NOT LISTED FOR SALE

2103 W 157th St Gardena, CA 90249

19 Beds
8 Baths
11,517 Sq Ft
0.34 Acres Lot

Sale Details

Date Sold: August 14, 2013

Last sale price $1,875,000 $163 Per Sq Ft

22 Days on Market

Highlights

  • 14,656 Sq Ft lot
  • One Hundred Fifty-Sixth Street Elementary School Rated A-
  • 12 Attached Carport Spaces

About This Home

As of August 2013

(1) Non-Rent Control Properties with Significant Cash Flow and Value-Added Appeal; (2) For Sale AFTER 49 Years; (3) Mostly 2 bedroom spacious units; (4) PROBATE Sale; (5) Portfolio Sale along with 3 additional properties owned by the same estate. All 4 properties MUST be bought together. Other 3 properties are: 2102 W 157th St., Gardena (APN # 4063-014-011): 2041 S Myrtle Ave. in Monrovia (APN # 8509-032-022), and 2051 S Myrtle Ave. in Mornovia (APN # 8509-032-036).OFFERS/LOIs DUE BY 5:00PM ON FRIDAY, JUNE 7, 2013. PROPERTY TOURS WILL BE SCHEDULED FOR ALL BUYERS THAT SUBMIT A CREDIBLE LOI/OFFER ON THE PORTFOLIO ALONG WITH PROOF OF FUNDS, THE WEEK OF JUNE 10th, 2013.

Last Agent to Sell the Property

Vinny Jain

Ingenious Asset Group, Inc. License #01413466 Listed on: 05/27/2013

Last Buyer's Agent

Vinny Jain

Ingenious Asset Group, Inc. License #01413466 Listed on: 05/27/2013

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1961

Lot Details

  • 14,656 Sq Ft Lot

Home Design

  • 11,517 Sq Ft Home

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 19 Bedrooms
  • 8 Bathrooms

Parking

  • 12 Parking Spaces
  • 12 Attached Carport Spaces

Utilities

  • Heating System Mounted To A Wall or Window
  • Central Water Heater
  • Sewer in Street

Community Details

  • 12 Units

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 4063-012-001

Property Details

Home Type

Multi-Family

Year Built

Built in 1961

Lot Details

0.34 Acres

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 11517
  • Probate: Yes
  • Year Built: 1961
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 19
  • Total Bathrooms: 8.00
  • Equipment: Dishwasher, Range/Oven, Refrigerator
  • Price Per S Q F T: 147.61

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Carport Spaces: 12
  • Parking Garage: Carport Attached
  • Total Parking: 12

Utilities

  • Water Heater: Central Water Heater
  • Electric Expense: 1080.00
  • Heating: Wall Gas
  • Sewer: In Street
  • Water: Meter on Property
  • Water Expense: 4920.00

Condo/Co-op/Association

  • Professional Management: 7829.00

Fee Information

  • Gas Expense: 1800.00
  • Insurance Expense: 3000.00
  • Maintenance Expense: 7015.00
  • Other Expense: 300.00
  • Trash Expense: 3396.00

Lot Info

  • Assessed Improvement Value: 178783
  • Assessed Land Value: 108309
  • Assessor Parcel Number: 4063-012-001
  • Geocode Override: No
  • Lot Size Area: 14656

Rental Info

  • Court Approve: No
  • Total Actual Rent: 172980.00
  • Monthly Gross Income: 14615.00
  • Tenant Pays: Electricity, Gas

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 9.69
  • Gross Scheduled Income: 175380.00
  • Number Of Units: 12
  • Rent Control: 0
  • Type Of Units: Multi-Family

Tax Info

  • Tax Expense: 19125.00
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/14/2013 08/14/13 Sold $1,875,000 +10.3% $163 / Sq Ft
06/18/2013 06/18/13 Pending -- -- --
05/27/2013 05/27/13 For Sale $1,700,000 -- $148 / Sq Ft
Source: The MLS

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 $29,837 $2,298,481 $1,103,272 $1,195,209
2024 $29,837 $2,253,414 $1,081,640 $1,171,774
2023 $29,315 $2,209,231 $1,060,432 $1,148,799
2022 $27,917 $2,165,914 $1,039,640 $1,126,274
2021 $27,613 $2,123,446 $1,019,255 $1,104,191
2019 $26,746 $2,060,695 $989,024 $1,071,671
2018 $26,346 $2,020,295 $969,632 $1,050,663
2016 $25,094 $1,941,626 $931,981 $1,009,645
2015 $24,683 $1,912,462 $917,982 $994,480
2014 $24,705 $1,875,000 $900,000 $975,000
Source: Public Records

Agents Affiliated with this Home

  • Vinny Jain

    Seller's Agent in 2013

    Vinny Jain

    Ingenious Asset Group, Inc.

    (310) 997-2552

    75 Total Sales

    Vinny Jain
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Map

Source: The MLS

MLS Number: 13-675597

The MLS
California Los Angeles County Gardena 90249

2103 W 157th St, Gardena, CA

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