$1,500,000
SOLD MAY 29, 2025

1114 W 155th St Gardena, CA 90247

8 Beds
8 Baths
3,439 Sq Ft
6,305 Sq Ft Lot

Recently Sold

$436 Per Sq Ft

2% Below List Price

3 Days on Market

Highlights

  • Golf Course Community
  • Laundry Room
  • Landscaped
  • Lawn

About This Home

As of May 2025

We are pleased to present 1114 W 155th St, Gardena. Boasting 1987 construction, the 4-unit multifamily property features all spacious 2-bedroom, 2-bathroom units. This well-kept building offers strong current performance with a 5.02% CAP rate and upside potential, reaching a 6.01% CAP rate (Proforma) and GRM of 12.22 (Proforma). The unit mix of 2+2 is very desirable as it appeals to two working professionals and two of the units enjoy private balconies. The property also includes a secure parking garage with 8 spaces, offering excellent ADU potential for added value. Tenants appreciate the on-site laundry facilities and the peace of mind provided by an electronically operated security gate. Located west of Vermont Avenue, this property offers easy access to the 110 Freeway and is just minutes from El Camino College, Alondra Park, and the Alondra Park Golf Course, making it an appealing location for renters. Don’t miss the chance to own a low-maintenance, income-generating asset with no local rent control in one of the South Bay’s most accessible neighborhoods.

Last Agent to Sell the Property

Larson Harley

Lyon Stahl Investment Real Estate, Inc. Brokerage Phone: 949-933-1112 License #02045736 Listed on: 04/21/2025

Lyon Stahl Investment Real Estate, Inc.

Last Buyer's Agent

Anna Kadinowa

Christie's International Real Estate SoCal License #01908285

Christie's International Real Estate SoCal

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,461

Year Built

  • Built in 1987

Lot Details

  • 6,305 Sq Ft Lot
  • Two or More Common Walls
  • Landscaped
  • Lawn

Home Design

  • Property Attached
  • Entry on the 1st floor

Interior Spaces

  • 3,439 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Bathrooms

Parking

  • 8 Parking Spaces
  • 8 Carport Spaces

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number 6113033016
  • $931 per year additional tax assessments
  • Seller Considering Concessions

Community Details

Recreation

  • Golf Course Community

Building Details

  • 5 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $1,200
  • Insurance Expense $1,700
  • Maintenance Expense $2,400
  • Other Expense $5,027
  • New Taxes Expense $19,034
  • Operating Expense $29,361
  • Gross Income $109,140
  • Net Operating Income $76,504

Additional Features

  • 4 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,461

Year Built

Built in 1987

Lot Details

0

Listing Details

  • CapRate: 5.02
  • Price Per Unit: 381250
  • Property Attached: Yes
  • Zoning: GAR4
  • Property Sub Type: Commercial/Residential
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 6113033016
  • Year Built: 1987
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Stories: 2
  • Entry Location: Front
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Price Per Square Foot: 436.17

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 8.00
  • Total Parking Spaces: 8.00

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Golf, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped, Lawn
  • Lot Size Sq Ft: 6305.00
  • Lot Size Acres: 0.1447

Multi Family

  • Gross Income: 109140.00
  • Gross Multiplier: 13.97
  • Gross Operating Income: 105866.00
  • Gross Scheduled Income: 109140.00
  • Insurance Expense: 1700.00
  • Lot Size Area: 6305.0000 Square Feet
  • Maintenance Expense: 2400.00
  • Net Operating Income: 76504.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 29361.00
  • Other Expense: 5027.00
  • Other Expense Description: Utility
  • Rent Control: No
  • Total Expenses: 29361.00
  • Vacancy Allowance: 3274

Tax Info

  • New Taxes Expense: 19034.00
  • Tax Census Tract: 6031.01
  • Tax Lot: 4
  • TaxOtherAnnualAssessmentAmount: 931.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 21, 2025
Closed on
May 3, 2025
Sold by
Munoz Arnulfo and Munoz Catalina
Bought by
Ilichev Alexander and Atwill Tatiana
Seller's Agent
Larson Harley
Lyon Stahl Investment Real Estate, Inc.
Buyer's Agent
Anna Kadinowa
Christie's International Real Estate SoCal
List Price
$1,525,000
Sold Price
$1,500,000
Premium/Discount to List
-$25,000
-1.64%
Views
3
Current Estimated Value
$1,520,401

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,401
Avg. Annual Appreciation
3.94%

Purchase Details

Closed on
Jul 21, 2011
Sold by
Chew James Lawrence and Chew Amy Lee
Bought by
Munoz Arnulfo and Munoz Catalina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
4.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 11, 2002
Sold by
Chew James Lawrence and Chew Amy Lee
Bought by
Chew James Lawrence

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
5.87%

Purchase Details

Closed on
Dec 18, 2001
Sold by
Chew James Lawrence and Chew Amy Lee
Bought by
Chew James Lawrence

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
5.87%

Purchase Details

Closed on
Mar 15, 1996
Sold by
Chew James Lawrence
Bought by
Chew James Lawrence and Chew Amy Lee
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Grant Deed $1,500,000 First American Title Company
Grant Deed $720,000 Ticor Title
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- Fidelity Title
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $360,000 New Conventional
Previous Owner $252,000 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/29/2025 05/29/25 Sold $1,500,000 -1.6% $436 / Sq Ft
04/24/2025 04/24/25 Pending -- -- --
04/21/2025 04/21/25 For Sale $1,525,000 -- $443 / 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
2025 $11,461 $904,350 $584,061 $320,289
2024 $11,461 $886,618 $572,609 $314,009
2023 $11,257 $869,234 $561,382 $307,852
2022 $10,706 $852,191 $550,375 $301,816
2021 $10,591 $835,483 $539,584 $295,899
2019 $10,251 $810,704 $523,581 $287,123
2018 $10,101 $794,809 $513,315 $281,494
2016 $9,643 $763,947 $493,383 $270,564
2015 $9,484 $752,472 $485,972 $266,500
2014 $9,489 $737,733 $476,453 $261,280
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB25087307

California Regional Multiple Listing Service (CRMLS)

APN: 6113-033-016