NOT LISTED FOR SALE

4566 W 166th St Lawndale, CA 90260

Estimated Value: $1,008,000 - $1,556,000

5 Beds
4 Baths
2,003 Sq Ft
$659/Sq Ft Est. Value

Last Sold February 25, 2022

Last sale price $1,305,000 $652 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $8,434/month

8 Days on Market

Highlights

  • Laundry Room
  • Back and Front Yard
  • 4-minute walk to William Green Park
  • Forced Air Heating System

About This Home

As of February 2022

Looking for that WOW factor? Welcome home to your One of a Kind Coastal Modern completely DETACHED Duplex recently brought down to the studs and will blow you away with it's well appointed finishes, upgrades and brilliant use of natural light and clean lines! The front home boasts charming curb appeal with lush front lawn and landscaping, has 3 bedrooms and 2 bathrooms and laundry room inside for your convenience. From the moment you step in, you will be struck by the Cathedral ceilings, a flood of natural sunlight and luxury vinyl plank flooring. The open concept flows and is perfect for entertaining family and friends with its' large living/dining space, exhibition kitchen with white Quartz counter tops, Stainless Steel appliances, a breakfast bar, custom shake cabinets and slow close drawers. The three bedrooms are ample in size and include a Primary Suite with oversized shower and walk in closet. The back home is separated by a patio area and a one car garage that has been converted into a fun family space, but with some imagination could be a gym, play room, game room or gosh....you could park a car there too! In the rear home, you will find similar finishes and high quality materials with 2 bedrooms and 2 bathrooms, including a Primary Suite here too! Both homes have their own laundry space/hook ups, Tankless water heaters, Dual pane windows, quality modernized finishes and lots of storage! New Electrical panels, French Drains added as well! The driveway is long and hardscaped all the way to the back for plenty of parking, or opportunities to make a play area for kids or BBQ entertainment area for adults....the possibilities are endless, there is truly nothing like it in this great area of Lawndale, a stones throw away from Redondo Beach, restaurants, the beach and Strand, freeway access, Spacex and close to Silicon beach businesses for a short commute! With over a 5% Cap Rate....this is an investors dream!!

Last Agent to Sell the Property

Heidi Ludwig

Redfin Corporation License #01400091 Listed on: 01/20/2022

Redfin Corporation

Last Buyer's Agent

Grace Chow

Compass License #01148331

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,269

Year Built

  • Built in 1940

Lot Details

  • 4,588 Sq Ft Lot
  • No Common Walls
  • Back and Front Yard

Parking

  • 4 Open Parking Spaces
  • 1 Car Garage

Home Design

  • 2,003 Sq Ft Home

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Additional Features

  • Laundry Room
  • Exterior Lighting
  • Suburban Location
  • Forced Air Heating System

Listing and Financial Details

  • Tax Lot 27
  • Tax Tract Number 5568
  • Assessor Parcel Number 4081018004
  • $737 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $3,600
  • Fuel Expense $2,100
  • Insurance Expense $500
  • Trash Expense $360
  • Water Sewer Expense $1,200
  • Operating Expense $7,760
  • Gross Income $77,220
  • Net Operating Income $73,620

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,269

Year Built

Built in 1940

Lot Details

0

Parking

1

Listing Details

  • Price Per Unit: 599500
  • Property Attached: No
  • Water Sewer Expenses: 1200.00
  • Zoning: LNR2YY
  • Property Type: Residential Income
  • Parcel Number: 4081018004
  • Year Built: 1940
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 651.52

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 5.00
  • Uncovered Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Forced Air
  • Laundry Features: In Closet
  • Sewer: Public Sewer
  • Trash Expense: 360.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard
  • Lot Size Sq Ft: 4588.00
  • Lot Size Acres: 0.1053

Multi Family

  • Electric Expense: 3600.00
  • Fuel Expense: 2100.00
  • Gross Income: 77220.00
  • Gross Scheduled Income: 77220.00
  • Insurance Expense: 500.00
  • Lot Size Area: 4588.0000 Square Feet
  • Net Operating Income: 73620.00
  • 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: 3600.00
  • Rent Control: No
  • Total Actual Rent: 6435.00
  • Total Expenses: 7760.00

Tax Info

  • Tax Census Tract: 6040.02
  • Tax Lot: 27
  • Tax Tract Number: 5568
  • TaxOtherAnnualAssessmentAmount: 737.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 20, 2022
Closed on
Feb 23, 2022
Sold by
Bacchus Fund Llc
Bought by
Hu Vicky C
Seller's Agent
Heidi Ludwig
Redfin Corporation
Buyer's Agent
Grace Chow
Compass
List Price
$1,199,000
Sold Price
$1,305,000
Premium/Discount to List
$106,000
8.84%
Current Estimated Value
$1,283,903

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$21,097
Avg. Annual Appreciation
0.34%
Original Mortgage
$540,000
Outstanding Balance
$503,336
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$817,225

Purchase Details

Listed on
Sep 27, 2017
Closed on
Feb 6, 2018
Sold by
Olguin Margaret and Alvarez 2008 Family Trust
Bought by
Bacchus Fund Llc
Seller's Agent
Lara Boyko
Skyline Realty Group
Buyer's Agent
David Smith
List Price
$688,888
Sold Price
$470,000
Premium/Discount to List
-$218,888
-31.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.84%

Purchase Details

Closed on
Feb 5, 2009
Sold by
Alvarez Silvino A
Bought by
Alvarez Silvino A and The Alvarez 2008 Family Trust
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
Hu Vicky C $1,305,000 Usa National Title
Hu Vicky C $1,305,000 Usa National Title
Bacchus Fund Llc $470,000 None Available
Alvarez Silvino A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hu Vicky C $540,000
Closed Hu Vicky C $540,000
Previous Owner Alvarez Silvino A $140,000
Previous Owner Alvarez Silvino A $100,000
Previous Owner Alvarez Silvino A $73,400
Previous Owner Alvarez Silvino A $75,100
Previous Owner Alvarez Silvino A $25,000
Previous Owner Alvarez Silvino A $80,000
Previous Owner Alvarez Silvino A $79,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/25/2022 02/25/22 Sold $1,305,000 +8.8% $652 / Sq Ft
01/20/2022 01/20/22 For Sale $1,199,000 +155.1% $599 / Sq Ft
02/16/2018 02/16/18 Sold $470,000 -10.5% $466 / Sq Ft
01/16/2018 01/16/18 Price Changed $525,000 -6.3% $521 / Sq Ft
11/17/2017 11/17/17 Price Changed $560,000 -18.7% $556 / Sq Ft
09/27/2017 09/27/17 For Sale $688,888 -- $683 / 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 $17,269 $1,384,875 $742,845 $642,030
2024 $17,269 $1,357,722 $728,280 $629,442
2023 $16,395 $1,331,100 $714,000 $617,100
2022 $6,800 $503,933 $343,104 $160,829
2021 $6,625 $494,053 $336,377 $157,676
2020 $6,637 $488,988 $332,928 $156,060
2019 $6,385 $479,400 $326,400 $153,000
2018 $1,179 $52,735 $26,044 $26,691
2016 $1,097 $50,689 $25,034 $25,655
2015 $1,075 $49,928 $24,658 $25,270
2014 $1,081 $48,950 $24,175 $24,775
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB22012152

California Regional Multiple Listing Service (CRMLS)

APN: 4081-018-004