NOT LISTED FOR SALE

Estimated Value: $1,167,000 - $1,603,180

7 Beds
5 Baths
2,785 Sq Ft
$515/Sq Ft Est. Value

Last Sold November 23, 2022

Last sale price $1,359,000 $488 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $9,087/month

38 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • Turnkey
  • California High School Rated A-
  • Central Heating and Cooling System
  • Paved or Partially Paved Lot

About This Home

As of November 2022

** INVESTORS DREAM ** 7% CAP RATE ** Presenting a one of a kind newly constructed 3 unit Whittier compound. All units are separately metered, have 3 separate addresses and come with single car garages/storage. This property is TURNKEY! Each unit features: Brand new Vinyl & tile flooring throughout, New kitchen cabinets with quartz countertops & stainless steel appliances(included with the sale), inside laundry room/areas. Not to mention all new electric, plumbing, roof, windows etc.! The original structure is a 3 bedroom 2 bathroom, Unit 2 is a 1 bedroom 1 bathroom (JR ADU) with its own full kitchen and inside laundry area, Unit 3 is a detached (ADU) 3 bedroom 2 bathrooms with 12 foot high ceiling, separate laundry room, and comes with a fully paid for solar panels! This property has plenty of onsite parking aside from the garages and completely low maintenance. Operating expenses are ZERO on this property. Property is ready to go and just waiting to be occupied. Bring your investors and don't miss out on this amazing opportunity!

Last Agent to Sell the Property

Nick Mauro

Realty Executives Com. & Res. License #01875027 Listed on: 09/10/2022

Realty Executives Com. & Res.

Last Buyer's Agent

Maria Silva

Gray Realty Advisors License #01275112

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2022

Lot Details

  • 9,597 Sq Ft Lot
  • 1 Common Wall
  • Paved or Partially Paved Lot

Parking

  • 3 Car Garage
  • Parking Available

Home Design

  • Triplex
  • Turnkey

Interior Spaces

  • 2,785 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 5 Bathrooms

Additional Features

  • Suburban Location
  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for all utilities
  • Tax Lot 154
  • Tax Tract Number 13450
  • Assessor Parcel Number 8029031030

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters
  • Gross Income $96,000
  • Net Operating Income $96,000

Property Details

Home Type

Multi-Family

Year Built

Built in 2022

Lot Details

0

Parking

3

Listing Details

  • CapRate: 7.00
  • Inclusions: Stove, refrigerator, microwave, dishwasher
  • Property Attached: Yes
  • View: No
  • Zoning: LCR1YY
  • Property Condition: Turnkey
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 8029031030
  • Year Built: 2022
  • Special Features: NewHome

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Levels: One
  • Price Per Square Foot: 487.97

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Covered
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Land Lease: No
  • Lot Features: Paved, Rocks
  • Lot Size Sq Ft: 9597.00
  • Lot Size Acres: 0.2203

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Gross Income: 96000.00
  • Gross Scheduled Income: 96000.00
  • Lot Size Area: 9597.0000 Square Feet
  • Net Operating Income: 96000.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3
  • Number Of Units Total: 3
  • Number With Dishwasher: 3
  • Number With Range: 3
  • Number With Refrigerator: 3
  • Rent Control: No

Tax Info

  • Tax Census Tract: 5031.03
  • Tax Lot: 154
  • Tax Tract Number: 13450

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2022
Closed on
Oct 20, 2022
Sold by
Consolida Giuseppe and Consolida Angela
Bought by
Nadal Estates Llc
Seller's Agent
Nick Mauro
Realty Executives Com. & Res.
Buyer's Agent
Maria Silva
Gray Realty Advisors
List Price
$13,990,000
Sold Price
$1,359,000
Premium/Discount to List
-$12,631,000
-90.29%
Views
61
Current Estimated Value
$1,483,864

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$124,864
Avg. Annual Appreciation
1.66%

Purchase Details

Closed on
Mar 17, 2015
Sold by
Ramirez Olegario
Bought by
Marquez Christian and Marquez Silvia Enrestina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,991
Interest Rate
3.76%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 12, 2001
Sold by
Ramirez Olegario and Lucatero Jose
Bought by
Ramirez Olegario

Purchase Details

Closed on
Dec 5, 2000
Sold by
Mermis Margarita and Estate Of Charles H Aranda
Bought by
Ramirez Olegario and Lucatero Jose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,400
Interest Rate
7.66%

Purchase Details

Closed on
Oct 27, 2000
Sold by
Mendoza Mauricia Camacho
Bought by
Ramirez Olegario

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,400
Interest Rate
7.66%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
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
Nadal Estates Llc $1,359,000 Stewart Title
Marquez Christian $372,500 Fidelity
Ramirez Olegario -- --
Ramirez Olegario $173,000 First American Title Co
Ramirez Olegario -- First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Marquez Christian $359,991
Previous Owner Ramirez Olegario $164,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/23/2022 11/23/22 Sold $1,359,000 0.0% $488 / Sq Ft
10/18/2022 10/18/22 Pending -- -- --
10/07/2022 10/07/22 Price Changed $1,359,000 -90.3% $488 / Sq Ft
09/10/2022 09/10/22 For Sale $13,990,000 +2193.4% $5,023 / Sq Ft
04/30/2021 04/30/21 Sold $610,000 +1.8% $613 / Sq Ft View Prior Sale
04/01/2021 04/01/21 For Sale $599,000 -- $602 / Sq Ft
03/31/2021 03/31/21 Pending -- -- --
Source: California Regional Multiple Listing Service (CRMLS)

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 $16,582 $1,413,903 $853,128 $560,775
2024 $16,582 $1,386,180 $836,400 $549,780
2023 $16,044 $1,359,000 $820,000 $539,000
2022 $7,867 $622,200 $497,760 $124,440
2021 $5,443 $413,589 $330,873 $82,716
2020 $5,350 $409,349 $327,481 $81,868
2019 $5,314 $401,323 $321,060 $80,263
2018 $5,062 $393,455 $314,765 $78,690
2016 $4,819 $378,180 $302,544 $75,636
2015 $3,083 $231,358 $178,944 $52,414
2014 $3,059 $226,827 $175,439 $51,388
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW22198830

California Regional Multiple Listing Service (CRMLS)

APN: 8029-031-030

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