NOT LISTED FOR SALE

4608 W 173rd St Lawndale, CA 90260

20 Beds
10 Baths
10,636 Sq Ft
0.26 Acres

Last Sold April 16, 2021

Last sale price $3,060,000 $288 Per Sq Ft

11 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Contemporary Architecture
  • No HOA
  • 0.26 Acre Lot
  • Property is near public transit
  • 12 Car Direct Access Garage

About This Home

As of April 2021

4604 /4608 W. 173rd Street is a 12 unit building. All units are 2 bedroom and 1 bath. Units are spacious with large bedrooms. Each unit has a one car garage with storage cabinets. Garages in front of the building have one additional driveway parking space. There are 2 laundry rooms, one on each side with 2 washers and 2 dryers in each. Building sits on a cul-de-sac. It is right next to South Bay Galleria mall and public transportation center. Property is close to freeways and restaurants. Hermosa Beach is only 3.2 miles away. Property has been professionally managed and well maintained for the last 27 years.

Last Agent to Sell the Property

Thomas Maxim

Thomas Maxim License #00677270 Listed on: 03/04/2021

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,988

Year Built

  • Built in 1964

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 40x150
  • Property fronts an alley
  • Two or More Common Walls
  • Rectangular Lot
  • Paved or Partially Paved Lot
  • Level Lot
  • Density is 11-15 Units/Acre
  • 4081010005

Parking

  • 12 Car Direct Access Garage
  • 12 Open Parking Spaces
  • Parking Storage or Cabinetry
  • Parking Available
  • Front Facing Garage
  • Rear-Facing Garage
  • Single Garage Door
  • Driveway Down Slope From Street
  • Assigned Parking

Home Design

  • Contemporary Architecture
  • Property Attached
  • Flat Roof Shape
  • Slab Foundation
  • Fire Rated Drywall
  • Frame Construction
  • Rolled or Hot Mop Roof
  • Pre-Cast Concrete Construction
  • Copper Plumbing
  • Plaster
  • Stucco

Interior Spaces

  • 10,636 Sq Ft Home
  • 2-Story Property
  • Blinds
  • Window Screens
  • Living Room

Kitchen

  • Electric Oven
  • Electric Range
  • Formica Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 20 Bedrooms
  • All Bedrooms Down
  • 10 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Location

  • Property is near public transit

Utilities

  • Radiant Heating System
  • Natural Gas Connected
  • Phone Available
  • Satellite Dish
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity
  • Tax Lot 827
  • Tax Tract Number 5568
  • Assessor Parcel Number 4081010006

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 12 Units

Amenities

  • Laundry Facilities

Building Details

  • 12 Leased Units
  • 14 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Electric Expense $1,177
  • Gardener Expense $720
  • Insurance Expense $5,744
  • Maintenance Expense $10,633
  • Pest Control $5,732
  • Professional Management Expense $10,082
  • Trash Expense $5,704
  • Water Sewer Expense $8,960
  • Operating Expense $49,164
  • Gross Income $6,863
  • Net Operating Income $153,072

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,988

Year Built

Built in 1964

Lot Details

0

Parking

12

Listing Details

  • Assessments: Yes
  • CapRate: 3.90
  • Professional Management Expense: 10082.00
  • Property Attached: Yes
  • Road Frontage Type: Alley, City Street
  • Road Surface Type: Alley Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: No
  • Water Sewer Expenses: 8960.00
  • Zoning: LNR3PY
  • Architectural Style: Contemporary
  • Property Type: Residential Income
  • Gardener Expense: 720.00
  • Parcel Number: 4081010006
  • Year Built: 1964
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Copper Plumbing Full, Formica Counters
  • Stories: 2
  • Entry Location: 173rd Street
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Vinyl
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 287.70
  • Room Type: All Bedrooms Down, Kitchen, Living Room, Main Floor Bedroom
  • Window Features: Blinds, Screens

Exterior Features

  • Foundation: Slab
  • Exterior Features: Rain Gutters, Satellite Dish
  • Pool Private: No
  • Roof: Flat, Rolled/Hot Mop
  • Spa: No
  • Construction Materials: Concrete, Drywall Walls, Frame, Glass, Plaster, Stucco

Garage/Parking

  • Garage Spaces: 12.00
  • Parking: Yes
  • Parking Features: Assigned, Built-In Storage, Direct Garage Access, Driveway, Concrete, Driveway Down Slope From Street, Garage, Garage Faces Front, Garage Faces Rear, Garage - Single Door, On Site
  • Total Parking Spaces: 24.00
  • Uncovered Spaces: 12.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Electric Oven, Electric Range
  • Heating Type: Radiant
  • Laundry Features: Common Area, Dryer Included, Gas & Electric Dryer Hookup, Individual Room, Washer Included
  • Pest Control Expense: 5732.00
  • Sewer: Public Sewer
  • Trash Expense: 5704.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: Yes
  • Additional Parcels Description: 4081010005
  • Land Lease: No
  • Lot Features: 11-15 Units/Acre, Lot 10000-19999 Sqft, Rectangular Lot, Level, Near Public Transit, Paved
  • Lot Size: 40x150
  • Lot Size Sq Ft: 11375.00
  • Lot Size Acres: 0.2611

Rental Info

  • Tenant Pays: Cable TV, Electricity

Multi Family

  • Electric Expense: 1177.00
  • Gross Income: 6863.00
  • Gross Operating Income: 194790.00
  • Gross Scheduled Income: 201653.00
  • Insurance Expense: 5744.00
  • Laundry Equipment Own Lease: Own
  • Laundry Income: 6863.00
  • Lot Size Area: 11375.0000 Square Feet
  • Maintenance Expense: 10633.00
  • Net Operating Income: 153072.00
  • Number Of Separate Electric Meters: 14
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 12
  • Number Of Units Total: 12
  • Number With Carpet: 12
  • Number With Disposal: 12
  • Number With Patio: 1
  • Number With Range: 12
  • Operating Expense: 48580.00
  • Rent Control: No
  • Total Actual Rent: 16720.00
  • Total Expenses: 49164.00

Tax Info

  • Tax Area: 5-164
  • Tax Census Tract: 6040.02
  • Tax Lot: 827
  • Tax Tract Number: 5568
  • Tax Annual Amount: 18988.00

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/16/2021 04/16/21 Sold $3,060,000 -12.6% $288 / Sq Ft
03/15/2021 03/15/21 Pending -- -- --
03/04/2021 03/04/21 For Sale $3,500,000 -- $329 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2021

    Thomas Maxim

    Thomas Maxim

    (310) 350-5677

    1 in this area

    8 Total Sales

    Thomas Maxim
    Section Image

  • N

    Buyer's Agent in 2021

    NoEmail NoEmail

    NONMEMBER MRML

    (646) 541-2551

    1 in this area

    5,879 Total Sales

    NoEmail NoEmail
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB21045674

California Regional Multiple Listing Service (CRMLS)
California Los Angeles County Lawndale 90260

4608 W 173rd St, Lawndale, CA

This home is located at 4608 W 173rd St, Lawndale, CA 90260 since 04 March 2021. This property was built in 1964. 4608 W 173rd St is a home located in Los Angeles County with nearby schools including William Green Elementary School, Jane Addams Middle School, and Lawndale High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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