NOT LISTED FOR SALE

4224 W 159th St Lawndale, CA 90260

Estimated Value: $1,032,000 - $1,066,000

4 Beds
2 Baths
1,812 Sq Ft
$580/Sq Ft Est. Value

Last Sold December 27, 2024

Last sale price $1,065,000 $588 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $6,701/month

44 Days on Market

Highlights

  • City Lights View
  • No HOA
  • Laundry Room
  • Wood Flooring
  • Cooling System Mounted To A Wall/Window
  • 3-minute walk to Rogers-Anderson Park

About This Home

As of December 2024

DUAL OPPERTUNITY! In the heart of Southbay next to Manhattan Beach Blvd. ***BOTH UNITS VACANT****

Investors Dream of positive cash flow and Buyers to rent one and live in the 2nd Unit. Both units completly remodeled and transformed from celings to the floor all rooms including Kitchens to the Batrooms. Immaculate Duplex perfectly located close to LAX airport next to Manhattan Beach Blvd.-Hawthorne Blvd intersection and 405 Ramp 4224 and 4226 Each unit has 2 Bedrooms and 1 Bath. and 2 Car Garage plus both homes with a long Driveway each with unto 3 cars parking space. Both homes with its nice and clean private backyard. These units are in turn key condition, ready for buyers! Perfect for a first time homeowners looking to invest and live in 1 and rent the other or for investor opportunity to rent both units. Few blocks from El Camino College. So so close to Manhattan Beach and Redondo Beach just a hop skip away. Ride your bike to the BEACH Less than 5 mins aways from South Bay Galleria Mall, Grocery Markets, Shops and Restaurants.

Last Listed By

Vishesh Sharma

Century 21 Union Realty Brokerage Phone: 310-803-7755 License #01984033 Listed on: 07/11/2024

Century 21 Union Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,109

Year Built

  • Built in 1957

Lot Details

  • 5,605 Sq Ft Lot
  • No Common Walls
  • Block Wall Fence
  • Density is 2-5 Units/Acre

Parking

  • 2 Car Garage
  • Parking Available
  • Auto Driveway Gate
  • Combination Of Materials Used In The Driveway

Property Views

  • City Lights
  • Neighborhood

Home Design

  • Duplex
  • Shingle Roof

Interior Spaces

  • 1,812 Sq Ft Home
  • 1-Story Property

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas
  • Wall Furnace
  • Natural Gas Connected
  • Cable TV Available

Additional Features

  • Exterior Lighting
  • Urban Location

Listing and Financial Details

  • Legal Lot and Block 128 / C010
  • Tax Tract Number 7422
  • Assessor Parcel Number 4074005013
  • $1 per year additional tax assessments

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
  • Insurance Expense $1,250
  • Trash Expense $576
  • Water Sewer Expense $1,080
  • Operating Expense $13,099
  • Gross Income $67,200
  • Net Operating Income $54,101

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,109

Year Built

Built in 1957

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Price Per Unit: 544500
  • Property Attached: No
  • Road Frontage Type: City Street
  • View: Yes
  • Water Sewer Expenses: 1080.00
  • Zoning: LNR2YY
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 4074005013
  • Year Built: 1957
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Entry Location: Front Street
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile, Wood
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 587.75
  • Room Type: All Bedrooms Down

Exterior Features

  • View: City Lights, Neighborhood
  • Fence: Yes
  • Fencing: Block
  • Pool Private: No
  • Roof: Shingle
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Auto Driveway Gate, Driveway - Combination, Concrete, Garage
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Natural Gas, Wall Furnace
  • Laundry Features: In Kitchen
  • Sewer: Public Sewer
  • Trash Expense: 576.00
  • Water Source: Public
  • Cooling: Electric, Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size: 5605
  • Lot Size Sq Ft: 5605.00
  • Lot Size Acres: 0.1287

Multi Family

  • Gross Income: 67200.00
  • Gross Scheduled Income: 67200.00
  • Insurance Expense: 1250.00
  • Lot Size Area: 5605.0000 Square Feet
  • Net Operating Income: 54101.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Number Wall A C: 1
  • Number With Range: 1
  • Number With Refrigerator: 1
  • Operating Expense: 13099.00
  • Rent Control: No
  • Total Actual Rent: 5600.00
  • Total Expenses: 13099.00

Tax Info

  • Tax Area: 5164
  • Tax Block: C010
  • Tax Census Tract: 6041.01
  • Tax Lot: 128
  • Tax Tract: 7422 LOT 128
  • Tax Tract Number: 7422
  • TaxOtherAnnualAssessmentAmount: 1.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2024
Closed on
Dec 19, 2024
Sold by
Desai Prashant and Desai Raj
Bought by
Singh Palwinder
Seller's Agent
Vishesh Sharma
Century 21 Union Realty
Buyer's Agent
Vishesh Sharma
Century 21 Union Realty
List Price
$1,089,000
Sold Price
$1,065,000
Premium/Discount to List
-$24,000
-2.2%
Total Days on Market
44
Views
21
Current Estimated Value
$1,051,849

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$13,151
Avg. Annual Appreciation
-3.70%
Original Mortgage
$735,000
Outstanding Balance
$733,102
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$318,747

Purchase Details

Listed on
Nov 30, 2023
Closed on
Feb 7, 2024
Sold by
Anitha Venkataswamaiah Trust
Bought by
Desai Prashant and Desai Raj
Seller's Agent
Vishesh Sharma
Century 21 Union Realty
Buyer's Agent
Vishesh Sharma
Century 21 Union Realty
List Price
$839,000
Sold Price
$860,000
Premium/Discount to List
$21,000
2.5%
Views
72

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
32.98%
Original Mortgage
$602,000
Interest Rate
6.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 19, 2020
Sold by
Venkataswamaiah Anitha
Bought by
Venkataswamaiah Anitha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$422,500
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 20, 2017
Closed on
Aug 31, 2017
Sold by
Belay Lidia Teclu and The Lidia Teclu Belay Living T
Bought by
Venkataswamaiah Anitha
Seller's Agent
Feven Belay
The Realestate Group
Buyer's Agent
Dave Salzman
Engel & Völkers LA South Bay
List Price
$695,000
Sold Price
$685,000
Premium/Discount to List
-$10,000
-1.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.85%
Original Mortgage
$510,000
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 8, 2011
Sold by
Belay Lidia T
Bought by
Belay Lidia Teclu and The Lidia Teclu Belay Living T

Purchase Details

Closed on
Oct 3, 2008
Sold by
Garcia Juan
Bought by
Belay Lidia T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,750
Interest Rate
6.04%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 20, 2006
Sold by
Macedo Cesar and Macedo Rita
Bought by
Garcia Juan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$568,000
Interest Rate
7.77%
Mortgage Type
Balloon

Purchase Details

Closed on
Nov 17, 2001
Sold by
Watts Karen and Jones Charles M
Bought by
Macedo Cesar and Macedo Rita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,500
Interest Rate
7.15%

Purchase Details

Closed on
Mar 16, 1994
Sold by
Boisvert Bruce R and Boisvert Bonnie
Bought by
Watts Karen and Jones Charles M

Range of Values:

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Average Value
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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
Singh Palwinder $1,065,000 Ticor Title Company Of Califor
Singh Palwinder -- Ticor Title Company Of Califor
Desai Prashant $860,000 Ticor Title Company Of Califor
Venkataswamaiah Anitha -- None Available
Venkataswamaiah Anitha $685,000 Stewart Title
Belay Lidia Teclu -- None Available
Belay Lidia T $449,000 Landamerica Title
Garcia Juan $710,000 Fidelity Title Company
Macedo Cesar $270,000 First American Title Co
Watts Karen -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Singh Palwinder $735,000
Closed Singh Palwinder $735,000
Previous Owner Desai Prashant $602,000
Previous Owner Venkataswamaiah Anitha $422,500
Previous Owner Venkataswamaiah Anitha $510,000
Previous Owner Belay Lidia T $336,000
Previous Owner Belay Lidia T $336,750
Previous Owner Garcia Juan $568,000
Previous Owner Macedo Cesar $97,000
Previous Owner Macedo Cesar $246,000
Previous Owner Macedo Cesar $70,000
Previous Owner Macedo Cesar $26,680
Previous Owner Macedo Cesar $256,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/27/2024 12/27/24 Sold $1,065,000 -2.2% $588 / Sq Ft
11/15/2024 11/15/24 Price Changed $1,089,000 0.0% $601 / Sq Ft
08/25/2024 08/25/24 Pending -- -- --
08/22/2024 08/22/24 For Sale $1,089,000 +2.3% $601 / Sq Ft
07/16/2024 07/16/24 Off Market $1,065,000 -- --
07/11/2024 07/11/24 For Sale $1,089,000 +2.3% $601 / Sq Ft
06/23/2024 06/23/24 Off Market $1,065,000 -- --
03/28/2024 03/28/24 Sold $860,000 +2.5% $533 / Sq Ft
01/18/2024 01/18/24 Pending -- -- --
01/05/2024 01/05/24 For Sale $839,000 0.0% $520 / Sq Ft
01/03/2024 01/03/24 Price Changed $839,000 0.0% $520 / Sq Ft
12/06/2023 12/06/23 Pending -- -- --
11/30/2023 11/30/23 For Sale $839,000 +22.5% $520 / Sq Ft
10/12/2017 10/12/17 Sold $685,000 -1.4% $425 / Sq Ft
09/13/2017 09/13/17 For Sale $695,000 0.0% $431 / Sq Ft
08/23/2017 08/23/17 Pending -- -- --
08/20/2017 08/20/17 For Sale $695,000 -- $431 / 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
2024 $10,109 $764,126 $485,249 $278,877
2023 $9,568 $749,144 $475,735 $273,409
2022 $9,573 $734,456 $466,407 $268,049
2021 $9,325 $720,056 $457,262 $262,794
2020 $9,344 $712,674 $452,574 $260,100
2019 $8,981 $698,700 $443,700 $255,000
2018 $8,808 $685,000 $435,000 $250,000
2016 $6,231 $488,428 $326,345 $162,083
2015 $6,070 $481,092 $321,443 $159,649
2014 $6,033 $471,669 $315,147 $156,522
Source: Public Records

Agents Affiliated with this Home

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB24119647

California Regional Multiple Listing Service (CRMLS)

APN: 4074-005-013