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SOLD 7/28/2022

15122 Freeman Avenue, Lawndale, CA 90260$1,610,000

9
beds
9
baths
3956
ft2
· 9394
ft2 lot
$425 / ft2

Listing provided courtesy of Listing Broker: YVONNE MATLOFF, TSE REALTY & MANAGEMENT SERVIC
Source CRMLS;
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Prime location close to beach, school and LAX. 2002 built three individual units on a lot. All units are three bedrooms and two and one half bath. All three units have long terms tenants. Current rents are below market rent. All units have separate water, gas and electric meters. Tenants pay for their own water and trash. All three properties have tile and carpet throughout. Two units have patio area. Ideal property for investment or owner to live in one and collect rents on two units. Broker/agent does not guarantee accuracy of space footage, lot size, ordinances, zoning, rent control, permits, school district and other information concerning the condition and features of the property. Buyer/agent are advised to verify the accuracy of all information.

HOA

$0/month

On market

23 days

Year built

2002

Property type

Multi-Family

Parking

6

MLS

WS22103500

Price / Sq.Ft.

$425 / ft2

Status

Closed

Buyer’s Brokerage Commission

2%

Home details for 15122 Freeman Avenue

Interior Features & Layout
Appliances
•   
Laundry Details: Inside
•   
Laundry: 1
Rooms Info
•   
Average3 Bed Area Units: Square Feet
•   
Average Studio Area Units: Square Feet
•   
Average2 Bed Area Units: Square Feet
•   
Average1 Bed Area Units: Square Feet
•   
Average3 Bed Area: 1318
Heating & Cooling
•   
Has Heating
•   
Heating Details: Central
Interior Size
•   
Building Area Total: 3956.00
Property, Lot, Community & Exterior Features
Parking Info
•   
Garage Spaces: 6.00
Building Info
•   
Building Area Units: Square Feet
•   
Zoning: LNR2YY
•   
Year Built Source: Assessor
Lot Info
•   
Lot Features: Lot 6500-9999, No Landscaping
•   
Lot Size Source: Assessor
•   
Elevation Units: Feet
•   
Lot Size Acres: 0.2157
•   
Lot Size Area: 9394.0000
•   
Lot Size Units: Square Feet
Community Info
•   
Number Of Buildings: 3
•   
Total Units: 3
Property Features
•   
Common Walls: No Common Walls
Utilities & Other Information
Utilities
•   
Number Of Separate Electric Meters: 3
•   
Number Of Separate Gas Meters: 3
•   
Number Of Separate Water Meters: 3
Water & Sewer Info
•   
Water Source: Public
•   
Sewer: Public Sewer
Listing Details, Costs & Financing Information
Financial Info
•   
Water Sewer Expense: 0.00
•   
Cap Rate: 4.00
•   
Fuel Expense: 0.00
•   
Trash Expense: 0.00
•   
New Taxes Expense: 21000.00
•   
Insurance Expense: 3500.00
•   
Total Expenses: 24500.00
•   
Gross Scheduled Income: 91200.00
•   
Operating Expense: 24500.00
•   
Rent Control Yn: 1
Tax/Assessment Info
•   
Gross Income: 91200.00
•   
Tax Year: 2021
•   
Taxes: 16208.52
Lease Info
•   
Net Operating Income: 66700.00
Listing Info
•   
Status: Closed
Other
•   
Electric Expense: 0.00
Multi Unit Information
Unit 3 Information
•   
Unit 3 Bedrooms: 3
•   
Unit 3 Actual Rent: 2600.00
•   
Unit 3 Total Units: 1
•   
Has Attached Garage
•   
Unit 3 Furnished Units: Unfurnished
•   
Unit 3 Garage Spaces: 2.00
•   
Unit 3 Bathrooms: 3
•   
Unit 3 Total Rent: 2600.00
Unit 2 Information
•   
Unit 2 Actual Rent: 2600.00
•   
Unit 2 Bedrooms: 3
•   
Unit 2 Total Units: 1
•   
Has Attached Garage
•   
Unit 2 Furnished Units: Unfurnished
•   
Unit 2 Bathrooms: 3
•   
Unit 2 Garage Spaces: 2.00
•   
Unit 2 Total Rent: 2600.00
Unit 1 Information
•   
Unit 1 Bedrooms: 3
•   
Unit 1 Total Units: 1
•   
Has Attached Garage
•   
Unit 1 Furnished Units: Unfurnished
•   
Unit 1 Garage Spaces: 2.00
•   
Unit 1 Bathrooms: 3
•   
Unit 1 Actual Rent: 2400.00
•   
Unit 1 Total Rent: 2400.00
Multi Unit Information
•   
# Of Units: 3
•   
Price Per Unit: 560000
School Neighborhood & Directions
Location
•   
Community Features: Sidewalks
School Info
•   
Directions: South of Rosecrans Ave
Other
Calculation
•   
Dom: 24
•   
Cdom: 24

Property History for 15122 Freeman Avenue

07/28/2022
07/28/2022
CRMLS #WS22103500
sold
CRMLS #WS22103500
$1,610,000
--4.17%
06/09/2022
06/09/2022
CRMLS #WS22103500
pending
CRMLS #WS22103500
$1,680,000
05/16/2022
05/16/2022
CRMLS #WS22103500
active
CRMLS #WS22103500
$1,680,000

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