1866 W Gardena Boulevard, Gardena, California 90247, Gardena, 90247 - 2 bed, 2 bath

1866 W Gardena Boulevard, Gardena, California 90247 home-pic-0
ACTIVE$1,000,000
1866 W Gardena Boulevard, Gardena, California 90247
2Beds
2Baths
970Sqft
9,060Lot

Price Vs. Estimate

The estimated value ($925,378.795) is $74,621.205 (7%) lower than the list price ($1,000,000). This property may be overpriced.

Key pros and cons

Top Pros:
Large Lot Size: The 9,060 sqft lot offers significant potential for expansion, development, or creating a large outdoor space.
Top Cons:
Age of Property: Built in 1901, the property may require updates or repairs due to its age.

Compared to the nearby listings

Price:$1.00M vs avg $841.0K (+$159,000)94%
Size:970 sqft vs avg 1,424.5 sqft12%
Price/sqft:$1.0K vs avg $58098%

More Insights

Built in 1901 (124 years old).
Condition: The property was built in 1901. The listing mentions 'TLC' needed, and the images show an outdated kitchen and bathrooms. While the house is described as 'move-in ready,' it requires updates to meet modern standards. The kitchen appliances appear old, and the overall style is dated. The property has been maintained, but it's aged and requires minor updates or repairs.
Year Built
1901
Close
-
List price
$1M
Original List price
$1M
Price/Sqft
$1,031
HOA
-
Days on market
-
Sold On
-
MLS number
PW25116725
Home ConditionFair
Features
Patio
ViewNeighborhood

About this home

9060 sf lot house in the heart of South Gardena. Attention first-time homebuyers, builders, developers, and investors! This rare huge lot provides endless opportunities such as separating the parcel to build additional SFH or several luxury townhomes, or adding a dream urban garden with this existing craftsman-style home. The house is Move-in ready. However, given its excellent location, it also offers an excellent flip possibility, for savvy homebuyers, to build equity with some TLC and, for investors, to develop a promising project with potential to grow in a rapidly developing neighborhood. Must see!

Nearby schools

6/10
Denker Avenue Elementary School
Public,K-50.4mi
8/10
Lincoln Elementary School
Public,K-50.5mi
4/10
Amestoy Elementary School
Public,K-51.5mi
5/10
Gardena Elementary School
Public,K-51.5mi
4/10
Robert E. Peary Middle School
Public,6-80.6mi
6/10
Casimir Middle School
Public,6-80.8mi
3/10
Gardena Senior High School
Public,9-121.4mi
8/10
North High School
Public,9-121.8mi

Price History

Date
Event
Price
06/26/01
Sold
$180,000
Condition Rating
Fair

The property was built in 1901. The listing mentions 'TLC' needed, and the images show an outdated kitchen and bathrooms. While the house is described as 'move-in ready,' it requires updates to meet modern standards. The kitchen appliances appear old, and the overall style is dated. The property has been maintained, but it's aged and requires minor updates or repairs.
Pros & Cons

Pros

Large Lot Size: The 9,060 sqft lot offers significant potential for expansion, development, or creating a large outdoor space.
Development Potential: The property is suitable for developers looking to build additional single-family homes or luxury townhomes.
Prime Location: Located in the heart of South Gardena, offering convenient access to local amenities and transportation.
Investment Opportunity: Presents a promising investment opportunity in a rapidly developing neighborhood with potential for growth.
Move-In Ready Condition: The house is currently move-in ready, providing immediate occupancy or rental income potential.

Cons

Age of Property: Built in 1901, the property may require updates or repairs due to its age.
Potential for TLC: While move-in ready, the property may benefit from some TLC to maximize its value and appeal.
Craftsman Style Limitations: The existing craftsman style may not appeal to all buyers, potentially limiting the market.

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