14526 S Normandie Ave Gardena, CA 90247
Estimated payment $6,844/month
About This Home
This fourplex offers an excellent investment opportunity with 4,756 sq. ft. of living space situated on a 6,223 sq. ft. lot. Each unit features 2 bedrooms and 1 bathroom, providing comfortable living spaces. With significant potential for rent increases, this property is ideal for those looking to perform a 1031 exchange or expand their investment portfolio. Located in the highly desirable City of Gardena, CA, the property is conveniently situated near major landmarks and attractions, including; El Camino College, South Bay Galleria, Hustler Casino, and LAX. Easy access to major freeways, including the 405 and 110, ensuring convenient commuting and connectivity to Los Angeles and beyond. This property combines location, upside potential, and versatility, making it a standout choice for investors seeking long-term growth and value.
Listing Agent
CENTURY 21 REALTY MASTERS Brokerage Phone: 323-695-1868 License #02054714 Listed on: 12/02/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,417
Year Built
- Built in 1904
Lot Details
- 6,223 Sq Ft Lot
- Two or More Common Walls
Parking
- 2 Car Garage
Home Design
- Quadruplex
- Entry on the 1st floor
Interior Spaces
- 4,756 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Bathrooms
Listing and Financial Details
- Legal Lot and Block 39 / B
- Tax Tract Number 20311
- Assessor Parcel Number 6114003011
- $1,042 per year additional tax assessments
Community Details
Overview
- 4 Units
Building Details
- Rent Control
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Gardener Expense $3,000
- Water Sewer Expense $4,800
- Operating Expense $7,800
- Gross Income $74,940
- Net Operating Income $67,140
Map
Home Values in the Area
Average Home Value in this Area
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 | $5,417 | $375,255 | $154,316 | $220,939 |
| 2024 | $5,417 | $367,898 | $151,291 | $216,607 |
| 2023 | $5,326 | $360,685 | $148,325 | $212,360 |
| 2022 | $5,086 | $353,614 | $145,417 | $208,197 |
| 2021 | $5,026 | $346,681 | $142,566 | $204,115 |
| 2020 | $5,056 | $343,128 | $141,105 | $202,023 |
| 2019 | $4,875 | $336,401 | $138,339 | $198,062 |
| 2018 | $4,723 | $329,806 | $135,627 | $194,179 |
| 2016 | $4,405 | $317,001 | $130,361 | $186,640 |
| 2015 | $4,332 | $312,240 | $128,403 | $183,837 |
| 2014 | $4,344 | $306,124 | $125,888 | $180,236 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/27/2025 03/27/25 | Price Changed | $1,200,000 | +9.1% | $252 / Sq Ft |
| 02/20/2025 02/20/25 | Price Changed | $1,100,000 | -8.3% | $231 / Sq Ft |
| 12/02/2024 12/02/24 | For Sale | $1,200,000 | -- | $252 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Corporate Deed | $225,909 | Fidelity National Title Ins | |
| Trustee Deed | $183,170 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $504,000 | Negative Amortization | |
| Closed | $249,000 | Commercial | |
| Closed | $245,000 | Commercial | |
| Closed | $216,000 | Commercial | |
| Closed | $212,379 | Seller Take Back |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: MB24239244
APN: 6114-003-011
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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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