$3,500,000
SOLD JUN 12, 2025

10742 Shire Place Whittier, CA 90601

West Whittier Neighborhood
3 Beds
3 Baths
12,734 Sq Ft
0.49 Acres

Recently Sold

$275 Per Sq Ft

20 Days on Market

Highlights

  • 0.49 Acre Lot
  • Corner Lot
  • Laundry Room

About This Home

As of June 2025

The Shire Place Apartments offer an investor the opportunity to acquire 16 units in the affluent rental market of Uptown Whittier. The property offers an appealing unit mix of large 1-bedroom/1-bath and 2-bedroom/1.5-bath units surrounding a large grass common area courtyard. Residents enjoy plenty of garage and open parking, air conditioning and access to two on-site laundry rooms.The city of Whittier has become a dynamic, thriving community, and multifamily owners have benefitted from rapidly increasing rents as demand far outpaces supply. Aside from enjoying everything the city has to offer with its impressive urban renewal, tenants have quick and easy access to all Los Angeles area freeways and employment centers.

Last Agent to Sell the Property

Doug Rodermund

Morgan Skenderian Brokerage Email: dsr@morganskenderian.com License #01314304 Listed on: 03/27/2025

Last Buyer's Agent

Doug Rodermund

Morgan Skenderian Brokerage Email: dsr@morganskenderian.com License #01314304 Listed on: 03/27/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $39,245

Year Built

  • Built in 1960

Lot Details

  • 0.49 Acre Lot
  • 1 Common Wall
  • Corner Lot

Parking

  • 11 Open Parking Spaces
  • 16 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Apartment

Interior Spaces

  • 12,734 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Leased Washer and Dryer

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Listing and Financial Details

  • Tax Lot 10
  • Tax Tract Number 19097
  • Assessor Parcel Number 8129030032
  • $5,479 per year additional tax assessments

Community Details

Overview

  • 3 Buildings
  • 16 Units

Amenities

  • Laundry Facilities

Building Details

  • Rent Control
  • 18 Separate Electric Meters
  • 18 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $6,198
  • Fuel Expense $6,198
  • Gardener Expense $1,800
  • Insurance Expense $3,862
  • Maintenance Expense $6,091
  • Other Expense $883
  • Pest Control $1,149
  • Trash Expense $6,198
  • Water Sewer Expense $6,198
  • New Taxes Expense $43,379
  • Operating Expense $88,103
  • Gross Income $3,000
  • Net Operating Income $205,504

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$39,245

Year Built

Built in 1960

Lot Details

0

Parking

16

Listing Details

  • Assessments: Yes
  • CapRate: 5.90
  • Price Per Unit: 218750
  • Property Attached: Yes
  • Water Sewer Expenses: 6198.00
  • Zoning: WHR4*
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Gardener Expense: 1800.00
  • Parcel Number: 8129030032
  • Year Built: 1960
  • Special Features: None

Interior Features

  • Stories: 2
  • Entry Location: 1
  • Common Walls: 1 Common Wall
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 274.85

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 16.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 27.00
  • Uncovered Spaces: 11.00

Utilities

  • Laundry: Yes
  • Laundry Features: Community
  • Pest Control Expense: 1149.00
  • Sewer: Public Sewer
  • Trash Expense: 6198.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Curbs, Gutters, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 21454.00
  • Lot Size Acres: 0.4925

Multi Family

  • Electric Expense: 6198.00
  • Fuel Expense: 6198.00
  • Gross Income: 3000.00
  • Gross Multiplier: 11.56
  • Gross Operating Income: 293607.00
  • Gross Scheduled Income: 302688.00
  • Insurance Expense: 3862.00
  • Laundry Equipment Own Lease: Lease
  • Laundry Income: 3000.00
  • Lot Size Area: 21454.0000 Square Feet
  • Maintenance Expense: 6091.00
  • Net Operating Income: 205504.00
  • Number Of Separate Electric Meters: 18
  • Number Of Separate Gas Meters: 18
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 16
  • Operating Expense: 88103.00
  • Other Expense: 883.00
  • Other Expense Description: misc
  • Rent Control: Yes
  • Total Actual Rent: 24974.00
  • Total Expenses: 88103.00
  • Vacancy Allowance: 9080

Tax Info

  • New Taxes Expense: 43379.00
  • Tax Census Tract: 5012.00
  • Tax Lot: 10
  • Tax Tract Number: 19097
  • Tax Annual Amount: 39245.00
  • TaxOtherAnnualAssessmentAmount: 5479.00

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 Change Sq Ft Price
06/12/2025 06/12/25 Sold $3,500,000 0.0% $275 / Sq Ft
04/16/2025 04/16/25 Pending -- -- --
03/27/2025 03/27/25 For Sale $3,500,000 -- $275 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2025

    Doug Rodermund

    Morgan Skenderian

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW25067246

California Regional Multiple Listing Service (CRMLS)

California Los Angeles County Whittier 90601 West Whittier

10742 Shire Place, Whittier, CA

This home is located at 10742 Shire Place, Whittier, CA 90601 and is currently priced at $3,500,000, approximately $274 per square foot. This property was built in 1960. 10742 Shire Place is a home located in Los Angeles County with nearby schools including Orange Grove Elementary School, Walter F. Dexter Middle School, and Whittier High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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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