NOT LISTED FOR SALE

4608 W 173rd St Lawndale, CA 90260

Lawndale Area
20 Beds
10 Baths
10,636 Sq Ft
0.26 Acre Lot

Sale Details

Date Sold: April 16, 2021

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

11 Days on Market

Highlights

  • All Bedrooms Downstairs
  • 0.26 Acre Lot
  • Property is near public transit
  • Jane Addams Middle School Rated 9+
  • Contemporary Architecture
  • No HOA

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

General NONMEMBER

NONMEMBER MRML

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,988

Year Built

  • Built in 1964

Lot Details

  • 11,375 Sq Ft 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

0.26 Acres

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
  • 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

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $22,904 $1,656,118 $663,530 $992,588
2024 $22,002 $1,623,646 $650,520 $973,126
2023 $20,845 $1,591,811 $637,765 $954,046
2022 $20,852 $1,560,600 $625,260 $935,340
2021 $9,477 $618,869 $151,984 $466,885
2020 $9,489 $612,524 $150,426 $462,098
2019 $9,165 $600,515 $147,477 $453,038
2018 $8,961 $588,741 $144,586 $444,155
2016 $8,297 $565,881 $138,972 $426,909
2015 $8,100 $557,382 $136,885 $420,497
2014 $8,072 $546,465 $134,204 $412,261
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB21045674

California Regional Multiple Listing Service (CRMLS)
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