NOT LISTED FOR SALE

16915 S Vermont Ave Unit A Gardena, CA 90247

Estimated Value: $1,434,000 - $1,880,000

7 Beds
6 Baths
4,200 Sq Ft
$394/Sq Ft Est. Value

Last Sold February 07, 2020

Last sale price $1,275,000 $304 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $10,189/month

114 Days on Market

About This Home

As of February 2020

Massive, NON-RENT CONTROL 4-plex at 16915 South Vermont Ave., Gardena with 1977 Construction!
Incredible unit mix, made up of (1) 3-bed/2-bath and (3) 2-bed/1.5-bath units all receiving good rental income.
Units feature a combination of hardwood/tile flooring, while one unit was recently updated with all new bathroom fixtures, including new toilet and sink, as well as new cabinetry.
All units have ample parking, with one surface space as well as one private garage operated with remote controlled doors.
The property was fully repainted 4 years ago and has recently added A/C systems to each unit. Washer/dryer room is at rear of property, offering additional rental income each month.

Last Agent to Sell the Property

Cameron Samimi

Lyon Stahl Investment Real Estate, Inc. License #02035763 Listed on: 09/10/2019

Lyon Stahl Investment Real Estate, Inc.

Co-Listed By

Parker Boehle

Lyon Stahl Investment Real Estate, Inc. License #02054215

Last Buyer's Agent

Jonathan Weir

Marcus & Millichap License #02038545

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,213

Year Built

  • Built in 1977

Lot Details

  • 6,183 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 4 Car Garage

Home Design

  • 4,200 Sq Ft Home

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 6 Bathrooms

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Additional Features

  • Laundry Room
  • Suburban Location

Listing and Financial Details

  • Tax Lot 6
  • Tax Tract Number 27158
  • Assessor Parcel Number 6111018036

Community Details

Overview

  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Operating Expense $26,380
  • Gross Income $85,200
  • Net Operating Income $54,560

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,213

Year Built

Built in 1977

Lot Details

0

Parking

4

Listing Details

  • Property Attached: No
  • Zoning: GAR3
  • Property Type: Residential Income
  • Parcel Number: 6111018036
  • Year Built: 1977
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 303.57

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: Yes
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks, Street Lights, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6183.00
  • Lot Size Acres: 0.1419

Multi Family

  • Gross Income: 85200.00
  • Gross Scheduled Income: 85200.00
  • Lot Size Area: 6183.0000 Square Feet
  • Net Operating Income: 54560.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 26380.00
  • Rent Control: No
  • Total Expenses: 26380.00

Tax Info

  • Tax Census Tract: 6031.02
  • Tax Lot: 6
  • Tax Tract Number: 27158

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2019
Closed on
Dec 13, 2019
Sold by
Metoyer Dominic L
Bought by
Haddad Nour and Haddad Farid
Seller's Agent
Cameron Samimi
Lyon Stahl Investment Real Estate, Inc.
Buyer's Agent
Jonathan Weir
Marcus & Millichap
List Price
$1,300,000
Sold Price
$1,275,000
Premium/Discount to List
-$25,000
-1.92%
Current Estimated Value
$1,656,151

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$381,151
Avg. Annual Appreciation
4.69%
Original Mortgage
$900,000
Interest Rate
3.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 26, 2012
Sold by
Metoyer Monica
Bought by
Metoyer Dominic L

Purchase Details

Closed on
Oct 24, 2012
Sold by
Hairston Willie Louis and Hairston Willie Louis
Bought by
Hairston Willie Louis and Metoyer Dominic L

Purchase Details

Closed on
Nov 3, 2004
Sold by
Hairston Willie Louis and Hairston Khybdeed N
Bought by
Hairston Willie Louis

Purchase Details

Closed on
Sep 10, 2004
Sold by
Hairston Willie Louis and Hairston Khybdeed N
Bought by
Hairston Willie Louis and Willie Louis Hairston Separate Property

Purchase Details

Closed on
Oct 21, 2003
Sold by
Hairston Willie Louis
Bought by
Bkj

Purchase Details

Closed on
May 29, 2003
Sold by
Hairston Willie Louis
Bought by
Hairston Willie Louis and The Willie Louis Hairston Separate Prope

Purchase Details

Closed on
Feb 27, 2003
Sold by
Bkj
Bought by
Hairston Willie Louis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,583
Interest Rate
5.93%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 3, 2003
Sold by
Hairston Willie Louis
Bought by
Bkj

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,583
Interest Rate
5.93%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 17, 2001
Sold by
Gutierrez Felipe and Gutierrez Sandra Aldana
Bought by
Hairston Willie Louis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$343,607
Interest Rate
7.12%
Mortgage Type
FHA
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
Haddad Nour $1,275,000 First American Title Company
Metoyer Dominic L -- None Available
Hairston Willie Louis -- None Available
Hairston Willie Louis -- None Available
Hairston Willie Louis -- --
Hairston Willie Louis -- Fidelity National Title Comp
Hairston Willie Louis -- Fidelity National Title Comp
Hairston Willie Louis -- --
Bkj -- Fidelity National Title Co
Hairston Willie Louis -- --
Hairston Willie Louis -- Southland Title Corporation
Bkj -- --
Hairston Willie Louis $349,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Haddad Nour $900,000
Previous Owner Hairston Willie Louis $340,583
Previous Owner Hairston Willie Louis $343,607
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/07/2020 02/07/20 Sold $1,275,000 -1.9% $304 / Sq Ft
01/02/2020 01/02/20 Pending -- -- --
09/10/2019 09/10/19 For Sale $1,300,000 -- $310 / 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 $17,213 $1,394,395 $781,955 $612,440
2024 $17,213 $1,367,055 $766,623 $600,432
2023 $16,906 $1,340,251 $751,592 $588,659
2022 $16,068 $1,313,972 $736,855 $577,117
2021 $15,893 $1,288,208 $722,407 $565,801
2020 $12,080 $941,546 $493,191 $448,355
2019 $11,599 $923,085 $483,521 $439,564
2018 $11,424 $904,987 $474,041 $430,946
2016 $10,903 $869,848 $455,635 $414,213
2015 $10,723 $856,783 $448,791 $407,992
2014 $5,833 $428,982 $205,271 $223,711
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB19216519

California Regional Multiple Listing Service (CRMLS)

APN: 6111-018-036