NOT LISTED FOR SALE

15809 Brighton Ave Unit 1 Gardena, CA 90247

Estimated Value: $1,917,000 - $2,892,437

10 Beds
6 Baths
4,911 Sq Ft
$479/Sq Ft Est. Value

Last Sold August 11, 2022

Last sale price $1,855,000 $378 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $15,208/month

15 Days on Market

Highlights

  • No Units Above
  • No HOA
  • Laundry Room
  • Lawn
  • Park
  • 1-minute walk to Mas Fukai Park

About This Home

As of August 2022

GREAT INVESTOR OPPORTUNITY IN GARDENA! Turn-Key 4-Unit Currently Renovating Owners Unit. 4,911 sq.ft Building on a 7,501 sq. ft Lot, Built-in 1987. This Property has been well maintained and has a great Curb-Appeal! The front unit includes a 2-Story Owners Unit with 4BD/3 full baths and approx 2,200 Sqft of Living Space. Two car garage is attached. Just repainted interior and flooring is being installed. Grand Living Room with a Gas Burning Fireplace. Unit #2 Kitchen and Bath were updated in May 2021. Unit #3 Bathroom was updated approx 7 years ago. Unit #4 Townhouse-style unit. The kitchen and bath were updated in June 2021. The building has 3 separate two-car garages. Community Laundry is on-site. All Units are Month-to-Month. Separate Gas and electric meters. One water meter but the owner installed sub-meters if you chose to bill for water. Currently, the owner pays for water. A Perfect Extremely Desirable Location Park is across the street, with easy access to public transportation, and to the 110, 91, & 405 freeways. Close to El Camino College. Nice Curb Appeal and Landscaping.

Last Agent to Sell the Property

Eric Baskett

Circle Real Estate License #01446685 Listed on: 06/27/2022

Circle Real Estate

Last Buyer's Agent

Kimiyasu Murayoshi

Andrew C. Lee License #01329437

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $31,951

Year Built

  • Built in 1987

Lot Details

  • 7,501 Sq Ft Lot
  • Lot Dimensions are 50x150
  • No Units Above
  • No Units Located Below
  • Two or More Common Walls
  • Lawn

Parking

  • 6 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Quadruplex
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 4,911 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 6 Bathrooms

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, telephone
  • Legal Lot and Block 17 / 3
  • Tax Tract Number 603
  • Assessor Parcel Number 6105014015

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Amenities

  • Laundry Facilities

Recreation

  • Park

Building Details

  • 3 Leased Units
  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $420
  • Fuel Expense $20
  • Insurance Expense $3,636
  • Other Expense $54
  • Trash Expense $900
  • Water Sewer Expense $3,600
  • Operating Expense $8,576
  • Gross Income $600
  • Net Operating Income $112,624

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$31,951

Year Built

Built in 1987

Lot Details

0

Parking

6

Listing Details

  • Assessments: Yes
  • Price Per Unit: 462500
  • Property Attached: Yes
  • View: No
  • Water Sewer Expenses: 3600.00
  • Zoning: GAR3
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 6105014015
  • Year Built: 1987
  • Special Features: None

Interior Features

  • Stories: 1
  • Entry Location: ground
  • Common Walls: 2+ Common Walls, No One Above, No One Below
  • Levels: Two
  • Price Per Square Foot: 377.72

Exterior Features

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

Garage/Parking

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

Utilities

  • Laundry: Yes
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Trash Expense: 900.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lawn
  • Lot Size: 50x150
  • Lot Size Sq Ft: 7501.00
  • Lot Size Acres: 0.1722

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Telephone

Multi Family

  • Electric Expense: 420.00
  • Fuel Expense: 20.00
  • Gross Income: 600.00
  • Gross Operating Income: 121200.00
  • Gross Scheduled Income: 120600.00
  • Insurance Expense: 3636.00
  • Laundry Equipment Own Lease: Own
  • Laundry Income: 600.00
  • Lot Size Area: 7501.0000 Square Feet
  • Net Operating Income: 112624.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 4
  • Operating Expense: 8576.00
  • Other Expense: 54.00
  • Other Expense Description: Business
  • Rent Control: No
  • Total Actual Rent: 6095.00
  • Total Expenses: 8576.00

Tax Info

  • Tax Block: 3
  • Tax Census Tract: 6033.01
  • Tax Lot: 17
  • Tax Tract Number: 603...

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 5, 2023
Sold by
Open House Investments Llc
Bought by
Koyo Sangyo Co Ltd
Current Estimated Value
$2,354,609

Purchase Details

Listed on
Jun 27, 2022
Closed on
Jul 20, 2022
Sold by
Franklin Melvin L
Bought by
Open House Investments Llc
Seller's Agent
Eric Baskett
Circle Real Estate
Buyer's Agent
Kimiyasu Murayoshi
Andrew C. Lee
List Price
$1,850,000
Sold Price
$1,855,000
Premium/Discount to List
$5,000
0.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.56%

Purchase Details

Closed on
Mar 1, 2021
Sold by
Franklin Melvin L and Franklin Karen L
Bought by
Franklin Melvin L and Franklin Karen L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$520,300
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 20, 2015
Sold by
Franklin Karen Louise
Bought by
Franklin Melvin L and Franklin Karen L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$510,000
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 18, 2015
Sold by
Franklin Melvin L
Bought by
Barnett Karen Louise Franklin

Purchase Details

Closed on
May 28, 2003
Sold by
Franklin Melvin L and Franklin Trust
Bought by
Franklin Melvin L and Franklin Trust
Source: Public Records

Range of Values:

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Average Value
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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
Koyo Sangyo Co Ltd $2,550,000 Chicago Title Company
Open House Investments Llc $1,855,000 First American Title Company O
Franklin Melvin L -- Title Connect Inc
Franklin Melvin L -- None Available
Barnett Karen Louise Franklin -- None Available
Franklin Melvin L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Franklin Melvin L $520,300
Previous Owner Franklin Melvin L $510,000
Previous Owner Franklin Melvin L $250,000
Previous Owner Franklin Melvin L $249,230
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/11/2022 08/11/22 Sold $1,855,000 0.0% $378 / Sq Ft
07/13/2022 07/13/22 Pending -- -- --
07/12/2022 07/12/22 Off Market $1,855,000 -- --
06/27/2022 06/27/22 For Sale $1,850,000 -- $377 / 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 $31,951 $2,653,020 $1,591,812 $1,061,208
2024 $31,951 $2,601,000 $1,560,600 $1,040,400
2023 $23,119 $1,855,000 $1,020,000 $835,000
2022 $6,402 $464,570 $47,328 $417,242
2021 $6,322 $455,461 $46,400 $409,061
2020 $6,363 $450,792 $45,925 $404,867
2019 $6,128 $441,954 $45,025 $396,929
2018 $8,088 $615,986 $188,522 $427,464
2016 $7,694 $592,068 $181,202 $410,866
2015 $5,546 $410,212 $41,793 $368,419
2014 -- $402,178 $40,975 $361,203
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB22133841

California Regional Multiple Listing Service (CRMLS)

APN: 6105-014-015