NOT LISTED FOR SALE

1540 W 145th St Gardena, CA 90247

Gardena Area
18 Beds
12 Baths
11,240 Sq Ft
0.43 Acre Lot

Sale Details

Date Sold: February 1, 2022

Last sale price $3,650,000 $325 Per Sq Ft

26 Days on Market

Highlights

  • 0.43 Acre Lot
  • Garden
  • 4-minute walk to Vincent Bell Memorial Park
  • No HOA
  • Laundry Facilities

About This Home

As of February 2022

Great opportunity to own a 14 unit apartment building in the heart of Gardena (no rent control), close to shopping and restaurants. Upside with current low rents and large lot + courtyard - perfect for potential ADU. Owner takes $50K management fee included in P&L. Tons of off street parking.

Last Agent to Sell the Property

Gary Elminoufi

Beach City Brokers License #01139207 Listed on: 10/22/2021

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1962

Lot Details

  • 18,831 Sq Ft Lot
  • Two or More Common Walls
  • Garden

Parking

  • 14 Car Garage

Home Design

  • 11,240 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 18 Bedrooms
  • 12 Bathrooms

Listing and Financial Details

  • Legal Lot and Block 23 / 3
  • Tax Tract Number 2005
  • Assessor Parcel Number 6103012041
  • $3,225 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 14 Units

Amenities

  • Laundry Facilities

Building Details

  • Electric Expense $1,680
  • Fuel Expense $3,600
  • Insurance Expense $15,674
  • Professional Management Expense $48,925
  • Trash Expense $8,799
  • Water Sewer Expense $14,400
  • Operating Expense $93,078
  • Gross Income $269,260
  • Net Operating Income $155,485

Property Details

Home Type

Multi-Family

Year Built

Built in 1962

Lot Details

0.43 Acres

Parking

14

Listing Details

  • Professional Management Expense: 48925.00
  • Property Attached: Yes
  • Water Sewer Expenses: 14400.00
  • Zoning: GAR3
  • Property Type: Residential Income
  • Parcel Number: 6103012041
  • Year Built: 1962
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 324.73

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 14.00
  • Total Parking Spaces: 14.00

Utilities

  • Laundry: Yes
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Trash Expense: 8799.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Garden
  • Lot Size Sq Ft: 18831.00
  • Lot Size Acres: 0.4323

Multi Family

  • Electric Expense: 1680.00
  • Fuel Expense: 3600.00
  • Gross Income: 269260.00
  • Gross Scheduled Income: 269260.00
  • Insurance Expense: 15674.00
  • Lot Size Area: 18831.0000 Square Feet
  • Net Operating Income: 155485.00
  • Number Of Units Total: 14
  • Operating Expense: 113775.00
  • Rent Control: No
  • Total Expenses: 93078.00

Tax Info

  • Tax Block: 3
  • Tax Census Tract: 6030.05
  • Tax Lot: 23
  • Tax Tract Number: 2005
  • TaxOtherAnnualAssessmentAmount: 3225.00

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
$3,650,000 Lawyers Title
Racc Properties Llc -- Fntc
Racc Properties Llc $1,735,000 Ticor Title Co
Starkman Peter M -- None Available
Starkman Peter M -- Accommodation
Swette Glen $1,758,500 Lawyers Title
Franco Walter $830,000 First American 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 $3,260,000
Previous Owner Mcp Gardena Llc $2,555,000
Previous Owner Racc Properties Llc $735,000
Previous Owner Racc Properties Llc $800,000
Previous Owner Swette Glen $1,305,000
Previous Owner Franco Walter $335,000
Previous Owner Franco Walter $985,000
Previous Owner Franco Walter $622,500
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 Prior Sale
02/01/2022 02/01/22 Sold $3,650,000 -3.8% $325 / Sq Ft
11/17/2021 11/17/21 Pending -- -- --
10/22/2021 10/22/21 For Sale $3,795,000 +118.7% $338 / Sq Ft
07/31/2012 07/31/12 Sold $1,735,000 -6.7% $154 / Sq Ft View Prior Sale
05/21/2012 05/21/12 Pending -- -- --
01/26/2012 01/26/12 For Sale $1,860,000 -- $165 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $49,861 $3,950,876 $1,975,438 $1,975,438
2025 $49,861 $3,873,408 $1,936,704 $1,936,704
2024 $48,423 $3,797,460 $1,898,730 $1,898,730
2023 $47,562 $3,723,000 $1,861,500 $1,861,500
2022 $26,426 $2,013,290 $1,433,092 $580,198
2021 $26,151 $1,973,815 $1,404,993 $568,822
2019 $25,340 $1,915,592 $1,363,321 $552,271
2018 $24,892 $1,878,039 $1,336,590 $541,449
2016 $23,705 $1,804,807 $1,284,690 $520,117
2015 $23,316 $1,777,698 $1,265,393 $512,305
2014 $23,350 $1,742,876 $1,240,606 $502,270
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB21231482

California Regional Multiple Listing Service (CRMLS)
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