Seller's Agent in 2022
Woody Stahl
Lyon Stahl Investment Real Est
(310) 710-3829
2 in this area
151 Total Sales
16609 S Denver Ave Gardena, CA 90248
Harbor Gateway NeighborhoodEstimated Value: $1,210,000 - $1,413,367
9
Beds
6
Baths
3,909
Sq Ft
$347/Sq Ft
Est. Value
About This Home
As of May 202216609 S Denver Ave is a well-positioned 4-Unit building in Gardena. Built in 1965, the 3,909 SF building sits on a 5,649 SF lot, and features (1) 3-bed/2-bath units, (1) 2-bed/1.5-bath units, and (2) 2-Bed/1-Bath Units. The property also includes a total of 8 parking spaces, a gated driveway, on-site laundry, and a private back yard.
Given the ideal location just east of the 110 Freeway, this is a great opportunity for any Los Angeles CRE investor to maximize their income stream.
Last Agent to Sell the Property
Lyon Stahl Investment Real Est License #01399621 Listed on: 03/03/2022
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1965
Lot Details
- 5,649 Sq Ft Lot
- 1 Common Wall
- Private Yard
Home Design
- Property Attached
Interior Spaces
- 3,909 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 9 Bedrooms
- 6 Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Listing and Financial Details
- Tax Lot 8
- Tax Tract Number 24318
- Assessor Parcel Number 6121004008
- $944 per year additional tax assessments
Community Details
Overview
- 4 Units
Building Details
- 3 Leased Units
- Rent Control
- 4 Separate Electric Meters
- 1 Separate Gas Meter
- 1 Separate Water Meter
- Gardener Expense $1,200
- Insurance Expense $1,564
- Maintenance Expense $2,979
- Other Expense $3,200
- New Taxes Expense $17,388
- Operating Expense $26,280
- Gross Income $99,288
- Net Operating Income $70,029
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 3, 2022
Closed on
Mar 30, 2022
Sold by
Grand Discovery Properties Llc
Bought by
Sebhatu Musseye
Seller's Agent
Woody Stahl
Lyon Stahl Investment Real Est
List Price
$1,395,000
Sold Price
$1,335,000
Premium/Discount to List
-$60,000
-4.3%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,592
Avg. Annual Appreciation
0.41%
Original Mortgage
$1,134,750
Outstanding Balance
$1,086,536
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$270,056
Purchase Details
Listed on
Apr 24, 2017
Closed on
Jun 16, 2017
Sold by
Hsu Craig and Hsu Karen
Bought by
Grand Discovery Properties Llc
Seller's Agent
Brett Lyon
Lyon Stahl Investment Real Estate, Inc.
Buyer's Agent
Craig Hsu
Buckingham Investments, Inc
List Price
$795,000
Sold Price
$795,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.11%
Original Mortgage
$599,250
Interest Rate
4.03%
Mortgage Type
New Conventional
Purchase Details
Listed on
Apr 24, 2017
Closed on
May 10, 2017
Sold by
Hong Phillip and Hong Mimi
Bought by
Hsu Craig and Hsu Karen
Seller's Agent
Brett Lyon
Lyon Stahl Investment Real Estate, Inc.
Buyer's Agent
Craig Hsu
Buckingham Investments, Inc
List Price
$795,000
Sold Price
$795,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$599,250
Interest Rate
4.03%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 27, 2015
Sold by
Hong Phillip Robert
Bought by
Phillip & Mimi Hong 2014 Trust
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$535,000
Interest Rate
3.57%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 10, 2014
Sold by
Hong Phillip Robert and Hong Mimi
Bought by
Hong Phillip and Hong Mimi
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$535,000
Interest Rate
4.25%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 7, 2014
Sold by
Hong Philip and Hong Philip Robert
Bought by
Hong Philip and Hong Mimi
Purchase Details
Listed on
Aug 23, 2013
Closed on
Oct 23, 2013
Sold by
Hong Mimi Mui
Bought by
Hong Phillip Robert
Seller's Agent
Angelica Suarez
Estate Properties
Buyer's Agent
Angelica Suarez
Estate Properties
List Price
$559,000
Sold Price
$540,000
Premium/Discount to List
-$19,000
-3.4%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.76%
Original Mortgage
$405,000
Interest Rate
4.23%
Mortgage Type
New Conventional
Purchase Details
Listed on
Aug 23, 2013
Closed on
Oct 3, 2013
Sold by
Federal National Mortgage Association
Bought by
Hong Phillip Robert
Seller's Agent
Angelica Suarez
Estate Properties
Buyer's Agent
Angelica Suarez
Estate Properties
List Price
$559,000
Sold Price
$540,000
Premium/Discount to List
-$19,000
-3.4%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$405,000
Interest Rate
4.23%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 15, 2010
Sold by
Ujadughele Tony
Bought by
Federal National Mortgage Association
Purchase Details
Closed on
Sep 7, 1999
Sold by
Ujadughele Grace
Bought by
Ujadughele Tony
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,250
Interest Rate
8.09%
Purchase Details
Closed on
Aug 5, 1999
Sold by
Hud
Bought by
Ujadughele Tony
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,250
Interest Rate
8.09%
Purchase Details
Closed on
Dec 10, 1998
Sold by
Norwest Mtg Inc
Bought by
Hud
Purchase Details
Closed on
Apr 21, 1998
Sold by
Wang Harry W
Bought by
Norwest Mtg Inc
Purchase Details
Closed on
Dec 24, 1996
Sold by
Hill Douglas
Bought by
Pearson Henry
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$287,140
Interest Rate
7.59%
Mortgage Type
FHA
Purchase Details
Closed on
Sep 19, 1996
Sold by
Berkeley Federal Bank Fsb
Bought by
Hill Douglas
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
7.88%
Purchase Details
Closed on
Nov 17, 1995
Sold by
Wang Harry H L and Wang Kim W
Bought by
Berkeley Federal Bank & Trust Fsb
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Sebhatu Musseye | $1,330,454 | Chicago Title | |
| Grand Discovery Properties Llc | -- | None Available | |
| Hsu Craig | $799,000 | Fidelity National Title | |
| Phillip & Mimi Hong 2014 Trust | -- | Pacific Coast Title Company | |
| Hong Phillip Robert | -- | Pacific Coast Title Company | |
| Hong Phillip Robert | -- | Pacific Coast Title Company | |
| Hong Phillip | -- | Accommodation | |
| Hong Phillip Robert | -- | Lawyers Title | |
| Hong Philip | -- | None Available | |
| Hong Phillip Robert | -- | First American Title Ins Co | |
| Hong Phillip Robert | $540,000 | First American Title Ins Co | |
| Federal National Mortgage Association | $374,744 | Landsafe Title | |
| Ujadughele Tony | -- | Provident Title | |
| Ujadughele Tony | $175,000 | Provident Title | |
| Hud | -- | -- | |
| Norwest Mtg Inc | $318,553 | First American Title Ins Co | |
| Pearson Henry | $300,000 | Chicago Title Company | |
| Hill Douglas | $170,000 | Chicago Title Co | |
| Berkeley Federal Bank & Trust Fsb | $179,921 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Sebhatu Musseye | $1,134,750 | |
| Previous Owner | Hsu Craig | $599,250 | |
| Previous Owner | Hong Phillip Robert | $535,000 | |
| Previous Owner | Hong Phillip Robert | $535,000 | |
| Previous Owner | Hong Phillip Robert | $405,000 | |
| Previous Owner | Ujadughele Tony | $131,250 | |
| Previous Owner | Pearson Henry | $287,140 | |
| Previous Owner | Hill Douglas | $165,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/06/2022 05/06/22 | Sold | $1,335,000 | -4.3% | $342 / Sq Ft | |
| 03/18/2022 03/18/22 | Pending | -- | -- | -- | |
| 03/03/2022 03/03/22 | For Sale | $1,395,000 | +75.5% | $357 / Sq Ft | |
| 06/07/2017 06/07/17 | Sold | $795,000 | 0.0% | $203 / Sq Ft | View Prior Sale |
| 05/08/2017 05/08/17 | Pending | -- | -- | -- | |
| 04/24/2017 04/24/17 | For Sale | $795,000 | +47.2% | $203 / Sq Ft | |
| 11/27/2013 11/27/13 | Sold | $540,000 | -3.4% | $138 / Sq Ft | View Prior Sale |
| 09/22/2013 09/22/13 | Pending | -- | -- | -- | |
| 08/23/2013 08/23/13 | For Sale | $559,000 | -- | $143 / 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 | $17,673 | $1,416,711 | $637,785 | $778,926 |
| 2024 | $17,673 | $1,388,933 | $625,280 | $763,653 |
| 2023 | $17,333 | $1,361,700 | $613,020 | $748,680 |
| 2022 | $11,167 | $873,819 | $382,774 | $491,045 |
| 2021 | $11,011 | $856,686 | $375,269 | $481,417 |
| 2019 | $10,690 | $831,279 | $364,140 | $467,139 |
| 2018 | $10,566 | $814,980 | $357,000 | $457,980 |
| 2016 | $7,402 | $559,187 | $300,304 | $258,883 |
| 2015 | $7,291 | $550,789 | $295,794 | $254,995 |
| 2014 | $7,324 | $540,000 | $290,000 | $250,000 |
Source: Public Records
Agents Affiliated with this Home
-
Woody Stahl
-
Brett Lyon
Seller Co-Listing Agent in 2022
Brett Lyon
Lyon Stahl Investment Real Estate, Inc.
(310) 780-1899
2 in this area
140 Total Sales
-
Craig Hsu
C
Buyer's Agent in 2017
Craig Hsu
Buckingham Investments, Inc
(310) 741-0338
-
Angelica Suarez
Seller's Agent in 2013
Angelica Suarez
RE/MAX
(310) 261-7700
1 in this area
44 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB22041641
APN: 6121-004-008
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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