$1,650,000   ♡   Gardena, CA 90249 8 bed 6 bath 4,133 SqFt ($399/SqFt) 6,305SqFt lot. Built 1958 Listed 2024-02-26, Taxes $19,209 | Ⓧ USDA Ineligible due to price & location near Gardena |
Turnkey 5-Unit apartment building located within the core of Gardena situated on a 6
300+ square foot lot. This 4, 133 square foot building has a fantastic unit mix of (1) 3 bed 2 bath, (1) 2 bed 1 bath, (3) 1 bed 1 bath, 5 enclosed garages (rented) and onsite laundry. Stabilizd income stream offering a current cap rate of 4.3 and a market cap rate of 5.2 before factoring value add opportunities and potential new income with ADU addition.
Most major components of building have been modernized copper piping, upgraded electrical, pervious pavers, artificial landscape, dual pane windows, HVAC systems, fully enclosed property with gated entry and state of the art security camera system that can be viewed via online app. Existing landscape requires almost zero monthly maintenance.
Presented by Mark Leddy at
Compass.
Property MLS #SB24039202 from CRMLS
Lot Size Acres: 0.1447429
Lot Size Source: Assessor
Lot Size Square Feet: 6305
Parking Total: 5
Bedrooms in Unit-1: 3
Bedrooms in Unit-2: 2
Bedrooms in Unit-3: 1
Bedrooms in Unit-4: 1
Bedrooms in Unit-5: 1
Total Bathrooms in Unit-1: 2
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 1
Total Bathrooms in Unit-4: 1
Total Bathrooms in Unit-5: 1
Rent Control: Yes
County: Los Angeles
Cap Rate: 4.50
Source Property Type: Residential Income
Insurance Expense: 3200.00
Area: 119 - Central Gardena
Source Neighborhood: 119 - Central Gardena
New Taxes Expense: 20650.00
Number of Separate Electric Meters: 5
Number of Separate Gas Meters: 5
Number of Separate Water Meters: 1
Parcel Number: 4059019034
Postal Code Plus 4: 2729
Professional Management Expense: 6000.00
Trash Expense: 4080.00
Zoning: GAR4
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $622,000 + $800,000 $1,422,000 | $19,209 |
| 2021 | $497,607 + $404,647 $902,254 | $11,896 |
| 2020 | $492,505 + $400,498 $893,003 | $11,987 |
| 2019 | $482,849 + $392,646 $875,495 | $11,528 |
| 2018 | $473,382 + $384,948 $858,330 | $11,355 |
| 2017 | $464,100 + $377,400 $841,500 | $11,083 |
| 2016 | $180,000 + $540,000 $720,000 | $9,495 |
| 2015 | $150,000 + $450,000 $600,000 | $8,064 |
| 2014 | $150,000 + $450,000 $600,000 | $8,215 |
| 2013 | $150,000 + $450,000 $600,000 | $8,213 |
| 2012 | $140,000 + $420,000 $560,000 | $7,913 |
| 2010 | $140,000 + $420,000 $560,000 | $7,810 |
| 2009 | $187,272 + $563,896 $751,168 | $9,730 |
| 2009 | $140,000 + $420,000 $560,000 | $9,730 |
| 2008 | $183,600 + $552,840 $736,440 | $9,313 |
| 2007 | $180,000 + $542,000 $722,000 | $8,988 |
$1,650,000
CRMLS
Sold 2021-10-18
$1,422,000
CRMLS
Listing removed 2020-07-27
$2,795
CRMLS
Listing removed 2020-06-07
$0
CRMLS
Relisted 2020-05-12
$1,575,000
CRMLS
Listing removed 2020-05-05
$0
CRMLS
Relisted 2020-04-24
$1,575,000
CRMLS
Listing removed 2020-04-23
$0
CRMLS
Listed 2020-01-24
$1,575,000
CRMLS
Sold 2016-03-18
$825,000
CRMLS
Listed 2016-01-17
$815,000
CRMLS
Sold 2006-10-03
$722,000
Public Record
Sold 1990-05-22
$320,000
Public Record
Year Built: 1958
Building Features: 1
Common Walls: 2+ Common Walls
Entry Level: 1
Entry Location: Front Door
Foundation Details: Raised
Property Age: 66
Property Attached: Yes
Levels or Stories: Two
Building Total Stories: 2
Structure Type: Apartment
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.