NOT LISTED FOR SALE

Estimated Value: $801,258 - $1,265,000

8 Beds
4 Baths
6,256 Sq Ft
$170/Sq Ft Est. Value

Last Sold August 13, 2013

Last sale price $430,000 $69 Per Sq Ft

Est. 147% increase in value since last sale

Current estimated payment $6,216/month

110 Days on Market

About This Home

As of August 2013

Distinctive 2 story walk up quadraplex in the heart of Gardena. 4 spacious units all with same layout, 3 bedrooms each. 6 off street parking spaces. This is your opportunity to own a multifamily property in a great area. Live in one and rent out the others or keep as an investment. This is a short sale subject to lender approval. Price relects deferred maintenance, fixer property. Photos are historic and may not reflect current property condition. Property is in a rent control area. Vacant units can be established at market rents, rent control limits rent increases. Buyer to verify with city of Los Angeles.

Last Agent to Sell the Property

DONALD WHITTAKER

SOCAL HOME REALTY License #01905924 Listed on: 12/19/2012

Last Buyer's Agent

DONALD WHITTAKER

SOCAL HOME REALTY License #01905924 Listed on: 12/19/2012

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,984

Year Built

  • Built in 1921

Lot Details

  • 7,216 Sq Ft Lot
  • End Unit
  • Density is 11-15 Units/Acre

Home Design

  • 6,256 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Parking

  • 6 Parking Spaces
  • Parking Available
  • Unassigned Parking

Listing and Financial Details

  • Tax Lot 23
  • Tax Tract Number 17
  • Assessor Parcel Number 6117019022

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Electric Expense $500
  • Insurance Expense $2,000
  • Trash Expense $500
  • Water Sewer Expense $4,000
  • Gross Income $4,800
  • Net Operating Income $47,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,984

Year Built

Built in 1921

Lot Details

0

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • Water Sewer Expenses: 4000.00
  • Property Type: Residential Income
  • Parcel Number: 6117019022
  • Year Built: 1921
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: End Unit
  • Levels: Two
  • Price Per Square Foot: 68.73

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Unassigned
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Sewer Connected
  • Trash Expense: 500.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Lot Features: 11-15 Units/Acre
  • Lot Size Sq Ft: 7216.00
  • Lot Size Acres: 0.1660

Multi Family

  • Electric Expense: 500.00
  • Gross Income: 4800.00
  • Gross Scheduled Income: 55000.00
  • Insurance Expense: 2000.00
  • Lot Size Area: 7216.0000 Square Feet
  • Net Operating Income: 47000.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 8000.00
  • Rent Control: No

Tax Info

  • Tax Lot: 23
  • Tax Tract Number: 17
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 23, 2013
Sold by
Edalati Siamak
Bought by
Grand Pacific 2 Llc
Current Estimated Value
$1,062,565

Purchase Details

Closed on
Apr 25, 2006
Sold by
The Clerk Of The Court For Indea A Marks
Bought by
Edalati Siamak

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$464,750
Interest Rate
7.62%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jan 25, 2005
Sold by
Mcleon Diane V
Bought by
Marks Indea A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$585,000
Interest Rate
6.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 26, 2002
Sold by
Rmc Realty Inc
Bought by
Marks Ondeya

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,360
Interest Rate
6.78%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 14, 2002
Sold by
Equicredit Corp Of America
Bought by
Rmc Realty Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,360
Interest Rate
6.78%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 29, 2001
Sold by
Dee Sean
Bought by
Equicredit Corp Of America

Purchase Details

Closed on
Jun 9, 2000
Sold by
B H T Enterprise Inc
Bought by
Dee Sean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
8.67%

Purchase Details

Closed on
Jun 2, 1999
Sold by
Tyler Ben Harrison
Bought by
B H T Enterprises Inc

Purchase Details

Closed on
Aug 20, 1998
Sold by
Tyler Dimple L
Bought by
Tyler Ben Harrison

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,000
Interest Rate
9.75%

Purchase Details

Closed on
Aug 19, 1998
Sold by
Pacific Access Corp
Bought by
Tyler Ben Harrison

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,000
Interest Rate
9.75%

Purchase Details

Closed on
Jun 4, 1998
Sold by
Wilshire Funding Corp
Bought by
Pacific Access Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
7%

Purchase Details

Closed on
Apr 30, 1998
Sold by
Cintrechos Rodolfo and Cintrechos Rosa
Bought by
Wilshire Funding Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
7%

Purchase Details

Closed on
Mar 13, 1997
Sold by
Millsap Eric
Bought by
Cintrechos Rodolfo and Cintrechos Rosa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$287,207
Interest Rate
7.98%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 12, 1996
Sold by
Mustapha Kareem A and Glendale Federal Bank Fsb
Bought by
Glendale Federal Bank Fsb
Source: Public Records

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Grand Pacific 2 Llc $389,000 Fidelity National Title San
Edalati Siamak $715,000 First American Title Co
Marks Indea A $650,000 Provident Title Company
Marks Ondeya $365,000 Lawyers Title Company
Rmc Realty Inc $250,000 Lawyers Title
Equicredit Corp Of America $319,900 --
Dee Sean $350,000 Benefit Land Title Company
B H T Enterprises Inc -- --
Tyler Ben Harrison -- Benefit Land Title Company
Tyler Ben Harrison $350,000 Benefit Land Title Company
Pacific Access Corp $195,000 Benefit Land Title Company
Wilshire Funding Corp $136,000 Benefit Land Title Ins Co
Cintrechos Rodolfo $325,000 South Coast Title
Glendale Federal Bank Fsb $188,364 North American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Edalati Siamak $464,750
Previous Owner Marks Indea A $585,000
Previous Owner Marks Ondeya $359,360
Previous Owner Dee Sean $315,000
Previous Owner Tyler Ben Harrison $255,000
Previous Owner Pacific Access Corp $210,000
Previous Owner Cintrechos Rodolfo $287,207
Closed Tyler Ben Harrison $35,000
Closed Dee Sean $17,500
Closed Marks Indea A $65,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/13/2013 08/13/13 Sold $430,000 -3.4% $69 / Sq Ft
04/08/2013 04/08/13 Pending -- -- --
12/19/2012 12/19/12 For Sale $445,000 -- $71 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

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 $6,984 $476,850 $214,520 $262,330
2024 $6,984 $467,501 $210,314 $257,187
2023 $6,863 $458,336 $206,191 $252,145
2022 $6,583 $449,350 $202,149 $247,201
2021 $6,466 $440,540 $198,186 $242,354
2019 $6,291 $427,474 $192,308 $235,166
2018 $6,110 $419,093 $188,538 $230,555
2016 $5,782 $402,821 $181,218 $221,603
2015 $5,699 $396,771 $178,496 $218,275
2014 $5,729 $389,000 $175,000 $214,000
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV12152539

California Regional Multiple Listing Service (CRMLS)

APN: 6117-019-022