NOT LISTED FOR SALE

2708 W 141st Place Gardena, CA 90249

11 Beds
8 Baths
5,162 Sq Ft
6,522 Sq Ft Lot

Last Sold August 01, 2016

Last sale price $1,015,000 $197 Per Sq Ft

13 Days on Market

Highlights

  • Property is near public transit
  • Attached Carport
  • Rectangular Lot

About This Home

As of August 2016

Easy to manage 6 unit apartment building in a good neighborhood of Gardena. The property has nice curb appeal and is well maintained. Rents are below market for potential upside in income. The property is 100% occupied at the present time with tenant's on month to month leases. Utilities are separately metered and there is parking onsite with a gated entry.

Location is convenient to grocery stores, restaurants, many aerospace employers and El Camino Community College. Excellent access to Long Beach and Los Angeles via the 110 and 405 freeways which are just minutes away.

Last Agent to Sell the Property

Olga Wright

Lyon Stahl Investment Real Estate, Inc. License #01315042 Listed on: 05/30/2016

Lyon Stahl Investment Real Estate, Inc.

Co-Listed By

Stephen Lampe

Re/Max Commercial & Investment License #01164364

Re/Max Commercial & Investment

Last Buyer's Agent

Stephen Lampe

Re/Max Commercial & Investment License #01164364

Re/Max Commercial & Investment

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1959

Lot Details

  • 6,522 Sq Ft Lot
  • No Common Walls
  • Rectangular Lot
  • Paved or Partially Paved Lot
  • Density is 36-40 Units/Acre

Parking

  • 6 Car Garage
  • Attached Carport
  • Parking Available

Home Design

  • 5,162 Sq Ft Home

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 8 Bathrooms

Location

  • Property is near public transit
  • Urban Location

Listing and Financial Details

  • Tax Lot 36
  • Tax Tract Number 23780
  • Assessor Parcel Number 4059019014

Community Details

Overview

  • 6 Units

Building Details

  • 7 Separate Electric Meters
  • 6 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $720
  • Insurance Expense $2,300
  • Maintenance Expense $2,100
  • Other Expense $1,500
  • Trash Expense $2,220
  • Water Sewer Expense $3,000
  • New Taxes Expense $11,690
  • Gross Income $6,875
  • Net Operating Income $55,475

Property Details

Home Type

Multi-Family

Year Built

Built in 1959

Lot Details

0

Parking

6

Listing Details

  • CapRate: 5.55
  • Price Per Unit: 166667
  • Property Attached: No
  • Water Sewer Expenses: 3000.00
  • Property Type: Residential Income
  • Parcel Number: 4059019014
  • Year Built: 1959
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: Two
  • Price Per Square Foot: 196.63

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 6.00
  • Parking: Yes
  • Parking Features: Attached Carport
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Sewer Available
  • Trash Expense: 2220.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 36-40 Units/Acre, Rectangular Lot, Paved, Near Public Transit
  • Lot Size Sq Ft: 6522.00
  • Price Per Lot Square Foot: 155.63

Multi Family

  • Electric Expense: 720.00
  • Gross Income: 6875.00
  • Gross Multiplier: 12.12
  • Gross Scheduled Income: 82500.00
  • Insurance Expense: 2300.00
  • Maintenance Expense: 2100.00
  • Net Operating Income: 55475.00
  • Number Of Separate Electric Meters: 7
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 6
  • Operating Expense: 24550.00
  • Other Expense: 1500.00
  • Other Expense Description: Reserves
  • Rent Control: No

Tax Info

  • New Taxes Expense: 11690.00
  • Tax Lot: 36
  • Tax Tract Number: 23780

Range of Values:

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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 Change Sq Ft Price
08/01/2016 08/01/16 Sold $1,015,000 +1.5% $197 / Sq Ft
06/12/2016 06/12/16 Pending -- -- --
05/30/2016 05/30/16 For Sale $1,000,000 -- $194 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Olga Wright

    Seller's Agent in 2016

    Olga Wright

    Lyon Stahl Investment Real Estate, Inc.

    (310) 425-9838

    2 in this area

    85 Total Sales

    Olga Wright
    Section Image
  • Stephen Lampe

    Seller Co-Listing Agent in 2016

    Stephen Lampe

    RE/MAX

    (310) 802-2500

    1 in this area

    45 Total Sales

    Stephen Lampe
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB16115903

California Regional Multiple Listing Service (CRMLS)

California Los Angeles County Gardena 90249

2708 W 141st Place, Gardena, CA

This home is located at 2708 W 141st Place, Gardena, CA 90249 since 30 May 2016. This property was built in 1959. 2708 W 141st Place is a home located in Los Angeles County with nearby schools including Purche Avenue Elementary School, Robert E. Peary Middle School, and Gardena Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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