NOT LISTED FOR SALE

4723 W 169th St Lawndale, CA 90260

Estimated Value: $1,116,000 - $1,404,000

6 Beds
4 Baths
2,312 Sq Ft
$554/Sq Ft Est. Value

Last Sold January 05, 2024

Last sale price $1,248,000 $540 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $7,992/month

Highlights

  • Quartz Countertops
  • Neighborhood Views
  • Laundry Room
  • No HOA
  • Recessed Lighting
  • Central Heating and Cooling System

About This Home

As of January 2024

First time this remarkable property has been on the market in 46 years! Welcome to your dream single level multifamily property in the enchanting South Bay! Located at 4723 and 4725 in Lawndale, you will relish in the proximity to the Beach, where sandy shores and crashing waves await your exploration. Less than 4 Miles from your front door to the Pacific Ocean and the Manhattan Beach Pier! With two exquisite individual Three Bedroom Two Full Bath units and a spacious three car garage with conversion potential for a third rental unit. If you decide to convert the garage, you will still have ample on-site parking. The individually metered units provide flexibility and ease of management, making it an ideal investment opportunity or a place to call home. Live in a Beautiful Home While Collecting Rent from the Other Unit! Enveloped in brand new features throughout, including elegant kitchens with lots of counter space, new appliances and spacious pantries. The living areas are adorned with custom mantles and wood-burning fireplaces, creating a cozy and inviting atmosphere. Bask in the warm glow as you unwind after a long day, or relish in the joy of hosting intimate gatherings. With new central heat and air in each unit, your comfort is assured year-round. No HOA. Close to the Alondra Golf Course, Alondra Park, South Bay Galleria, freeways and the Coastline! This property truly embodies endless possibilities!

Last Agent to Sell the Property

Allison Lozano

Rise Realty License #01945726 Listed on: 12/05/2023

Rise Realty

Last Buyer's Agent

Carroll Mceachern

Coldwell Banker Realty License #00917133

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,387

Year Built

  • Built in 1977

Lot Details

  • 5,805 Sq Ft Lot
  • No Common Walls
  • Rectangular Lot

Parking

  • 3 Car Garage
  • Parking Available
  • Three Garage Doors
  • Driveway

Home Design

  • Duplex

Interior Spaces

  • 2,312 Sq Ft Home
  • 1-Story Property
  • Recessed Lighting
  • Living Room with Fireplace
  • Neighborhood Views

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Quartz Countertops
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Additional Features

  • Suburban Location
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 339
  • Tax Tract Number 5568
  • Assessor Parcel Number 4081003021

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $2,400
  • Insurance Expense $1,500
  • Trash Expense $1,800
  • Water Sewer Expense $2,000
  • Operating Expense $7,700
  • Gross Income $102,000
  • Net Operating Income $94,300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,387

Year Built

Built in 1977

Lot Details

0

Parking

3

Listing Details

  • Assessments: Yes
  • Price Per Unit: 624000
  • Property Attached: No
  • View: Yes
  • Water Sewer Expenses: 2000.00
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 4081003021
  • Year Built: 1977
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Quartz Counters, Recessed Lighting
  • Stories: 1
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 539.79
  • Room Type: Kitchen, Living Room, Main Floor Bedroom, Main Floor Primary Bedroom, Primary Bathroom, Primary Bedroom

Exterior Features

  • View: Neighborhood
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Driveway, Garage - Three Door
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Range, Microwave
  • Heating Type: Central, Fireplace(s)
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Trash Expense: 1800.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Rectangular Lot
  • Lot Size Sq Ft: 5805.00
  • Lot Size Acres: 0.1333

Multi Family

  • Electric Expense: 2400.00
  • Gross Income: 102000.00
  • Gross Scheduled Income: 8500.00
  • Insurance Expense: 1500.00
  • Lot Size Area: 5805.0000 Square Feet
  • Net Operating Income: 94300.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 7700.00
  • Rent Control: No
  • Total Expenses: 7700.00

Tax Info

  • Tax Lot: 339
  • Tax Tract Number: 5568

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 5, 2023
Closed on
Dec 20, 2023
Sold by
Avenida De Vinedos Condo Luke Llc
Bought by
Rissman Tracey Alayne and Nickless Damion Ray
Seller's Agent
Allison Lozano
Rise Realty
Buyer's Agent
Carroll Mceachern
Coldwell Banker Realty
List Price
$1,248,000
Sold Price
$1,248,000
Current Estimated Value
$1,279,844

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,844
Avg. Annual Appreciation
1.54%
Original Mortgage
$1,048,000
Interest Rate
4%
Mortgage Type
VA

Purchase Details

Closed on
May 4, 2023
Sold by
Leger Leonard J and Leger Debbie L
Bought by
Avenida De Vinedos Condo Luke Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$862,500
Interest Rate
6.39%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 10, 2000
Sold by
Leger Leonard J and Leger Debbie L
Bought by
Leger Leonard J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,250
Interest Rate
3.95%

Purchase Details

Closed on
May 8, 1996
Sold by
Leger Edgar J
Bought by
Leger Edgar J and Leger Leonard J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
8.01%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Date Buyer Sale Price Title Company
Rissman Tracey Alayne $1,248,000 First American Title
Avenida De Vinedos Condo Luke Llc $840,000 First American Title
Leger Leonard J -- Investors Title Company
Leger Edgar J -- South Coast Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rissman Tracey Alayne $1,055,050
Closed Rissman Tracey Alayne $1,048,000
Previous Owner Avenida De Vinedos Condo Luke Llc $862,500
Previous Owner Leger Leonard J $490,000
Previous Owner Leger Leonard J $110,000
Previous Owner Leger Leonard J $57,000
Previous Owner Leger Leonard J $312,000
Previous Owner Leger Leonard J $60,000
Previous Owner Leger Leonard J $273,000
Previous Owner Leger Leonard J $70,900
Previous Owner Leger Leonard J $191,250
Previous Owner Leger Edgar J $130,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/05/2024 01/05/24 Sold $1,248,000 0.0% $540 / Sq Ft
12/05/2023 12/05/23 For Sale $1,248,000 -- $540 / Sq Ft
11/27/2023 11/27/23 Pending -- -- --
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 $12,387 $1,272,960 $826,200 $446,760
2024 $12,387 $942,480 $714,000 $228,480
2023 $2,924 $175,112 $44,592 $130,520
2022 $2,919 $171,679 $43,718 $127,961
2021 $2,846 $168,313 $42,861 $125,452
2019 $2,757 $163,723 $41,591 $122,132
2018 $2,615 $160,522 $40,776 $119,746
2016 $2,429 $153,906 $39,194 $114,712
2015 $2,373 $151,595 $38,606 $112,989
2014 $2,370 $148,626 $37,850 $110,776
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: PW23220873

California Regional Multiple Listing Service (CRMLS)

APN: 4081-003-021