$1,650,000
SOLD NOV 18, 2024

15003 S Harvard Blvd Gardena, CA 90247

9 Beds
12 Baths
5,517 Sq Ft
6,660 Sq Ft Lot

Recently Sold

$299 Per Sq Ft

3% Above List Price

7 Days on Market

About This Home

As of November 2024

Discover this well-maintained 4-unit property located in the desirable area of Gardena. These spacious, townhouse-style units include (1) 3-bed/2.5-bath w/ 3 fireplaces and (3) 2-bed/2.5-bath units w/ a fireplace in each. The property features underground parking with gated, remote entry for added security and convenience, and the roof was replaced in 2006. With a 53% rental upside, a 6.59% market CAP, and an 11.22 market GRM, this property offers substantial investment potential. Ideally situated just a short drive from Alondra Park Golf Course and El Camino College, this is an excellent opportunity to capitalize on a growing rental market in a prime location.

Last Agent to Sell the Property

Brett Lyon

Lyon Stahl Investment Real Estate, Inc. Brokerage Phone: 3107801899 License #01717818 Listed on: 09/11/2024

Lyon Stahl Investment Real Estate, Inc.

Co-Listed By

Woody Stahl

Lyon Stahl Investment Real Est Brokerage Phone: 3107801899 License #01399621

Last Buyer's Agent

Ken Ishiki

Lyon Stahl Investment Real Estate License #01438720

Lyon Stahl Investment Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,345

Year Built

  • Built in 1989

Lot Details

  • 6,660 Sq Ft Lot
  • Two or More Common Walls
  • Density is 2-5 Units/Acre

Parking

  • 8 Car Garage

Home Design

  • Property Attached
  • Entry on the 1st floor

Interior Spaces

  • 5,517 Sq Ft Home
  • 2-Story Property
  • Family Room with Fireplace

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 12 Bathrooms

Listing and Financial Details

  • Tax Lot 14
  • Tax Tract Number 4617
  • Assessor Parcel Number 6103021077
  • $1,108 per year additional tax assessments

Community Details

Overview

  • 4 Units

Recreation

  • Bike Trail

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $1,200
  • Insurance Expense $5,517
  • Maintenance Expense $2,808
  • Other Expense $3,200
  • New Taxes Expense $20,057
  • Operating Expense $32,782
  • Gross Income $93,600
  • Net Operating Income $58,010

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,345

Year Built

Built in 1989

Lot Details

0

Parking

8

Listing Details

  • CapRate: 3.64
  • Price Per Unit: 398750
  • Property Attached: Yes
  • Zoning: GAR3
  • Property Sub Type: Commercial/Residential
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 6103021077
  • Year Built: 1989
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Stories: 2
  • Entry Location: 1
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Fireplace Features: Family Room
  • Price Per Square Foot: 299.08

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 8.00
  • Total Parking Spaces: 8.00

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Biking

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 6660.00
  • Lot Size Acres: 0.1529

Multi Family

  • Gross Income: 93600.00
  • Gross Multiplier: 17.04
  • Gross Operating Income: 90792.00
  • Gross Scheduled Income: 93600.00
  • Insurance Expense: 5517.00
  • Lot Size Area: 6660.0000 Square Feet
  • Maintenance Expense: 2808.00
  • Net Operating Income: 58010.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 32782.00
  • Other Expense: 3200.00
  • Other Expense Description: Utility
  • Rent Control: No
  • Total Expenses: 32782.00
  • Vacancy Allowance: 2808

Tax Info

  • New Taxes Expense: 20057.00
  • Tax Census Tract: 6030.05
  • Tax Lot: 14
  • Tax Tract Number: 4617
  • TaxOtherAnnualAssessmentAmount: 1108.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 5, 2025
Sold by
Blakely Vandell C and Caceres Lindsey C
Bought by
Prestige Properties Harvard Llc
Current Estimated Value
$1,728,603

Purchase Details

Listed on
Sep 11, 2024
Closed on
Oct 16, 2024
Sold by
Nakamura Nobuichi T and Kenneth K Nakamura Separate Property Tru
Bought by
Blakely Vandell C
Seller's Agent
Brett Lyon
Lyon Stahl Investment Real Estate, Inc.
Buyer's Agent
Ken Ishiki
Lyon Stahl Investment Real Estate
List Price
$1,595,000
Sold Price
$1,650,000
Premium/Discount to List
$55,000
3.45%
Views
2

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.74%
Original Mortgage
$1,237,500
Interest Rate
6.12%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 11, 2024
Closed on
Sep 23, 2024
Sold by
Caceres Lindsey
Bought by
Blakely Vandell C
Seller's Agent
Brett Lyon
Lyon Stahl Investment Real Estate, Inc.
Buyer's Agent
Ken Ishiki
Lyon Stahl Investment Real Estate
List Price
$1,595,000
Sold Price
$1,650,000
Premium/Discount to List
$55,000
3.45%
Views
2

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,237,500
Interest Rate
6.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 15, 1999
Sold by
Nakamura Kenneth K
Bought by
Nakamura Kenneth K and Nakamura Separate Pr Kenneth K

Purchase Details

Closed on
Feb 23, 1994
Sold by
Fidelity Federal Bank Fsb
Bought by
Nakamura Nobuichi T and Nakamura Kenneth K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
8.83%
Mortgage Type
Seller Take Back
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 Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Quit Claim Deed -- None Listed On Document
Grant Deed $1,650,000 First American Title Company
Grant Deed $1,650,000 First American Title Company
Quit Claim Deed -- First American Title Company
Quit Claim Deed -- First American Title Company
Interfamily Deed Transfer -- --
Grant Deed $325,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,237,500 New Conventional
Previous Owner $125,000 Seller Take Back
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/18/2024 11/18/24 Sold $1,650,000 +3.4% $299 / Sq Ft
09/18/2024 09/18/24 Pending -- -- --
09/11/2024 09/11/24 For Sale $1,595,000 -- $289 / 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 $11,345 $1,650,000 $825,000 $825,000
2024 $11,345 $861,834 $618,022 $243,812
2023 $11,146 $844,936 $605,904 $239,032
2022 $10,607 $828,370 $594,024 $234,346
2021 $10,478 $812,128 $582,377 $229,751
2019 $10,144 $788,042 $565,104 $222,938
2018 $9,979 $772,591 $554,024 $218,567
2016 $9,500 $742,592 $532,511 $210,081
2015 $9,344 $731,439 $524,513 $206,926
2014 $9,350 $717,112 $514,239 $202,873
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB24188744

California Regional Multiple Listing Service (CRMLS)

APN: 6103-021-077