Seller Financing
Address
16204 S Orchard Avenue Gardena, CA
Price
$ 910,000
Property Attributes
  • ID#SB20177816
  • TypeContingent
  • CountyLOS ANGELES
  • CityGardena
  • AreaNorth Gateway
  • Zip90247
  • Style
  • Price$ 910,000
  • Bedrooms8
  • Full Bathrooms8
  • Half Bathrooms0
  • Lot Size10,408 SqFt
Listing Provided Courtesy Of:
Kikuo Takahashi with Kasumi Realty, Inc..
Data Source:
CRMLS
Property Description

This property is good for Residential or commercial use. *COVID-19. 1. LA City PCR test, . 2. Kitchen use with assigned cooking time zone for all tenants for breakfast, lunch, dinner cocking time to avoid the social distancing. *Seller Carry, up to $200K, 3.50% 30 year amortization loan with 3 year balloon payment! *All 8 bedrooms are "Room share Renting" situation! Amazing cap rate: 7.97%! (You may have the Rent Roll & Cap Rate sheets upon your request). *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 of washers & dryers in Laundry room + Solar system with 14 panels + 10,408 sqft (Huge size lot!). *A very good news!! We have 3 way options for management & investment! Option 1, we make 9th bedroom/sink, bathroom & Wet Bar (rent,1,350). Seller is ready to get the building permit! Construction cost will be 28,000! Cap rate, Amazing, 9.81%. Option 2, we make 9th bedroom/sink, bathroom & Wet Bar (rent,750), this room to be lived with on-site manager. Cap rate, 8.88%. Option 3, we make 9th bedroom/sink, bathroom & Wet Bar (rent,1,350). And you can hire an experienced person or this seller as an experienced manager.

Price History
8/29/2020 Listed $910,000

General Features

Community Features Curbs
Garage Spaces 2
Garage Y/N Yes
Heating Central
Levels One
Listing Agent Kikuo Takahashi - BRE#01008077
Listing Agent State License 01008077
MLS Area 116 - North Gateway
Open Parking Spaces 10
Pool Features None
Property Type Residential Income
Sewer Public Sewer
Special Listing Conditions Standard
Terms Cash, Cash to New Loan, Conventional, 1031 Exchange, Owner Will Carry, Submit
Total Units 8
Water Sewer Expense 100
Zoning LAR2

Interior Features

Common Walls No Common Walls
Heating Y/N Yes
Laundry Features Laundry Closet

Exterior Features

Lot Features 0-1 Unit/Acre
Lot Size Acres 0.24
Lot Size Area 10408
Lot Size Source Assessor
Lot Size Square Feet 10408
Lot Size Units Square Feet
Number of Buildings 1
Number of Separate Electric Meters 1
Number of Separate Gas Meters 1
Number of Separate Water Meters 1
Total Parking 12
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • 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 $920K
$910K
Visits
AVG 129
307
Year Built
AVG 1959
1958
Walkscore
AVG 73
74
Data Provided by Walkscore ® not using MLS data

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