NOT LISTED FOR SALE

Estimated Value: $1,442,000 - $1,913,000

10 Beds
5 Baths
4,807 Sq Ft
$362/Sq Ft Est. Value

Last Sold December 17, 2015

Last sale price $961,500 $200 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $10,833/month

2 Days on Market

Highlights

  • In Ground Pool
  • Fireplace in Primary Bedroom
  • No HOA
  • 0.88 Acre Lot
  • Wood Flooring
  • Laundry Room

About This Home

As of December 2015

$101,000 Price Decrease!!!! Incredible investment opportunity on large 38,000+ sq ft lot in unincorporated Whittier (LA County) with 4 homes located on it. Possibility to subdivide and build 3 more homes on lot as long as you meet development standards. Al types of possibilities with this property, could live in one home and let the other 3 homes pay your mortgage payment for you. One home is 2 story, the other 3 are single story homes. Pool currently empty and in need of repair, owner may fill it in prior to close. Must See!!

Last Agent to Sell the Property

Tracy Harcourt

Harcourt Realty License #01314373 Listed on: 11/03/2015

Last Buyer's Agent

Ruben Gutierrez

Ruben Gutierrez, Broker License #01125771

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,677

Year Built

  • Built in 1938

Lot Details

  • 0.88 Acre Lot
  • 1 Common Wall
  • Density is 2-5 Units/Acre

Parking

  • 4 Car Garage
  • Parking Available
  • Front Facing Garage
  • Unassigned Parking

Home Design

  • Property Attached
  • Cosmetic Repairs Needed
  • Slab Foundation

Interior Spaces

  • 4,807 Sq Ft Home
  • 1-Story Property
  • Gas Fireplace
  • Family Room with Fireplace
  • Fireplace in Kitchen

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 10 Bedrooms
  • Fireplace in Primary Bedroom
  • 5 Bathrooms
  • Fireplace in Bathroom

Laundry

  • Laundry Room
  • Laundry in Garage
  • Gas Dryer Hookup

Outdoor Features

  • In Ground Pool
  • Outdoor Fireplace
  • Exterior Lighting

Utilities

  • Floor Furnace
  • Conventional Septic

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 501001
  • Assessor Parcel Number 8174006061

Community Details

Overview

  • No Home Owners Association
  • 4 Buildings
  • 4 Units

Building Details

  • 3 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters
  • Insurance Expense $1,400
  • Trash Expense $1,200
  • New Taxes Expense $13,750
  • Gross Income $5,950
  • Net Operating Income $5,950

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,677

Year Built

Built in 1938

Lot Details

0

Parking

4

Listing Details

  • Price Per Unit: 249750
  • Property Attached: Yes
  • Property Condition: Repairs Cosmetic
  • Property Type: Residential Income
  • Parcel Number: 8174006061
  • Year Built: 1938
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Wood
  • Fireplace Features: Bath, Family Room, Gas, Kitchen, Master Bedroom, Outside
  • Levels: One
  • Price Per Square Foot: 200.02

Exterior Features

  • Foundation: Slab
  • Pool Features: In Ground
  • Pool Private: Yes

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Garage Faces Front, Unassigned
  • Total Parking Spaces: 14.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Floor Furnace
  • Laundry Features: Gas Dryer Hookup, Gas & Electric Dryer Hookup, In Garage
  • Sewer: Conventional Septic
  • Trash Expense: 1200.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 38159.00
  • Price Per Lot Square Foot: 25.20
  • Lot Size Acres: 0.8760

Multi Family

  • Gross Income: 5950.00
  • Gross Scheduled Income: 5950.00
  • Insurance Expense: 1400.00
  • Lot Size Area: 38159.0000 Square Feet
  • Net Operating Income: 5950.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number Of Units Leased: 3
  • Number Of Units Total: 4
  • Rent Control: No

Tax Info

  • New Taxes Expense: 13750.00
  • Tax Lot: 1
  • Tax Tract Number: 501001

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 3, 2015
Closed on
Dec 11, 2015
Sold by
Feregrino Maria Socorro
Bought by
Gallegos Miguel A
Seller's Agent
Tracy Harcourt
Harcourt Realty
Buyer's Agent
Ruben Gutierrez
Ruben Gutierrez, Broker
List Price
$999,000
Sold Price
$961,500
Premium/Discount to List
-$37,500
-3.75%
Current Estimated Value
$1,740,054

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$778,554
Avg. Annual Appreciation
6.35%
Original Mortgage
$880,493
Outstanding Balance
$697,280
Interest Rate
3.83%
Mortgage Type
FHA
Estimated Equity
$1,042,774

Purchase Details

Listed on
Nov 3, 2015
Closed on
Nov 9, 2015
Sold by
Nelsen Cecilia and The Edith Giardina Living Trus
Bought by
Gallegos Bulmaro and Gallegos Miguel A
Seller's Agent
Tracy Harcourt
Harcourt Realty
Buyer's Agent
Ruben Gutierrez
Ruben Gutierrez, Broker
List Price
$999,000
Sold Price
$961,500
Premium/Discount to List
-$37,500
-3.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$880,493
Outstanding Balance
$697,280
Interest Rate
3.83%
Mortgage Type
FHA
Estimated Equity
$1,042,774
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Gallegos Miguel A -- Accommodation
Gallegos Bulmaro $961,500 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gallegos Bulmaro $32,358
Open Gallegos Bulmaro $880,493
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/17/2015 12/17/15 Sold $961,500 -3.8% $200 / Sq Ft
11/05/2015 11/05/15 Pending -- -- --
11/03/2015 11/03/15 For Sale $999,000 -- $208 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

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 $14,677 $1,138,213 $710,274 $427,939
2024 $14,677 $1,115,897 $696,348 $419,549
2023 $14,079 $1,094,018 $682,695 $411,323
2022 $13,806 $1,072,567 $669,309 $403,258
2021 $13,519 $1,051,537 $656,186 $395,351
2020 $13,413 $1,040,756 $649,458 $391,298
2019 $13,294 $1,020,350 $636,724 $383,626
2018 $12,807 $1,000,344 $624,240 $376,104
2016 $12,296 $961,500 $600,000 $361,500
2015 $2,788 $141,329 $49,550 $91,779
2014 $2,765 $138,562 $48,580 $89,982
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR15238667

California Regional Multiple Listing Service (CRMLS)

APN: 8174-006-061