NOT LISTED FOR SALE

2929 W Rosecrans Ave Gardena, CA 90249

Gardena Area
12 Beds
6 Baths
6,076 Sq Ft
0.26 Acre Lot

Sale Details

Date Sold: March 10, 2017

Last sale price $1,300,000 $214 Per Sq Ft

9 Days on Market

About This Home

As of March 2017

-Non-Rent Controlled Asset - Located in the Dense Gardena Rental Market -Close Proximity to Retail Shops, Grocery Stores & Restaurants -Bordered by 405 and 105 Freeways - Allows for Immediate Access to Surrounding Employment Hubs -Outstanding Unit Mix of All Two Bedroom Units -Two of the Units Include an Additional Den/Office -Large 11,272-Square Foot Lot -Great Amenities Allowing for Expense Consistency and Higher Rent Growth Potential -Washer/Dryer Hook-Ups, Private Balconies, Seven Enclosed Garages, & Individual Hot Water Heaters

Last Agent to Sell the Property

Jonathan Nikfarjam

Shield CRE, Inc. License #01856803 Listed on: 01/04/2017

Last Buyer's Agent

Jonathan Nikfarjam

Shield CRE, Inc. License #01856803 Listed on: 01/04/2017

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1958

Lot Details

  • 11,272 Sq Ft Lot

Parking

  • 7 Car Garage

Interior Spaces

  • 6,076 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 6 Bathrooms

Community Details

  • 6 Units
  • Vacancy Allowance $5,425

Listing and Financial Details

  • Assessor Parcel Number 4059-019-036

Property Details

Home Type

Multi-Family

Year Built

Built in 1958

Lot Details

0.26 Acres

Parking

7

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Living Area: 6076
  • Price Per Unit: 208333.00
  • Stories: 2
  • Year Built: 1958
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 12
  • Total Bathrooms: 6.00
  • Price Per S Q F T: 205.73

Exterior Features

  • Tennis Court Y/N: No
  • Construction: Wood
  • Paved: Yes
  • Pool: No
  • View: No

Garage/Parking

  • Garage Spaces: 7
  • Covered Parking: 7
  • Parking Garage: Garage
  • Total Parking: 7

Utilities

  • Electric Expense: 372.00
  • Number Electric Meters: 6
  • Number Gas Meters: 6
  • Water Expense: 4226.00
  • Water Heaters: Yes

Fee Information

  • Insurance Expense: 2552.00
  • Maintenance Expense: 2400.00
  • Other Expense: 1500.00
  • Trash Expense: 1740.00

Lot Info

  • Assessed Improvement Value: 218900
  • Assessed Land Value: 821100
  • Assessor Parcel Number: 4059-019-036
  • Geocode Override: No
  • Lot Size Area: 11272

Rental Info

  • Total Actual Rent: 103079.00
  • Rent Control: No

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 11.52
  • Number Of Units: 6
  • Rent Control: 0
  • Type Of Units: 2 Bdr, 2+Den
  • Vacancy Allow: 5425
  • Vacancy Allow Percent: 5.00

Tax Info

  • Tax Expense: 15625.00
  • Tax Percent: 1.25
  • Tax Total: 15625.00

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 4, 2017
Closed on
Feb 22, 2017
Sold by
Bought by
Seller's Agent
Jonathan Nikfarjam
Shield CRE, Inc.
Buyer's Agent
Jonathan Nikfarjam
Shield CRE, Inc.
List Price
$1,250,000
Sold Price
$1,300,000
Premium/Discount to List
$50,000
4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
4.19%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 20, 2015
Sold by
Bought by

Purchase Details

Closed on
Sep 19, 2007
Sold by
Bought by

Purchase Details

Closed on
Oct 30, 2006
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,300,000 Chicago Title Company
-- None Available
-- None Available
-- None Available
-- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $657,000
Closed $700,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/10/2017 03/10/17 Sold $1,300,000 +4.0% $214 / Sq Ft
01/04/2017 01/04/17 For Sale $1,250,000 -- $206 / Sq Ft
Source: The MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $20,377 $1,525,487 $696,348 $829,139
2024 $19,636 $1,495,577 $682,695 $812,882
2023 $19,293 $1,466,253 $669,309 $796,944
2022 $18,367 $1,437,504 $656,186 $781,318
2021 $18,226 $1,409,319 $643,320 $765,999
2019 $17,431 $1,352,520 $624,240 $728,280
2018 $17,179 $1,326,000 $612,000 $714,000
2016 $13,623 $1,040,000 $821,100 $218,900
2015 $11,318 $846,000 $667,900 $178,100
2014 $10,981 $800,000 $631,600 $168,400
Source: Public Records

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Map

Source: The MLS

MLS Number: 17-190060

The MLS
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