NOT LISTED FOR SALE

11616 Valley View Ave Whittier, CA 90604

South Whittier Neighborhood

Estimated Value: $1,424,000 - $1,994,000

12 Beds
12 Baths
5,120 Sq Ft
$336/Sq Ft Est. Value

Last Sold April 09, 2019

Last sale price $1,316,000 $257 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $10,606/month

9 Days on Market

Highlights

  • Craftsman Architecture
  • No HOA
  • Tile Flooring
  • California High School Rated A-
  • Laundry Room
  • Central Heating and Cooling System

About This Home

As of April 2019

Incredible opportunity on this very spacious Fourplex in Whittier. All units are very large with 1,275 sqft with 3 bedrooms and 2.5 baths and 2 car garage attached. Each unit has been built on top of the garage and laundry room is in the garage. Large driveway could accommodate for extra parking in front of each garage. Great design for this great income producing property. All units have been rented for a long time and one is occupied by the onsite manager.

Last Agent to Sell the Property

Paula Aragone

First Team Real Estate License #01364746 Listed on: 02/20/2019

First Team Real Estate

Last Buyer's Agent

Paula Aragone

First Team Real Estate License #01364746 Listed on: 02/20/2019

First Team Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,156

Year Built

  • Built in 1992

Lot Details

  • 7,380 Sq Ft Lot
  • Two or More Common Walls
  • Level Lot
  • Density is up to 1 Unit/Acre

Parking

  • 4 Open Parking Spaces
  • 8 Car Garage

Home Design

  • 5,120 Sq Ft Home
  • Craftsman Architecture
  • Quadruplex

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 12 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Additional Features

  • Gas Cooktop
  • Exterior Lighting
  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, trash collection, water
  • Tax Lot 13
  • Tax Tract Number 14868
  • Assessor Parcel Number 8030004061

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 4 Leased Units
  • 5 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $540
  • Insurance Expense $2,300
  • Trash Expense $3,096
  • Water Sewer Expense $1,620
  • New Taxes Expense $15,000
  • Operating Expense $7,556
  • Net Operating Income $63,544

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,156

Year Built

Built in 1992

Lot Details

0

Parking

8

Listing Details

  • Property Attached: Yes
  • Road Frontage Type: City Street
  • View: No
  • Water Sewer Expenses: 1620.00
  • Architectural Style: Craftsman
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 8030004061
  • Year Built: 1992
  • Special Features: None

Interior Features

  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 257.03

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 8.00
  • Total Parking Spaces: 12.00
  • Uncovered Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Cooktop
  • Heating Type: Central
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Trash Expense: 3096.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Level with Street
  • Lot Size Sq Ft: 7380.00
  • Lot Size Acres: 0.1694

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Trash Collection, Water

Multi Family

  • Electric Expense: 540.00
  • Gross Scheduled Income: 71100.00
  • Insurance Expense: 2300.00
  • Lot Size Area: 7380.0000 Square Feet
  • Net Operating Income: 63544.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Number With Dishwasher: 4
  • Number With Range: 4
  • Operating Expense: 7556.00
  • Rent Control: No
  • Total Actual Rent: 5925.00
  • Total Expenses: 7556.00

Tax Info

  • New Taxes Expense: 15000.00
  • Tax Lot: 13
  • Tax Tract Number: 14868

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 20, 2019
Closed on
Mar 11, 2019
Sold by
Braucksiek John and The Carl D Braucksiek Family T
Bought by
Jeta Ventures Llc
Seller's Agent
Paula Aragone
First Team Real Estate
Buyer's Agent
Paula Aragone
First Team Real Estate
List Price
$1,350,000
Sold Price
$1,316,000
Premium/Discount to List
-$34,000
-2.52%
Current Estimated Value
$1,720,086

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$404,086
Avg. Annual Appreciation
4.21%

Purchase Details

Closed on
May 2, 2016
Sold by
Braucksiek Carl D
Bought by
Braucksiek Carl D and The Carl D Braucksiek Family Trust

Purchase Details

Closed on
Nov 2, 2001
Sold by
Clem John and Clem Lori
Bought by
Braucksiek Carl D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$259,000
Interest Rate
6.57%
Source: Public Records

Range of Values:

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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
Jeta Ventures Llc $1,316,000 Chicago Title Company
Braucksiek Carl D -- None Available
Braucksiek Carl D $459,000 Fidelity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Braucksiek Carl D $259,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/09/2019 04/09/19 Sold $1,316,000 -2.5% $257 / Sq Ft
02/20/2019 02/20/19 For Sale $1,350,000 -- $264 / 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 $18,156 $1,468,016 $807,633 $660,383
2024 $18,156 $1,439,233 $791,798 $647,435
2023 $17,249 $1,411,014 $776,273 $634,741
2022 $17,391 $1,383,348 $761,052 $622,296
2021 $17,040 $1,356,225 $746,130 $610,095
2019 $14,238 $1,102,824 $624,240 $478,584
2018 $13,802 $1,081,200 $612,000 $469,200
2016 $7,714 $572,792 $198,416 $374,376
2015 $7,527 $564,189 $195,436 $368,753
2014 $7,466 $553,138 $191,608 $361,530
Source: Public Records

Agents Affiliated with this Home

  • Paula Aragone

    Seller's Agent in 2019

    Paula Aragone

    First Team Real Estate

    (714) 998-0425

    112 Total Sales

    Paula Aragone
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW19039494

California Regional Multiple Listing Service (CRMLS)

APN: 8030-004-061

California Los Angeles County Whittier 90604 South Whittier

11616 Valley View Ave, Whittier, CA

This home is located at 11616 Valley View Ave, Whittier, CA 90604 since 20 February 2019 and is currently estimated at $1,720,086, approximately $335 per square foot. This property was built in 1992. 11616 Valley View Ave is a home located in Los Angeles County with nearby schools including California High School, St. Gregory The Great, and St. Paul Of The Cross Elementary 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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