NOT LISTED FOR SALE

Estimated Value: $1,903,000 - $2,526,000

16 Beds
14 Baths
6,716 Sq Ft
$331/Sq Ft Est. Value

Last Sold November 12, 2020

Last sale price $1,780,000 $265 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $13,819/month

31 Days on Market

Highlights

  • New Construction
  • No HOA
  • Laundry Room
  • Modern Architecture
  • Balcony
  • Central Heating and Cooling System

About This Home

As of November 2020

RIGHT CITY, RIGHT LOCATION, PRIME GARDENA AREA. BRAND NEW 4 PLEX. FRONT DUPLEX ARE 4 BEDS 3 BATHS APPROX 1600 SQFT EACH. BACK DUPLEX ARE 4 BEDS 4 BATHS APPROX 1759 SQFT EACH. ALL WITH ATTACHED 2 CAR GARAGE PARKING! UNITS HAVE OPEN FLOOR PLANS, MASTER SUITES, WALK IN CLOSETS, BALCONIES FOR FRESH AIR AND EXTRA NATURAL LIGHT. KITCHENS HAVE WHITE CABINETRY AND LAMINATE FLOORS. BEDROOMS ARE AMPLE IS SIZE, MIRRORED CLOSET DOORS, RECESSED LIGHTING, NEW GRAY CARPETING IN BEDROOMS, HVAC. INDOOR WASH FACILITIES FOR EASE. HARD SCAPE HAS NEW CEMENT DRIVEWAY, SURROUNDING WOOD FENCES, WROUGHT IRON GATE IN FRONT. NICELY LANDSCAPED IN FRONT, LOTS OF OUTSIDE PARKING BETWEEN UNITS TOO. ALL SEPARATELY METERED WITH GAS, ELECTRICITY AND WATER. JUST BLOCKS AWAY FROM 110, 91 FREEWAYS AND SHOPPING CENTERS, YET STILL IN RESIDENTIAL AREA. NO RENT CONTROL.

DO NOT DISTURB TENANTS IN UNITS 848 1/2 (FRONT RIGHT) AND 850 1/2 (BACK RIGHT) UNITS. THESE CAN BE SHOWN WITH ACCEPTED OFFERS.

Last Agent to Sell the Property

Alicia Ortiz

Real Estate Connection License #01193650 Listed on: 08/31/2020

Last Buyer's Agent

Laura Borbon

Century 21 Allstars License #01192623

Century 21 Allstars

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $23,874

Year Built

  • Built in 2020 | New Construction

Lot Details

  • 6,227 Sq Ft Lot
  • 1 Common Wall
  • Wrought Iron Fence
  • Wood Fence
  • Density is up to 1 Unit/Acre

Parking

  • 8 Car Garage

Home Design

  • Modern Architecture
  • Property Attached
  • Turnkey
  • Slab Foundation
  • Shingle Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 6,716 Sq Ft Home
  • 3-Story Property
  • Blinds
  • Laundry Room

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 16 Bedrooms
  • 14 Bathrooms

Outdoor Features

  • Balcony
  • Exterior Lighting

Additional Features

  • Urban Location
  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for all utilities
  • Legal Lot and Block 8 / C
  • Assessor Parcel Number 6121007008

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 4 Units

Building Details

  • 2 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters
  • Gardener Expense $1,800
  • Insurance Expense $3,262
  • Pest Control $1,200
  • Professional Management Expense $9,000
  • New Taxes Expense $23,738
  • Operating Expense $39,000
  • Gross Income $156,000
  • Net Operating Income $117,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$23,874

Year Built

Built in 2020 | New Construction

Lot Details

0

Parking

8

Listing Details

  • Professional Management Expense: 9000.00
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: No
  • Zoning: LAC2
  • Architectural Style: Modern
  • New Construction: Yes
  • Property Condition: Turnkey
  • Property Type: Residential Income
  • Gardener Expense: 1800.00
  • Parcel Number: 6121007008
  • Year Built: 2020
  • Special Features: NewHome
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Balcony
  • Stories: 3
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Laminate
  • Levels: Three Or More
  • Price Per Square Foot: 265.04
  • Window Features: Blinds

Exterior Features

  • Foundation: Slab
  • Fence: Yes
  • Fencing: Wood, Wrought Iron
  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 8.00
  • Total Parking Spaces: 8.00

Utilities

  • Utilities: Electricity Connected, Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Electric: Standard
  • Heating Type: Central
  • Laundry Features: Inside
  • Pest Control Expense: 1200.00
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6227.00
  • Lot Size Acres: 0.1430

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Gross Income: 156000.00
  • Gross Scheduled Income: 156000.00
  • Insurance Expense: 3262.00
  • Lot Size Area: 6227.0000 Square Feet
  • Net Operating Income: 117000.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number Of Units Leased: 2
  • Number Of Units Total: 4
  • Operating Expense: 39000.00
  • Rent Control: No
  • Total Actual Rent: 6500.00
  • Total Expenses: 39000.00

Tax Info

  • New Taxes Expense: 23738.00
  • Tax Block: C
  • Tax Census Tract: 2912.20
  • Tax Lot: 8
  • Tax Tract Number: 00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2020
Closed on
Jan 11, 2021
Sold by
Soung Stephen Kar
Bought by
Blooming Orchid Llc
Seller's Agent
Alicia Ortiz
Real Estate Connection
Buyer's Agent
Laura Borbon
Century 21 Allstars
List Price
$1,899,000
Sold Price
$1,780,000
Premium/Discount to List
-$119,000
-6.27%
Current Estimated Value
$2,220,190

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$440,190
Avg. Annual Appreciation
4.72%

Purchase Details

Listed on
Aug 31, 2020
Closed on
Sep 25, 2020
Sold by
Santana Investors Llc
Bought by
Soung Stephen Kar
Seller's Agent
Alicia Ortiz
Real Estate Connection
Buyer's Agent
Laura Borbon
Century 21 Allstars
List Price
$1,899,000
Sold Price
$1,780,000
Premium/Discount to List
-$119,000
-6.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,335,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 17, 2019
Closed on
Jan 31, 2019
Sold by
Ordonez Guido A
Bought by
Santana Investors Llc
Seller's Agent
Mina Semenza
Ken Nakaoka Company
Buyer's Agent
Mina Semenza
Ken Nakaoka Company
List Price
$375,000
Sold Price
$380,000
Premium/Discount to List
$5,000
1.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
154.94%
Original Mortgage
$266,000
Interest Rate
4.4%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Aug 28, 2018
Sold by
Ordonez Guido A
Bought by
Ordonez Guido A

Purchase Details

Closed on
Aug 6, 2010
Sold by
Ordonez Ede
Bought by
Ordonez Ede and The Ede Ordonez Trust
Source: Public Records

Range of Values:

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Average Value
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List Price
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
Blooming Orchid Llc -- None Available
Soung Stephen Kar $1,780,000 Clearmark Title
Santana Investors Llc $380,000 Wfg Title Company
Ordonez Guido A -- None Available
Ordonez Ede -- None Available
Ordonez Ede -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Soung Stephen Kar $1,335,000
Previous Owner Santana Investors Llc $235,000
Previous Owner Santana Investors Llc $266,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/12/2020 11/12/20 Sold $1,780,000 -1.1% $265 / Sq Ft
10/01/2020 10/01/20 Pending -- -- --
09/21/2020 09/21/20 Price Changed $1,799,000 -5.3% $268 / Sq Ft
08/31/2020 08/31/20 For Sale $1,899,000 +399.7% $283 / Sq Ft
03/21/2019 03/21/19 Sold $380,000 +1.3% $272 / Sq Ft
01/29/2019 01/29/19 Pending -- -- --
01/17/2019 01/17/19 For Sale $375,000 -- $269 / 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 $23,874 $1,926,727 $465,445 $1,461,282
2024 $23,874 $1,888,949 $456,319 $1,432,630
2023 $23,415 $1,851,912 $447,372 $1,404,540
2022 $21,957 $1,815,600 $438,600 $1,377,000
2021 $21,647 $1,780,000 $430,000 $1,350,000
2020 $5,146 $387,600 $310,080 $77,520
2019 $3,623 $77,107 $50,739 $26,368
2018 $1,282 $75,596 $49,745 $25,851
2016 $1,211 $72,663 $47,814 $24,849
2015 $1,194 $71,572 $47,096 $24,476
2014 $1,202 $70,171 $46,174 $23,997
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW20179744

California Regional Multiple Listing Service (CRMLS)

APN: 6121-007-008