NOT LISTED FOR SALE

2108 W 157th St Gardena, CA 90249

10 Beds
10 Baths
4,821 Sq Ft
6,300 Sq Ft Lot

Last Sold July 23, 2021

Last sale price $1,450,000 $301 Per Sq Ft

97 Days on Market

Highlights

  • Lawn
  • No HOA
  • Laundry Room
  • One Hundred Fifty-Sixth Street Elementary School Rated A-
  • Balcony
  • Landscaped

About This Home

As of July 2021

We are pleased to exclusively list a 5-Unit Apartment Complex at 2108 W. 157th Street in Gardena, CA 90249. This rare asset boasts a (1) 2BD+2BA and (4) 2BD+1.5BA units totaling approx. 4,821 SF on 6,300 SF lot. The complex is currently 100% occupied and presents a VALUE-ADD OPPORTUNITY with approximately 66% in upside potential in increase rents. An ideal opportunity for an investor to own and generate excellent cash flow.

Last Agent to Sell the Property

Amante Rigor

Keller Williams South Bay License #01930337 Listed on: 02/06/2021

Co-Listed By

Mike Oshiro

Keller Williams Realty License #02072241

Last Buyer's Agent

Hanh Le

West Shores Realty, Inc. License #01438109

West Shores Realty, Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Lot Details

  • 6,300 Sq Ft Lot
  • Two or More Common Walls
  • Landscaped
  • Level Lot
  • Lawn
  • Front Yard
  • Density is 2-5 Units/Acre

Home Design

  • Property Attached

Interior Spaces

  • 4,821 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 10 Bathrooms

Parking

  • 5 Parking Spaces
  • 5 Carport Spaces
  • Parking Available
  • Paved Parking

Outdoor Features

  • Balcony

Utilities

  • Forced Air Heating System
  • Floor Furnace

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 10
  • Tax Tract Number 24361
  • Assessor Parcel Number 4063014010

Community Details

Overview

  • No Home Owners Association
  • 5 Units

Amenities

  • Laundry Facilities

Building Details

  • 5 Leased Units
  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • Electric Expense $566
  • Fuel Expense $831
  • Gardener Expense $600
  • Insurance Expense $2,988
  • Trash Expense $2,012
  • Water Sewer Expense $3,045
  • New Taxes Expense $18,125
  • Operating Expense $28,231
  • Gross Income $61,260
  • Net Operating Income $31,335

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 3045.00
  • Zoning: GAR3
  • Property Type: Residential Income
  • Gardener Expense: 600.00
  • Parcel Number: 4063014010
  • Year Built: 1960
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Balcony
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 300.77

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 5.00
  • Parking: Yes
  • Parking Features: Carport, Paved
  • Total Parking Spaces: 5.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Floor Furnace, Forced Air
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Trash Expense: 2012.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Front Yard, Landscaped, Lawn, Level with Street
  • Lot Size Sq Ft: 6300.00
  • Lot Size Acres: 0.1446

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Electric Expense: 566.00
  • Fuel Expense: 831.00
  • Gross Income: 61260.00
  • Gross Scheduled Income: 61260.00
  • Insurance Expense: 2988.00
  • Laundry Income: 144.00
  • Lot Size Area: 6300.0000 Square Feet
  • Net Operating Income: 31335.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Units Leased: 5
  • Number Of Units Total: 5
  • Operating Expense: 28231.00
  • Rent Control: No
  • Total Expenses: 28231.00
  • Vacancy Allowance Rate: 3.00

Tax Info

  • New Taxes Expense: 18125.00
  • Tax Census Tract: 6034.00
  • Tax Lot: 10
  • Tax Tract Number: 24361

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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
07/23/2021 07/23/21 Sold $1,450,000 0.0% $301 / Sq Ft
05/14/2021 05/14/21 Pending -- -- --
04/27/2021 04/27/21 For Sale $1,450,000 0.0% $301 / Sq Ft
02/11/2021 02/11/21 Off Market $1,450,000 -- --
02/06/2021 02/06/21 For Sale $1,450,000 -- $301 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB21025328

California Regional Multiple Listing Service (CRMLS)