NOT LISTED FOR SALE

10716 Shire Place Whittier, CA 90601

West Whittier Neighborhood
9 Beds
5 Baths
7,798 Sq Ft
0.26 Acres

Last Sold June 14, 2012

Last sale price $1,055,000 $135 Per Sq Ft

6 Days on Market

Highlights

  • Contemporary Architecture
  • No HOA
  • Cooling System Mounted To A Wall/Window
  • Lawn
  • Cul-De-Sac
  • Laundry Room

About This Home

As of June 2012

Great opportunity to own 8 units plus one non-conforming unit in Whittier at the end of cul-de-sac. Extra large lot with well maintained lawn. Easy to access to freeway and shopping. Property has 7 two-bedroom units, one studio and a three-bedroom unit. The two and three bedroom units have a full bath (a tub and a separate enclosed shower). Some hardwood floor and tile floor. Property amenities include onsite laundry facility and six assigned covered parking spaces with storage area plus 3 assigned outdoor spaces. All units are individually metered for gas and electric with individual gas water heaters in each unit. Landlord is responsible for water and trash. (water & trash are in one bill). Newer roof. most of the units have been renovated recently.PLEASE DO NOT CONTACT TENANTS. DRIVE BY ONLY.

Last Agent to Sell the Property

Diana Hsueh

Homequest Real Estate License #00936779 Listed on: 05/01/2012

Homequest Real Estate

Last Buyer's Agent

Charles Moh

Wetrust Realty License #00957283

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1957

Lot Details

  • 0.26 Acre Lot
  • Cul-De-Sac
  • Sprinkler System
  • Lawn

Home Design

  • Contemporary Architecture
  • Frame Construction
  • Composition Roof
  • Stucco

Interior Spaces

  • 7,798 Sq Ft Home
  • Blinds
  • Carpet

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 5 Bathrooms

Laundry

  • Laundry Room
  • Leased Washer and Dryer

Parking

  • 12 Parking Spaces
  • 6 Carport Spaces

Outdoor Features

  • Rain Gutters

Utilities

  • Cooling System Mounted To A Wall/Window
  • Floor Furnace

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 6
  • Tax Tract Number 19097
  • Assessor Parcel Number 8129030006

Community Details

Overview

  • No Home Owners Association
  • 9 Units

Amenities

  • Laundry Facilities

Building Details

  • 8 Leased Units
  • 9 Separate Electric Meters
  • 9 Separate Gas Meters
  • 9 Separate Water Meters
  • Electric Expense $990
  • Gardener Expense $1,350
  • Insurance Expense $3,211
  • Other Expense $582
  • Professional Management Expense $6,300
  • Trash Expense $4,980
  • New Taxes Expense $14,960
  • Gross Income $8,930
  • Net Operating Income $75,720

Property Details

Home Type

Multi-Family

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Assessments: Yes
  • CapRate: 7.00
  • Professional Management Expense: 6300.00
  • View: No
  • Architectural Style: Contemporary
  • Property Type: Residential Income
  • Gardener Expense: 1350.00
  • Parcel Number: 8129030006
  • Year Built: 1957
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet
  • Levels: Two
  • Price Per Square Foot: 135.29
  • Window Features: Blinds

Exterior Features

  • Exterior Features: Rain Gutters
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Frame, Stucco

Garage/Parking

  • Carport Spaces: 6.00
  • Total Parking Spaces: 12.00

Utilities

  • Utilities: Electricity Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Floor Furnace
  • Laundry Features: Community, Individual Room
  • Trash Expense: 4980.00
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Lot Features: Cul-De-Sac, Lawn, Sprinkler System
  • Lot Size Sq Ft: 11486.00
  • Lot Size Acres: 0.2640

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Electric Expense: 990.00
  • Gross Income: 8930.00
  • Gross Multiplier: 10.30
  • Gross Scheduled Income: 107160.00
  • Insurance Expense: 3211.00
  • Laundry Equipment Own Lease: Lease
  • Lot Size Area: 11486.0000 Square Feet
  • Net Operating Income: 75720.00
  • Number Of Separate Electric Meters: 9
  • Number Of Separate Gas Meters: 9
  • Number Of Separate Water Meters: 9
  • Number Of Units Leased: 8
  • Number Of Units Total: 9
  • Number With Range: 9
  • Operating Expense: 33200.00
  • Other Expense: 582.00
  • Other Expense Description: W/D rent
  • Rent Control: No
  • Total Actual Rent: 8930.00
  • Vacancy Allowance Rate: 5.00

Tax Info

  • New Taxes Expense: 14960.00
  • Tax Lot: 6
  • Tax Tract Number: 19097
  • Tax Year: 2011

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/14/2012 06/14/12 Sold $1,055,000 -4.1% $135 / Sq Ft
05/07/2012 05/07/12 Pending -- -- --
05/01/2012 05/01/12 For Sale $1,100,000 -- $141 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Diana Hsueh

    Seller's Agent in 2012

    Diana Hsueh

    Homequest Real Estate

    (951) 265-9989

    39 Total Sales

    Diana Hsueh
    Section Image

  • C

    Buyer's Agent in 2012

    Charles Moh

    Wetrust Realty

    (626) 888-9808

    19 Total Sales

    Charles Moh
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: H12055886

California Regional Multiple Listing Service (CRMLS)
California Los Angeles County Whittier 90601 West Whittier

10716 Shire Place, Whittier, CA

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California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

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. Properties may or may not be listed by the office/agent presenting the information

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