NOT LISTED FOR SALE

Estimated Value: $1,314,000 - $1,731,000

10 Beds
8 Baths
4,324 Sq Ft
$340/Sq Ft Est. Value

Last Sold February 20, 2020

Last sale price $1,215,000 $281 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $8,735/month

161 Days on Market

Highlights

  • Traditional Architecture
  • Views
  • Laundry Room
  • Secondary bathroom tub or shower combo
  • Tile Countertops
  • Forced Air Heating System

About This Home

As of February 2020

Great opportunity to own an income property neighboring the Candlewood Golf Course. This spacious 4plex in Whittier includes view of the golf course, drought resistant landscaping, and carport. Tenant enjoy nearly 1000 square feet of living space. Nearby schools include Biola University, Howard J Mckibben Elementary School St Gregory the Great and Walker Academy. With shopping including Target, Walmart, and Starbucks. Plenty of restaurants and many others to choose from. PLEASE DO NOT DISTURB TENANTS. DRIVE BY ONLY

Last Agent to Sell the Property

Joseph Chung

Compass License #01963102 Listed on: 09/06/2019

Last Buyer's Agent

CHRISTINE LIU

Georgetown Realty Company License #01202028

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Lot Details

  • 7,831 Sq Ft Lot
  • Fenced

Home Design

  • Traditional Architecture
  • Stucco Exterior

Interior Spaces

  • 4,324 Sq Ft Home
  • 2-Story Property
  • Vertical Blinds
  • Laundry Room
  • Property Views

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Tile Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 10 Bedrooms
  • Secondary bathroom tub or shower combo
  • Shower Only
  • Shower Only in Secondary Bathroom

Parking

  • 5 Carport Spaces
  • 10 Car Parking Spaces
  • On-Street Parking

Schools

  • Howard Elementary School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Property is located within a water district
  • Central Water Heater

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • The owner pays for trash collection, water
  • Assessor Parcel Number 8030025040

Community Details

Building Details

  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,810
  • Trash Expense $4,320
  • Net Operating Income $37,431

Additional Features

  • 4 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

7,831 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Attached/Detached: No
  • Levels: Two
  • Builders Tract Code: Not in a Development
  • Building Style: Traditional
  • List Price per Sq Ft: 297.87
  • Lp Sp Ratio: 0.9400
  • Water District Name: Orchard Dale
  • Year Built: 1963
  • Internal Listing I D: 20190907053024892119000000
  • Listing I D: 19508248
  • Listing Office Address: 830 N Palm Canyon Dr Ste2, Palm Springs, CA 92262
  • Listing Office Fax: (760) 820-2629
  • List Office Board Code: California Desert Association of Realtors
  • Selling Office Address: 5648 Rosemead Blvd., Temple City, CA 91780
  • Land Type: Fee
  • Subdivision: Not Applicable
  • Unit Information Number Of Units Leased: 4
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: Disposal, Gas Oven, Gas Cooktop
  • Number Of Disposals: 4
  • Number of Ranges: 4
  • Flooring: Carpet, Laminate
  • Total Bedrooms: 10
  • Bathroom Features: Shower Over Tub, Tile Shower, Shower Stall
  • Total Bathrooms: 8.00
  • Full Bathrooms: 4
  • Three Quarter Bathrooms: 4
  • Kitchen Features: Tile Counters
  • Laundry Equipment: Own
  • Laundry: Community, Laundry Area
  • Estimated Sq Ft: 4324.00
  • Windows Treatments: Vertical Blinds

Exterior Features

  • Construction: Stucco
  • View: Yes

Garage/Parking

  • Parking: On Street
  • Parking Info Total Carport Spaces: 5.00
  • Parking Info Total Covered Spaces: 5.00
  • Parking Info Total Parking Spaces: 10.00

Utilities

  • Number Electric Meters: 5
  • Number Water Meters: 1
  • Cooling Type: Wall/Window Unit(s)
  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: In, Connected and Paid
  • Water: Water District
  • Water Heater Feature: Water Heater Central
  • Number Gas Meter: 5
  • Water Heater: Yes
  • Laundry Type: Yes

Lot Info

  • Assessor Parcel Number: 8030025040
  • Lot Description: Fenced
  • Lot Size: 7831.00

Rental Info

  • Owner Pays: Trash Collection, Water
  • Tenant Pays: Cable TV, Electricity, Gas
  • Land Lease Type: Fee Simple

Tax Info

  • Mello Roos: Unknown

Multi Family

  • Total Units: 4

MLS Schools

  • Elementary School: Howard
  • School District: South Whittier

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2019
Closed on
Jan 21, 2020
Sold by
Kwon Hera
Bought by
Wu Wenkai and Liu Christine Chuang Ming
Seller's Agent
Joseph Chung
Compass
Buyer's Agent
CHRISTINE LIU
Georgetown Realty Company
List Price
$1,322,000
Sold Price
$1,215,000
Premium/Discount to List
-$107,000
-8.09%
Current Estimated Value
$1,470,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$255,667
Avg. Annual Appreciation
3.20%
Original Mortgage
$900,000
Outstanding Balance
$795,186
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$675,481

Purchase Details

Closed on
Jan 4, 2008
Sold by
Kwon Hera and Kwon Mary
Bought by
Kwon Hera

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$578,000
Interest Rate
6.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 9, 2006
Sold by
Kwon Hera
Bought by
Kwon Hera and Kwon Mary

Purchase Details

Closed on
Sep 26, 2005
Sold by
Kirk Francis Dale and Kirk Living Family Trust
Bought by
Kwon Hera

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$562,250
Interest Rate
1%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Mar 3, 2004
Sold by
Kirk Francis Dale and Kirk Ellen C
Bought by
Kirk Francis Dale and Kirk Ellen C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$462,000
Interest Rate
5.61%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 5, 2004
Sold by
Kirk Francis Dale and Kirk Ellen C
Bought by
Kirk Francis Dale and Kirk Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$462,000
Interest Rate
5.61%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 3, 2002
Sold by
Kirk Francis Dale and Kirk Ellen C
Bought by
Kirk Francis Dale and Kirk Ellen C
Source: Public Records

Range of Values:

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Value Increase
--
Percent Increase
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Adjusted for Inflation
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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
Wu Wenkai $1,215,000 Lawyers Title Company
Kwon Hera -- Ticor Title Co Glendale
Kwon Mary -- Ticor Title Co Glendale
Kwon Hera -- None Available
Kwon Hera $875,000 --
Kirk Francis Dale -- First American Title Co
Kirk Francis Dale -- --
Kirk Francis Dale -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wu Wenkai $900,000
Previous Owner Kwon Hera $578,000
Previous Owner Kwon Hera $562,250
Previous Owner Kirk Francis Dale $462,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/20/2020 02/20/20 Sold $1,215,000 -5.7% $281 / Sq Ft
09/28/2019 09/28/19 Price Changed $1,288,000 -2.6% $298 / Sq Ft
09/06/2019 09/06/19 For Sale $1,322,000 -- $306 / Sq Ft
Source: California Desert Association of REALTORS®

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 $13,997 $1,101,297 $450,579 $650,718
2024 $13,997 $1,079,704 $441,745 $637,959
2023 $13,228 $1,058,534 $433,084 $625,450
2022 $13,331 $1,037,780 $424,593 $613,187
2021 $13,048 $1,017,432 $416,268 $601,164
2020 $12,827 $999,643 $599,786 $399,857
2019 $12,740 $980,043 $588,026 $392,017
2018 $12,381 $960,828 $576,497 $384,331
2016 $11,769 $923,520 $554,112 $369,408
2015 $11,475 $909,649 $545,789 $363,860
2014 $11,368 $891,831 $535,098 $356,733
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 19508248

California Desert Association of REALTORS®

APN: 8030-025-040

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