NOT LISTED FOR SALE

15017 Chadron Ave Gardena, CA 90249

Alondra Park Area
3 Beds
2 Baths
10,496 Sq Ft
0.36 Acre Lot

Sale Details

Date Sold: March 16, 2012

Last sale price $1,625,000 $155 Per Sq Ft

49 Days on Market

About This Home

As of March 2012

Excellent location adjacent to recent condo re-development on Marine. Property is fully occupied consisting of (8) 2-BD/1-BA and (8) 1-BD/1BA. Individually metered for gas and electricity, large 15,000SF lot, 24 open parking spaces, large interior upgrades, and rents severely below market. Property has already been appraised at or above the list price. Owner purchased the asset in 2008 at $1,750,000 and put a great deal of capital expenditures into the asset. One of the lowest price per unit deals in true Gardena. With an assumable loan at 4.6% or new loan at 4.0%, 5-Year Fixed with maximum leverage. Loan terms subject to markets changes. Long term on-site manager, priced aggressively on a unit cost, and a fairly new roof. A double digit cash-on-cash return is easily attainable with modest rent increases. Turnkey, ease of management, experienced on-site, perfect for a passive investor. Please see private remarks.

Last Agent to Sell the Property

Jonathan Nikfarjam

Shield CRE, Inc. License #01856803 Listed on: 11/18/2011

Last Buyer's Agent

Subscriber Non

Non-Participant Office License #13252

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1957

Lot Details

  • 15,616 Sq Ft Lot

Parking

  • 24 Parking Spaces

Interior Spaces

  • 10,496 Sq Ft Home
  • 2-Story Property

Community Details

  • 2 Buildings
  • 16 Units

Listing and Financial Details

  • Assessor Parcel Number 4071-016-013

Property Details

Home Type

Multi-Family

Year Built

Built in 1957

Lot Details

0.36 Acres

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 10496
  • Stories: 2
  • Year Built: 1957
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Price Per S Q F T: 154.82

Exterior Features

  • Pool: No

Garage/Parking

  • Total Parking: 24

Lot Info

  • Assessed Improvement Value: 1050000
  • Assessed Land Value: 700000
  • Assessor Parcel Number: 4071-016-013
  • Lot Size Area: 15616

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 9.22
  • Number Of Units: 16
  • Rent Control: 0
  • Type Of Units: Apartment

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Gardena, CA

  • Peggy Lim Real Estate Agent - Real Brokerage Technologies

    Peggy Lim

    Real Brokerage Technologies

    (626) 889-5586

    85 Total Sales

    1 in Alondra Park

    $950,000 Price

    Peggy Lim
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  • Maria Barragan Real Estate Agent - Realty ONE Group United

    Maria Barragan

    Realty ONE Group United

    (424) 336-8371

    54 Total Sales

    1 in Alondra Park

    $825,000 Price

    Maria Barragan
     Section Image
  • Vanessa Velardez Real Estate Agent - Coldwell Banker Residential Br

    Vanessa Velardez

    Coldwell Banker Residential Br

    (424) 242-1252

    24 Total Sales

    2 in Alondra Park

    $825K - $928K Price Range

    Vanessa Velardez
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  • Flor Butler Real Estate Agent - Coastal Equities California Real Estate Brokers

    Flor Butler

    Coastal Equities California Real Estate Brokers

    (424) 380-6857

    12 Total Sales

    1 in Alondra Park

    $1,149,000 Price

    Flor Butler
     Section Image
  • Hasaranga Ratnayake Real Estate Agent - BEST PROPERTY MANAGEMENT & REA

    Hasaranga Ratnayake

    BEST PROPERTY MANAGEMENT & REA

    (951) 877-5217

    57 Total Sales

    1 in Alondra Park

    $1,325,000 Price

    Hasaranga Ratnayake
     Section Image
  • Gina Lemus Real Estate Agent - Compass

    Gina Lemus

    Compass

    (424) 338-9732

    11 Total Sales

    1 in Alondra Park

    $875,000 Price

    Gina Lemus
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,437,500 Fidelity National Title Comp
Freitag James M -- None Available
Tvoc Properties Llc $1,750,000 Fidelity National Title Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $1,750,000
Previous Owner Tvoc Properties Llc $1,068,750
Previous Owner Tvoc Properties Llc $1,050,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/16/2012 03/16/12 Sold $1,625,000 0.0% $155 / Sq Ft
01/06/2012 01/06/12 Pending -- -- --
11/18/2011 11/18/11 For Sale $1,625,000 -- $155 / Sq Ft
Source: The MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $39,342 $2,702,170 $1,021,528 $1,680,642
2025 $39,342 $2,649,194 $1,001,502 $1,647,692
2024 $37,650 $2,597,250 $981,865 $1,615,385
2023 $34,760 $2,546,324 $962,613 $1,583,711
2022 $34,755 $2,496,397 $943,739 $1,552,658
2021 $33,927 $2,447,449 $925,235 $1,522,214
2019 $32,735 $2,376,158 $897,793 $1,478,365
2018 $25,724 $1,795,144 $662,342 $1,132,802
2016 $23,774 $1,724,188 $636,623 $1,087,565
2015 $23,179 $1,698,290 $627,061 $1,071,229
2014 $23,083 $1,665,024 $614,778 $1,050,246
Source: Public Records

Agents Affiliated with this Home

  • Jonathan Nikfarjam Real Estate Agent - Shield CRE, Inc.

    Seller's Agent in 2012

    Jonathan Nikfarjam

    Shield CRE, Inc.

    (310) 880-6807

    83 Total Sales

    Jonathan Nikfarjam
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  • SN

    Buyer's Agent in 2012

    Subscriber Non

    Non-Participant Office

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Map

Source: The MLS

MLS Number: 11-567511

The MLS
California Los Angeles County Gardena 90249

15017 Chadron Ave, Gardena, CA

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