tomo logo

$1,140,480Estimated home value

Beds
6
sq ft
3,587

16806 S Western Ave, Gardena, CA 90247

16806 S Western Ave

Gardena, CA 90247

  • Off market
Nestled in Gardena, California, 16806 South Western Avenue presents a prime investment opportunity with 10 residential units and 2 commercial spaces. This property offers both comfortable living and business potential, with amenities including 4 parking spaces. Surrounded by grocery stores, restaurants, and other essential services, the commercial spaces cater to diverse needs and attract foot traffic. Its strategic location in Gardena taps into a thriving commercial landscape, promising lucrative returns for investors keen on capitalizing on the area's economic growth.

Details

Property type

Est. home value

$1,140,480

Lot size

6,501 sq ft

Price per sq ft

$558

Year built

1961

HOA

No

Price History

08/01/2024
CLAW

CLAW #24379487

Removed
$2,000,000
07/06/2024
CLAW

CLAW #24379487

Price change
$2,000,000
+5.26%
04/12/2024
CLAW

CLAW #24379487

Listed
$1,900,000
+67.4%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Jesus Orozco Gomez

Loan start date

August 2023

Original loan amount

$250,000

Est. remaining balance

Not provided

Interest rate

6.81%

Loan type

Commercial

Seller

Miguel Angel Valle

Lender

The Michael Cronin 2013 Trust

Loan start date

May 2023

Original loan amount

$1,200,000

Est. remaining balance

Not provided

Interest rate

6.28%

Loan type

Commercial, 1 year

Seller

Miguel Angel Valle

Lender

Pedro Salvador Mercado

Loan start date

May 2023

Original loan amount

$200,000

Est. remaining balance

Not provided

Interest rate

6.28%

Loan type

Commercial

Seller

Miguel Angel Valle

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Off Market

Tomo last checked: 10/04/2024 at 8:25 PM

Listing updated: 07/25/2024 at 1:35 AM

Listed by: Sasharee Dewar, Berkshire Hathaway HomeServices CA Properties Phone #: (213) 328-7230

MLS: CLAW #24379487

CLAW logo

Recently listed in Gardena

$780,000|3 bd|1.5 ba|House
$1,199,000|3 bd|2.0 ba|House
$630,000|3 bd|2.5 ba|Townhouse
$899,000|4 bd|3.5 ba|Townhouse
$675,000|2 bd|2.5 ba|Townhouse
$789,000|3 bd|2.0 ba|House
$569,900|2 bd|1.0 ba|House
$929,990|4 bd|3.5 ba|Townhouse
$950,000|4 bd|2.0 ba|House

Explore top cities in California