$1,598,700 Valuation Analysis   ♡   Lawndale, CA 90260 9 bed 5 bath 3,538 SqFt ($451/SqFt) 6,794SqFt lot. Built 1964 Listed 2024-03-15, Taxes $9,167 | Ⓧ USDA Ineligible due to price & location near Lawndale |
Own and Thrive in Lawndale - Spacious Units
Prime Location Welcome to this exceptional 4-unit apartment building, a fantastic opportunity for owner-users and investors alike! Situated on a tranquil cul-de-sac street with ample parking, this property offers a relaxed lifestyle. Th sizeable front unit, boasting 3 bedrooms and 2 baths, is perfect for owner occupancy. The remaining 2-bedroom, 1-bath units provide comfortable living spaces for tenants.
Two ADU opportunity for this property. Call agent for details. Enjoy strong returns with a 4.5% CAP rate (BTV) and the flexibility of owner-friendly Lawndale, free from its own rent control ordinances; subject to AB 1482 Statewide Rent Cap The California Tenant Protection Act of 2019. See attached supplement for more information. All of this sits on a generous 6, 794 Sq ft lot, near plentiful dining and shopping options.
Presented by GARY E RICHARDSON at
Strand Hill Properties.
Property MLS #SB24052697 from CRMLS
Lot Size Acres: 0.1559688
Lot Size Source: Assessor
Lot Size Square Feet: 6794
Parking Total: 4
Bedrooms in Unit-1: 3
Bedrooms in Unit-2: 2
Bedrooms in Unit-3: 2
Bedrooms in Unit-4: 2
Total Bathrooms in Unit-1: 2
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 1
Total Bathrooms in Unit-4: 1
Unit-1 Garage Spaces: 1
Unit-2 Garage Spaces: 1
Unit-3 Garage Spaces: 1
Unit-4 Garage Spaces: 1
Tenant Pays: Electricity, Gas
County: Los Angeles
Source Property Type: Residential Income
Area: 112 - North Lawndale
Source Neighborhood: 112 - North Lawndale
Number of Separate Electric Meters: 4
Number of Separate Gas Meters: 4
Number of Separate Water Meters: 1
Parcel Number: 4077014007
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $414,259 + $236,718 $650,977 | $9,167 |
| 2021 | $406,137 + $232,077 $638,214 | $8,941 |
| 2020 | $401,973 + $229,698 $631,671 | $8,955 |
| 2019 | $394,092 + $225,195 $619,287 | $8,627 |
| 2018 | $386,365 + $220,780 $607,145 | $8,405 |
| 2017 | $378,790 + $216,451 $595,241 | $8,018 |
| 2016 | $371,363 + $212,207 $583,570 | $7,809 |
| 2015 | $365,785 + $209,020 $574,805 | $7,612 |
| 2014 | $358,620 + $204,926 $563,546 | $7,575 |
| 2013 | $357,000 + $204,000 $561,000 | $7,306 |
| 2012 | $306,000 + $295,800 $601,800 | $7,721 |
| 2010 | $85,000 + $540,000 $625,000 | $7,792 |
| 2009 | $85,000 + $540,000 $625,000 | $7,687 |
| 2009 | $85,000 + $540,000 $625,000 | $7,687 |
| 2008 | $122,400 + $795,600 $918,000 | $10,831 |
| 2007 | $120,000 + $780,000 $900,000 | $10,639 |
$1,598,700
CRMLS
Listed 2024-03-15
$1,690,000
CRMLS
Sold 2012-03-28
$550,000
ITECH
Listing removed 2012-02-22
$499,900
TheMLSCLAW
Listed 2012-01-30
$499,900
ITECH
Listed 2012-01-30
$499,900
TheMLSCLAW
Listing removed 2011-06-19
$515,000
CRMLS
Listed 2011-06-03
$515,000
CRMLS
Sold 2006-12-28
$900,000
Public Record
Sold 1998-09-25
$284,000
Public Record
Year Built: 1964
Building Features: 1
Common Walls: 2+ Common Walls
Entry Level: 1
Entry Location: ground
Property Age: 60
Property Attached: Yes
Levels or Stories: Two
Building Total Stories: 2
Structure Type: Quadruplex
Year Built Source: Assessor
Water Source: Public
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.