1621 W 147th St, Gardena, CA 90247

2 beds, 1 bath, 816 sqft
Sold: $399,000
Sold on 10/18/13
Zestimate®: $381,420
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Huge Price Drop! Development Opportunity!! One of the last remaining buildable lots in Gardena in a great neighborhood! Total of 3 lots all included at this price, zoned R3 with a total of 14,237 sqft and allows for 6 detached Single Family Residences or Townhouses. Perfect rectangle lot shape which allows for "row design style" housing. Located on a great quiet and clean street under neighborhood watch program. Extremely talented architect has already completed a lot of up front preliminary work including construction renderings, build out estimates per unit and met with city officials for verbal confirmations. Architects renderings are attached here which include 6 Single Family Residences with a 3 bed/2 bath design floor plans. City officials have given verbal OK to construct the project similar to the new LA City Small Lot subdivision ordinance where each homeowner would actually own their own land for each house built. Such a project would eliminate an HOA. This would allow the public to benefit from individual home ownership where owners actually own the land and avoid litigious condominium situations. All up front due diligence has been completed for this project. Other APN is 6103031025.  MoreLess
 
Facts
  • Lot: 0.33 acres
  • Single Family
  • Built in 1924
  • Cooling: None
  • Heating: Other
  • Last sold: Oct 2013 for $399,000
  • Price/sqft: $489
Features
  • Flooring: Hardwood
  • Parking: 1 space
Construction
  • Roof type: Other
  • Room count: 2
  • # Stories: 1.0
  • Structure type: Other
  • Unit count: 1
Other
  • Floor size: 816 sqft
  • Last remodel year: 1924
  • Lot depth: 190
  • Lot width: 50
  • Parcel #: 6103031026
  • Zillow Home ID: 20980123
Home Values
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$381,420
+$4,258 Last 30 daysd
$339K
$408K
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$1,797/mo
+$44 Last 30 daysd
$1.4K
$2.3K
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Neighborhood for 1621 W 147th Street

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Zillow predicts 90247 home values will increase 9.5% next year, compared to a 9% rise for Gardena as a whole. Among 90247 homes, this home is valued 2.9% less than the midpoint (median) home, but is valued 67.1% more per square foot.

Foreclosures will be a factor impacting home values in the next several years. In 90247, the number of foreclosures waiting to be sold is 13.3% greater than in Gardena, and 32.5% lower than the national average. This higher local number may prevent 90247 home values from rising as quickly as other regions in Gardena.

Learn more about forecast calculations or 90247 home values.
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