NOT LISTED FOR SALE

4705 W 173rd St Lawndale, CA 90260

9 Beds
6 Baths
3,860 Sq Ft
5,945 Sq Ft Lot

Sale Details

Date 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

Ownership 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 Name Owned For Owner Type

Purchase Details

Closed on
Jul 21, 2017
Sold by
Bought by

Purchase Details

Closed on
Jun 27, 2017
Sold by
Bought by

Purchase Details

Listed on
Oct 19, 2012
Closed on
Oct 24, 2012
Sold by
Bought by
Seller's Agent
James Harvey
American Realty Services
Buyer's Agent
Grace Lee
The Realestate Group
List Price
$799,000
Sold Price
$805,000
Premium/Discount to List
$6,000
0.75%

Purchase Details

Closed on
Apr 25, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,000
Interest Rate
0.0611%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 14, 2005
Sold by
Bought by

Purchase Details

Closed on
Mar 5, 2005
Sold by
Bought by

Purchase Details

Closed on
Aug 22, 1996
Sold by
Bought by
Source: Public Records
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase 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 Buyer Sale Price Title Company
$1,600,000 North American Title Company
$1,500,000 North American Title Company
$805,000 Calcounties Title Nation
-- Investors Title Company
-- --
-- --
-- --
-- --
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Closed $158,000
Source: Public Records

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
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

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 $24,695 $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

  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: S715487

California Regional Multiple Listing Service (CRMLS)
Your Personal Tour Guide

Ask me questions while you tour the home.