NOT LISTED FOR SALE

2039 Marine Ave Gardena, CA 90249

Estimated Value: $1,348,000 - $1,507,000

8 Beds
4 Baths
3,886 Sq Ft
$360/Sq Ft Est. Value

Last Sold January 21, 2015

Last sale price $755,000 $194 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $8,445/month

52 Days on Market

Highlights

  • Private Yard
  • Laundry Room
  • Wall Furnace
  • Chapman Elementary School Rated 9+

About This Home

As of January 2015

Please, tenants are not aware of sale, drive by only, do not walk on property, thank you. Great investment property in good Gardena rental area, priced at $200 per sq foot. All 4 units are 2 bedrooms, 1 bathroom with laundry rooms inside each unit. All units have front door facing Parron Ave and back door to access common back yard. 4 car shared garage. Unit is located in nice neighborhood, pleasant walk down tree lined Parron Avenue. Units are nice enough for owner to live in one. Rents low can be raised. Shared pleasant backyard. Gated complex, garage (remote openers) has convenient alley access, street parking available.

Last Agent to Sell the Property

Grant Nakaoka

Ken Nakaoka Company License #00494206 Listed on: 10/16/2014

Last Buyer's Agent

Anne Baber

AOA Commercial Brokerage License #00959381

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1957

Lot Details

  • 7,563 Sq Ft Lot
  • 1 Common Wall
  • Private Yard

Parking

  • 4 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • 3,886 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Additional Features

  • Exterior Lighting
  • Suburban Location
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for electricity, gas, repairs
  • Tax Lot 32
  • Tax Tract Number 20567
  • Assessor Parcel Number 4062012016

Community Details

Overview

  • 2 Buildings
  • 4 Units

Building Details

  • 5 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $900
  • Insurance Expense $1,500
  • Pest Control $200
  • Supplies Expense $25
  • Trash Expense $900
  • Water Sewer Expense $2,400
  • New Taxes Expense $9,700
  • Gross Income $4,150
  • Net Operating Income $35,250

Property Details

Home Type

Multi-Family

Year Built

Built in 1957

Lot Details

7,563 Sq Ft Lot

Parking

4

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Supplies Expense: 25.00
  • Water Sewer Expenses: 2400.00
  • Property Type: Residential Income
  • Gardener Expense: 900.00
  • Parcel Number: 4062012016
  • Year Built: 1957
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: 1 Common Wall
  • Levels: Two
  • Price Per Square Foot: 194.29

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Gas Dryer Hookup
  • Pest Control Expense: 200.00
  • Trash Expense: 900.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Street Lights, Suburban

Lot Info

  • Lot Features: Yard
  • Lot Size Sq Ft: 7563.00
  • Lot Size Acres: 0.1740

Rental Info

  • Tenant Pays: Electricity, Gas, Repairs

Multi Family

  • Gross Income: 4150.00
  • Gross Scheduled Income: 49800.00
  • Insurance Expense: 1500.00
  • Lot Size Area: 7563.0000 Square Feet
  • Net Operating Income: 35250.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 14550.00
  • Rent Control: No
  • Total Actual Rent: 49800.00

Tax Info

  • New Taxes Expense: 9700.00
  • Tax Lot: 32
  • Tax Tract Number: 20567
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 16, 2014
Closed on
Dec 3, 2014
Sold by
Sim Theresa
Bought by
The Stan & Shelia Tolan Family Trust
Seller's Agent
Grant Nakaoka
Ken Nakaoka Company
Buyer's Agent
Anne Baber
AOA Commercial Brokerage
List Price
$699,000
Sold Price
$755,000
Premium/Discount to List
$56,000
8.01%
Current Estimated Value
$1,400,276

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$645,276
Avg. Annual Appreciation
5.68%
Original Mortgage
$411,000
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 27, 2011
Sold by
Park Peter H
Bought by
Sim Theresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
4.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 22, 2011
Sold by
Sim Theresa
Bought by
Sim Theresa and 2011 Theresa Sim Lee Revocable

Purchase Details

Closed on
Sep 4, 2003
Sold by
Truong Van Kien
Bought by
Sim Theresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
6.4%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
The Stan & Shelia Tolan Family Trust $755,000 Lawyers Title
Sim Theresa -- Provident Title Company
Sim Theresa -- Provident Title Company
Sim Theresa -- None Available
Sim Theresa $525,000 Gateway Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner The Stan & Shelia Tolan Family Trust $411,000
Previous Owner Sim Theresa $417,000
Previous Owner Sim Theresa $420,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/21/2015 01/21/15 Sold $755,000 +8.0% $194 / Sq Ft
11/11/2014 11/11/14 Pending -- -- --
09/20/2014 09/20/14 For Sale $699,000 -- $180 / 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 $11,554 $907,388 $480,737 $426,651
2024 $11,554 $889,597 $471,311 $418,286
2023 $11,349 $872,155 $462,070 $410,085
2022 $10,795 $855,055 $453,010 $402,045
2021 $10,674 $838,290 $444,128 $394,162
2019 $10,332 $813,428 $430,956 $382,472
2018 $10,190 $797,479 $422,506 $374,973
2016 $9,723 $766,513 $406,100 $360,413
2015 $7,997 $621,068 $344,250 $276,818
2014 $8,005 $608,903 $337,507 $271,396
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB14203261

California Regional Multiple Listing Service (CRMLS)

APN: 4062-012-016

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