NOT LISTED FOR SALE

15702 Brighton Ave Gardena, CA 90247

Estimated Value: $1,351,000 - $1,828,000

6 Beds
4 Baths
3,250 Sq Ft
$474/Sq Ft Est. Value

Last Sold July 07, 2015

Last sale price $851,500 $262 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $9,459/month

40 Days on Market

Highlights

  • 0.28 Acre Lot
  • No HOA
  • 4-minute walk to Mas Fukai Park
  • Wood Flooring
  • Floor Furnace

About This Home

As of July 2015

Turn Key 4 unit property located in the best South Gardena Location. Must be sold con-currently with 1443 West 157th st. Buildings make up 8 units, and share court yards and back yards. Some of the units have private yards as well. All come with Garages plus off street parking. Building is easy to maintain and great for the first time investor, or as an up leg in a 1031 exchange. All units have range, oven, microwaves, and dishwashers. Most have restored hard wood flooring inside. Building has great curb appeal. PLEASE DO NOT WALK THE PROPERTY TENANTS UNAWARE OF SALE

Last Agent to Sell the Property

Jack Nemeth

Jack Nemeth, REALTOR License #00917806 Listed on: 03/26/2015

Last Buyer's Agent

Ted Dodd

Haynes Real Estate License #00756734

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,703

Year Built

  • Built in 1943

Lot Details

  • 0.28 Acre Lot
  • Two or More Common Walls

Parking

  • 4 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • 3,250 Sq Ft Home
  • Property Attached
  • Composition Roof

Kitchen

  • Gas Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Outdoor Features

  • Exterior Lighting

Utilities

  • Floor Furnace
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 18
  • Tax Tract Number 10316
  • Assessor Parcel Number 6105009038

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,250
  • Trash Expense $408
  • Water Sewer Expense $3,600
  • New Taxes Expense $9,600
  • Gross Income $4,840
  • Net Operating Income $53,172

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,703

Year Built

Built in 1943

Lot Details

0

Parking

4

Listing Details

  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Water Sewer Expenses: 3600.00
  • Property Type: Residential Income
  • Parcel Number: 6105009038
  • Year Built: 1943
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Stone, Tile, Wood
  • Appliances: Yes
  • Price Per Square Foot: 262.00

Exterior Features

  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 8.00

Utilities

  • Utilities: Natural Gas Available, Sewer Connected
  • Heating: Yes
  • Laundry: No
  • Appliances: Dishwasher, Disposal, Gas Oven, Gas Range, Gas Water Heater, Microwave
  • Electric: Electricity - On Property
  • Heating Type: Floor Furnace
  • Trash Expense: 408.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Sidewalks, Street Lights, Storm Drains

Lot Info

  • Lot Size Sq Ft: 12016.00
  • Price Per Lot Square Foot: 70.86
  • Lot Size Acres: 0.2760

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 4840.00
  • Gross Scheduled Income: 58080.00
  • Insurance Expense: 1250.00
  • Lot Size Area: 12016.0000 Square Feet
  • Net Operating Income: 53172.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Number With Dishwasher: 4
  • Number With Disposal: 4
  • Number With Range: 4
  • Operating Expense: 4908.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 9600.00
  • Tax Lot: 18
  • Tax Tract Number: 10316
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 26, 2015
Closed on
May 12, 2015
Sold by
Liebowitz Joel M and Liebowitz Lauren
Bought by
Carney Kathryn E
Seller's Agent
Jack Nemeth
Jack Nemeth, REALTOR
Buyer's Agent
Ted Dodd
Haynes Real Estate
List Price
$875,000
Sold Price
$851,500
Premium/Discount to List
-$23,500
-2.69%
Total Days on Market
40
Current Estimated Value
$1,541,529

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$690,029
Avg. Annual Appreciation
5.06%
Original Mortgage
$630,000
Interest Rate
3.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 17, 2009
Sold by
Liebowitz Joel M and Liebowitz Lauren
Bought by
Liebowitz Joel M and Liebowitz Lauren

Purchase Details

Closed on
Dec 10, 2004
Sold by
Nemeth Jack and Mcclone Timothy
Bought by
Liebowitz Joel M and Liebowitz Lauren

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$471,250
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 9, 2004
Sold by
Lee Erick B and Williams Eric C
Bought by
Nemeth Jack and Mcclone Timothy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$455,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 19, 2003
Sold by
Lee Olga
Bought by
Lee Erick B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$365,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 4, 2002
Sold by
Carpenter Marilyn Joan Palmer
Bought by
Ernst E J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$246,750
Interest Rate
7.5%

Purchase Details

Closed on
Aug 30, 1989
Sold by
Carpenter M J Tr Viola Palmer Trust
Bought by
Carpenter Marilyn Joan Palmer
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
Carney Kathryn E $851,500 Lawyers Title
Liebowitz Joel M -- None Available
Liebowitz Joel M $725,000 --
Nemeth Jack $650,000 Gateway Title Company
Lee Erick B -- Gateway Title Company
Williams Eric C -- Gateway Title Company
Lee Erick B $487,500 Gateway Title Company
Ernst E J $329,500 Gateway Title Company
Carpenter Marilyn Joan Palmer -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carney Kathryn E $807,350
Closed Carney Kathryn E $800,000
Previous Owner Carney Kathryn E $630,000
Previous Owner Liebowitz Joel M $169,000
Previous Owner Liebowitz Joel M $471,250
Previous Owner Nemeth Jack $455,000
Previous Owner Lee Erick B $365,000
Previous Owner Ernst E J $248,000
Previous Owner Ernst E J $246,750
Previous Owner Carpenter Marilyn Joan Palmer $50,001
Closed Lee Erick B $48,750
Closed Nemeth Jack $97,500
Closed Liebowitz Joel M $108,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/07/2015 07/07/15 Sold $851,500 -2.7% $262 / Sq Ft
05/05/2015 05/05/15 Pending -- -- --
03/26/2015 03/26/15 For Sale $875,000 -- $269 / 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 $12,703 $1,007,405 $591,896 $415,509
2024 $12,703 $987,653 $580,291 $407,362
2023 $12,478 $968,288 $568,913 $399,375
2022 $11,787 $949,303 $557,758 $391,545
2021 $11,663 $930,690 $546,822 $383,868
2019 $11,287 $903,087 $530,604 $372,483
2018 $11,104 $885,380 $520,200 $365,180
2016 $10,610 $851,000 $500,000 $351,000
2015 $8,900 $700,000 $488,800 $211,200
2014 $9,072 $700,000 $488,800 $211,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW15063646

California Regional Multiple Listing Service (CRMLS)

APN: 6105-009-038