NOT LISTED FOR SALE

Estimated Value: $1,293,000 - $1,668,451

7 Beds
5 Baths
3,708 Sq Ft
$384/Sq Ft Est. Value

Sale Details

Date Sold: November 16, 2020

Last sale price $1,100,000 $297 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $8,853 / mo

80 Days on Market

Highlights

  • In Ground Pool
  • 0.56 Acre Lot
  • Granite Countertops
  • California High School Rated A-
  • High Ceiling
  • No HOA

About This Home

As of November 2020

Over a half acre with (2) remodeled homes. Priced at $ 296. per square foot Best deal in Whittier. Each house has its own 2 car garage with opener. Front house has central air Both houses share a pool. Both homes were remodeled approximately 3 years ago. 3708 square feet of living space. Very quiet street in great location. Each house individually metered for gas and electric. Expenses are minimal. Front house has a laundry room and rear house has an inside laundry area. Both units have fireplaces. Upgraded flooring in both houses. Each house has an additional room with no closet that could be an additional bedroom making this property a 5 bedroom 3 bath house and a 4 bedroom 2 bath house. Parking for over 20 cars!
Subject to cancellation of existing escrow. FHA appraisal in over value. Buyer did not qualify.

Last Agent to Sell the Property

Steve Gamez

P.R.S. Properties License #00586247 Listed on: 07/27/2020

Last Buyer's Agent

Brad Wilson

DRW Services Group, Inc. License #01518757

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1937

Lot Details

  • 24,515 Sq Ft Lot
  • No Common Walls
  • Chain Link Fence
  • Sprinkler System
  • Density is 2-5 Units/Acre

Parking

  • 4 Car Garage

Home Design

  • Composition Roof
  • Stucco

Interior Spaces

  • 3,708 Sq Ft Home
  • Built-In Features
  • High Ceiling
  • Ceiling Fan
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Storage
  • Laundry in unit

Kitchen

  • Granite Countertops
  • Ceramic Countertops

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 5 Bathrooms

Pool

  • In Ground Pool
  • Fence Around Pool

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System
  • Wall Furnace

Additional Features

  • Exterior Lighting
  • Suburban Location

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 1
  • Tax Tract Number 17259
  • Assessor Parcel Number 8151015010

Community Details

Overview

  • No Home Owners Association
  • 4 Buildings
  • 2 Units

Building Details

  • 2 Leased Units
  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $1,200
  • Insurance Expense $1,214
  • Pool Expense $960
  • Trash Expense $1,980
  • Water Sewer Expense $1,800
  • New Taxes Expense $13,176
  • Operating Expense $20,330
  • Gross Income $74,400
  • Net Operating Income $54,070

Property Details

Home Type

Multi-Family

Year Built

Built in 1937

Lot Details

0.56 Acres

Parking

4

Listing Details

  • CapRate: 5.00
  • Property Attached: No
  • Water Sewer Expenses: 1800.00
  • Zoning: LCRA6000*
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 8151015010
  • Year Built: 1937
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Built-in Features, Ceiling Fan(s), Ceramic Counters, Granite Counters, High Ceilings, Storage
  • Common Walls: No Common Walls
  • Fireplace Features: Family Room, Living Room
  • Price Per Square Foot: 296.66

Exterior Features

  • Fence: Yes
  • Fencing: Chain Link
  • Pool Expense: 960.00
  • Pool Features: Private, Fenced, In Ground
  • Pool Private: Yes
  • Roof: Composition
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central, Wall Furnace
  • Sewer: Public Sewer
  • Trash Expense: 1980.00
  • Water Source: Public
  • Cooling: Central Air, Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Storm Drains, Street Lights, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Lot 20000-39999 Sqft, Sprinkler System
  • Lot Size Sq Ft: 24515.00
  • Lot Size Acres: 0.5628

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Multiplier: 14.76
  • Gross Operating Income: 74400.00
  • Gross Scheduled Income: 74400.00
  • Insurance Expense: 1214.00
  • Lot Size Area: 24515.0000 Square Feet
  • Net Operating Income: 54070.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Number With Dishwasher: 1
  • Number With Disposal: 2
  • Number With Range: 2
  • Operating Expense: 20330.00
  • Rent Control: Yes
  • Total Actual Rent: 6450.00
  • Total Expenses: 20330.00

Tax Info

  • New Taxes Expense: 13176.00
  • Tax Census Tract: 5033.02
  • Tax Lot: 1
  • Tax Tract Number: 17259

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2020
Closed on
Oct 16, 2020
Sold by
Bought by
Seller's Agent
Steve Gamez
P.R.S. Properties
Buyer's Agent
Brad Wilson
DRW Services Group, Inc.
List Price
$1,098,000
Sold Price
$1,100,000
Premium/Discount to List
$2,000
0.18%
Current Estimated Value
$1,424,863

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$324,863
Avg. Annual Appreciation
4.64%
Original Mortgage
$997,150
Interest Rate
0.028%
Mortgage Type
FHA

Purchase Details

Listed on
Apr 4, 2018
Closed on
Apr 18, 2018
Sold by
Bought by
Seller's Agent
Sharon Liu
Re/Max Premier Prop Arcadia
Buyer's Agent
Steve Gamez
P.R.S. Properties
List Price
$1,050,000
Sold Price
$1,000,000
Premium/Discount to List
-$50,000
-4.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.87%
Original Mortgage
$800,000
Interest Rate
0.0444%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 15, 2017
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,100,000 First American Title Company
-- First American Title Company
$1,000,000 Fidelity National Title
$720,000 Fidelity Sherman Oaks
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $997,150
Previous Owner $825,000
Previous Owner $800,000
Previous Owner $475,000
Previous Owner $222,000
Previous Owner $196,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/16/2020 11/16/20 Sold $1,100,000 +0.2% $297 / Sq Ft
07/27/2020 07/27/20 For Sale $1,098,000 +9.8% $296 / Sq Ft
05/15/2018 05/15/18 Sold $1,000,000 -4.8% $281 / Sq Ft View Prior Sale
04/16/2018 04/16/18 Pending -- -- --
04/04/2018 04/04/18 For Sale $1,050,000 -- $295 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $15,496 $1,190,673 $757,701 $432,972
2024 $14,312 $1,167,328 $742,845 $424,483
2023 $13,900 $1,144,440 $728,280 $416,160
2022 $13,605 $1,122,000 $714,000 $408,000
2021 $12,796 $1,051,178 $672,754 $378,424
2020 $12,655 $1,040,400 $665,856 $374,544
2019 $12,545 $1,020,000 $652,800 $367,200
2018 $8,887 $720,000 $680,000 $40,000
2016 $3,752 $279,227 $97,756 $181,471
2015 $3,727 $275,034 $96,288 $178,746
2014 $3,695 $269,647 $94,402 $175,245
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW20149134

California Regional Multiple Listing Service (CRMLS)

APN: 8151-015-010

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