NOT LISTED FOR SALE

1640 W 169th Place Gardena, CA 90247

Estimated Value: $1,318,000 - $1,500,000

7 Beds
5 Baths
3,761 Sq Ft
$373/Sq Ft Est. Value

Last Sold November 08, 2021

Last sale price $1,225,000 $326 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $8,720/month

60 Days on Market

Highlights

  • Laundry Room
  • Central Heating
  • Level Lot

About This Home

As of November 2021

Terrific location on quiet street in prime central Gardena location, huge lot, very private, off street parking plus garages and yard spaces. Large 3 bedroom 2.5 front house, could be used as a 4 bedroom, two 2 bedroom 1 bath homes in the back, a very good long term investment, long term owners, current rents are low.

Last Agent to Sell the Property

Steve Schloeder

Bonanza Realty License #00612682 Listed on: 07/21/2021

Co-Listed By

Samuel Schloeder

Bonanza Realty License #01994415

Last Buyer's Agent

Steve Schloeder

Bonanza Realty License #00612682 Listed on: 07/21/2021

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1976

Lot Details

  • 9,071 Sq Ft Lot
  • 1 Common Wall
  • Level Lot

Parking

  • 3 Open Parking Spaces
  • 3 Car Garage

Home Design

  • 3,761 Sq Ft Home
  • Triplex

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 5 Bathrooms

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Additional Features

  • Suburban Location
  • Central Heating

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 5
  • Tax Tract Number 30868
  • Assessor Parcel Number 6106008029

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • 3 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $840
  • Insurance Expense $4,800
  • Professional Management Expense $3,576
  • Water Sewer Expense $4,992
  • Operating Expense $14,358
  • Gross Income $51,000
  • Net Operating Income $36,642

Property Details

Home Type

Multi-Family

Year Built

Built in 1976

Lot Details

9,071 Sq Ft Lot

Parking

3

Listing Details

  • Professional Management Expense: 3576.00
  • Property Attached: Yes
  • Water Sewer Expenses: 4992.00
  • Zoning: GAR2
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Gardener Expense: 840.00
  • Parcel Number: 6106008029
  • Year Built: 1976
  • Special Features: None

Interior Features

  • Common Walls: 1 Common Wall
  • Levels: Two
  • Price Per Square Foot: 325.71

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Gas Dryer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level
  • Lot Size Sq Ft: 9071.00
  • Lot Size Acres: 0.2082

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Average1 Bed Area: 1998 Square Feet
  • Average2 Bed Area: 881 Square Feet
  • Average3 Bed Area: 882 Square Feet
  • Gross Income: 51000.00
  • Gross Scheduled Income: 51000.00
  • Insurance Expense: 4800.00
  • Lot Size Area: 9071.0000 Square Feet
  • Net Operating Income: 36642.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Operating Expense: 14358.00
  • Rent Control: No
  • Total Actual Rent: 4025.00
  • Total Expenses: 14358.00

Tax Info

  • Tax Census Tract: 6033.02
  • Tax Lot: 5
  • Tax Tract Number: 30868

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2021
Closed on
Sep 16, 2021
Sold by
Amended 2005 2010 and Castaneda Qtip Trust
Bought by
Newton James and Newton Ha
Seller's Agent
Steve Schloeder
Bonanza Realty
Buyer's Agent
Steve Schloeder
Bonanza Realty
List Price
$1,375,000
Sold Price
$1,225,000
Premium/Discount to List
-$150,000
-10.91%
Current Estimated Value
$1,404,037

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$179,037
Avg. Annual Appreciation
3.16%
Original Mortgage
$1,202,812
Interest Rate
2.88%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 15, 2020
Sold by
Casraneda Arthur A and Casraneda Adrianne E
Bought by
Casraneda Arthur A and Casraneda Adrianne E

Purchase Details

Closed on
Apr 15, 2015
Sold by
Weber John W and The Carl & Fran Weber Trust
Bought by
The Castaneda Trust

Purchase Details

Closed on
Sep 28, 2010
Sold by
Weber Carl and The Carl & Fran Weber Trust
Bought by
Weber Carl and Trust A

Purchase Details

Closed on
Oct 12, 2005
Sold by
Yoda George Kazuo and Yoda Carolyn Emiko
Bought by
Weber Carl and Weber Frances H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
5.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 9, 2001
Sold by
Castaneda Arthur and Castaneda Julia
Bought by
Castaneda Arthur A and Castaneda Julia M

Purchase Details

Closed on
Jun 12, 1995
Sold by
Weber Carl and Weber Frances H
Bought by
Weber Carl and Weber Frances H
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Newton James $1,225,000 Fidelity National Title
Casraneda Arthur A -- North American Title
The Castaneda Trust $142,500 Ticor Title Co
Weber Carl -- None Available
Weber Carl -- Southland Title Corporation
Castaneda Arthur A -- --
Weber Carl -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Newton James $1,202,812
Previous Owner Weber Carl $350,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/08/2021 11/08/21 Sold $1,225,000 -10.9% $326 / Sq Ft
09/20/2021 09/20/21 Pending -- -- --
07/21/2021 07/21/21 For Sale $1,375,000 -- $366 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $16,015 $1,299,979 $833,048 $466,931
2024 $16,015 $1,274,490 $816,714 $457,776
2023 $15,729 $1,249,500 $800,700 $448,800
2022 $14,949 $1,225,000 $785,000 $440,000
2021 $5,293 $383,102 $152,458 $230,644
2020 $5,327 $379,175 $150,895 $228,280
2019 $5,130 $371,741 $147,937 $223,804
2018 $4,960 $364,453 $145,037 $219,416
2016 $7,188 $563,463 $304,575 $258,888
2015 $3,390 $240,254 $56,110 $184,144
2014 $3,402 $235,548 $55,011 $180,537
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB21153527

California Regional Multiple Listing Service (CRMLS)

APN: 6106-008-029

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