Seller's Agent in 2024
Sheri Messerlian
NAI Capital
(310) 503-9597
1 in this area
3 Total Sales
14506 S Normandie Ave Gardena, CA 90247
Estimated Value: $1,083,495 - $1,170,000
6
Beds
4
Baths
2,832
Sq Ft
$394/Sq Ft
Est. Value
About This Home
As of March 2024Conveniently located apartment complex with great upside potential for an owner / investor!!! Single building 4 unit residential apartment consisting of two 2 bedroom 1 bath units and two 1 bedrooms 1 bath units with a separate enclosed garage providing one parking space per unit. The flexibility of below market month to month rents (3 of 4 tenants) and the opportunity for high impact improvements provides the basis to add significant value. Unit 1 has been recently improved and is now generating a market rent (significantly higher than the other two bedroom one bath unit). Desirable location walking distance to restaurants, entertainment, gyms, shops and parks. Easy access to public transportation. Conveniently located near the 110, 405, 91 and 105 freeways with strong access to the beach, downtown and westside. Don’t miss out on this exciting investor opportunity!!!
DO NOT WALK ON THE PROPERTY OR DISTURB THE TENANTS. MORE INFORMATION TEXT OR E-MAIL SHERI MESSERLIAN.
Last Agent to Sell the Property
NAI Capital Brokerage Email: smesserlian@naicapital.com License #00450571 Listed on: 02/12/2024
Last Buyer's Agent
NAI Capital Brokerage Email: smesserlian@naicapital.com License #00450571 Listed on: 02/12/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,234
Year Built
- Built in 1957
Lot Details
- 6,166 Sq Ft Lot
- No Common Walls
- Front Yard
- Density is 2-5 Units/Acre
Parking
- 4 Car Garage
- Parking Available
- Two Garage Doors
Home Design
- Quadruplex
- Entry on the 1st floor
Interior Spaces
- 2,832 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 6 Bedrooms
- 4 Bathrooms
Utilities
- Wall Furnace
- Sewer Paid
Additional Features
- Exterior Lighting
- Suburban Location
Listing and Financial Details
- Tenant pays for all utilities, cable TV, electricity, gas
- Legal Lot and Block 39 / B
- Tax Tract Number 20311
- Assessor Parcel Number 6114002010
- $892 per year additional tax assessments
Community Details
Overview
- 4 Units
Building Details
- 4 Leased Units
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $450
- Fuel Expense $380
- Gardener Expense $960
- Insurance Expense $3,000
- Professional Management Expense $2,728
- Trash Expense $1,292
- Water Sewer Expense $4,212
- New Taxes Expense $11,760
- Operating Expense $26,789
- Gross Income $67,129
- Net Operating Income $52,591
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 12, 2024
Closed on
Mar 15, 2024
Sold by
Christopher J Changprai Separate Propert
Bought by
14506 Normandie Llc
Seller's Agent
Sheri Messerlian
NAI Capital
Buyer's Agent
Sheri Messerlian
NAI Capital
List Price
$1,050,000
Sold Price
$1,040,000
Premium/Discount to List
-$10,000
-0.95%
Views
36
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
$75,624
Avg. Annual Appreciation
4.86%
Purchase Details
Closed on
Sep 14, 2020
Sold by
Unknown
Bought by
Christopher J Changprai Separate Property Tru and Changprai
Purchase Details
Listed on
Jul 30, 2014
Closed on
Aug 12, 2014
Sold by
Se Lewis Properties Llc
Bought by
Reddy Akhilesh and Changprai Christopher J
Seller's Agent
Jane Liu-Baker
Keller Williams South Bay
Buyer's Agent
sunil mehra
Keller Williams Encino-Sherman Oaks
List Price
$595,900
Sold Price
$595,900
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.87%
Original Mortgage
$417,130
Interest Rate
4.1%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 7, 2012
Sold by
Lewis Steven Earl
Bought by
Se Lewis Properties Llc
Purchase Details
Closed on
Jun 22, 2011
Sold by
Lewis Tamala A
Bought by
Lewis Steven E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$318,750
Interest Rate
4.55%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 3, 2011
Sold by
Kim Grace I and The Mary Jewell Mayes Trust
Bought by
Lewis Steven E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$318,750
Interest Rate
4.55%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 26, 1995
Sold by
Mayes Mary J
Bought by
Mayes Mary Jewell and Mary Jewell Mayes Trust
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 |
|---|---|---|---|
| 14506 Normandie Llc | $1,040,000 | Commonwealth Land Title Compan | |
| Christopher J Changprai Separate Property Tru | -- | Hall Jane | |
| Reddy Akhilesh | $596,000 | Progressive | |
| Se Lewis Properties Llc | -- | None Available | |
| Lewis Steven E | -- | Chicago Title Company | |
| Lewis Steven E | $425,000 | Chicago Title Company | |
| Mayes Mary Jewell | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Reddy Akhilesh V | $391,000 | |
| Previous Owner | Reddy Akhilesh | $417,130 | |
| Previous Owner | Lewis Steven E | $318,750 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/22/2024 03/22/24 | Sold | $1,040,000 | -1.0% | $367 / Sq Ft |
| 02/20/2024 02/20/24 | Pending | -- | -- | -- |
| 02/12/2024 02/12/24 | For Sale | $1,050,000 | +76.2% | $371 / Sq Ft |
| 09/18/2014 09/18/14 | Sold | $595,900 | 0.0% | $210 / Sq Ft |
| 08/06/2014 08/06/14 | Pending | -- | -- | -- |
| 07/30/2014 07/30/14 | For Sale | $595,900 | -- | $210 / 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 |
|---|---|---|---|---|
| 2025 | $9,234 | $1,060,800 | $754,800 | $306,000 |
| 2024 | $9,234 | $702,247 | $435,961 | $266,286 |
| 2023 | $9,070 | $688,478 | $427,413 | $261,065 |
| 2022 | $8,632 | $674,980 | $419,033 | $255,947 |
| 2021 | $8,543 | $661,746 | $410,817 | $250,929 |
| 2019 | $8,272 | $642,121 | $398,633 | $243,488 |
| 2018 | $8,112 | $629,531 | $390,817 | $238,714 |
| 2016 | $7,743 | $605,088 | $375,642 | $229,446 |
| 2015 | $7,615 | $596,000 | $370,000 | $226,000 |
| 2014 | $5,954 | $444,177 | $339,665 | $104,512 |
Source: Public Records
Agents Affiliated with this Home
-
Sheri Messerlian
-
Jane Liu-Baker
J
Seller's Agent in 2014
Jane Liu-Baker
Keller Williams South Bay
(310) 994-4188
3 Total Sales
-
sunil mehra
Buyer's Agent in 2014
sunil mehra
Keller Williams Encino-Sherman Oaks
(818) 645-9451
7 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB24030313
APN: 6114-002-010
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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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