Seller's Agent in 2024
Brian Estes
RE/MAX
(310) 802-2525
1 in this area
16 Total Sales
1308 W 164th St Gardena, CA 90247
Estimated Value: $687,000 - $820,730
2
Beds
2
Baths
1,196
Sq Ft
$615/Sq Ft
Est. Value
Highlights
- No HOA
- Floor Furnace
- 1-Story Property
- Laundry Room
About This Home
As of September 2024Don’t miss out on this charming 1947 Duplex in Gardena, CA!
Welcome to 1308 W 164th Street nestled in the heart of Gardena, CA. This property offers a unique opportunity for multi-family living, ideal for extended families or savvy investors. Situated on a spacious lot of 6,591 square feet, each unit boasts 1 bedroom and 1 bathroom, each with laundry hookups, providing comfortable living spaces.
The current rents are $1,350 and $1,750, making this an attractive investment opportunity, with an approximate upside of $550 for a new owner to realize. Additionally, there is potential for expansion with the addition of at least one ADU and possibly more (Buyer to verify).
The expansive yard is perfect for outdoor activities, gardening, or simply enjoying the California sunshine. Additionally, the property features a detached 2-car garage, offering ample parking and storage solutions. With its charming vintage appeal and versatile layout, this duplex is a rare find in a sought-after neighborhood. The location is perfectly located for easy access to major freeways (405, 91, and 110) and just 30 minutes from the some of California’s most beautiful beaches, the Forum, LAX, and much more!
Don't miss out on this incredible opportunity to own a piece of Gardena history while enjoying the benefits of multi-family living. Schedule a viewing today and discover the endless possibilities this property has to offer!
DO NOT WALK PROPERTY AND TALK TO TENANTS, CALL LISTING AGENT TO ARRANGE SHOWING
Last Agent to Sell the Property
Re/Max Commercial & Investment Brokerage Phone: 310-963-2894 License #01394559 Listed on: 07/09/2024
Last Buyer's Agent
Re/Max Commercial & Investment Brokerage Phone: 310-963-2894 License #01394559 Listed on: 07/09/2024
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1947
Lot Details
- 6,591 Sq Ft Lot
- 1 Common Wall
Parking
- 2 Car Garage
Home Design
- Duplex
- Entry on the 1st floor
- Shingle Roof
Interior Spaces
- 1,196 Sq Ft Home
- 1-Story Property
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Bathrooms
Laundry
- Laundry Room
- Gas And Electric Dryer Hookup
Additional Features
- Suburban Location
- Floor Furnace
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas
- Tax Lot 8
- Tax Tract Number 1749
- Assessor Parcel Number 6113016020
- $507 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 2 Units
Building Details
- Rent Control
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 1 Separate Water Meter
- Operating Expense $16,175
- Gross Income $37,200
- Net Operating Income $19,909
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 9, 2024
Closed on
Aug 24, 2024
Sold by
Thomas Louis Palmisano Living Trust and Palmisano Thomas Louis
Bought by
Rt 3 Llc
Seller's Agent
Brian Estes
Re/Max Commercial & Investment
Buyer's Agent
Brian Estes
Re/Max Commercial & Investment
List Price
$775,000
Sold Price
$725,000
Premium/Discount to List
-$50,000
-6.45%
Views
65
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
$10,683
Avg. Annual Appreciation
0.97%
Original Mortgage
$400,000
Outstanding Balance
$395,116
Interest Rate
6.47%
Mortgage Type
New Conventional
Estimated Equity
$340,567
Purchase Details
Closed on
Jul 22, 2010
Sold by
Palmisano Thomas
Bought by
Palmisano Thomas Louis and The Thomas Louis Palmisano Living Trust
Purchase Details
Closed on
Oct 24, 2005
Sold by
Schenfisch Marie Pursche and Schenfisch Vernon Roy
Bought by
Schenfisch Marie A and Marie A Schenfisch Family Trust
Purchase Details
Closed on
Jun 2, 2003
Sold by
Kang Young I
Bought by
Palmisano Thomas
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Feb 2, 1999
Sold by
Kim Yoo S
Bought by
Kang Young I
Purchase Details
Closed on
May 17, 1996
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Kim Yoo S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,600
Interest Rate
8.07%
Purchase Details
Closed on
Aug 15, 1995
Sold by
Sato Hiroshi and American Svgs Bank Fa
Bought by
American Svgs Bank Fa
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Rt 3 Llc | $725,000 | First American Title Company | |
| Palmisano Thomas Louis | -- | Accommodation | |
| Schenfisch Marie A | -- | -- | |
| Palmisano Thomas | $279,000 | New Century Title | |
| Kang Young I | -- | First American | |
| Kim Yoo S | $132,000 | First American Title Co | |
| American Svgs Bank Fa | $160,000 | Stewart Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Rt 3 Llc | $400,000 | |
| Previous Owner | Palmisano Thomas | $158,000 | |
| Previous Owner | Kim Yoo S | $105,600 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/18/2024 09/18/24 | Sold | $725,000 | -6.5% | $606 / Sq Ft |
| 08/20/2024 08/20/24 | Pending | -- | -- | -- |
| 07/09/2024 07/09/24 | For Sale | $775,000 | -- | $648 / Sq Ft |
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 | $5,213 | $725,000 | $600,000 | $125,000 |
| 2024 | $5,213 | $396,140 | $239,958 | $156,182 |
| 2023 | $5,121 | $388,373 | $235,253 | $153,120 |
| 2022 | $4,871 | $380,759 | $230,641 | $150,118 |
| 2021 | $4,818 | $373,294 | $226,119 | $147,175 |
| 2019 | $4,664 | $362,223 | $219,413 | $142,810 |
| 2018 | $4,540 | $355,121 | $215,111 | $140,010 |
| 2016 | $4,337 | $341,333 | $206,759 | $134,574 |
| 2015 | $4,264 | $336,207 | $203,654 | $132,553 |
| 2014 | $4,154 | $320,000 | $188,600 | $131,400 |
Source: Public Records
Agents Affiliated with this Home
-
Brian Estes
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB24140550
APN: 6113-016-020
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.
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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