NOT LISTED FOR SALE

11013 Inez St Whittier, CA 90605

South Whittier Neighborhood

Estimated Value: $1,161,000 - $1,621,000

6 Beds
4 Baths
3,172 Sq Ft
$438/Sq Ft Est. Value

Last Sold January 30, 2019

Last sale price $943,000 $297 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $8,417/month

21 Days on Market

Highlights

  • 21,399 Sq Ft lot
  • Den
  • Central Heating
  • California High School Rated A-
  • Detached Carport Space
  • Carpet

About This Home

As of January 2019

We are offering an opportunity to own 3 detached single family homes on a nearly 1/2 acre lot with stable and growing rents, next to Candlewood Country Club and close to Biola University, shopping centers, transportation hubs, and freeways in Whittier. This investment property has been owned by the same family for over 50 years and consists of a 2 bed, 2 bath house with 3 additional dens. (approx. 1,364 sf), a 2 bed, 1 bath house (approx. 904 sf) and another 2 bed, 1 bath house (approx. 904 sf). The front and middle homes have remodeled kitchens, bathrooms and floors and there have been multiple other improvements throughout the years. Costs are low and rents are low with upside value opportunity. Proforma rents can add $12,600 per year in income. Walking distance to Target, In-N-Out, LA Fitness, and various restaurants.

Last Agent to Sell the Property

Ryan Law

SHAPE License #01489577 Listed on: 11/16/2018

Last Buyer's Agent

Ed Rios

Own It Now Realty License #01771878

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,363

Year Built

  • Built in 1928

Lot Details

  • 0.49 Acre Lot
  • Lot Dimensions are 67x322

Home Design

  • Triplex

Interior Spaces

  • 3,172 Sq Ft Home
  • 1-Story Property
  • Gas Fireplace
  • Den
  • Fire and Smoke Detector
  • Oven or Range
  • Laundry in unit

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Parking

  • 1 Car Garage
  • Detached Carport Space

Utilities

  • Central Heating
  • Heating System Uses Natural Gas
  • Heating System Mounted To A Wall or Window

Community Details

  • 3 Buildings
  • 3 Units

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • The owner pays for gardener, water
  • Assessor Parcel Number 8029-017-029

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,363

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Living Area: 3172
  • Lot Dimensions: 67x322
  • Manager Expense: 2400.00
  • Probate: No
  • Stories: 1
  • Year Built: 1928
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace Rooms: Gas
  • Flooring: Carpet, Vinyl
  • Bedrooms: 6
  • Laundry: In Unit
  • Total Bathrooms: 4.00
  • Equipment: Range/Oven, Refrigerator
  • Price Per S Q F T: 329.45

Exterior Features

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

Garage/Parking

  • Parking Garage: Carport Detached, Garage - 1 Car
  • Total Parking: 8

Utilities

  • Heating: Central, Natural Gas, Wall, Wall Gas
  • Security: Smoke Detector
  • Water Expense: 3472.00

Fee Information

  • Insurance Expense: 1501.00
  • Maintenance Expense: 2825.00

Lot Info

  • Assessed Improvement Value: 224083
  • Assessed Land Value: 118405
  • Assessor Parcel Number: 8029-017-029
  • Geocode Override: No
  • Lot Size Area: 21399

Rental Info

  • Owner Pays: Gardener, Water
  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 13.50
  • Number Of Units: 3
  • Type Of Units: Triplex

Tax Info

  • Private Transfer Taxes: Yes
  • Tax Expense: 13063.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 16, 2018
Closed on
Dec 17, 2018
Sold by
Law Fred H and Law Lydia
Bought by
Inez Green Llc
Seller's Agent
Ryan Law
SHAPE
Buyer's Agent
Ed Rios
Own It Now Realty
List Price
$1,045,000
Sold Price
$943,000
Premium/Discount to List
-$102,000
-9.76%
Current Estimated Value
$1,388,443

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$445,443
Avg. Annual Appreciation
5.87%

Purchase Details

Closed on
Apr 7, 2004
Sold by
Law Fred H and Law Lydia
Bought by
Law Fred H and Law Lydia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
5.57%
Mortgage Type
New Conventional
Source: Public Records

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

Purchase History

Date Buyer Sale Price Title Company
Inez Green Llc $943,000 First American Title Company
Law Fred H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Law Fred H $180,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/30/2019 01/30/19 Sold $943,000 -9.8% $297 / Sq Ft
12/07/2018 12/07/18 Pending -- -- --
11/16/2018 11/16/18 For Sale $1,045,000 -- $329 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

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 $13,363 $1,051,930 $725,085 $326,845
2024 $13,363 $1,031,305 $710,868 $320,437
2023 $12,701 $1,011,084 $696,930 $314,154
2022 $12,801 $991,260 $683,265 $307,995
2021 $12,540 $971,824 $669,868 $301,956
2020 $12,410 $961,860 $663,000 $298,860
2019 $5,473 $356,323 $123,188 $233,135
2018 $5,076 $349,337 $120,773 $228,564
2016 $4,815 $335,774 $116,084 $219,690
2015 $4,703 $330,732 $114,341 $216,391
2014 $4,679 $324,255 $112,102 $212,153
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2019

    Ryan Law

    SHAPE

    Section Image

  • E

    Buyer's Agent in 2019

    Ed Rios

    Own It Now Realty

See All Agents

Map

Source: The MLS

MLS Number: 18-406732

The MLS

APN: 8029-017-029

California Los Angeles County Whittier 90605 South Whittier

11013 Inez St, Whittier, CA

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