1318 W 164th St Gardena, CA 90247
Estimated Value: $1,417,000 - $1,693,642
7
Beds
6
Baths
3,929
Sq Ft
$389/Sq Ft
Est. Value
Highlights
- No HOA
- Forced Air Heating System
- Front Yard
- Laundry Room
About This Home
As of July 2019Great Investment opportunity!
Spacious 3 unit apartment building in a nice area of Gardena. Built in 1996, all units are "townhouse" style with kitchen, living rooms & dinning on the 1st floor and bedrooms on 2nd floor. Each unit has separate 2 car enclosed garage with direct unit access & washer/dryer hook ups.
The front unit (A) is a 3 bedroom, 2.5 bath with large enclosed patio. The master bedroom has large walk-in closet, master bathroom & balcony.
The front entrances to the other units are located on the west side of the property & the garages are located off the alley on the south side of the property.
Units B & C were remodeled with new kitchens, bathrooms, carpet, flooring and appliances.
The middle unit (B) is a 2 bedroom, 2.5 bath with enclosed area on the east side of the property.
The back unit (C) is a 2 bedroom, 2.5 bath with a enclosed patio on the west side of the property.
Standard sale! No rent control! All units are individually metered for gas & electricity.
Last Agent to Sell the Property
Edward Jenkins Realty License #00888270 Listed on: 09/06/2018
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $15,495
Year Built
- Built in 1996
Lot Details
- 6,308 Sq Ft Lot
- Two or More Common Walls
- Front Yard
Parking
- 2 Open Parking Spaces
- 6 Car Garage
- Parking Available
- Assigned Parking
Home Design
- Triplex
Interior Spaces
- 3,929 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 7 Bedrooms
- 6 Bathrooms
Laundry
- Laundry Room
- Laundry in Garage
Additional Features
- Exterior Lighting
- Forced Air Heating System
Listing and Financial Details
- Tenant pays for electricity, gas
- Tax Lot 23
- Tax Tract Number 576
- Assessor Parcel Number 6113016033
Community Details
Overview
- No Home Owners Association
- 3 Units
Building Details
- 3 Leased Units
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 1 Separate Water Meter
- Gardener Expense $600
- Insurance Expense $924
- Water Sewer Expense $880
- New Taxes Expense $14,500
- Operating Expense $16,904
- Gross Income $50,520
- Net Operating Income $48,981
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 6, 2018
Closed on
Jun 19, 2019
Sold by
Iwerks Betty E and The Betty Iwerks 2012 Trust
Bought by
Mcfarland Aaron and Mcfarland Jeanette
Seller's Agent
John Lahr
Edward Jenkins Realty
Buyer's Agent
Sallie Montgomery
The Realestate Group
List Price
$1,160,000
Sold Price
$1,160,000
Total Days on Market
274
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
$367,161
Avg. Annual Appreciation
4.59%
Original Mortgage
$928,000
Outstanding Balance
$822,912
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$688,855
Purchase Details
Closed on
Oct 3, 2018
Sold by
Iwerks Donald
Bought by
Iwerks Betty E
Purchase Details
Closed on
Oct 29, 2012
Sold by
Iwerks Betty E
Bought by
Iwerks Betty E and Betty Iwerks 2012 Trust
Purchase Details
Closed on
May 30, 2012
Sold by
Iwerks Donald W and Lorraine Gibb 2010 Trust
Bought by
Iwerks Betty E
Purchase Details
Closed on
Feb 12, 2010
Sold by
Gibb Lorraine T
Bought by
Gibb Lorraine and Lorraine Gibb 2010 Trust
Similar Homes in Gardena, CA
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 |
|---|---|---|---|
| Mcfarland Aaron | $1,160,000 | Fidelity National Title | |
| Iwerks Betty E | -- | Fidelity National Title Co | |
| Iwerks Betty E | -- | None Available | |
| Iwerks Betty E | -- | None Available | |
| Gibb Lorraine | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Mcfarland Aaron | $928,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/16/2019 07/16/19 | Sold | $1,160,000 | 0.0% | $295 / Sq Ft |
| 06/07/2019 06/07/19 | Pending | -- | -- | -- |
| 05/12/2019 05/12/19 | For Sale | $1,160,000 | 0.0% | $295 / Sq Ft |
| 09/26/2018 09/26/18 | Off Market | $1,160,000 | -- | -- |
| 09/26/2018 09/26/18 | Pending | -- | -- | -- |
| 09/06/2018 09/06/18 | For Sale | $1,060,000 | -- | $270 / 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 | $15,495 | $1,243,750 | $680,846 | $562,904 |
| 2023 | $15,217 | $1,219,364 | $667,497 | $551,867 |
| 2022 | $14,461 | $1,195,456 | $654,409 | $541,047 |
| 2021 | $14,301 | $1,172,017 | $641,578 | $530,439 |
| 2020 | $14,422 | $1,160,000 | $635,000 | $525,000 |
| 2019 | $9,491 | $754,405 | $562,990 | $191,415 |
| 2018 | $9,305 | $739,613 | $551,951 | $187,662 |
| 2016 | $8,874 | $710,895 | $530,519 | $180,376 |
| 2015 | $8,729 | $700,218 | $522,551 | $177,667 |
| 2014 | $8,731 | $686,502 | $512,315 | $174,187 |
Source: Public Records
Agents Affiliated with this Home
-
John Lahr
J
Seller's Agent in 2019
John Lahr
Edward Jenkins Realty
(310) 220-1209
1 in this area
11 Total Sales
-
Sallie Montgomery
S
Buyer's Agent in 2019
Sallie Montgomery
The Realestate Group
3 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB18213628
APN: 6113-016-033
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