1
Map
$723,000
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House -
Off Market
1051 W 187th Place
Gardena, CA 90248
4 Beds
2 Baths
1,285 Ft²
$720,041
RealtyHop Estimate
0.71%
Since Sep 1, 2023
CA-Los Angeles
Primary Model
About This Property
Welcome to this charming ''diamond in the rough'' located in a
desirable Gardena neighborhood. This home has incredible potential
and makes for a great first time buyer or investment property. The
home features 4 bedrooms, 2 bathrooms with nearly 1,300 square
feet. The fourth bedroom is privately located on the opposite side
of the home, perfect as a primary bedroom or in-laws quarters. The
kitchen is a blank canvas waiting for your personal touch and
offers laundry accommodations and views of the rear yard.
Additional living areas include the dining area and family room
with large picture window. Updates include dual paned windows,
tankless water heater, newer roof and updated electrical panel. The
rear yard is spacious with a large grassy area and patio, plenty of
room for barbecues and gatherings. Located in a great neighborhood
with easy access to major freeways, commuting to work or exploring
all that the surrounding area has to offer has never been easier.
This home presents a fantastic upside opportunity for those looking
to invest in and/or create their dream home.
Unit Size
1,285 Ft²
Days on Market
29 days
Land Size
0.13 acres
Price per sqft
$556
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1955
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 2 months ago (CRMLS #223002649)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 1, 2023 | Sold | ||
| Sold | |||
| Jul 3, 2023 | Listed by Pinnacle Estate Properties, Inc. | $715,000 | |
| Listed by Pinnacle Estate Properties, Inc. | |||
Property Highlights
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Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
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ft²
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Sold On
HOA + Taxes
About Harbor
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Listed by: Breanne Steen, Pinnacle Estate Properties, Inc.
Last Updated: 2 months ago
Data Source: CRMLS, MLS# 223002649
Last Updated: 2 months ago
Data Source: CRMLS, MLS# 223002649
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