NOT LISTED FOR SALE

4705 W 173rd St Lawndale, CA 90260

9 Beds
6 Baths
3,860 Sq Ft
5,924 Sq Ft Lot

Last Sold November 23, 2012

Last sale price $805,000 $209 Per Sq Ft

3 Days on Market

Highlights

  • Colonial Architecture
  • Jane Addams Middle School Rated 9+
  • No Heating

About This Home

As of November 2012

WOW 6 units with a positive cash flow that is NOT a short sale!!! What a great investment!!! Close to FWY and shopping, Call your agent to see this property!!!

Last Agent to Sell the Property

James Harvey

American Realty Services License #01245563 Listed on: 10/19/2012

Last Buyer's Agent

Grace Lee

The Realestate Group License #00862660

The Realestate Group

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1961

Lot Details

  • 5,945 Sq Ft Lot

Parking

  • 6 Parking Spaces

Home Design

  • 3,860 Sq Ft Home
  • Colonial Architecture

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 6 Bathrooms

Utilities

  • No Heating
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 797
  • Tax Tract Number 5568
  • Assessor Parcel Number 4081007015

Community Details

Overview

  • 6 Units

Building Details

  • 6 Leased Units
  • 6 Separate Electric Meters
  • 6 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $660
  • Gardener Expense $600
  • Insurance Expense $600
  • Other Expense $12,000
  • Pest Control $432
  • Trash Expense $1,200
  • Water Sewer Expense $2,820
  • New Taxes Expense $200
  • Gross Income $3,421
  • Net Operating Income $27,648

Property Details

Home Type

Multi-Family

Year Built

Built in 1961

Lot Details

5,945 Sq Ft Lot

Listing Details

  • Assessments: No
  • CapRate: 3.46
  • View: No
  • Water Sewer Expenses: 2820.00
  • Architectural Style: Colonial
  • Property Type: Residential Income
  • Gardener Expense: 600.00
  • Parcel Number: 4081007015
  • Year Built: 1961
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Appliances: No
  • Levels: Two
  • Price Per Square Foot: 208.55

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Parking: No
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Sewer Connected
  • Heating: No
  • Laundry: No
  • Pest Control Expense: 432.00
  • Sewer: Sewer Paid
  • Trash Expense: 1200.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 5945.00
  • Lot Size Acres: 0.1360

Multi Family

  • Electric Expense: 660.00
  • Gross Income: 3421.00
  • Gross Multiplier: 11.63
  • Gross Scheduled Income: 68700.00
  • Insurance Expense: 600.00
  • Lot Size Area: 5945.0000 Square Feet
  • Net Operating Income: 27648.00
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 6
  • Number Of Units Total: 6
  • Operating Expense: 27648.00
  • Other Expense: 12000.00
  • Other Expense Description: 156
  • Total Actual Rent: 68700.00

Tax Info

  • New Taxes Expense: 200.00
  • Tax Area: 5164
  • Tax Lot: 797
  • Tax Tract Number: 5568
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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 List to Sale Price per Sq Ft
11/23/2012 11/23/12 Sold $805,000 +0.8% $209 / Sq Ft
10/22/2012 10/22/12 Pending -- -- --
10/19/2012 10/19/12 For Sale $799,000 -- $207 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $23,876 $1,820,521 $512,020 $1,308,501
2024 $23,876 $1,784,826 $501,981 $1,282,845
2023 $22,606 $1,749,831 $492,139 $1,257,692
2022 $22,618 $1,715,522 $482,490 $1,233,032
2021 $22,055 $1,681,885 $473,030 $1,208,855
2019 $21,252 $1,632,000 $459,000 $1,173,000
2018 $20,912 $1,600,000 $450,000 $1,150,000
2016 $11,353 $837,387 $468,105 $369,282
2015 $11,069 $824,810 $461,074 $363,736
2014 $11,015 $808,654 $452,043 $356,611
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: S715487

California Regional Multiple Listing Service (CRMLS)
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