NOT LISTED FOR SALE

4543 W 160th St Lawndale, CA 90260

Estimated Value: $898,000 - $1,064,000

4 Beds
2 Baths
1,620 Sq Ft
$611/Sq Ft Est. Value

Last Sold April 30, 2012

Last sale price $360,000 $222 Per Sq Ft

Est. 175% increase in value since last sale

Current estimated payment $5,904/month

14 Days on Market

Highlights

  • Contemporary Architecture
  • Wood Flooring
  • Heating System Uses Natural Gas

About This Home

As of April 2012

Cute Duplex in south Lawndale. Adjacent Manhattan Beach and Hermosa Beach 2 separate units. Both 2B, 1B each. The duplex is two separate-detached houses with a 2 car garage separating the units each garage has a window and a side door Recently painted on the interior . Washer and Dryer hookups in both units. Front unit has front yard with white fence. Long side drive leads to rear unit and parking in back with 2 garages. Both units are all on 1 level Main unit has Harwood floors through out and updated bathrooms. Great rental property! New owner to determine rent and expenses. In this area the rent ranges from -$1500.to $1700 Please submit all offers Live in one and rent out the other unit Nice location conveniently close to transportation, parks, schools and businesses. See private remarks for offer submission and showing instructions

Last Agent to Sell the Property

John Risso

Genesis Realty License #01195765 Listed on: 02/15/2012

Last Buyer's Agent

Patrice Hui bon Hoa

HOME TEAM REALTY License #01128273

HOME TEAM REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,218

Year Built

  • Built in 1947

Lot Details

  • 5,857 Sq Ft Lot

Parking

  • 6 Parking Spaces

Home Design

  • 1,620 Sq Ft Home
  • Contemporary Architecture
  • Shingle Roof
  • Composition Roof
  • Stucco

Flooring

  • Wood
  • Tile

Utilities

  • Heating System Uses Natural Gas
  • Wall Furnace

Listing and Financial Details

  • Tax Tract Number 5651
  • Assessor Parcel Number 4080023012

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Net Operating Income $23,520

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,218

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Assessments: No
  • CapRate: 6.37
  • View: No
  • Architectural Style: Contemporary
  • Property Type: Residential Income
  • Parcel Number: 4080023012
  • Year Built: 1947
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Flooring: Tile, Wood
  • Appliances: No
  • Levels: One
  • Price Per Square Foot: 222.22

Exterior Features

  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Parking: No
  • Total Parking Spaces: 6.00

Utilities

  • Heating: Yes
  • Laundry: No
  • Heating Type: Natural Gas, Wall Furnace
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 5857.00
  • Lot Size Acres: 0.1340

Multi Family

  • Gross Multiplier: 10.98
  • Gross Scheduled Income: 33600.00
  • Lot Size Area: 5857.0000 Square Feet
  • Net Operating Income: 23520.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 8400.00
  • Vacancy Allowance: 1680
  • Vacancy Allowance Rate: 5.00

Tax Info

  • Tax Area: 5164
  • Tax Lot: 0.
  • Tax Tract Number: 5651

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2012
Closed on
Apr 23, 2012
Sold by
Wong John
Bought by
Lin Li Mei
Seller's Agent
John Risso
Genesis Realty
Buyer's Agent
Patrice Hui bon Hoa
HOME TEAM REALTY
List Price
$369,000
Sold Price
$360,000
Premium/Discount to List
-$9,000
-2.44%
Current Estimated Value
$990,361

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$630,361
Avg. Annual Appreciation
7.78%
Original Mortgage
$160,000
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 15, 2012
Closed on
Mar 5, 2012
Sold by
Aslan Residential I Llc
Bought by
Wong Sun Hung and Lin Li Mei
Seller's Agent
John Risso
Genesis Realty
Buyer's Agent
Patrice Hui bon Hoa
HOME TEAM REALTY
List Price
$369,000
Sold Price
$360,000
Premium/Discount to List
-$9,000
-2.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 4, 2012
Sold by
Circle Of Nations Inc
Bought by
Aslan Residential 1 Llc

Purchase Details

Closed on
Mar 30, 2011
Sold by
Torres Jose
Bought by
Us Bank National Association

Purchase Details

Closed on
Oct 4, 2005
Sold by
Martinez De Torres Gloria Elsa
Bought by
Torres Jose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$502,400
Interest Rate
5.63%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Sep 20, 2005
Sold by
Cornejo Araceli
Bought by
Torres Jose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$502,400
Interest Rate
5.63%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Sep 12, 2005
Sold by
Cornejo Ricardo
Bought by
Cornejo Araceli

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$502,400
Interest Rate
5.63%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 24, 2004
Sold by
Cahuana David
Bought by
Sulca Angelica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$399,200
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 4, 2004
Sold by
Sulca Angelica
Bought by
Cornejo Araceli and Cornejo Ricardo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$399,200
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 16, 2002
Sold by
Cahuana David E
Bought by
Sulca Angelica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,600
Interest Rate
7.13%

Purchase Details

Closed on
Feb 19, 2002
Sold by
Hill Edwin Stamford and The Merlyn M Heim Hill Living
Bought by
Sulca Angelica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,600
Interest Rate
7.13%

Purchase Details

Closed on
Feb 14, 2002
Sold by
Hill Edwin Stamford and The Merlyn M Heim Hill Living
Bought by
Sulca Angelica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,600
Interest Rate
7.13%

Purchase Details

Closed on
Nov 8, 1995
Sold by
Heim Hill Merlyn M and Heim Merlyn M
Bought by
Heim Hill Merlyn M and Hill Ii Edwin Stamford

Purchase Details

Closed on
Jul 21, 1995
Sold by
Heim Merlyn M
Bought by
Heim Hill Merlyn M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
7.62%

Purchase Details

Closed on
Jul 19, 1995
Sold by
Hill Edwin Stamford
Bought by
Hill Merlyn M Heim

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
7.62%
Source: Public Records

Range of Values:

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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
Lin Li Mei -- First American Title Company
Wong Sun Hung $360,000 First American Title Company
Aslan Residential 1 Llc $267,000 None Available
Circle Of Nations Inc $267,000 None Available
Us Bank National Association $380,000 None Available
Torres Jose -- Lawyers Title Ins
Torres Jose $628,000 --
Cornejo Araceli -- --
Sulca Angelica -- Fidelity National Title Co L
Cornejo Araceli $499,000 Fidelity National Title Co
Sulca Angelica -- Southland Title
Sulca Angelica -- Southland Title
Sulca Angelica $249,500 Southland Title
Sulca Angelica $249,500 Southland Title
Heim Hill Merlyn M -- --
Heim Hill Merlyn M -- American Coast Title
Hill Merlyn M Heim -- American Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lin Li Mei $420,000
Previous Owner Wong Sun Hung $160,000
Previous Owner Torres Jose Candido $11,000
Previous Owner Torres Jose $502,400
Previous Owner Cornejo Araceli $399,200
Previous Owner Sulca Angelica $307,500
Previous Owner Sulca Angelica $277,500
Previous Owner Sulca Angelica $255,000
Previous Owner Sulca Angelica $199,600
Previous Owner Sulca Angelica $199,600
Previous Owner Heim Hill Merlyn M $80,000
Closed Sulca Angelica $49,900
Closed Cornejo Araceli $99,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2012 04/30/12 Sold $360,000 -2.4% $222 / Sq Ft
02/29/2012 02/29/12 Pending -- -- --
02/15/2012 02/15/12 For Sale $369,000 -- $228 / 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 $6,218 $452,170 $251,206 $200,964
2024 $6,218 $443,305 $246,281 $197,024
2023 $5,903 $434,613 $241,452 $193,161
2022 $5,903 $426,092 $236,718 $189,374
2021 $5,754 $417,738 $232,077 $185,661
2020 $5,764 $413,456 $229,698 $183,758
2019 $7,130 $539,272 $336,996 $202,276
2018 $5,391 $397,403 $220,780 $176,623
2016 $5,013 $381,972 $212,207 $169,765
2015 $4,886 $376,235 $209,020 $167,215
2014 $4,860 $368,866 $204,926 $163,940
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: U12000716

California Regional Multiple Listing Service (CRMLS)

APN: 4080-023-012