1203 W 164th St Gardena, CA 90247
Estimated Value: $1,581,000 - $1,699,000
10
Beds
7
Baths
4,152
Sq Ft
$395/Sq Ft
Est. Value
Highlights
- Corner Lot
- Laundry Room
- Forced Air Heating System
About This Home
As of May 2024This well-maintained four-unit apartment building presents an excellent investment opportunity for an investor or owner/user. The front owner's unit boasts four bedrooms and three bathrooms, an attached two-car garage, and a washer & dryer hookup. The second and third units are two-bedroom and one-bathroom units, each with a one-car garage. The fourth unit features two bedrooms, two bathrooms, and a two-car garage. These three units share a coin-operated laundry room, and three open-air parking spaces are available. All units have separate gas and electric meters. The neighborhood is peaceful, and the location is convenient for shopping and freeway access.
Last Agent to Sell the Property
New Star Realty & Investment Brokerage Phone: 310-749-7973 License #01236688 Listed on: 02/07/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $13,601
Year Built
- Built in 1987
Lot Details
- 6,972 Sq Ft Lot
- Two or More Common Walls
- Corner Lot
Parking
- 6 Car Garage
Home Design
- Apartment
Interior Spaces
- 4,152 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 10 Bedrooms
- 7 Bathrooms
Laundry
- Laundry Room
- Laundry in Garage
Outdoor Features
- Exterior Lighting
Utilities
- Forced Air Heating System
- Natural Gas Connected
Listing and Financial Details
- Tenant pays for electricity, gas
- Tax Lot 2
- Tax Tract Number 14
- Assessor Parcel Number 6113015037
Community Details
Overview
- 4 Units
Building Details
- Rent Control
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $2,708
- Water Sewer Expense $4,900
- Operating Expense $8,142
- Gross Income $96,960
- Net Operating Income $88,818
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 7, 2024
Closed on
May 9, 2024
Sold by
Kim Jae Ho and Kim Kyung Mi
Bought by
Pendem Vijaya B and Pendem Sai Sudha
Seller's Agent
Connie Kim
New Star Realty & Investment
Buyer's Agent
Bindu Xavier
Compass
List Price
$1,700,000
Sold Price
$1,625,000
Premium/Discount to List
-$75,000
-4.41%
Total Days on Market
56
Views
96
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,066
Avg. Annual Appreciation
0.82%
Original Mortgage
$1,125,000
Outstanding Balance
$1,114,187
Interest Rate
6.82%
Mortgage Type
New Conventional
Estimated Equity
$524,879
Purchase Details
Closed on
Nov 28, 2020
Sold by
Kim Andy Nam and Kim Nam Hoon
Bought by
Kim Jae Ho and Kim Kyung Mi
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$482,500
Interest Rate
2.8%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 24, 2015
Sold by
Kim Jae Ho and Kim Kyung Mi
Bought by
Kim Jae Ho and Kim Kyung Mi
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$530,000
Interest Rate
3.81%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 29, 2009
Sold by
Higbee Yung Bun
Bought by
Kim Jae Ho and Kim Kyung Mi
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$422,500
Interest Rate
4.78%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 15, 1996
Sold by
Higbee Billy Dan
Bought by
Higbee Yung Bun
Similar Home in Gardena, CA
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Pendem Vijaya B | $1,625,000 | California Best Title | |
| Kim Jae Ho | -- | None Available | |
| Kim Jae Ho | -- | Provident Title Company | |
| Kim Jae Ho | $842,500 | Stewart Title Of Ca Inc | |
| Higbee Yung Bun | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Pendem Vijaya B | $1,125,000 | |
| Previous Owner | Kim Jae Ho | $482,500 | |
| Previous Owner | Kim Jae Ho | $530,000 | |
| Previous Owner | Kim Jae Ho | $422,500 | |
| Previous Owner | Higbee Yung Bun | $70,000 | |
| Previous Owner | Higbee Yung Bun | $499,999 | |
| Previous Owner | Higbee Yung B | $448,000 | |
| Previous Owner | Higbee Yung B | $60,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/16/2024 05/16/24 | Sold | $1,625,000 | -4.4% | $391 / Sq Ft |
| 04/03/2024 04/03/24 | Pending | -- | -- | -- |
| 02/07/2024 02/07/24 | For Sale | $1,700,000 | -- | $409 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $13,601 | $1,066,179 | $689,699 | $376,480 |
| 2023 | $13,358 | $1,045,275 | $676,176 | $369,099 |
| 2022 | $12,702 | $1,024,780 | $662,918 | $361,862 |
| 2021 | $12,560 | $1,004,687 | $649,920 | $354,767 |
| 2020 | $12,660 | $994,386 | $643,256 | $351,130 |
| 2019 | $12,154 | $974,890 | $630,644 | $344,246 |
| 2018 | $11,956 | $955,776 | $618,279 | $337,497 |
| 2016 | $11,411 | $918,664 | $594,271 | $324,393 |
| 2015 | $10,323 | $828,000 | $529,900 | $298,100 |
| 2014 | $9,471 | $740,000 | $473,600 | $266,400 |
Source: Public Records
Agents Affiliated with this Home
-
Connie Kim
C
Seller's Agent in 2024
Connie Kim
New Star Realty & Investment
(310) 749-7973
3 in this area
19 Total Sales
-
Bindu Xavier
Buyer's Agent in 2024
Bindu Xavier
Compass
3 in this area
74 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB24026499
APN: 6113-015-037
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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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