NOT LISTED FOR SALE

Estimated Value: $763,000 - $843,117

3 Beds
2 Baths
1,568 Sq Ft
$516/Sq Ft Est. Value

Last Sold December 20, 2019

Last sale price $525,000 $335 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $5,032/month

24 Days on Market

About This Home

As of December 2019

Welcome to the city of Whittier! Offering a great investment with great potential. This property offers 2 units with great income potential. Front unit is a 2 bedroom 1 bath home and second unit is also a 2 bed 1 bath (Title only shows 1 bedroom, buyer's to do their due diligence). Property is located in south Whittier minutes from schools, transportation, access to the freeway and shopping. Great opportunity for owner occupied or as an investment.

Last Agent to Sell the Property

Luis Fajardo

Century 21 Masters License #01813370 Listed on: 09/11/2019

Century 21 Masters

Last Buyer's Agent

Hani Awad

Embassy Financial Group Inc. License #01754357

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,449

Year Built

  • Built in 1931

Lot Details

  • 6,749 Sq Ft Lot
  • No Common Walls
  • Private Yard

Parking

  • 3 Open Parking Spaces
  • 1 Car Garage

Home Design

  • 1,568 Sq Ft Home
  • Duplex

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Listing and Financial Details

  • Tax Lot 39
  • Tax Tract Number 6192
  • Assessor Parcel Number 8178031031

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Electric Expense $1,200
  • Insurance Expense $900
  • Trash Expense $600
  • Water Sewer Expense $2,000
  • Operating Expense $4,700
  • Gross Income $14,400
  • Net Operating Income $9,700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,449

Year Built

Built in 1931

Lot Details

0

Parking

1

Listing Details

  • Other Phone Description: Direct
  • Other Phone Number: 562-204-6907
  • Property Attached: No
  • Water Sewer Expenses: 2000.00
  • Zoning: WHR2YY
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 8178031031
  • Year Built: 1931
  • Special Features: None

Interior Features

  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 334.82

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 3.00

Utilities

  • Laundry: Yes
  • Laundry Features: Gas Dryer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 600.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Yard
  • Lot Size Sq Ft: 6749.00
  • Lot Size Acres: 0.1549

Multi Family

  • Electric Expense: 1200.00
  • Gross Income: 14400.00
  • Gross Scheduled Income: 14400.00
  • Insurance Expense: 900.00
  • Lot Size Area: 6749.0000 Square Feet
  • Net Operating Income: 9700.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 4700.00
  • Rent Control: No
  • Total Expenses: 4700.00

Tax Info

  • Tax Census Tract: 5023.01
  • Tax Lot: 39
  • Tax Tract Number: 6192

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 11, 2019
Closed on
Jan 23, 2020
Sold by
Esakkinathan Balamurugan and Peachimuthu Sarala
Bought by
Esakkinathan Balamurugan and Peachimuthu Sarala
Seller's Agent
Luis Fajardo
Century 21 Masters
Buyer's Agent
Hani Awad
Embassy Financial Group Inc.
List Price
$550,000
Sold Price
$525,000
Premium/Discount to List
-$25,000
-4.55%
Current Estimated Value
$809,529

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$284,529
Avg. Annual Appreciation
7.96%

Purchase Details

Closed on
Oct 15, 2019
Sold by
Lopez Thomas
Bought by
Esakkinathan Balamurugan and Peachimuthu Sarala

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$393,750
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 10, 2010
Sold by
Lopez Tomas
Bought by
Lopez Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,600
Interest Rate
4.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 3, 2002
Sold by
Lopez Tomas and Lopez Thomas
Bought by
Lopez Tomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,000
Interest Rate
6.89%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 29, 1999
Sold by
Lopez Esther
Bought by
Valdivia Thomas Lopez

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,800
Interest Rate
7.68%

Purchase Details

Closed on
Dec 3, 1999
Sold by
Morales Gilbert and Morales Kathryn L
Bought by
Lopez Thomas and Valdivia Thomas Lopez

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,800
Interest Rate
7.68%

Purchase Details

Closed on
Sep 27, 1993
Sold by
Morales Gilbert and Morales Kathryn L
Bought by
Morales Gilbert and Morales Kathryn L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
7.13%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Esakkinathan Balamurugan -- None Available
Esakkinathan Balamurugan $540,000 Chicago Title Company
Lopez Thomas -- Westminster Title Co Inc
Lopez Tomas -- American Title Co
Valdivia Thomas Lopez -- Orange Coast Title
Lopez Thomas -- Orange Coast Title
Lopez Thomas $140,000 Orange Coast Title
Morales Gilbert -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Esakkinathan Balamurugan $487,500
Closed Esakkinathan Balamurugan $388,000
Previous Owner Esakkinathan Balamurugan $393,750
Previous Owner Lopez Thomas $227,600
Previous Owner Lopez Thomas $228,000
Previous Owner Lopez Tomas $180,000
Previous Owner Lopez Tomas $145,000
Previous Owner Lopez Thomas $135,800
Previous Owner Morales Gilbert $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2019 12/20/19 Sold $525,000 -4.5% $335 / Sq Ft
10/05/2019 10/05/19 Pending -- -- --
09/11/2019 09/11/19 For Sale $550,000 -- $351 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $7,449 $590,564 $413,396 $177,168
2024 $7,449 $578,986 $405,291 $173,695
2023 $7,156 $567,635 $397,345 $170,290
2022 $7,029 $556,505 $389,554 $166,951
2021 $6,869 $545,594 $381,916 $163,678
2020 $6,859 $540,000 $378,000 $162,000
2019 $3,552 $253,363 $131,406 $121,957
2018 $3,397 $248,396 $128,830 $119,566
2016 $3,258 $238,752 $123,828 $114,924
2015 $3,207 $235,166 $121,968 $113,198
2014 $3,058 $230,560 $119,579 $110,981
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW19217225

California Regional Multiple Listing Service (CRMLS)

APN: 8178-031-031