NOT LISTED FOR SALE

16104 S Harvard Blvd Gardena, CA 90247

Estimated Value: $1,245,000 - $1,599,024

8 Beds
4 Baths
3,044 Sq Ft
$491/Sq Ft Est. Value

Last Sold September 29, 2021

Last sale price $1,420,000 $466 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $9,878/month

27 Days on Market

Highlights

  • Detached Carport Space
  • Central Heating
  • Ceiling Fan

About This Home

As of September 2021

Present for sale 16104 Harvard Blvd, a stabilized fourplex located in Gardena, California.Built in 1943, the property features four two-bedroom / one-bathroom units, averaging 760 SF per unit. The two story 3,044 SF multi-family building sits on a large 9,943 SF lot. The property has an all-new sprinkler system, new electrical panel, sewer line and copper plumbing throughout the building. Three out of four units have been completely renovated with upgrades to the kitchen, bathrooms, and flooring. The property is in a Very Walkable location with a Walk-Score of 90 with nearby amenities such as Western Super Market, Tokyo Central & Main, Marukai Pacific Market, Harajuku Crepe, Bowl Thai and Volcano Tea House. It is within walking distance from the Gardena Police Department.This property is positioned near the 405 and 110 Freeways as well as in close proximity to Hawthorne Airport, the Pacific coastline, major boulevards, and popular landmarks. Its surrounding area is near Gardenas top employers, Memorial Hospital of Gardena and the Hustler Casino, which employ more than 1,400 people. This investment provides steady cash flows and ownership has collected 100% rents. DO NOT DISTURB THE TENANTS. DRIVE BY ONLY.

Last Agent to Sell the Property

Becky Eriksson

Marcus & Millichap License #02052561 Listed on: 07/21/2021

Last Buyer's Agent

David Yun

Compass License #01965361

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,533

Year Built

  • Built in 1943

Lot Details

  • 9,944

Parking

  • 4 Open Parking Spaces
  • 4 Car Garage
  • Detached Carport Space

Interior Spaces

  • 3,044 Sq Ft Home
  • Ceiling Fan

Kitchen

  • Oven or Range
  • Disposal

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Additional Features

  • 9,944 Sq Ft Lot
  • Central Heating

Community Details

  • 4 Units

Listing and Financial Details

  • The owner pays for water, electricity, gardener
  • Assessor Parcel Number 6105-011-047

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,533

Year Built

Built in 1943

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential Income
  • Street Number Display: No
  • Living Area: 3044
  • Lot Acreage: 0.2283
  • Price Per Unit: 325000.00
  • Probate: No
  • Year Built: 1943
  • Number Of Photos: 11
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 8
  • Total Bathrooms: 4.00
  • Equipment: Range/Oven, Garbage Disposal
  • Price Per S Q F T: 427.07

Exterior Features

  • Other Structures: None

Garage/Parking

  • Garage Spaces: 4
  • Other Spaces: 4
  • Garage Structures: 4
  • Parking Garage: Carport Detached
  • Total Parking: 8

Utilities

  • Cooling: Ceiling Fan
  • Heating: Central

Lot Info

  • Assessed Improvement Percent: 49.25
  • Assessed Improvement Value: 227333
  • Assessed Land Percent: 50.75
  • Assessed Land Value: 234221
  • Total Assessed Value: 461554
  • Assessor Parcel Number: 6105-011-047
  • Lot Size Area: 9944

Rental Info

  • Owner Pays: Water, Electricity, Gardener

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 14.70
  • Number Of Units: 4
  • Total Annual Expense: 27323
  • Type Of Units: 2+1
  • Vacancy Allow Percent: 3.00
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2021
Closed on
Nov 19, 2021
Sold by
Ghassemi Nadia
Bought by
16104 Harvard Llc
Seller's Agent
Becky Eriksson
Marcus & Millichap
Buyer's Agent
David Yun
Compass
List Price
$1,300,000
Sold Price
$1,420,000
Premium/Discount to List
$120,000
9.23%
Current Estimated Value
$1,496,006

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,006

Purchase Details

Listed on
Jul 21, 2021
Closed on
Sep 13, 2021
Sold by
Isabella Marco
Bought by
Ghassemi Nadia
Seller's Agent
Becky Eriksson
Marcus & Millichap
Buyer's Agent
David Yun
Compass
List Price
$1,300,000
Sold Price
$1,420,000
Premium/Discount to List
$120,000
9.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,042,500
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 21, 2021
Closed on
Aug 31, 2021
Sold by
Purifoy Tracy Jeanine and Tracy Jeanine Purifoy
Bought by
Ghassemi Nadia
Seller's Agent
Becky Eriksson
Marcus & Millichap
Buyer's Agent
David Yun
Compass
List Price
$1,300,000
Sold Price
$1,420,000
Premium/Discount to List
$120,000
9.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,042,500
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 8, 2018
Sold by
Purifoy Tracy
Bought by
Purifoy Tracy Jeanine and The Tracy Jeanine Purifoy Revo

Purchase Details

Closed on
Oct 24, 2000
Sold by
Yee Suey Y Co Tr Suey Y Yee Trust
Bought by
Purifoy Tracy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,793
Interest Rate
7.71%

Purchase Details

Closed on
Oct 23, 1996
Sold by
Yee Suey Y
Bought by
Yee Suey Ying and Yee Suey Ying Gee
Source: Public Records

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Range of Values:

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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
16104 Harvard Llc -- None Available
Ghassemi Nadia -- North American Title Company
Ghassemi Nadia $1,420,000 North American Title Company
Purifoy Tracy Jeanine -- None Available
Purifoy Tracy $335,000 Equity Title
Yee Suey Ying -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ghassemi Nadia $1,042,500
Previous Owner Tracy Jeanime Purifoy Rlt $200,000
Previous Owner Purifoy Tracy $391,000
Previous Owner Purifoy Tracy $350,793
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2021 09/29/21 Sold $1,420,000 +9.2% $466 / Sq Ft
08/17/2021 08/17/21 Pending -- -- --
07/21/2021 07/21/21 For Sale $1,300,000 -- $427 / 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
2024 $18,533 $1,477,368 $832,320 $645,048
2023 $18,201 $1,448,400 $816,000 $632,400
2022 $17,297 $1,420,000 $800,000 $620,000
2021 $6,374 $466,335 $236,647 $229,688
2019 $6,178 $452,505 $229,629 $222,876
2018 $5,989 $443,633 $225,127 $218,506
2016 $5,706 $426,408 $216,386 $210,022
2015 $5,611 $420,004 $213,136 $206,868
2014 $5,624 $411,777 $208,961 $202,816
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 21-769066

The MLS

APN: 6105-011-047