NOT LISTED FOR SALE

1404 W 146th St Gardena, CA 90247

Estimated Value: $920,000 - $1,046,000

8 Beds
4 Baths
3,000 Sq Ft
$326/Sq Ft Est. Value

Last Sold February 09, 2017

Last sale price $860,000 $287 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $6,010/month

12 Days on Market

Highlights

  • 13,021 Sq Ft lot
  • No HOA
  • 4 Car Garage
  • Corner Lot
  • Laundry Room
  • 5-minute walk to Vincent Bell Memorial Park

About This Home

As of February 2017

Great opportunity for a developer! Oversized lot, one in from corner, Less than 10 minutes driving time to SpaceX. Two APNs included in sale. Could be potentially developed into multi-unit build out. (verify with city all building restrictions/requirements for multi-units). 2 buildings, 4 units, all 2 bedrooms/1 bath, laundry hookups inside each unit. (2) two car garages (tenants each get one garage parking space). Landlord pays water, trash, gardener. All units are on month to month. No rent control.

Last Agent to Sell the Property

David Caskey

eXp Realty of California Inc License #01198999 Listed on: 01/13/2017

eXp Realty of California Inc

Co-Listed By

Mo Sharifi

eXp Realty of California Inc License #01459498

Last Buyer's Agent

David Caskey

eXp Realty of California Inc License #01198999 Listed on: 01/13/2017

eXp Realty of California Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,473

Year Built

  • Built in 1950

Lot Details

  • 0.3 Acre Lot
  • Two or More Common Walls
  • Corner Lot
  • 6103-020-039

Parking

  • 4 Car Garage
  • Parking Available

Home Design

  • 3,000 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room

Listing and Financial Details

  • Legal Lot and Block 16 / 2
  • Tax Tract Number 2005
  • Assessor Parcel Number 6103020040

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 4 Units

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $900
  • Insurance Expense $3,538
  • Maintenance Expense $1,000
  • Professional Management Expense $3,000
  • Trash Expense $2,100
  • Water Sewer Expense $2,100
  • New Taxes Expense $9,150
  • Operating Expense $21,872
  • Gross Income $51,000
  • Net Operating Income $34,228

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,473

Year Built

Built in 1950

Lot Details

0

Parking

4

Listing Details

  • Assessments: Yes
  • Professional Management Expense: 3000.00
  • Property Attached: Yes
  • Water Sewer Expenses: 2100.00
  • Property Type: Residential Income
  • Gardener Expense: 900.00
  • Parcel Number: 6103020040
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 286.67

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Trash Expense: 2100.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Additional Parcels Description: 6103-020-039
  • Land Lease: No
  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 13021.00

Multi Family

  • Gross Income: 51000.00
  • Gross Scheduled Income: 51000.00
  • Insurance Expense: 3538.00
  • Maintenance Expense: 1000.00
  • Net Operating Income: 34228.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 21872.00
  • Rent Control: No
  • Total Actual Rent: 4250.00
  • Total Expenses: 21872.00

Tax Info

  • New Taxes Expense: 9150.00
  • Tax Block: 2
  • Tax Lot: 16
  • Tax Tract Number: 2005

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 13, 2021
Sold by
Hyon Lee Kang and Hyon Sophia
Bought by
K and Lee
Current Estimated Value
$979,391

Purchase Details

Closed on
Aug 26, 2019
Sold by
K and Lee
Bought by
Lee Kang Hyon and Kwak Lee Sophia

Purchase Details

Closed on
Jul 9, 2019
Sold by
Lee Kang Hyon and Kwak Lee Sophia
Bought by
K & Lee Llc

Purchase Details

Closed on
May 7, 2019
Sold by
Lee Stacy
Bought by
Lee Kang Hyon and Kwak Lee Sophia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$484,000
Interest Rate
4.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 10, 2017
Sold by
Lee Stephanie
Bought by
Lee Stacy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$371,250
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 13, 2017
Closed on
Feb 3, 2017
Sold by
Gee Jin
Bought by
Lee Stephanie
Seller's Agent
David Caskey
eXp Realty of California Inc
Buyer's Agent
David Caskey
eXp Realty of California Inc
List Price
$858,000
Sold Price
$860,000
Premium/Discount to List
$2,000
0.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.50%
Original Mortgage
$301,000
Interest Rate
4.32%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Jan 13, 2017
Closed on
Feb 1, 2017
Sold by
Blanco Properties I Llc
Bought by
Blanco Properties I Llc
Seller's Agent
David Caskey
eXp Realty of California Inc
Buyer's Agent
David Caskey
eXp Realty of California Inc
List Price
$858,000
Sold Price
$860,000
Premium/Discount to List
$2,000
0.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$301,000
Interest Rate
4.32%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Jan 13, 2017
Closed on
Jan 30, 2017
Sold by
Blanco Properties I Llc
Bought by
Lee Stephanie
Seller's Agent
David Caskey
eXp Realty of California Inc
Buyer's Agent
David Caskey
eXp Realty of California Inc
List Price
$858,000
Sold Price
$860,000
Premium/Discount to List
$2,000
0.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$301,000
Interest Rate
4.32%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 11, 2010
Sold by
Blanco Arthur and Art & Jolene Blanco Trust
Bought by
Blanco Properties I

Purchase Details

Closed on
Aug 21, 2010
Sold by
Blanco Arthur and Art & Jolene Blanco Trust
Bought by
Blanco Properties I

Purchase Details

Closed on
Apr 27, 2009
Sold by
Blanco Arthur and Joseph M Blanco Trust
Bought by
Blanco Arthur and Art & Jolene Blanco Trust

Purchase Details

Closed on
Apr 27, 2006
Sold by
Blanco Joseph M
Bought by
Blanco Joseph M and Joseph M Blanco Trust
Source: Public Records

Range of Values:

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Average Value
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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
K -- None Listed On Document
Lee Kang Hyon -- None Available
K & Lee Llc -- None Available
Lee Kang Hyon $605,000 Lawyers Title
Lee Stacy $495,000 Fidelity National Title
Lee Stephanie -- Fidelity National Title
Blanco Properties I Llc -- Fidelity National Title
Lee Stephanie $860,000 Fidelity National Title
Blanco Properties I -- None Available
Blanco Properties I -- None Available
Blanco Arthur -- None Available
Blanco Joseph M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lee Kang Hyon $484,000
Previous Owner Lee Stacy $371,250
Previous Owner Lee Stephanie $301,000
Previous Owner Lee Stephanie $301,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/09/2017 02/09/17 Sold $860,000 +0.2% $287 / Sq Ft
01/13/2017 01/13/17 For Sale $858,000 -- $286 / 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 $10,473 $855,332 $640,969 $214,363
2024 $10,473 $838,561 $628,401 $210,160
2023 $10,285 $822,120 $616,080 $206,040
2022 $7,816 $635,960 $348,990 $286,970
2021 $7,732 $623,492 $342,148 $281,344
2019 $5,659 $447,592 $270,504 $177,088
2018 $5,533 $438,820 $265,200 $173,620
2016 $4,572 $360,607 $221,912 $138,695
2015 $4,496 $355,191 $218,579 $136,612
2014 $4,500 $348,234 $214,298 $133,936
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB17008572

California Regional Multiple Listing Service (CRMLS)

APN: 6103-020-040