NOT LISTED FOR SALE

1225 W 168th St Gardena, CA 90247

15 Beds
13 Baths
7,109 Sq Ft
10,307 Sq Ft Lot

Last Sold August 30, 2017

Last sale price $1,784,475 $251 Per Sq Ft

13 Days on Market

Highlights

  • Newly Remodeled
  • No HOA
  • 13 Car Garage
  • Fireplace in Bathroom
  • Laundry Room
  • Controlled Entrance

About This Home

As of August 2017

A golden opportunity to own a newer construction town home style apartment in a marvelous area; all 2 Bedrooms and 3 Bedrooms, excellent unit mix. Remote and secure garage gate. Front units with own garage. All units are individual metered, tenant pay all of the utilities including water. South facing, rent is way under the market . Absent owner. Great upside potential. Convenience location, north of Artesia, near Marukai, 99 Ranch Market, Sam's Club, Albertson...etc., easy access to1-110 and 1-91. Walking distance to Arthur Lee John Memorial Park with tennis court and play ground. Drive by only, offer subject to inspection. Co-listing with Ellen Fu, CBC George. Will review all
offers on August 7, 2017.

Last Agent to Sell the Property

Ellen Fu

High Ten Partners, Inc. License #00774584 Listed on: 07/27/2017

High Ten Partners, Inc.

Co-Listed By

Steve Hayashi

High Ten Partners, Inc. License #00814022

Last Buyer's Agent

Ken Ishiki

Lyon Stahl Investment Real Estate License #01438720

Lyon Stahl Investment Real Estate

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1991 | Newly Remodeled

Lot Details

  • 10,307 Sq Ft Lot
  • Lot Dimensions are 60x172
  • No Common Walls
  • Level Lot

Parking

  • 13 Car Garage
  • Parking Available
  • Assigned Parking
  • Controlled Entrance

Home Design

  • Split Level Home

Interior Spaces

  • 7,109 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 15 Bedrooms
  • 13 Bathrooms
  • Fireplace in Bathroom

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tenant pays for electricity, gas, water
  • Tax Lot 43
  • Tax Tract Number 603102
  • Assessor Parcel Number 6111010061

Community Details

Overview

  • No Home Owners Association
  • 6 Units

Building Details

  • Rent Control
  • 7 Separate Electric Meters
  • 6 Separate Gas Meters
  • 6 Separate Water Meters
  • Electric Expense $1,829
  • Gardener Expense $865
  • Insurance Expense $2,320
  • Maintenance Expense $1,474
  • Other Expense $4,756
  • Pest Control $212
  • Trash Expense $2,225
  • New Taxes Expense $19,388
  • Operating Expense $33,100
  • Gross Income $100,500
  • Net Operating Income $64,325

Property Details

Home Type

Apartment

Year Built

Built in 1991 | Newly Remodeled

Lot Details

0

Parking

13

Listing Details

  • CapRate: 4.35
  • Property Attached: No
  • Zoning: GAR3
  • New Construction: Yes
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Gardener Expense: 865.00
  • Parcel Number: 6111010061
  • Year Built: 1991
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Stories: 2
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Fireplace Features: Bath
  • Levels: Multi/Split
  • Price Per Square Foot: 251.02

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 13.00
  • Parking: Yes
  • Parking Features: Assigned, Controlled Entrance, Covered, Concrete, Garage
  • Total Parking Spaces: 13.00

Utilities

  • Laundry: Yes
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Pest Control Expense: 212.00
  • Sewer: Public Sewer
  • Trash Expense: 2225.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level with Street, Lot 10000-19999 Sqft
  • Lot Size: 60x172
  • Lot Size Sq Ft: 10307.00

Rental Info

  • Tenant Pays: Electricity, Gas, Water

Multi Family

  • Average2 Bed Area: 1049 Square Feet
  • Electric Expense: 1829.00
  • Gross Income: 100500.00
  • Gross Scheduled Income: 100500.00
  • Insurance Expense: 2320.00
  • Maintenance Expense: 1474.00
  • Net Operating Income: 64325.00
  • Number Of Separate Electric Meters: 7
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 6
  • Number Of Units Total: 6
  • Number With Dishwasher: 6
  • Number With Disposal: 6
  • Number With Range: 6
  • Operating Expense: 33160.00
  • Other Expense: 4756.00
  • Rent Control: Yes
  • Total Actual Rent: 8375.00
  • Total Expenses: 33100.00
  • Vacancy Allowance: 3015
  • Vacancy Allowance Rate: 3.00

Tax Info

  • New Taxes Expense: 19388.00
  • Tax Census Tract: 6031.02
  • Tax Lot: 43
  • Tax Tract Number: 603102

Range of Values:

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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
08/30/2017 08/30/17 Sold $1,784,475 +20.6% $251 / Sq Ft
08/09/2017 08/09/17 Pending -- -- --
07/27/2017 07/27/17 For Sale $1,480,000 -- $208 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Ellen Fu

    Seller's Agent in 2017

    Ellen Fu

    High Ten Partners, Inc.

    (626) 462-5668

    4 Total Sales

    Section Image
  • Steve Hayashi

    Seller Co-Listing Agent in 2017

    Steve Hayashi

    High Ten Partners, Inc.

    (626) 446-7388

    9 Total Sales

    Section Image
  • Ken Ishiki

    Buyer's Agent in 2017

    Ken Ishiki

    Lyon Stahl Investment Real Estate

    (562) 755-5010

    1 in this area

    25 Total Sales

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS17172426

California Regional Multiple Listing Service (CRMLS)

California Los Angeles County Gardena 90247

1225 W 168th St, Gardena, CA

This home is located at 1225 W 168th St, Gardena, CA 90247 since 27 July 2017. This property was built in 1991. 1225 W 168th 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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