NOT LISTED FOR SALE

1331 W 164th St Gardena, CA 90247

Estimated Value: $1,302,000 - $1,476,831

7 Beds
4 Baths
3,240 Sq Ft
$428/Sq Ft Est. Value

Last Sold January 24, 2020

Last sale price $1,060,000 $327 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $8,753/month

16 Days on Market

Highlights

  • Walk-In Closet
  • Forced Air Heating System
  • 4 Car Garage
  • Laundry Room

About This Home

As of January 2020

This beautiful 3 unit has a great location in Central Gardena with a good neighborhood. Very conveniently located near 110, 91 and 405 Freeways. The outside of property was Newly painted and New laminate wood floor was installed in all three units in May 2018. Unit A & B has 2 bedroom and 1 bath, Unit C has 3 bedroom and 1.5 bath. There are separate gas and electric meters for each tenants. And each unit has a laundry hoop-ups too. No Rent Control. Long term tenants with no vacancy. Buyer to cooperate seller's 1031 exchange with no cost to the seller. Tax report showed 6 bedroom, 4 bathroom but actual property showed 7 bedroom, 4 bath room.

Last Agent to Sell the Property

Steve Park

Global 7 Realty, Inc. License #01707526 Listed on: 10/14/2019

Last Buyer's Agent

IRENE NGUYEN

REMAX AEGIS License #01811364

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,291

Year Built

  • Built in 1965

Lot Details

  • 6,760 Sq Ft Lot
  • Two or More Common Walls

Parking

  • 4 Car Garage
  • 4 Open Parking Spaces
  • Parking Available
  • Driveway

Home Design

  • Apartment

Interior Spaces

  • 3,240 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Walk-In Closet
  • 4 Bathrooms

Location

  • Urban Location

Utilities

  • Forced Air Heating System
  • Phone Available

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 13
  • Tax Tract Number 1
  • Assessor Parcel Number 6113014012

Community Details

Overview

  • 3 Units

Building Details

  • 3 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $360
  • Insurance Expense $1,448
  • Water Sewer Expense $2,760
  • New Taxes Expense $14,393
  • Operating Expense $18,961
  • Gross Income $66,120
  • Net Operating Income $47,159

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,291

Year Built

Built in 1965

Lot Details

0

Parking

4

Listing Details

  • Other Phone Description: 310-292-4989
  • Property Attached: Yes
  • Water Sewer Expenses: 2760.00
  • Zoning: GAR3
  • Property Type: Residential Income
  • Gardener Expense: 360.00
  • Parcel Number: 6113014012
  • Year Built: 1965
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 327.16
  • Room Type: Walk-In Closet

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Driveway, Garage
  • Total Parking Spaces: 8.00
  • Uncovered Spaces: 4.00

Utilities

  • Utilities: Electricity Connected, Phone Available, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Electric: Standard
  • Heating Type: Forced Air
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 6500-9999
  • Lot Size Sq Ft: 6760.00
  • Lot Size Acres: 0.1552

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 66120.00
  • Gross Scheduled Income: 66120.00
  • Insurance Expense: 1448.00
  • Laundry Equipment Own Lease: Own
  • Lot Size Area: 6760.0000 Square Feet
  • Net Operating Income: 47159.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Operating Expense: 18961.00
  • Rent Control: No
  • Total Actual Rent: 5510.00
  • Total Expenses: 18961.00

Tax Info

  • New Taxes Expense: 14393.00
  • Tax Census Tract: 6031.01
  • Tax Lot: 13
  • Tax Tract Number: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2019
Closed on
Jan 13, 2020
Sold by
Chang Leen Sup and Chang Hwa Sook
Bought by
Nguyen Long Kim and Nguyen Irene Ngoc Duong
Seller's Agent
Steve Park
Global 7 Realty, Inc.
Buyer's Agent
IRENE NGUYEN
REMAX AEGIS
List Price
$1,140,000
Sold Price
$1,060,000
Premium/Discount to List
-$80,000
-7.02%
Current Estimated Value
$1,387,708

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$327,708
Avg. Annual Appreciation
4.65%

Purchase Details

Closed on
Feb 23, 2005
Sold by
Chang Hwa Sook
Bought by
Chang Leen Sup

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$580,000
Interest Rate
1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 18, 2005
Sold by
Ma Young Hie and Ma Young Hic
Bought by
Ma Mark Davis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$580,000
Interest Rate
1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 4, 2005
Sold by
Ma Mark and Ma Mark Davis
Bought by
Chang Leen Sup

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$580,000
Interest Rate
1%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 28, 2002
Sold by
Ma Mark Davis
Bought by
Ma Mark Davis and Ma Young Hie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,000
Interest Rate
6.78%

Purchase Details

Closed on
Apr 8, 2002
Sold by
Kanemoto Kenneth T and Kanemoto Stella C S
Bought by
Ma Mark Davis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,000
Interest Rate
6.78%

Purchase Details

Closed on
Mar 18, 2002
Sold by
Ma Young Hie
Bought by
Ma Mark Davis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,000
Interest Rate
6.78%
Source: Public Records

Range of Values:

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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
Nguyen Long Kim $1,060,000 Chicago Title Company
Chang Leen Sup -- Chicago Title Company
Chang Leen Sup -- --
Ma Mark Davis -- --
Chang Leen Sup $725,000 Stewart Title Of Ca Inc
Ma Mark Davis -- --
Ma Mark Davis $370,000 First American Title Co
Ma Mark Davis -- First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chang Leen Sup $610,000
Previous Owner Chang Leen Sup $580,000
Previous Owner Ma Mark Davis $296,000
Previous Owner Kanemoto Kenneth T $250,000
Closed Ma Mark Davis $18,500
Closed Chang Leen Sup $72,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/24/2020 01/24/20 Sold $1,060,000 -5.4% $327 / Sq Ft
10/30/2019 10/30/19 Pending -- -- --
10/27/2019 10/27/19 Price Changed $1,120,000 -1.8% $346 / Sq Ft
10/14/2019 10/14/19 For Sale $1,140,000 -- $352 / 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 $14,291 $1,159,261 $820,233 $339,028
2024 $14,291 $1,136,531 $804,150 $332,381
2023 $14,036 $1,114,247 $788,383 $325,864
2022 $13,339 $1,092,400 $772,925 $319,475
2021 $13,194 $1,070,981 $757,770 $313,211
2020 $11,612 $924,048 $554,429 $369,619
2019 $11,145 $905,930 $543,558 $362,372
2018 $10,971 $888,167 $532,900 $355,267
2016 $8,971 $725,000 $435,400 $289,600
2015 $7,523 $603,000 $362,100 $240,900
2014 $7,666 $603,000 $362,100 $240,900
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2020

    Steve Park

    Global 7 Realty, Inc.

  • I

    Buyer's Agent in 2020

    IRENE NGUYEN

    REMAX AEGIS

    (310) 990-2347

    12 in this area

    23 Total Sales

    IRENE NGUYEN
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB19242595

California Regional Multiple Listing Service (CRMLS)

APN: 6113-014-012

California Los Angeles County Gardena 90247

1331 W 164th St, Gardena, CA

This home is located at 1331 W 164th St, Gardena, CA 90247 since 14 October 2019 and is currently estimated at $1,387,708, approximately $428 per square foot. This property was built in 1965. 1331 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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