Seller Financing
Address
16204 S Orchard Avenue Gardena, CA
Price
$ 970,000
Property Attributes
  • MLS#SB20177816
  • TypeIncome
  • CountyLOS ANGELES
  • CityGardena
  • AreaNorth Gateway
  • Zip90247
  • Style
  • Price$ 970,000
  • Bedrooms64
  • Full Bathrooms40
  • Half Bathrooms0
  • Lot Size10,408 SqFt
Listing Provided Courtesy Of:
Kikuo Takahashi with Kasumi Realty, Inc..
Data Source:
CRMLS
Property Description

*This property is ideal for a big family or 2 or 3 families together. *Remodeling will be completed with building permit (#21016-10000-14106) by the end of June 2021 from City of Los Angeles. *This property has 9 bedrooms + 6 bathrooms + large kitchen & dining area + 2 car garage + 10 car outside parking spaces + 7 refrigerators + 2 sets of washer & dryer in laundry room + Tesla installed solar system with 14 panels + 10408 sqft (Huge size lot!). *Or you can buy this property as a very good income property with net profit $108,300 and a cap rate of 8.61%. Detail: MLS Residential Income SB20177816.* *Seller will do Owner Carry, if you need, up to $200K, 3.5% 30 year amortization loan with 3 year balloon payment. “LISTING” Seller will get a Boarding House license from City of LA. To get it, Seller has to complete 3 required works; handicap toilet, entrance slope & parking space. There are 2 stages of construction for getting the “Final” Building Permit. The first stage: Construction work will be finished by the end of June 2021. The second stage: Seller has applied for the “Final” of the Boarding House Permit on 05/20/2021 at City of LA.

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
Status Active
Stories 1
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
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Income Average in 90247

Price
AVG $1.06M
$970K
Visits
AVG 62
390
Year Built
AVG 1963
1958
Walkscore
AVG 80
74
Data Provided by Walkscore ® not using MLS data

Looking for a more comfortable experience?

Download our mobile app for a personalized browsing experience.

Areas We Cover