NOT LISTED FOR SALE

1748 W 168th St Unit A Gardena, CA 90247

Estimated Value: $1,506,000 - $1,620,000

7 Beds
4 Baths
4,163 Sq Ft
$378/Sq Ft Est. Value

Last Sold December 04, 2014

Last sale price $860,500 $207 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $9,678/month

56 Days on Market

About This Home

As of December 2014

Rare opportunity to own nice and reliable 3 unit income property in central Gardena. Built in 1985, total 4,163 sf interior with 7,457 huge lot. Front unit is big enough with 3 bed 2 bath - about 2,400sf. that owner can live while renting the other units. 2 car garage with direct access to the front unit. Recently upgraded interior - new paint, new laminated wood floor, new granite counter top in kitchen, new oven, and cleanly landscaped inside garden. Laundry area in garage for front unit. 2 Rear Units are 2 bed 1 bath - about 850 sf. respectively. Each unit has detached 2 car garages and has separate electrical and gas meter. Long driveways in front of the garage enables 6 more car parking. Separate laundry room for the tenant. Movable warehouse by the side of the unit can be used for the owner to keep some necessary stuffs while renting out the whole units. All data seems to be reliable but buyer to verify for himself for the data.

Last Agent to Sell the Property

Jun Chang

New Star Realty & Investment License #01867916 Listed on: 09/15/2014

New Star Realty & Investment

Last Buyer's Agent

Amir Amiri

Merit Real Estate License #01041226

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,187

Year Built

  • Built in 1985

Lot Details

  • 7,456 Sq Ft Lot
  • Two or More Common Walls
  • Paved or Partially Paved Lot

Parking

  • 6 Car Garage

Home Design

  • Property Attached

Interior Spaces

  • 4,163 Sq Ft Home
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 53
  • Tax Tract Number 6033
  • Assessor Parcel Number 6106003033

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,100
  • Water Sewer Expense $2,160
  • New Taxes Expense $10,560
  • Gross Income $5,100
  • Net Operating Income $47,040

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,187

Year Built

Built in 1985

Lot Details

0

Parking

6

Listing Details

  • Inclusions: Movable Ware House by the side of the unit, Coin laundry machine(for 2nd and 3rd Unit), Washer and Dryer for front unit. Will be given without warranty or repair
  • Property Attached: Yes
  • Water Sewer Expenses: 2160.00
  • Property Type: Residential Income
  • Parcel Number: 6106003033
  • Year Built: 1985
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Common Walls: 2+ Common Walls
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 206.70

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 6.00
  • Total Parking Spaces: 12.00

Utilities

  • Utilities: Sewer Connected
  • Laundry: Yes
  • Laundry Features: In Garage, Individual Room
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks

Lot Info

  • Lot Features: Paved
  • Lot Size Sq Ft: 7456.00
  • Lot Size Acres: 0.1710

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 5100.00
  • Gross Scheduled Income: 61200.00
  • Insurance Expense: 1100.00
  • Laundry Equipment Own Lease: Own
  • Lot Size Area: 7456.0000 Square Feet
  • Net Operating Income: 47040.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 14060.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 10560.00
  • Tax Lot: 53
  • Tax Tract Number: 6033
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 5, 2020
Sold by
Angeles Llc
Bought by
Giani Roger and Nikakhtar Nehzat
Current Estimated Value
$1,572,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 15, 2014
Closed on
Nov 12, 2014
Sold by
Wang Jong H and Wang Hwa K
Bought by
Angeles Llc
Seller's Agent
Jun Chang
New Star Realty & Investment
Buyer's Agent
Amir Amiri
Merit Real Estate
List Price
$879,000
Sold Price
$860,500
Premium/Discount to List
-$18,500
-2.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.69%

Purchase Details

Closed on
Feb 17, 2004
Sold by
Wang Jong H and Wang Hwa K
Bought by
Wang Jong H and Wang Hwa K

Purchase Details

Closed on
Nov 8, 2002
Sold by
Wang Hwa K
Bought by
Wang Jong H and Wang Hwa K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
5.95%

Purchase Details

Closed on
Jun 21, 2001
Sold by
Wang Jong H
Bought by
Wang Hwa K

Purchase Details

Closed on
Feb 13, 2001
Sold by
Wang Jong H and Wang Hwa K
Bought by
Wang Jong H and Wang Hwa K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
7.09%

Purchase Details

Closed on
Jan 22, 2001
Sold by
Wang Jong H
Bought by
Wang Hwa Kyung and Kim Jung Woo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
7.09%
Source: Public Records

Range of Values:

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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
Miah Propertys Llc -- Accommodation/Courtesy Recordi
Miah Babul $1,300,000 Lawyers Title
Giani Roger -- Lawyers Title
Angeles Llc $860,500 Title 365
Wang Jong H -- --
Wang Jong H -- Chicago Title Co
Wang Hwa K -- --
Wang Jong H -- United Title
Wang Jong H -- United Title
Wang Hwa Kyung -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Miah Babul $1,675,727
Previous Owner Giani Roger $550,000
Previous Owner Wang Jong H $240,000
Previous Owner Wang Jong H $240,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/04/2014 12/04/14 Sold $860,500 -2.1% $207 / Sq Ft
11/10/2014 11/10/14 Pending -- -- --
09/15/2014 09/15/14 For Sale $879,000 -- $211 / 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 $17,187 $1,407,159 $784,762 $622,397
2024 $17,187 $1,379,569 $769,375 $610,194
2023 $16,879 $1,352,520 $754,290 $598,230
2022 $16,037 $1,326,000 $739,500 $586,500
2021 $10,254 $810,308 $345,543 $464,765
2020 $12,028 $945,085 $439,575 $505,510
2019 $11,548 $926,555 $430,956 $495,599
2018 $11,361 $908,388 $422,506 $485,882
2016 $10,842 $873,115 $406,100 $467,015
2015 $10,665 $860,000 $400,000 $460,000
2014 $6,703 $510,396 $187,906 $322,490
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB14198589

California Regional Multiple Listing Service (CRMLS)

APN: 6106-003-033