NOT LISTED FOR SALE

Estimated Value: $2,420,907

0.32 Acre
$7,670,808 Price per Acre
13,748 Sq Ft Lot

Last Sold April 09, 2024

Last sale price $2,400,000 $1,646 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $14,760/month

189 Days on Market

About This Lot

As of April 2024

Residential/Commercial Land for Development on the intersection of two main arteries in the city of Gardena! Approx. 13,762 Sq Ft Of prime land on the signalized SW corner of Crenshaw and Marine in the City of Gardena! C-2 Zoning with CG land use allows you to build up to 36 residential units to serve the immediate needs of the community, or on the commercial end, build approx. 1,000 sq ft drive thru for any food use!

Last Agent to Sell the Property

Eli Mashiach

MGB Realty Group License #01348839 Listed on: 08/29/2023

Co-Listed By

Shelly Mashiach

MGB Realty Group License #01916382

Last Buyer's Agent

Eli Mashiach

MGB Realty Group License #01348839 Listed on: 08/29/2023

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $24,770

Lot Details

  • 0.32 Acre Lot
  • Lot Dimensions are 100x140
  • Property is zoned LCC2YY

Utilities

  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 4070-001-001

Property Details

Property Type

Land

Est. Annual Taxes

$24,770

Lot Details

0

Listing Details

  • Property Type: Land
  • Street Number Display: Yes
  • Lot Acreage: 0.3156
  • Lot Dimensions: 100x140
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: No

Utilities

  • Cable: Yes
  • Telephone: Yes

Lot Info

  • Assessor Parcel Number: 4070-001-001
  • Lot Size Area: 13762

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 29, 2023
Closed on
Mar 25, 2024
Sold by
Portfolio Management Llc
Bought by
Vargas Julio C and Gutierrez Paulina
Seller's Agent
Eli Mashiach
MGB Realty Group
Buyer's Agent
Eli Mashiach
MGB Realty Group
List Price
$2,700,000
Sold Price
$2,400,000
Premium/Discount to List
-$300,000
-11.11%
Views
92
Current Estimated Value
$2,420,907

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,907
Avg. Annual Appreciation
0.56%
Original Mortgage
$900,000
Outstanding Balance
$885,774
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
$1,535,133

Purchase Details

Closed on
Aug 6, 2010
Sold by
Park Sungmin
Bought by
Pak Ann H

Purchase Details

Closed on
Jun 26, 2003
Sold by
Hong James
Bought by
Chun Yong Hui
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Vargas Julio C $2,400,000 Wfg National Title
Pak Ann H -- None Available
Choi Grace H -- None Available
Chun Yong Hui -- Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vargas Julio C $900,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/09/2024 04/09/24 Sold $2,400,000 0.0% $1,646 / Sq Ft
03/05/2024 03/05/24 Pending -- -- --
11/15/2023 11/15/23 Price Changed $2,400,000 -11.1% $1,646 / Sq Ft
08/29/2023 08/29/23 For Sale $2,700,000 -- $1,852 / Sq Ft
Source: The MLS

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 $24,770 $2,448,000 $2,448,000 --
2024 $24,770 $1,857,113 $1,750,993 $106,120
2023 $23,459 $1,820,700 $1,716,660 $104,040
2022 $23,486 $1,785,000 $1,683,000 $102,000
2021 $7,137 $423,285 $378,984 $44,301
2020 $7,147 $418,945 $375,098 $43,847
2019 $6,932 $410,732 $367,744 $42,988
2018 $6,542 $402,680 $360,534 $42,146
2016 $6,163 $387,045 $346,535 $40,510
2015 $6,035 $381,232 $341,330 $39,902
2014 $6,014 $373,765 $334,644 $39,121
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 23-305715

The MLS

APN: 4070-001-001