: 4600.00
  • Total Expenses: 13751.64

Tax Info

  • New Taxes Expense: 7588.70
  • Tax Lot: 290
  • Tax Tract Number: 5651

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 16, 2020
Closed on
Jan 7, 2021
Sold by
Haro Julien
Bought by
Shu Joshua and Shu Chelsea
Seller's Agent
Julien Haro
eXp Realty of Greater Los Angeles, Inc.
Buyer's Agent
Dieter Hulfachor
First Team Real Estate
List Price
$875,000
Sold Price
$819,000
Premium/Discount to List
-$56,000
-6.4%
Current Estimated Value
$1,104,938

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$285,938
Avg. Annual Appreciation
6.14%
Original Mortgage
$614,250
Outstanding Balance
$549,693
Interest Rate
2.6%
Mortgage Type
New Conventional
Estimated Equity
$526,227

Purchase Details

Listed on
Jun 13, 2017
Closed on
Jul 25, 2017
Sold by
Pierson Kathryn E
Bought by
Haro Julien
Seller's Agent
Aaron Klapper
eXp Realty of California, Inc.
Buyer's Agent
Julien Haro
eXp Realty of Greater Los Angeles, Inc.
List Price
$599,000
Sold Price
$590,000
Premium/Discount to List
-$9,000
-1.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.79%

Purchase Details

Closed on
Jul 10, 2013
Sold by
Pierson Kathryn E
Bought by
Pierson Kathryn E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,000
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 9, 2007
Sold by
Baldwin Kathryn E and Pierson Kathryn
Bought by
Baldwin Kathryn E

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
6.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 5, 2005
Sold by
Baldwin Marvin
Bought by
Pierson Kathryn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$298,000
Interest Rate
6.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 20, 2004
Sold by
Pierson Kathryn and Baldwin Marvin
Bought by
Pierson Kathryn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
5.92%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 17, 2004
Sold by
Pierson Kathryn and Johnson Tyree
Bought by
Pierson Kathryn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$261,000
Interest Rate
5.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 17, 1999
Sold by
Rodriguez Manuela
Bought by
Pierson Kathryn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,209
Interest Rate
7.63%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 7, 1998
Sold by
Rodriguez Alonso
Bought by
Rodriguez Manuela

Purchase Details

Closed on
Jul 6, 1998
Sold by
Rodriguez Alonso
Bought by
Rodriguez Manuela

Purchase Details

Closed on
Jun 10, 1998
Sold by
Marroquis Osmar Alexander and Guillen Rosa
Bought by
Rodriguez Manuela

Purchase Details

Closed on
Dec 20, 1995
Sold by
Marroquis Omar Alexander and Guillen Rosa
Bought by
Rodriguez Manuel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,269
Interest Rate
7.42%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 29, 1995
Sold by
Trevino Guadalupe A and The Guadalupe A Trevino Family
Bought by
Marroquin Osmar and Guillen Rosa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,269
Interest Rate
7.42%
Mortgage Type
FHA
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Shu Joshua $835,000 Chicago Title Company
Haro Julien $590,000 Lawyers Title
Pierson Kathryn E -- Title365 Company
Baldwin Kathryn E -- Lsi
Pierson Kathryn -- Alliance Title Company
Pierson Kathryn -- Southland Title
Pierson Kathryn -- Southland Title
Pierson Kathryn $219,000 North American Title
Rodriguez Manuela -- First American
Rodriguez Manuela -- First American
Rodriguez Manuela -- First American
Rodriguez Manuel -- --
Marroquis Osmar Alexander -- --
Marroquin Osmar $147,500 American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shu Joshua $614,250
Previous Owner Haro Julien $270,000
Previous Owner Pierson Kathryn E $294,000
Previous Owner Pierson Kathryn Elise $20,000
Previous Owner Baldwin Kathryn E $320,000
Previous Owner Pierson Kathryn $298,000
Previous Owner Pierson Kathryn $60,000
Previous Owner Pierson Kathryn $261,000
Previous Owner Pierson Kathryn $217,209
Previous Owner Rodriguez Manuela $145,939
Previous Owner Marroquin Osmar $145,269
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/09/2021 02/09/21 Sold $819,000 -6.4% $397 / Sq Ft
01/04/2021 01/04/21 Pending -- -- --
12/16/2020 12/16/20 For Sale $875,000 +48.3% $424 / Sq Ft
08/09/2017 08/09/17 Sold $590,000 -1.5% $286 / Sq Ft
07/23/2017 07/23/17 Pending -- -- --
07/19/2017 07/19/17 For Sale $599,000 +1.5% $290 / Sq Ft
07/13/2017 07/13/17 Off Market $590,000 -- --
06/29/2017 06/29/17 For Sale $599,000 0.0% $290 / Sq Ft
06/17/2017 06/17/17 Pending -- -- --
06/13/2017 06/13/17 For Sale $599,000 -- $290 / 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 $11,575 $903,830 $541,216 $362,614
2024 $11,575 $886,108 $530,604 $355,504
2023 $10,948 $868,734 $520,200 $348,534
2022 $10,955 $851,700 $510,000 $341,700
2021 $8,024 $620,194 $252,282 $367,912
2020 $8,039 $613,836 $249,696 $364,140
2019 $7,727 $601,800 $244,800 $357,000
2018 $7,589 $590,000 $240,000 $350,000
2016 $4,999 $382,366 $227,376 $154,990
2015 $4,871 $376,623 $223,961 $152,662
2014 $4,845 $369,246 $219,574 $149,672
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC20250214

California Regional Multiple Listing Service (CRMLS)

APN: 4080-024-055