NOT LISTED FOR SALE

1919 W 159th St Gardena, CA 90247

Estimated Value: $940,690 - $1,194,000

4 Beds
2 Baths
1,909 Sq Ft
$551/Sq Ft Est. Value

Last Sold November 16, 2016

Last sale price $605,000 $317 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $6,298/month

33 Days on Market

Highlights

  • Bonus Room
  • Neighborhood Views
  • Living Room
  • Lawn
  • Fireplace
  • Laundry Room

About This Home

As of November 2016

Amazing opportunity to own income property in one of Gardena’s most desirable areas! This duplex features a 1 bed/1 bath Front Unit with living room, inside laundry, and an updated kitchen. The back unit is a spacious 3 bed/1 bath in original condition with inside laundry hookups and a large bonus room that could serve as a 4th bedroom, work space, or office! There is also detached 2-car garage with driveway space to accommodate your parking and storage needs. With its ideal location near shopping, restaurants, community centers and highway access, the home is great for an investor or an owner-occupant who can live in one unit, and rent out the other. This is the rare opportunity you’ve been waiting for!
Buyer to verify all information.

Last Agent to Sell the Property

Derek Hirano

Keller Williams South Bay License #01962754 Listed on: 09/14/2016

Keller Williams South Bay

Last Buyer's Agent

Brittney Austin

Vista Sotheby’s International Realty License #01799654

Vista Sotheby’s International Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,703

Year Built

  • Built in 1960

Lot Details

  • 5,356 Sq Ft Lot
  • 1 Common Wall
  • Lawn
  • Front Yard
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage
  • Parking Available

Home Design

  • Duplex
  • Stucco

Interior Spaces

  • 1,909 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Fireplace
  • Blinds
  • Living Room
  • Bonus Room
  • Carpet
  • Neighborhood Views

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen
  • Washer and Gas Dryer Hookup

Utilities

  • Wall Furnace
  • Shared Well
  • Septic Type Unknown

Additional Features

  • Exterior Lighting
  • Suburban Location

Listing and Financial Details

  • Tenant pays for electricity, gas, sewer, telephone, trash collection
  • Tax Lot 9
  • Tax Tract Number 16097
  • Assessor Parcel Number 4066008001

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,162
  • Trash Expense $492
  • Water Sewer Expense $1,512
  • New Taxes Expense $646,875
  • Gross Income $34,800
  • Net Operating Income $31,634

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,703

Year Built

Built in 1960

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • View: Yes
  • Water Sewer Expenses: 1512.00
  • Zoning: GAR1
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 4066008001
  • Year Built: 1960
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Ceiling Fan(s)
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Flooring: Carpet
  • Levels: One
  • Price Per Square Foot: 316.92
  • Room Type: Bonus Room, Kitchen, Living Room
  • Window Features: Blinds

Exterior Features

  • View: Neighborhood
  • Pool Private: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Concrete, Garage
  • Total Parking Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Gas Dryer Hookup, In Kitchen, Inside, Washer Hookup
  • Sewer: Unknown
  • Trash Expense: 492.00
  • Water Source: Public, Shared Well

Condo/Co-op/Association

  • Community Features: Street Lights, Suburban

Lot Info

  • Additional Parcels: No
  • Lot Features: 0-1 Unit/Acre, Front Yard, Lawn
  • Lot Size Sq Ft: 5356.00

Rental Info

  • Tenant Pays: Electricity, Gas, Sewer, Telephone, Trash Collection

Multi Family

  • Gross Income: 34800.00
  • Gross Scheduled Income: 34800.00
  • Insurance Expense: 1162.00
  • Net Operating Income: 31634.00
  • 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: 3166.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 646875.00
  • Tax Census Tract: 6033.01
  • Tax Lot: 9
  • Tax Tract Number: 16097

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2016
Closed on
Oct 21, 2016
Sold by
Obayashi Hideki
Bought by
Ellis Trent O
Seller's Agent
Derek Hirano
Keller Williams South Bay
Buyer's Agent
Brittney Austin
Vista Sotheby’s International Realty
List Price
$575,000
Sold Price
$605,000
Premium/Discount to List
$30,000
5.22%
Current Estimated Value
$1,051,173

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$446,173
Avg. Annual Appreciation
6.40%
Original Mortgage
$484,000
Outstanding Balance
$387,524
Interest Rate
3.42%
Mortgage Type
New Conventional
Estimated Equity
$663,649

Purchase Details

Closed on
Feb 25, 2005
Sold by
Shinjo David Y
Bought by
Obayashi Hideki

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,000
Interest Rate
5.92%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 3, 2004
Sold by
Ota Atsuko
Bought by
Shinjo David Y
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
Ellis Trent O $605,000 Progressive Title Company
Obayashi Hideki $600,000 Southland Title Company
Shinjo David Y -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ellis Trent O $484,000
Previous Owner Obayashi Hideki $134,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/16/2016 11/16/16 Sold $605,000 +5.2% $317 / Sq Ft
10/17/2016 10/17/16 Pending -- -- --
10/07/2016 10/07/16 For Sale $575,000 0.0% $301 / Sq Ft
09/22/2016 09/22/16 Pending -- -- --
09/14/2016 09/14/16 For Sale $575,000 -- $301 / 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 $8,703 $702,151 $319,160 $382,991
2024 $8,703 $688,384 $312,902 $375,482
2023 $8,548 $674,887 $306,767 $368,120
2022 $8,122 $661,654 $300,752 $360,902
2021 $8,031 $648,681 $294,855 $353,826
2019 $7,770 $629,442 $286,110 $343,332
2018 $7,650 $617,100 $280,500 $336,600
2016 $6,080 $488,000 $338,000 $150,000
2015 $5,948 $478,000 $341,500 $136,500
2014 $6,918 $550,000 $392,900 $157,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB16700501

California Regional Multiple Listing Service (CRMLS)

APN: 4066-008-001