NOT LISTED FOR SALE

4562 W 161st St Lawndale, CA 90260

Estimated Value: $875,000 - $994,000

4 Beds
2 Baths
1,655 Sq Ft
$556/Sq Ft Est. Value

Last Sold May 10, 2022

Last sale price $800,000 $483 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $5,747/month

13 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Heating System Uses Natural Gas
  • Back and Front Yard
  • Laundry Room

About This Home

As of May 2022

Call your renovation specialist for this value-add opportunity. Excellent opportunity to own two detached homes on a lot! This is a fixer project and both units need work. The front house is a 1 bedroom/1 bath with an attached 2-car garage and the back house is a 3 bedroom/1 bath with a fireplace and laundry hookups. 4562 & 4564 W. 161st Street have a Walk Score of 77 out of 100. This location is Very Walkable so most errands can be accomplished on foot. This location is nearby parks including William Green Park, Dale Page Park and Jane Addams Park.

Last Agent to Sell the Property

Nancy Bush

Lyon Stahl Investment Real Estate, Inc. License #00962565 Listed on: 03/19/2022

Lyon Stahl Investment Real Estate, Inc.

Co-Listed By

Mike McKinney

Lyon Stahl Investment Real Estate, Inc. License #00634672

Last Buyer's Agent

Nancy Bush

Lyon Stahl Investment Real Estate, Inc. License #00962565 Listed on: 03/19/2022

Lyon Stahl Investment Real Estate, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,635

Year Built

  • Built in 1947

Lot Details

  • 5,860 Sq Ft Lot
  • No Common Walls
  • Back and Front Yard

Parking

  • 2 Car Garage
  • 2 Open Parking Spaces
  • Parking Available
  • Front Facing Garage
  • Combination Of Materials Used In The Driveway

Home Design

  • Duplex
  • Fixer Upper
  • Shingle Roof

Interior Spaces

  • 1,655 Sq Ft Home
  • Living Room with Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Bedrooms Down
  • 2 Bathrooms

Outdoor Features

  • Exterior Lighting

Utilities

  • Heating System Uses Natural Gas
  • Natural Gas Connected

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 167
  • Tax Tract Number 5651
  • Assessor Parcel Number 4080021019
  • $748 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $200
  • Insurance Expense $1,317
  • Other Expense $748
  • Trash Expense $310
  • Water Sewer Expense $2,236
  • New Taxes Expense $8,635
  • Operating Expense $13,526
  • Gross Income $35,880
  • Net Operating Income $22,354

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,635

Year Built

Built in 1947

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 2236.00
  • Zoning: LNR2YY
  • Property Condition: Fixer
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Gardener Expense: 200.00
  • Parcel Number: 4080021019
  • Year Built: 1947
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Common Walls: No Common Walls
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 483.38
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No
  • Roof: Shingle

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway - Combination, Garage Faces Front
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Natural Gas
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Trash Expense: 310.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard
  • Lot Size Sq Ft: 5860.00
  • Lot Size Acres: 0.1345

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average1 Bed Area: 575 Square Feet
  • Average2 Bed Area: 1080 Square Feet
  • Gross Income: 35880.00
  • Gross Operating Income: 35880.00
  • Gross Scheduled Income: 35880.00
  • Insurance Expense: 1317.00
  • Lot Size Area: 5860.0000 Square Feet
  • Net Operating Income: 22354.00
  • 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: 13526.00
  • Other Expense: 748.00
  • Other Expense Description: Drt Asmt
  • Rent Control: No
  • Total Expenses: 13526.00

Tax Info

  • New Taxes Expense: 8635.00
  • Tax Census Tract: 6040.01
  • Tax Lot: 167
  • Tax Tract Number: 5651
  • Tax Annual Amount: 8635.00
  • TaxOtherAnnualAssessmentAmount: 748.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 16, 2019
Sold by
Pethley Donald R
Bought by
Pethley Donald R and The Donald R Pethley Family Tr
Current Estimated Value
$920,348

Purchase Details

Closed on
Jan 23, 2019
Sold by
Pethley Lowell S
Bought by
Pethley Lowell S and Pethley Declaration O Lowell S
Source: Public Records

Range of Values:

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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
Pethley Donald R -- None Available
Pethley Lowell S -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/10/2022 05/10/22 Sold $800,000 +10.3% $483 / Sq Ft
04/01/2022 04/01/22 Pending -- -- --
03/19/2022 03/19/22 For Sale $725,000 -- $438 / 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 $11,156 $848,965 $626,112 $222,853
2024 $11,156 $832,320 $613,836 $218,484
2023 $10,352 $816,000 $601,800 $214,200
2022 $6,010 $444,468 $245,536 $198,932
2021 $5,855 $435,754 $240,722 $195,032
2020 $5,864 $431,287 $238,254 $193,033
2019 $1,950 $109,709 $47,193 $62,516
2018 $1,858 $107,559 $46,268 $61,291
2016 $1,730 $103,384 $44,472 $58,912
2015 $1,692 $101,832 $43,804 $58,028
2014 $1,693 $99,838 $42,946 $56,892
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB22053946

California Regional Multiple Listing Service (CRMLS)

APN: 4080-021-019