Price Reduction - Master on Main
Address
16204 S Orchard Avenue Gardena, CA
Price
$ 982,000
Property Attributes
  • MLS#SB19256069
  • TypeSingle Family
  • CountyLOS ANGELES
  • CityGardena
  • AreaNorth Gateway
  • Zip90247
  • Style
  • Price$ 982,000
  • Bedrooms8
  • Full Bathrooms5
  • Half Bathrooms0
  • Sqr Footage2738
  • Lot Size10,406 SqFt
Listing Provided Courtesy Of:
Kikuo Takahashi with Kasumi Realty, Inc..
Property Description

*All 8 bedrooms are "Room share Renting" situation! Amazing cap rate: 7.11%! *Great income property in Gardena! *Remodeling completed with building Permit (#180-10001-34463) from City of Los Angeles! *With 8 bedrooms + 5 bathrooms + Dinning & living rooms + 12 parking spaces + 7 refrigerators + 2 sets washer & dryer in Laundry room + Solar system with 14 panels + 10,408 sqft (Huge size lot!). *All bedrooms have been filled up with tenants! **A very good news!! We have 3 way options for management & investment! Option 1, we can make 9th bedroom/sink & bathroom(rent,1,450). Seller is ready to get the building permit! Construction cost will be 28,000! Cap rate, Amazing, 8.8%. Option 2, we can make 9th bedroom/sink & bathroom(rent,750), this room to be lived with on-site manager. Cap rate, 8.1%. Option 3, we can make 9th bedroom/sink & bathroom(rent,1,450). And you can hire an experienced person or this seller as an experienced manager.

Price History
11/1/2019 Listed $992,000
3/20/2020 2% - $982,000

General Features

Assessments None
Attached Structure Detached
Co-Listing Agent Last Name YAP
Co-Listing Agent Last Name EDEN
Co-Listing Agent State License # 01225782
Co-listing Agent EDEN YAP - BRE#01225782
Community Features Curbs
Directions Between 161st & 163rd, and between Vermont Ave & 110 FRWY.
HOA Fee 0.00
High School District Los Angeles Unified
Levels One
Listagentaor South Bay
Listing Agent Kikuo Takahashi - BRE#01008077
Listing Agent State License 01008077
MLS Area 116 - North Gateway
Price Per Square Foot 358.66
Property SubType Single Family Residence
Source System CRMLS
Special Listing Conditions Standard
Zoning LAR2

Interior Features

Common Walls No Common Walls
Cooling None
Fireplace Features None
Full + 3/4 Baths 5
Full Baths 5
Heating Central
Heating Y/N Yes
Laundry Features In Garage
Laundry Y/N Yes
Main Level Bathrooms 5
Main Level Bedrooms 8
Room Type All Bedrooms Down
Total Stories 1

Exterior Features

Attached Garage Yes
Garage Spaces 2.00
Lot Features 0-1 Unit/Acre
Lot Size Acres 0.2389
Lot Size Area 10408.0000
Lot Size Square Feet 10408.00
Lot Size Units Square Feet
Pool Features None
Sewer Public Sewer
Total Parking 2.00
View None
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 90247

Price
AVG $610K
$980K
Visits
AVG 36
197
Year Built
AVG 1947
1958
Walkscore
AVG 76
74
Data Provided by Walkscore ® not using MLS data

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