Updated Set Up Sheet. Price Reduced for a quick sale. Seller financing possible. 14900 Lemoli Ave., Gardena CA 90249 is a 16-unit apartment complex that benefits from a strong employment base as well as a nearby community college that helps provide constant demand for housing. The property consists of all large One Bedroom Units and is situated on an oversized 15,624 sq ft lot with plenty of parking. All utilities are paid by Landlord (Master Metered). This asset is situated in zip code area of the City of Gardena, however, under it falls under the jurisdiction of LA County (not LA City). Upside potential exist with this asset by bringing the below market rents to market rates on turn as well as benefit from 4% potential annual rental increases. Additionally, there is an office unit that has plumbing for a toilet and shower which may be able to be leased out as an office (Buyer to verify). An investor can also find upside with the laundry room income as well as storage facilities located in the parking area. For investors looking for a value-added opportunity - this might be your deal! Some basic deferred maintenance makes this investment offering perfect for an investor that knows how to beautify a property and maximize rents in the process. Priced competitively BELOW 10x GRM (9.97) and a potential 6.30% CAP, this asset potentially can possibly cash flow at the list price using reasonable estimated expenses!!
Property Details
Property Features
Property Information:
Year Built: 1961
Stories: 2
Listing Office:
Office Name: The Holstein Group
Office Phone: (310) 345-9994
Listing Agent: David Holstein
Exterior Features
Exterior Information:
Private Pool: No
Lot Features
Lot Information:
Lot Size: 0.36 Acres
School Info
Assigned Schools Information:
Leuzinger High School, Public District Grades 9-12
Environmental Charter High School, Public Charter Grades 9-12
Lawndale High School, Public District Grades 9-12
Will Rogers Middle School, Public District Grades 6-8
F. D. Roosevelt Elementary School, Public District Grades KG-5
Other
Directions Information:
Directions: One block off Marine Ave, South of Crenshaw Blvd
Price Information
Listing Price Info
Price Summary:
List Price: $2,995,000
Tax Information:
Annual Amount: $36,076
Tax Year: 2021
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Housing Market Comparison
See how this home compares to others in Gardena, CA.
This property is $2.2M more than the Median Sold Price in Gardena, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #SB23225776
Listing Office:
Office Name: The Holstein Group
Office Phone: (310) 345-9994
Listing Agent: David Holstein
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 4/30/2024, 6:20:23 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Aug 17, 2016
Aug 17, 2016Home Sold
$2,450,000
Apr 16, 2013
Apr 16, 2013Home Sold
$1,355,000
Sep 26, 2000
Sep 26, 2000Home Sold
$535,000
Apr 03, 1997
Apr 03, 1997Home Sold
$58,964
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$36,076
$2,627,434
2020
$34,799
$2,599,959
2019
$34,147
$2,548,980
2018
$32,512
$2,499,000
2017
$32,512
$2,450,000
History based on county public records data.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
4
/10
F. D. Roosevelt Elementary School
3533 West Marine Blvd
Distance between this listing and this school0.24 miles
Public District Grades KG-5
Middle School
6
/10
Will Rogers Middle School
4110 W 154th St
Distance between this listing and this school1.01 miles
Public District Grades 6-8
High School
4
/10
Leuzinger High School
4118 Rosecrans Ave
Distance between this listing and this school1.01 miles
Public District Grades 9-12
6
/10
Environmental Charter High School
16315 Grevillea Ave
Distance between this listing and this school1.71 miles
Public Charter Grades 9-12
4
/10
Lawndale High School
14901 Inglewood Ave
Distance between this listing and this school1.80 miles
Public District Grades 9-12
Assigned Schools
4
/10
F. D. Roosevelt Elementary School
3533 West Marine Blvd
Distance between this listing and this school0.24 miles
Public District Grades KG-5
Nearby Schools
8
/10
Mark Twain Elementary School
3728 W 154th St
Distance between this listing and this school0.59 miles
Public District Grades KG-5
8
/10
One Hundred Fifty-Sixth Street Elementary School
2100 W 156th St
Distance between this listing and this school0.97 miles
Public District Grades KG-6
Assigned Schools
6
/10
Will Rogers Middle School
4110 W 154th St
Distance between this listing and this school1.01 miles
Public District Grades 6-8
Nearby Schools
6
/10
Bud Carson Middle School
13838 Yukon Ave
Distance between this listing and this school0.73 miles
Public District Grades 6-8
5
/10
Prairie Vista Middle School
13600 Prairie Ave
Distance between this listing and this school1.05 miles
Public District Grades 6-8
Assigned Schools
4
/10
Leuzinger High School
4118 Rosecrans Ave
Distance between this listing and this school1.01 miles
Public District Grades 9-12
6
/10
Environmental Charter High School
16315 Grevillea Ave
Distance between this listing and this school1.71 miles
Public Charter Grades 9-12
4
/10
Lawndale High School
14901 Inglewood Ave
Distance between this listing and this school1.80 miles
The neighbors living near this home have an average income of $33,623. The majority of Gardena, CA residents have income less than $35k annually. Most families are single, no kids. Most residents in this area have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 14900 Lemoli Ave
What is the listing price of this property?
The listing price of 14900 Lemoli Ave property is $2,995,000.
What type of property is this?
The property 14900 Lemoli Ave is a condo located in Gardena, California, 90249.
Is this property for sale now?
Active Listing: 14900 Lemoli Ave is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 14900 Lemoli Ave are: F. D. Roosevelt Elementary School: GreatSchools Rating 4/10Will Rogers Middle School: GreatSchools Rating 6/10Leuzinger High School: GreatSchools Rating 4/10Environmental Charter High School: GreatSchools Rating 6/10Lawndale High School: GreatSchools Rating 4/10
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $36,076 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on August 17, 2016 for $2,450,000. (source: MLS/tax record).
Which year was this property built?
The year of construction for 14900 Lemoli Ave is 1961.
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This home is located at 14900 Lemoli Ave in Gardena, CA and zip code 90249 in the South Bay neighborhood. This home, which was built in 1961, sits on a 0.36 acre lot. It has been listed on Rocket Homes since December 14, 2023 and is currently priced at $2,995,000.
Over 13 listings were sold over their listed price in March 2024 in Gardena, CA. In the same period over 3 listings were sold below the listed price and 6 listings were sold for the listed price. Between February 2024 and March 2024, Gardena, CA real estate market has seen decrease in the number of listings by 2.7%. In March 2024 median list price was $750,000 and the average listing age was 23 days.
From Rocket Homes Real Estate and based on county public records data.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. 
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