NOT LISTED FOR SALE

10729 Shire Place Whittier, CA 90601

West Whittier Neighborhood
9 Beds
8 Baths
6,766 Sq Ft
10,735 Sq Ft Lot

Last Sold October 05, 2018

Last sale price $1,965,000 $290 Per Sq Ft

48 Days on Market

Highlights

  • Home Office
  • Air Conditioning
  • Central Heating
  • 2 Car Attached Garage
  • Parking Storage or Cabinetry
  • Utility Room

About This Home

As of October 2018

We are offering an opportunity to own 7 spacious apartments with stable and growing rents, close to shopping centers, transportation hubs, and freeways in Whittier. The Shire Place Apartments are located on a cul-de-sac and consist of (4) 1 bed, 1 bath units, (2) 2 bed, 1 bath units, and a very large 2 bed (1 bed permitted), 2 bath custom owner's unit. The building was completely renovated in 2005 and a new roof was put on in 2014. Whittier College and Rio Hondo Community College proximity make this a great student housing opportunity. Costs are low and rents are low with upside value opportunity. Rents can be brought up to market now to add an additional $10,000 annual income. Units 3 and 4 are the only two on a year lease until March 2019. All other units are month to month.

Last Agent to Sell the Property

Ryan Law

SHAPE License #01489577 Listed on: 07/10/2018

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1959

Lot Details

  • 10,735 Sq Ft Lot
  • Lot Dimensions are 62x171
  • Gated Home

Interior Spaces

  • 6,766 Sq Ft Home
  • 2-Story Property
  • Home Office
  • Utility Room
  • Fire and Smoke Detector

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 8 Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Parking Storage or Cabinetry

Utilities

  • Air Conditioning
  • Window Unit Cooling System
  • Central Heating
  • Heating System Uses Natural Gas
  • Heating System Mounted To A Wall or Window

Community Details

  • 7 Units

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 8129-030-003

Property Details

Home Type

Multi-Family

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Living Area: 6766
  • Lot Dimensions: 62x171
  • Probate: No
  • Stories: 2
  • Year Built: 1959
  • Number Of Photos: 8
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 9
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 8.00
  • Den: 0
  • Equipment: Dishwasher, Dryer, Garbage Disposal, Hood Fan, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 294.86

Exterior Features

  • Tennis Court Y/N: No
  • Construction: Frame and Stucco
  • Pool: No
  • Spa Yn: No
  • View: No

Garage/Parking

  • Parking Garage: Built-In Storage, Garage - 2 Car, Garage Is Attached
  • Total Parking: 10

Utilities

  • Cooling: Air Conditioning, Window Unit(s)
  • Heating: Central, Natural Gas, Wall, Wall Gas
  • Security: Gated, Smoke Detector
  • Water Expense: 6756.00

Condo/Co-op/Association

  • Professional Management: 9240.00

Fee Information

  • Insurance Expense: 2782.00
  • Maintenance Expense: 2820.00

Lot Info

  • Assessed Improvement Value: 122385
  • Assessed Land Value: 46363
  • Assessor Parcel Number: 8129-030-003
  • Geocode Override: No
  • Lot Size Area: 10735

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111, 2112
  • Gross Rent Multiplier: 17.00
  • Number Of Units: 7
  • Total Annual Expense: 49417
  • Type Of Units: Apartments
  • Vacancy Rate: 2%

Tax Info

  • Private Transfer Taxes: Yes
  • Tax Expense: 24938.00

Range of Values:

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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

Property History

Date Event Price List to Sale Price per Sq Ft
10/05/2018 10/05/18 Sold $1,965,000 -1.5% $290 / Sq Ft
08/27/2018 08/27/18 Pending -- -- --
07/10/2018 07/10/18 For Sale $1,995,000 -- $295 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2018

    Ryan Law

    SHAPE

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Map

Source: The MLS

MLS Number: 18-363374

The MLS
California Los Angeles County Whittier 90601 West Whittier

10729 Shire Place, Whittier, CA

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