NOT LISTED FOR SALE

1853 W 162nd St Gardena, CA 90247

Estimated Value: $943,132 - $1,207,000

5 Beds
2 Baths
2,205 Sq Ft
$487/Sq Ft Est. Value

Last Sold April 26, 2013

Last sale price $500,000 $227 Per Sq Ft

Est. 115% increase in value since last sale

Current estimated payment $6,493/month

9 Days on Market

Highlights

  • No HOA
  • Tile Flooring
  • Floor Furnace
  • Laundry Room

About This Home

As of April 2013

Great investment opportunity!

Last Agent to Sell the Property

Osmin Ruano

Estate Properties License #01746396 Listed on: 04/02/2013

Estate Properties

Co-Listed By

Dina Ruano

Estate Properties License #01780611

Estate Properties

Last Buyer's Agent

Dina Ruano

Estate Properties License #01780611

Estate Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,754

Year Built

  • Built in 1945

Lot Details

  • 6,818 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage
  • Parking Available
  • Front Facing Garage
  • Rear-Facing Garage

Home Design

  • 2,205 Sq Ft Home

Flooring

  • Carpet
  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen

Utilities

  • Floor Furnace
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 4066010004

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Amenities

  • Laundry Facilities

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $940
  • Trash Expense $610
  • Water Sewer Expense $2,520
  • New Taxes Expense $5,400
  • Gross Income $3,150
  • Net Operating Income $28,330

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,754

Year Built

Built in 1945

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Water Sewer Expenses: 2520.00
  • Property Type: Residential Income
  • Parcel Number: 4066010004
  • Year Built: 1945
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Flooring: Laminate, Carpet, Tile, Vinyl
  • Levels: One
  • Price Per Square Foot: 226.76

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage Faces Front, Garage Faces Rear
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Floor Furnace, Wall Furnace
  • Laundry Features: Common Area, In Kitchen
  • Trash Expense: 610.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Sidewalks

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6818.00
  • Lot Size Acres: 0.1570

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 3150.00
  • Gross Scheduled Income: 37800.00
  • Insurance Expense: 940.00
  • Lot Size Area: 6818.0000 Square Feet
  • Net Operating Income: 28330.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 9470.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 5400.00
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2013
Closed on
Apr 19, 2013
Sold by
Ban Robert W
Bought by
Luu Calvin and Luong Linh Thuy
Seller's Agent
Osmin Ruano
Estate Properties
Buyer's Agent
Dina Ruano
Estate Properties
List Price
$449,000
Sold Price
$500,000
Premium/Discount to List
$51,000
11.36%
Current Estimated Value
$1,073,033

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$573,033
Avg. Annual Appreciation
6.30%

Purchase Details

Closed on
Dec 19, 2005
Sold by
Ban Sadako H
Bought by
Ban Robert W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$338,000
Interest Rate
6%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 3, 2005
Sold by
Almaraz Margaret V and Helen M Vega Revocable Inter V
Bought by
Ban Development Llc

Purchase Details

Closed on
Mar 9, 1994
Sold by
Vega Helen M
Bought by
Vega Helen M
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Luu Calvin $500,000 Progressive Title Company
Ban Robert W -- --
Ban Robert W -- --
Ban Development Llc $510,000 Commonwealth Title
Vega Helen M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Luu Calvin $440,000
Closed Luu Calvin $472,500
Previous Owner Ban Robert W $338,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/26/2013 04/26/13 Sold $500,000 +11.4% $227 / Sq Ft
04/11/2013 04/11/13 Pending -- -- --
04/02/2013 04/02/13 For Sale $449,000 -- $204 / 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 $7,754 $615,701 $406,364 $209,337
2024 $7,754 $603,630 $398,397 $205,233
2023 $7,617 $591,795 $390,586 $201,209
2022 $7,243 $580,192 $382,928 $197,264
2021 $7,160 $568,817 $375,420 $193,397
2020 $7,216 $562,985 $371,571 $191,414
2019 $6,930 $551,947 $364,286 $187,661
2018 $6,776 $541,126 $357,144 $183,982
2016 $6,468 $520,116 $343,277 $176,839
2015 $6,362 $512,304 $338,121 $174,183
2014 $6,363 $502,269 $331,498 $170,771
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW13057047

California Regional Multiple Listing Service (CRMLS)

APN: 4066-010-004