Seller Financing
Address
16204 S Orchard Avenue Gardena, CA
Price
$ 910,000
Property Attributes
  • ML#SB20177816
  • TypeIncome
  • CountyLOS ANGELES
  • CityGardena
  • AreaNorth Gateway
  • Zip90247
  • Style
  • Price$ 910,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage2738
  • Lot Size10,406 SqFt
Listing Provided Courtesy Of:
Kikuo Takahashi with Kasumi Realty, Inc..
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

Attached Structure Detached
Community Features Curbs
Directions Between 161st & 163rd, and between Vermont Ave & 110 FRWY.
Garage Spaces 2.00
Heating Central
Levels One
Listagentaor South Bay
Listing Agent Kikuo Takahashi - BRE#01008077
Listing Agent State License 01008077
MLS Area 116 - North Gateway
Pool Features None
Price Per Square Foot 332.36
Sewer Public Sewer
Source System CRMLS
Special Listing Conditions Standard
Total Units 8
Zoning LAR2

Interior Features

1st Bedroom Area Unit Type Square Feet
2nd Bedroom Area Unit Type Square Feet
3rd Bedroom Area Unit Type Square Feet
Common Walls No Common Walls
Heating Y/N Yes
Laundry Features In Closet
Laundry Y/N Yes
Studio Area Unit Type Square Feet
Total Stories 1

Exterior Features

Building Area Total 2738.00
Lot Features 0-1 Unit/Acre
Lot Size Acres 0.2389
Lot Size Area 10408.0000
Lot Size Source Assessor
Lot Size Square Feet 10408.00
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 12.00
Uncovered Spaces 10.00
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 $1.17M
$910K
Visits
AVG 51
164
Year Built
AVG 1955
1958

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