NOT LISTED FOR SALE

1115 W 166th St Gardena, CA 90247

Estimated Value: $1,006,000 - $1,073,630

6 Beds
3 Baths
2,632 Sq Ft
$394/Sq Ft Est. Value

Last Sold September 22, 2017

Last sale price $698,000 $265 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $6,288/month

11 Days on Market

Highlights

  • Private Yard
  • 3 Car Garage
  • Wall Furnace
  • Laundry Room

About This Home

As of September 2017

*TRIPLEX* Rare cash flow triplex in the heart of Gardena. This triplex located in a non rent controlled area with all the features tenants are now looking for. All units are 2 bedrooms & 1 bath with a 3 Car garage. Washer and Dryer hookup available in each unit as well as a private one car garage. Direct access is available in two of the units. Don't miss out.

Last Agent to Sell the Property

Julie Lockwood

Estate Properties License #01269205 Listed on: 07/31/2017

Co-Listed By

Sarah Paris

Estate Properties License #01498894

Last Buyer's Agent

Charles Raine

Coastal Legacy Realty Group License #00982925

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1962

Lot Details

  • 5,824 Sq Ft Lot
  • Two or More Common Walls
  • Private Yard
  • Front Yard

Parking

  • 3 Car Garage
  • Parking Available

Home Design

  • 2,632 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Washer and Electric Dryer Hookup

Additional Features

  • Suburban Location
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 13
  • Assessor Parcel Number 6111004017

Community Details

Overview

  • 3 Units

Building Details

  • 3 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $500
  • Maintenance Expense $1,200
  • Water Sewer Expense $3,240
  • New Taxes Expense $6,000
  • Operating Expense $10,940
  • Gross Income $3,640
  • Net Operating Income $2,815

Property Details

Home Type

Multi-Family

Year Built

Built in 1962

Lot Details

5,824 Sq Ft Lot

Parking

3

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 3240.00
  • Zoning: GAR3
  • Property Type: Residential Income
  • Parcel Number: 6111004017
  • Year Built: 1962
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Levels: One
  • Price Per Square Foot: 265.20

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Yard
  • Lot Size Sq Ft: 5824.00

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average2 Bed Area: 877 Square Feet
  • Gross Income: 3640.00
  • Gross Scheduled Income: 3640.00
  • Insurance Expense: 500.00
  • Maintenance Expense: 1200.00
  • Net Operating Income: 2815.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Operating Expense: 970.00
  • Rent Control: No
  • Total Expenses: 10940.00

Tax Info

  • New Taxes Expense: 6000.00
  • Tax Census Tract: 6031.02
  • Tax Lot: 13
  • Tax Tract Number: 0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 31, 2017
Closed on
Sep 13, 2017
Sold by
Montpas Marc C
Bought by
Montpas Marc C and Montpas Courtney S
Seller's Agent
Julie Lockwood
Estate Properties
Buyer's Agent
Charles Raine
Coastal Legacy Realty Group
Sold Price
$698,000
Current Estimated Value
$1,038,158

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$340,158
Avg. Annual Appreciation
4.78%
Original Mortgage
$518,250
Outstanding Balance
$431,738
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$606,420

Purchase Details

Listed on
Jul 31, 2017
Closed on
Aug 15, 2017
Sold by
Rogers Michael
Bought by
Montpas Marc C and Montpas Courtney S
Seller's Agent
Julie Lockwood
Estate Properties
Buyer's Agent
Charles Raine
Coastal Legacy Realty Group
Sold Price
$698,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$518,250
Outstanding Balance
$431,738
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$606,420

Purchase Details

Closed on
Mar 17, 2011
Sold by
The Elay D Orpilla Living Trust
Bought by
Rogers Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$368,650
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 6, 2007
Sold by
Orpilla Elay D
Bought by
The Elay D Orpilla Living Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Montpas Marc C -- First American Title Company
Montpas Marc C $691,000 First American Title Company
Rogers Michael $435,000 Lawyers Title
The Elay D Orpilla Living Trust -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Montpas Marc C $518,250
Previous Owner Rogers Michael $368,650
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/22/2017 09/22/17 Sold $698,000 -- $265 / Sq Ft
08/11/2017 08/11/17 Pending -- -- --
Source: California Regional Multiple Listing Service (CRMLS)

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 $9,918 $786,233 $479,022 $307,211
2024 $9,918 $770,818 $469,630 $301,188
2023 $9,742 $755,705 $460,422 $295,283
2022 $9,264 $740,889 $451,395 $289,494
2021 $9,165 $726,363 $442,545 $283,818
2019 $8,871 $704,820 $429,420 $275,400
2018 $8,703 $691,000 $421,000 $270,000
2016 $6,048 $470,781 $281,387 $189,394
2015 $5,948 $463,711 $277,161 $186,550
2014 $5,954 $454,628 $271,732 $182,896
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB17169380

California Regional Multiple Listing Service (CRMLS)

APN: 6111-004-017

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