NOT LISTED FOR SALE

1562 W 162nd St Gardena, CA 90247

Estimated Value: $1,521,000 - $1,800,303

8 Beds
5 Baths
4,364 Sq Ft
$378/Sq Ft Est. Value

Last Sold September 14, 2012

Last sale price $707,000 $162 Per Sq Ft

Est. 133% increase in value since last sale

Current estimated payment $9,553/month

11 Days on Market

Highlights

  • Contemporary Architecture
  • Tile Flooring
  • 6 Car Garage
  • Laundry Room
  • Forced Air Heating System

About This Home

As of September 2012

Immaculate, Spacious 4 Bedroom + Bonus Room, 2.5 Baths 2-Story House in Front. New Paint throughout the house. New Carpet in Living Room and Upstairs Bedrooms & Hallway. There are 3 Bedrooms upstairs and 1 Bedroom downstairs with mirrored Wardrobe Doors. The Bonus Room has a Fireplace and separate Bathroom. There is an Additional Room with New Laminate Flooring next to the 2-Car Garage. The Kitchen is Clean & Refreshed.
The 2 - 2 Bedroom Apts are in the back above the Garages. They are very large and have a lot of light. One of the 2 Bedrooms has granite counters, stainless stove and Laminate Wood flooring in the kitchen. The bathroom has also been updated.
Both Units have extra large 2-Car Garages with Remotes.
This Triplex is located in the prime Gardena area close to the Civic Center, Fire & Police Department, as well as being very close to Schools and the main Post Office. Shop at Pacific Square and numerous Stores, eat at the many restaurants & take-outs and work-play in Gardena.
INVESTORS DREAM! INCOME INVESTMENT WITH LOTS OF POTENTIAL! Or LIVE IN THE HOUSE AND COLLECT RENT FROM THE 2 UNITS!

Last Agent to Sell the Property

Sharon Tsukamoto

West Shores Realty, Inc. License #01015772 Listed on: 07/14/2012

West Shores Realty, Inc.

Last Buyer's Agent

Sharon Tsukamoto

West Shores Realty, Inc. License #01015772 Listed on: 07/14/2012

West Shores Realty, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,033

Year Built

  • Built in 1987

Lot Details

  • 7,035

Parking

  • 6 Car Garage
  • Parking Available

Home Design

  • Contemporary Architecture
  • Frame Construction
  • Composition Roof
  • Stucco

Interior Spaces

  • 4,364 Sq Ft Home
  • Bonus Room with Fireplace

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 5 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage
  • Gas And Electric Dryer Hookup

Additional Features

  • 7,035 Sq Ft Lot
  • Forced Air Heating System

Listing and Financial Details

  • Tenant pays for electricity
  • Tax Lot 14
  • Tax Tract Number 6033
  • Assessor Parcel Number 6105018015

Community Details

Overview

  • 3 Units

Building Details

  • 1 Leased Unit
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,200
  • Trash Expense $2,028
  • Water Sewer Expense $3,600
  • New Taxes Expense $9,238
  • Gross Income $4,400
  • Net Operating Income $39,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,033

Year Built

Built in 1987

Lot Details

0

Parking

6

Listing Details

  • View: No
  • Water Sewer Expenses: 3600.00
  • Architectural Style: Contemporary
  • Property Type: Residential Income
  • Parcel Number: 6105018015
  • Year Built: 1987
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Flooring: Laminate, Carpet, Tile
  • Appliances: Yes
  • Fireplace Features: Bonus Room
  • Price Per Square Foot: 162.01
  • Room Type: Master Bedroom

Exterior Features

  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Frame, Stucco

Garage/Parking

  • Garage Spaces: 6.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 6.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Forced Air
  • Laundry Features: Gas & Electric Dryer Hookup, In Garage
  • Trash Expense: 2028.00

Lot Info

  • Lot Size Sq Ft: 7035.00
  • Lot Size Acres: 0.1620

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Gross Income: 4400.00
  • Gross Scheduled Income: 52800.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 7035.0000 Square Feet
  • Net Operating Income: 39600.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 1
  • Number Of Units Total: 3
  • Operating Expense: 13200.00
  • Operating Expense Percent: 25.00
  • Rent Control: No
  • Total Actual Rent: 1100.00
  • Vacancy Allowance Rate: 2.00

Tax Info

  • New Taxes Expense: 9238.00
  • Tax Lot: 14
  • Tax Tract Number: 6033

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2012
Closed on
Sep 4, 2012
Sold by
May Elia
Bought by
May Kent
Seller's Agent
Sharon Tsukamoto
West Shores Realty, Inc.
Buyer's Agent
Sharon Tsukamoto
West Shores Realty, Inc.
List Price
$739,000
Sold Price
$707,000
Premium/Discount to List
-$32,000
-4.33%
Current Estimated Value
$1,649,576

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$942,576
Avg. Annual Appreciation
6.67%
Original Mortgage
$494,900
Outstanding Balance
$340,091
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$1,309,485

Purchase Details

Listed on
Jul 14, 2012
Closed on
Aug 3, 2012
Sold by
Nishiyama Rose and Kawate Trust
Bought by
May Kent
Seller's Agent
Sharon Tsukamoto
West Shores Realty, Inc.
Buyer's Agent
Sharon Tsukamoto
West Shores Realty, Inc.
List Price
$739,000
Sold Price
$707,000
Premium/Discount to List
-$32,000
-4.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$494,900
Outstanding Balance
$340,091
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$1,309,485

Purchase Details

Closed on
Oct 23, 1998
Sold by
Kawate Toshiyuki Tr Kawate Trust
Bought by
Kawate Toshiyuki and Kawate Trust
Source: Public Records

Range of Values:

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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 Buyer Sale Price Title Company
May Kent -- Chicago Title Company
May Kent $707,000 Chicago Title Company
Kawate Toshiyuki -- --
Kawate Toshiyuki -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open May Kent $494,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/14/2012 09/14/12 Sold $707,000 -4.3% $162 / Sq Ft
07/25/2012 07/25/12 Pending -- -- --
07/14/2012 07/14/12 For Sale $739,000 -- $169 / 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 $11,033 $870,607 $359,570 $511,037
2024 $11,033 $853,537 $352,520 $501,017
2023 $10,839 $836,802 $345,608 $491,194
2022 $10,311 $820,395 $338,832 $481,563
2021 $10,189 $804,310 $332,189 $472,121
2019 $9,863 $780,455 $322,337 $458,118
2018 $9,677 $765,153 $316,017 $449,136
2016 $9,225 $735,444 $303,747 $431,697
2015 $9,074 $724,398 $299,185 $425,213
2014 $9,076 $710,209 $293,325 $416,884
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: S12088835

California Regional Multiple Listing Service (CRMLS)

APN: 6105-018-015