NOT LISTED FOR SALE

2108 W 157th St Gardena, CA 90249

10 Beds
10 Baths
4,821 Sq Ft
6,299 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 Realty 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

6,300 Sq Ft Lot

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
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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

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 $20,004 $1,538,751 $848,966 $689,785
2024 $19,436 $1,508,580 $832,320 $676,260
2023 $19,095 $1,479,000 $816,000 $663,000
2022 $18,169 $1,450,000 $800,000 $650,000
2021 $3,202 $155,369 $57,730 $97,639
2020 $3,208 $153,777 $57,139 $96,638
2019 $3,121 $150,763 $56,019 $94,744
2018 $2,975 $147,808 $54,921 $92,887
2017 $2,876 $144,911 $53,845 $91,066
2016 $2,756 $142,071 $52,790 $89,281
2015 $2,713 $139,938 $51,998 $87,940
2014 $2,731 $137,198 $50,980 $86,218
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)
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