NOT LISTED FOR SALE

1138 W 164th St Gardena, CA 90247

Estimated Value: $1,279,000 - $2,088,000

6 Beds
4 Baths
2,981 Sq Ft
$577/Sq Ft Est. Value

Last Sold April 27, 2016

Last sale price $1,079,000 $362 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $10,393/month

17 Days on Market

Highlights

  • Wood Flooring
  • Recessed Lighting
  • Landscaped
  • Fireplace in Patio
  • Laundry Room
  • Ceiling Fan

About This Home

As of April 2016

Imagine, 6.1 Cap Rate! Turnkey Totally Remodeled 4 units, Best South Gardena location. One Townhouse style 2 bed owner's unit with 1.5 baths, One lg. 2 bed., Two 1 Bed's. 8 garages on property (2-car garage attached to front owner's unit). Each unit has new Stainless Steel Stove, Microwave, mirrored closets, recessed lighting, ceiling fan, tile or wood or wood laminate flooring, many extras. Total actual income $7090/month. All units totally remodeled, Building newly painted. All Units have their own laundry hook-ups and garage(s), extra income from garage. New concrete apron in alley off garages, Lawn sprinklers/timer. Completely redone inside and out.

Last Agent to Sell the Property

Kenneth Feuer

Home Town Realty License #01060277 Listed on: 02/12/2016

Last Buyer's Agent

Jerry Carew

REMAX AEGIS License #01374136

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,773

Year Built

  • Built in 1949

Lot Details

  • 6,107 Sq Ft Lot
  • Two or More Common Walls
  • Landscaped
  • Front and Back Yard Sprinklers
  • Density is up to 1 Unit/Acre

Parking

  • 8 Car Garage
  • Parking Available
  • Front Facing Garage
  • Rear-Facing Garage

Home Design

  • Property Attached
  • Slab Foundation

Interior Spaces

  • 2,981 Sq Ft Home
  • Ceiling Fan
  • Recessed Lighting
  • Electric Fireplace
  • Gas Fireplace
  • Blinds
  • Window Screens

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • All Upper Level Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage
  • Washer and Gas Dryer Hookup

Home Security

  • Security Lights
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Fireplace in Patio
  • Exterior Lighting
  • Rain Gutters

Location

  • Urban Location

Utilities

  • Heating System Uses Natural Gas
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, water
  • Tax Lot 17
  • Tax Tract Number 6031
  • Assessor Parcel Number 6113018015

Community Details

Overview

  • 2 Buildings
  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 3 Separate Water Meters
  • Gardener Expense $480
  • Insurance Expense $2,400
  • Water Sewer Expense $1,920
  • New Taxes Expense $13,800
  • Gross Income $7,090
  • Net Operating Income $66,420

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,773

Year Built

Built in 1949

Lot Details

0

Parking

8

Listing Details

  • Property Attached: Yes
  • Security: Carbon Monoxide Detector(s), Security Lights, Smoke Detector(s)
  • Water Sewer Expenses: 1920.00
  • Property Type: Residential Income
  • Gardener Expense: 480.00
  • Parcel Number: 6113018015
  • Year Built: 1949
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Ceiling Fan(s), Recessed Lighting
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Tile, Wood
  • Fireplace Features: Electric, Gas, Patio
  • Levels: Two
  • Price Per Square Foot: 361.96
  • Room Type: All Bedrooms Up
  • Window Features: Blinds, Screens

Exterior Features

  • Foundation: Slab
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 8.00
  • Parking: Yes
  • Parking Features: Garage Faces Front, Garage Faces Rear
  • Total Parking Spaces: 16.00

Utilities

  • Utilities: Natural Gas Available, Sewer Available
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Natural Gas, Wall Furnace
  • Laundry Features: Gas Dryer Hookup, In Garage, Inside, Washer Hookup
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Gutters, Sidewalks, Street Lights, Urban

Lot Info

  • Lot Features: 0-1 Unit/Acre, Landscaped, Sprinklers In Front, Sprinklers In Rear, Sprinklers Timer
  • Lot Size Sq Ft: 6107.00
  • Price Per Lot Square Foot: 176.68
  • Lot Size Acres: 0.1400

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Water

Multi Family

  • Gross Income: 7090.00
  • Gross Scheduled Income: 85080.00
  • Insurance Expense: 2400.00
  • Lot Size Area: 6107.0000 Square Feet
  • Net Operating Income: 66420.00
  • Number Of Rented Garages: 1
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 3
  • Number Of Units Total: 4
  • Number With Dishwasher: 1
  • Number With Disposal: 4
  • Number With Patio: 1
  • Number With Range: 4
  • Operating Expense: 18660.00
  • Other Income Description: 1 Gar. rented separately $150
  • Rent Control: No
  • Total Actual Rent: 7090.00

Tax Info

  • New Taxes Expense: 13800.00
  • Tax Lot: 17
  • Tax Tract Number: 6031.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 12, 2016
Closed on
Mar 8, 2016
Sold by
Feuer Kenneth M
Bought by
Redmond George David and Redmond Kelli Renee
Seller's Agent
Kenneth Feuer
Home Town Realty
Buyer's Agent
Jerry Carew
REMAX AEGIS
List Price
$1,150,000
Sold Price
$1,079,000
Premium/Discount to List
-$71,000
-6.17%
Current Estimated Value
$1,719,154

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$640,154
Avg. Annual Appreciation
4.48%
Original Mortgage
$376,000
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 6, 2015
Closed on
Aug 3, 2015
Sold by
Maestas Joe E and Maestas Elaine Smith
Bought by
Feuer Kenneth M
Seller's Agent
Lynn Lord
Estate Properties
Buyer's Agent
Kenneth Feuer
Home Town Realty
List Price
$669,000
Sold Price
$702,000
Premium/Discount to List
$33,000
4.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
84.80%
Original Mortgage
$561,600
Interest Rate
3.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 10, 1998
Sold by
Maestas Joe E and Maestas Elaine S
Bought by
Maestas Joe E and Maestas Elaine Smith
Source: Public Records

Range of Values:

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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
Redmond George David $1,079,000 Progressive Title Company
Feuer Kenneth M $702,000 Progressive Title Company
Maestas Joe E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Redmond George David $558,000
Previous Owner Redmond George David $376,000
Previous Owner Feuer Kenneth M $561,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/27/2016 04/27/16 Sold $1,079,000 -6.2% $362 / Sq Ft
02/29/2016 02/29/16 Pending -- -- --
02/12/2016 02/12/16 For Sale $1,150,000 +63.8% $386 / Sq Ft
08/14/2015 08/14/15 Sold $702,000 +4.9% $235 / Sq Ft
06/22/2015 06/22/15 Pending -- -- --
06/06/2015 06/06/15 For Sale $669,000 -- $224 / 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 $15,773 $1,277,310 $448,655 $828,655
2024 $15,773 $1,252,265 $439,858 $812,407
2023 $15,490 $1,227,712 $431,234 $796,478
2022 $14,721 $1,203,640 $422,779 $780,861
2021 $14,569 $1,180,040 $414,490 $765,550
2019 $14,097 $1,145,042 $402,197 $742,845
2018 $13,911 $1,122,591 $394,311 $728,280
2016 $8,859 $702,000 $350,000 $352,000
2015 $2,223 $136,435 $35,681 $100,754
2014 $2,239 $133,764 $34,983 $98,781
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2016

    Kenneth Feuer

    Home Town Realty

  • Jerry Carew

    Buyer's Agent in 2016

    Jerry Carew

    REMAX AEGIS

    (310) 714-1416

    2 in this area

    117 Total Sales

    Jerry Carew
    Section Image
  • Lynn Lord

    Seller's Agent in 2015

    Lynn Lord

    RE/MAX

    (310) 493-7016

    50 Total Sales

    Lynn Lord
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW16029699

California Regional Multiple Listing Service (CRMLS)

APN: 6113-018-015

California Los Angeles County Gardena 90247

1138 W 164th St, Gardena, CA

This home is located at 1138 W 164th St, Gardena, CA 90247 since 12 February 2016 and is currently estimated at $1,719,154, approximately $576 per square foot. This property was built in 1949. 1138 W 164th St is a home located in Los Angeles County with nearby schools including Denker Avenue Elementary School, Robert E. Peary Middle School, and Gardena Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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