1615 West 145th Street, Unit 1

Gardena, CA 90247

$3,580,000
Price
19
Beds
18
Baths
10,101 Sq. Ft.
$354 / Sq. Ft.
10,101
Sq. Ft.
$354
per Sq. Ft.

Description

Fully renovated, stabilized 10-unit apartment complex in prime Gardena. City of Gardena is NOT subject to LA City rent control and allows for 5%+CPI annual rent increases under AB 1482. Property offers an exception unit mix of (2) 3-bedroom/2 baths, (5) 2-bedroom/2 baths two-level Townhouse style units and (3) 1-bedroom/1bath units. Renovations include brand-new electrical wiring, sub panels, copper plumbing, new 400-amp electrical panel, vinyl windows, exterior paint, and landscaped areas. Interior...Fully renovated, stabilized 10-unit apartment complex in prime Gardena. City of Gardena is NOT subject to LA City rent control and allows for 5%+CPI annual rent increases under AB 1482. Property offers an exception unit mix of (2) 3-bedroom/2 baths, (5) 2-bedroom/2 baths two-level Townhouse style units and (3) 1-bedroom/1bath units. Renovations include brand-new electrical wiring, sub panels, copper plumbing, new 400-amp electrical panel, vinyl windows, exterior paint, and landscaped areas. Interior renovations include laminate flooring, recessed lighting, shaker cabinets, quartz counters, in-unit washer/dryer setups, and stainless-steel appliances. The front unit, a spacious 1,800+ sq. ft. 3-bedroom, 2.5-bathroom owner's unit, features a front yard and central HVAC. Roof, approximately 7 years old. Property offers 10 covered, assigned parking spaces, with the potential for conversion into two additional dwelling units (ADUs), maximizing rental income. Remote security camera system has been installed; common area laundry room provides additional income.
  1. Listed by Olga Wright • DRE #01315042 • Brokerage DRE #01972083 • Lyon Stahl Investment Real Estate, Inc. • 3108017373

Property Details for 1615 West 145th Street, Unit 1

Parking Spaces Total
10
Private Pool
No
Total Units
10.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
10101
Assessor Parcel Number
6103-004-056
Property Attached YN
true

Location

Listing Courtesy of Lyon Stahl Investment Real Estate, Inc., Olga Wright, DRE #01315042
Add your commute
LISTING UPDATED: 04/23/2024 10:49 PM

Property Details for 1615 West 145th Street, Unit 1

StatusActive
MLS #SB24077076
Days on Market9
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Apartment
Year Built1961
CountyLos Angeles County

Location

Listing Courtesy of Lyon Stahl Investment Real Estate, Inc., Olga Wright, DRE #01315042
Add your commute

Building Information for 1615 West 145th Street, Unit 1

Building/Complex1615 W 145th StFloor-Stories2Residences-Pet Policy-Year Built1961Building Size-

Payment Calculator

$22,052 per month

30 year fixed, 7.25% Interest

Principal and Interest

$19,538

Property Taxes

$2,514

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1615 West 145th Street, Unit 1

Rental Info
Rental Info
  • Tenant Pays: Electricity, Gas
Income / Expense / Tax Details
Income Details
  • Gross Income: $281,861
  • Gross Scheduled Income: $278,640
  • Vacancy Allowance: 8359
  • Vacancy Allowance Rate: 3
  • Gross Operating Income: $281,861
  • Net Operating Income: $201,039
  • Number Of Rented Garages: 6
  • Garage Rental Rate: $50
  • Garage Income: $3,600
  • Laundry Income: $500
  • Other Income Description: RUBS
  • Other Income 1: $7,980
  • Gross Multiplier: 12.34
  • Cap Rate: 5.62
Expense Details
  • Operating Expense: $80,822
  • New Taxes Expense: $42,494
  • Fuel Expense: $0
  • Electric Expense: $979
  • Insurance Expense: $6,121
  • Maintenance Expense: $5,000
  • Professional Management Expense: $13,500
  • Trash Expense: $4,597
  • Water Sewer Expense: $6,931
  • Total Expenses: $80,822
Tax / Assessment Info
  • Tax Area: 576
  • Tax Tract Number: 6030
  • Tax Census Tract: 6030.05
  • Tax Lot: 004
Community / Development
Community / Development
  • Community Features: Sidewalks, Street Lights, Urban
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Common Area
  • Laundry Equipment Own Lease: Lease
Exterior Features
  • Entry Location: 1
  • Pool Features: None
  • Pool Description: None
Land/Lot Info
  • Lot Features: Walkstreet
  • Number Of Units: 10
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking: Yes
  • Parking Garage: Carport
  • Parking Garage Spaces: 0
  • Carport Spaces: 10
  • Parking Features: Carport
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 3
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Actual Rent: $3,195
  • Unit Type Total Rent: $3,195
  • Unit Type Pro Forma: 3195
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,900
  • Unit Type Total Rent: $1,900
  • Unit Type Pro Forma: 1975
  • Unit Type Type: 10
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Actual Rent: $2,895
  • Unit Type Total Rent: $2,895
  • Unit Type Pro Forma: 3195
  • Unit Type Type: 2
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Actual Rent: $1,465
  • Unit Type Total Rent: $1,465
  • Unit Type Pro Forma: 2895
  • Unit Type Type: 3
Unit 5
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Actual Rent: $2,895
  • Unit Type Total Rent: $2,895
  • Unit Type Pro Forma: 2895
  • Unit Type Type: 4
Unit 6
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Actual Rent: $2,845
  • Unit Type Total Rent: $2,845
  • Unit Type Pro Forma: 2895
  • Unit Type Type: 5
Unit 7
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Actual Rent: $1,430
  • Unit Type Total Rent: $1,430
  • Unit Type Pro Forma: 2895
  • Unit Type Type: 6
Unit 8
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Actual Rent: $2,750
  • Unit Type Total Rent: $2,750
  • Unit Type Pro Forma: 2895
  • Unit Type Type: 7
Unit 9
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,950
  • Unit Type Total Rent: $1,950
  • Unit Type Pro Forma: 1975
  • Unit Type Type: 8
Unit 10
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,895
  • Unit Type Total Rent: $1,895
  • Unit Type Pro Forma: 1975
  • Unit Type Type: 9
Unit Information
  • Number Of Units Leased: 9
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 11
  • Number Of Separate Gas Meters: 11
  • Number Of Separate Water Meters: 1

Property History for 1615 West 145th Street, Unit 1

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1615 West 145th Street, Unit 1

Taxable ValueLand$1,051,178Additions$1,261,573Total$2,312,751
Tax Record2023$30,162 ($2,514 / month)
Home Facts
Total Finished SqFt10,101 SqFtAbove Grade Finished SqFt10,101 SqFtLot Size12,869 SqFtStyleMulti-Family Res (5+ Units)Year Built1961ZoningGAR3CountyLOS ANGELESAPN6103-004-056

Schools near 1615 West 145th Street, Unit 1

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 10
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
One Hundred Fifty-Third Street School
PublicK to 5

Boys Academic Leadership Academy
Public6 to 10

Gardena Senior High School
Public9 to 12

Middle College High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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1615 West 145th Street, Unit 1 is a multi-family home for sale in Gardena, CA 90247. This property was listed for sale on April 24, 2024 by Lyon Stahl Investment Real Estate, Inc., it's currently listed at $3,580,000. This listing's school district is Los Angeles Unified School District. Nearby schools include One Hundred Fifty-Third Street School, Boys Academic Leadership Academy and Gardena Senior High School. 1615 West 145th Street, Unit 1 is a 19-bed, 18-bath, 10,101 sqft multi-family home built in 1961.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Lyon Stahl Investment Real Estate, Inc., Olga Wright, DRE #01315042

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.