NOT LISTED FOR SALE

4559 W 159th St Lawndale, CA 90260

Estimated Value: $1,037,000 - $1,340,000

4 Beds
4 Baths
2,144 Sq Ft
$558/Sq Ft Est. Value

Last Sold September 11, 2015

Last sale price $656,000 $306 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $7,654/month

8 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Private Yard
  • Laundry Room
  • Wood Flooring
  • No HOA
  • Wall Furnace

About This Home

As of September 2015

Well maintained 4 one bedroom one bath bungalows with vaulted ceilings and walk in closets. This beautiful property has 3 enclosed yards. Newer built carport that boasts 8 covered parking spots. All units are individually metered for gas and electric. Property is close to shopping, schools and freeways. Easy to rent units. GREAT INVESTMENT PROPERTY.

Last Agent to Sell the Property

Holly Yessmann

Bay Cities Brokers License #01927560 Listed on: 08/07/2015

Co-Listed By

Sandy Cancel

Bay-Cities Realty License #01268822

Last Buyer's Agent

Edgar Macias

Casa Realty & Investements License #01351837

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,571

Year Built

  • Built in 1957

Lot Details

  • 5,470 Sq Ft Lot
  • 1 Common Wall
  • Private Yard
  • Density is up to 1 Unit/Acre

Home Design

  • Property Attached
  • Partial Copper Plumbing

Interior Spaces

  • 2,144 Sq Ft Home
  • Wood Flooring
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Bedrooms Down
  • 4 Bathrooms

Parking

  • 8 Parking Spaces
  • 8 Carport Spaces

Utilities

  • Wall Furnace

Listing and Financial Details

  • Tax Lot 298
  • Tax Tract Number 5651
  • Assessor Parcel Number 4080024013

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 4 Units

Amenities

  • Laundry Facilities

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $900
  • Water Sewer Expense $1,080
  • New Taxes Expense $7,987
  • Gross Income $4,060
  • Net Operating Income $38,753

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,571

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 1080.00
  • Property Type: Residential Income
  • Parcel Number: 4080024013
  • Year Built: 1957
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Copper Plumbing Partial
  • Common Walls: 1 Common Wall
  • Flooring: Wood
  • Levels: One
  • Price Per Square Foot: 305.97
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 8.00
  • Total Parking Spaces: 8.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Community
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Curbs

Lot Info

  • Lot Features: 0-1 Unit/Acre, Yard
  • Lot Size Sq Ft: 5470.00
  • Price Per Lot Square Foot: 119.93
  • Lot Size Acres: 0.1260

Multi Family

  • Gross Income: 4060.00
  • Gross Scheduled Income: 48720.00
  • Insurance Expense: 900.00
  • Lot Size Area: 5470.0000 Square Feet
  • Net Operating Income: 38753.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 9967.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 7987.00
  • Tax Lot: 298
  • Tax Tract Number: 5651

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 7, 2015
Closed on
Aug 18, 2015
Sold by
Robson Paul Anthony and Robson Michale Nancy
Bought by
Abundant Investiments Llc
Seller's Agent
Holly Yessmann
Bay Cities Brokers
Buyer's Agent
Edgar Macias
Casa Realty & Investements
List Price
$639,000
Sold Price
$656,000
Premium/Discount to List
$17,000
2.66%
Current Estimated Value
$1,237,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$581,000
Avg. Annual Appreciation
6.25%
Original Mortgage
$540,000
Interest Rate
3.86%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 18, 2012
Sold by
Robson Paul A and Robson Michael Nancy
Bought by
The Chase Ethan Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$319,500
Interest Rate
3.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 5, 2012
Sold by
Robson Paul Anthony and Robson Michael Nancy
Bought by
Robson Paul A and Robson Michael Nancy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$319,500
Interest Rate
3.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 4, 2011
Sold by
Robson Paul and Robson Michael Nancy
Bought by
Chase Etnan Family Trust

Purchase Details

Closed on
Aug 14, 2008
Sold by
Romero Alejandro
Bought by
Robson Paul and Robson Michael Nancy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$326,250
Interest Rate
6.59%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 17, 2003
Sold by
Belay Feven
Bought by
Romero Alejandro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 26, 2000
Sold by
Jensen Daniel E and Jensen Sheryl A
Bought by
Belay Feven

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,800
Interest Rate
5.87%

Purchase Details

Closed on
Mar 3, 1998
Sold by
Millea Michael F and Millea Barbara A
Bought by
Jensen Daniel E and Jensen Sheryl A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,800
Interest Rate
7.02%
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
Abundant Investiments Llc -- Nations Title Company Of Ca
The Chase Ethan Family Trust -- None Available
Robson Paul A -- Calcounties Title Nation
Chase Etnan Family Trust -- None Available
Robson Paul $435,000 Nations Title Co
Romero Alejandro $450,000 Provident Title
Belay Feven $202,000 Southland Title
Jensen Daniel E $185,000 Southland Title Corporation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Abundant Investments Llc $1,720,000
Closed Abundant Investments Llc $168,000
Closed Abundant Investments Llc $1,387,500
Closed Abundant Investments Llc $540,000
Closed Abundant Investiments Llc $540,000
Previous Owner Robson Paul A $319,500
Previous Owner Robson Paul $327,000
Previous Owner Robson Paul $326,250
Previous Owner Romero Alejandro $80,000
Previous Owner Romero Alejandro $360,000
Previous Owner Belay Feven $181,800
Previous Owner Jensen Daniel E $147,800
Closed Jensen Daniel E $18,475
Closed Romero Alejandro $45,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/11/2015 09/11/15 Sold $656,000 +2.7% $306 / Sq Ft
08/15/2015 08/15/15 Pending -- -- --
08/07/2015 08/07/15 For Sale $639,000 -- $298 / 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 $10,571 $782,754 $402,487 $380,267
2024 $10,571 $767,407 $394,596 $372,811
2023 $10,023 $752,360 $386,859 $365,501
2022 $10,024 $737,609 $379,274 $358,335
2021 $9,781 $723,147 $371,838 $351,309
2019 $9,429 $702,460 $360,810 $341,650
2018 $9,247 $688,702 $353,736 $334,966
2016 $8,511 $656,000 $340,000 $316,000
2015 $6,246 $466,090 $289,298 $176,792
2014 $6,220 $456,961 $283,632 $173,329
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: SB15174146

California Regional Multiple Listing Service (CRMLS)

APN: 4080-024-013