NOT LISTED FOR SALE
5 Beds
4 Baths
7,564 Sq Ft
0.28 Acres

Last Sold April 12, 2016

Last sale price $1,910,000 $253 Per Sq Ft

1 Day on Market

About This Home

As of April 2016

The Olympus Knoll Apartments is a nine-unit complex located in South Whittier, California. The property is situated in a
quiet residential neighborhood, just one block to the Candlewood Country Club, and is comprised of one, 1-bedroom / 1-bath,
seven, 2-bedroom / 1-bath units, and one, 2-bedroom / 2-bath plus den unit. Most kitchens have been upgraded with new cabinetry, tile floors, double stainless-steel sinks, gas stoves and refrigerators. Some bathrooms have also been upgraded with granite countertops and tile flooring. This complex offers, two-tone paint schemes, Milgard dual-glaze windows with lifetime guarantees, carports, on-site laundry, and is individual metering for gas and electricity. All roofs have been replaced within the past 5 years and the building features copper plumbing. The property is in an unincorporated area within Los Angeles County known as South Whittier, which allows for a Whittier address. In addition, the subject property is one block from the Candlewood County Club, in a very desirable residential neighborhood. Major employers include, Presbyterian Intercommunity Hospital, Whittier Hospital Medical Center, Whittier Union High School District, Whittier College, USPS, Johnson Controls, and the City
of Whittier.

Last Agent to Sell the Property

Patrick Swanson

Pat Swanson License #01382974 Listed on: 02/14/2016

Last Buyer's Agent

Patrick Swanson

Pat Swanson License #01382974 Listed on: 02/14/2016

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1965

Lot Details

  • 0.28 Acre Lot
  • 1 Common Wall
  • Corner Lot

Home Design

  • 7,564 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Parking

  • 28 Parking Spaces
  • 13 Carport Spaces

Outdoor Features

  • Rain Gutters

Listing and Financial Details

  • Tax Lot A
  • Tax Tract Number 3014
  • Assessor Parcel Number 8029033046

Community Details

Overview

  • No Home Owners Association
  • 9 Units

Building Details

  • 9 Leased Units
  • 10 Separate Electric Meters
  • 10 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $11,890
  • Net Operating Income $92,083

Property Details

Home Type

Multi-Family

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Property Type: Residential Income
  • Parcel Number: 8029033046
  • Year Built: 1965
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 252.51

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 13.00
  • Total Parking Spaces: 28.00

Utilities

  • Utilities: Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Gutters, Sidewalks

Lot Info

  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 12314.00
  • Price Per Lot Square Foot: 155.11
  • Lot Size Acres: 0.2830

Multi Family

  • Gross Income: 11890.00
  • Gross Scheduled Income: 143580.00
  • Lot Size Area: 12314.0000 Square Feet
  • Net Operating Income: 92083.00
  • Number Of Separate Electric Meters: 10
  • Number Of Separate Gas Meters: 10
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 9
  • Number Of Units Total: 9
  • Operating Expense: 47253.00
  • Rent Control: No
  • Total Actual Rent: 11255.00

Tax Info

  • Tax Lot: A
  • Tax Tract Number: 3014

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 Change Sq Ft Price
04/12/2016 04/12/16 Sold $1,910,000 -1.5% $253 / Sq Ft
02/15/2016 02/15/16 Pending -- -- --
02/14/2016 02/14/16 For Sale $1,940,000 -- $256 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC16031044

California Regional Multiple Listing Service (CRMLS)