NOT LISTED FOR SALE

4713 W 161st St Lawndale, CA 90260

Estimated Value: $916,000 - $1,060,747

4 Beds
2 Baths
1,574 Sq Ft
$617/Sq Ft Est. Value

Last Sold August 11, 2016

Last sale price $600,000 $381 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $5,845/month

13 Days on Market

About This Home

As of August 2016

Great investment opportunity with this Lawndale duplex located just off the 405 freeway at Inglewood Ave. Featuring (2) 2 bedroom, 1 bath SFRs on a
spacious, shared lot, 2 garage spaces and a long driveway for plenty of parking. Each unit comes with a private yard, washer/dryer hook ups and a covered rear patio. This is a great opportunity for an owner user or savvy investor.

Last Agent to Sell the Property

Brett Lyon

Lyon Stahl Investment Real Estate, Inc. License #01717818 Listed on: 06/24/2016

Lyon Stahl Investment Real Estate, Inc.

Co-Listed By

Woody Stahl

Lyon Stahl Investment Real Est License #01399621

Last Buyer's Agent

Nick Wolf

N. Wolf Real Estate License #00471217

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,162

Year Built

  • Built in 1961

Lot Details

  • 5,849 Sq Ft Lot
  • No Common Walls
  • Private Yard

Parking

  • 2 Car Garage

Home Design

  • 1,574 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Listing and Financial Details

  • Tax Lot 70
  • Tax Tract Number 5652
  • Assessor Parcel Number 4080005018

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $2,047
  • Trash Expense $350
  • Water Sewer Expense $450
  • New Taxes Expense $7,188
  • Operating Expense $12,633
  • Gross Income $2,330
  • Net Operating Income $13,929

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,162

Year Built

Built in 1961

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 450.00
  • Property Type: Residential Income
  • Parcel Number: 4080005018
  • Year Built: 1961
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 381.19

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Trash Expense: 350.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Yard
  • Lot Size Sq Ft: 5849.00
  • Price Per Lot Square Foot: 102.58
  • Lot Size Acres: 0.1340

Multi Family

  • Gross Income: 2330.00
  • Gross Scheduled Income: 27960.00
  • Insurance Expense: 2047.00
  • Lot Size Area: 5849.0000 Square Feet
  • Net Operating Income: 13929.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 12633.00
  • Rent Control: No
  • Total Expenses: 12633.00

Tax Info

  • New Taxes Expense: 7188.00
  • Tax Lot: 70
  • Tax Tract Number: 5652

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2016
Closed on
Jul 8, 2016
Sold by
Mcintire John A
Bought by
Wilson Rodney Lee
Seller's Agent
Brett Lyon
Lyon Stahl Investment Real Estate, Inc.
Buyer's Agent
Nick Wolf
N. Wolf Real Estate
List Price
$575,000
Sold Price
$600,000
Premium/Discount to List
$25,000
4.35%
Current Estimated Value
$970,687

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$370,687
Avg. Annual Appreciation
5.36%
Original Mortgage
$408,000
Outstanding Balance
$184,286
Interest Rate
3.48%
Mortgage Type
New Conventional
Estimated Equity
$786,401
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
Wilson Rodney Lee $600,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wilson Rodney Lee $408,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/11/2016 08/11/16 Sold $600,000 +4.3% $381 / Sq Ft
07/07/2016 07/07/16 Pending -- -- --
06/24/2016 06/24/16 For Sale $575,000 -- $365 / 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 $9,162 $696,346 $348,173 $348,173
2024 $9,162 $682,694 $341,347 $341,347
2023 $8,679 $669,308 $334,654 $334,654
2022 $8,683 $656,186 $328,093 $328,093
2021 $8,460 $643,320 $321,660 $321,660
2020 $8,477 $636,724 $318,362 $318,362
2019 $8,151 $624,240 $312,120 $312,120
2018 $7,943 $612,000 $306,000 $306,000
2016 $4,244 $315,277 $161,681 $153,596
2015 $4,137 $310,542 $159,253 $151,289
2014 $4,118 $304,460 $156,134 $148,326
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB16136969

California Regional Multiple Listing Service (CRMLS)

APN: 4080-005-018