NOT LISTED FOR SALE

1108 W 166th St Gardena, CA 90247

10 Beds
8 Baths
4,810 Sq Ft
7,876 Sq Ft Lot

Last Sold March 07, 2023

Last sale price $1,325,000 $275 Per Sq Ft

80 Days on Market

About This Home

As of March 2023

Improved Pricing! $300,000 reduction. Central South Bay location. Close proximity to 91/110/405 Freeway. Excellent unit mix consisting of (Six) 1 Bed / 1 Bath, (Two) 2 Bed / 1 Bath. Built in 1960, the building is approx. 4,810 Sq.Ft., situated on a 7,876 Sq. Ft lot. Ample parking with gated garages. Fully occupied with all the tenants on M-M leases. Rents are extremely low, significant upside!! Please see the setup / pro-forma. Expenses are not actual (estimated) as trustee does not have actual numbers available. See Supplements for Pro-Forma.

Last Agent to Sell the Property

Scott Briscoe

Estate Properties License #01753474 Listed on: 10/21/2022

Co-Listed By

John Briscoe

Estate Properties License #00692202

Last Buyer's Agent

Derek Fowler

Re/Max Commercial & Investment License #01319692

Re/Max Commercial & Investment

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Lot Details

  • 7,876 Sq Ft Lot
  • Two or More Common Walls
  • Density is 6-10 Units/Acre

Parking

  • 4 Car Garage

Home Design

  • Apartment

Interior Spaces

  • 4,810 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 8 Bathrooms

Listing and Financial Details

  • Tax Lot 18
  • Tax Tract Number 22
  • Assessor Parcel Number 6111009022
  • $1,882 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 8 Units

Building Details

  • Rent Control
  • Water Sewer Expense $1,600
  • Operating Expense $1,600
  • Gross Income $68,300
  • Net Operating Income $68,300

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

0

Parking

4

Listing Details

  • Other Phone Description: Agent Cell
  • Other Phone Number: 3102931705
  • Price Per Unit: 206250
  • Property Attached: Yes
  • Water Sewer Expenses: 1600.00
  • Zoning: GAR3
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 6111009022
  • Year Built: 1960
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 275.47

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 6-10 Units/Acre
  • Lot Size Sq Ft: 7876.00
  • Lot Size Acres: 0.1808
  • Latitude Manual: 33.87975600

Multi Family

  • Gross Income: 68300.00
  • Gross Scheduled Income: 69900.00
  • Lot Size Area: 7876.0000 Square Feet
  • Net Operating Income: 68300.00
  • Number Of Units Total: 8
  • Operating Expense: 1600.00
  • Rent Control: Yes
  • Total Expenses: 1600.00

Tax Info

  • Tax Census Tract: 6031.02
  • Tax Lot: 18
  • Tax Tract Number: 022
  • TaxOtherAnnualAssessmentAmount: 1882.00

Range of Values:

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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

Property History

Date Event Price Change Sq Ft Price
03/07/2023 03/07/23 Sold $1,325,000 -19.7% $275 / Sq Ft
01/09/2023 01/09/23 Pending -- -- --
11/22/2022 11/22/22 Price Changed $1,650,000 -15.4% $343 / Sq Ft
10/21/2022 10/21/22 For Sale $1,950,000 -- $405 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB22227411

California Regional Multiple Listing Service (CRMLS)