NOT LISTED FOR SALE

Estimated Value: $1,199,000 - $1,572,000

7 Beds
4 Baths
2,753 Sq Ft
$503/Sq Ft Est. Value

Last Sold August 07, 2023

Last sale price $1,400,000 $509 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $8,659/month

88 Days on Market

Highlights

  • Laundry Room
  • Central Heating and Cooling System
  • 1-Story Property
  • California High School Rated A-

About This Home

As of August 2023

Amazing property in the heart of the city of Whittier, Two brand and new ADU built that makes 3 unit income property. 3 bed 1 bath, 1 bed 1 bath, and 3 bed 2 bath with ample parking spaces. Two ADU are all brand new, and the original front unit is completely remodeled. This property is TURNKEY! Each unit features Brand new laminate flooring throughout, New kitchen cabinets with quartz countertops & stainless steel appliances(included with the sale), and inside laundry room/areas. Not to mention all new electricity, plumbing, roof, windows, etc.! The original structure is a 3 bedroom 1 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.The property is ready to go and just waiting to be sold. Bring your investors and don't miss out on this great opportunity!
Must come and check this out!!

Last Agent to Sell the Property

Carole Lee

Samuel S. Choi, Broker License #01966905 Listed on: 02/26/2023

Last Buyer's Agent

Carole Lee

Samuel S. Choi, Broker License #01966905 Listed on: 02/26/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,832

Year Built

  • Built in 1954

Lot Details

  • 9,755 Sq Ft Lot
  • 1 Common Wall
  • Density is 2-5 Units/Acre

Home Design

  • Triplex

Interior Spaces

  • 2,753 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Bathrooms

Additional Features

  • Urban Location
  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for all utilities
  • Tax Lot 77
  • Tax Tract Number 9891
  • Assessor Parcel Number 8026013016
  • $680 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters
  • Gross Income $95,400
  • Net Operating Income $95,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,832

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Zoning: LCA1YY
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 8026013016
  • Year Built: 1954
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Levels: One
  • Price Per Square Foot: 508.54

Exterior Features

  • Pool Private: No

Utilities

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

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 9755.00
  • Lot Size Acres: 0.2239

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Gross Income: 95400.00
  • Gross Scheduled Income: 95400.00
  • Lot Size Area: 9755.0000 Square Feet
  • Net Operating Income: 95400.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3
  • Number Of Units Total: 3
  • Rent Control: No

Tax Info

  • Tax Census Tract: 5030.00
  • Tax Lot: 77
  • Tax Tract Number: 9891
  • TaxOtherAnnualAssessmentAmount: 680.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 5, 2023
Sold by
Kim Michael and Ok Hee
Bought by
Zia Caleb K and Zia Caleb K
Current Estimated Value
$1,383,493

Purchase Details

Listed on
Nov 9, 2020
Closed on
Jan 5, 2021
Sold by
Innomorph Developments Llc
Bought by
Kim Michael and Kim Ok Hee
Seller's Agent
Lourdes Pan
RE/MAX Dynasty
List Price
$500,000
Sold Price
$500,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.35%
Original Mortgage
$437,784
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 9, 2020
Closed on
Dec 18, 2020
Sold by
M Luisa Juarez Revocable Living Trust
Bought by
Innomorph Developments Llc
Seller's Agent
Lourdes Pan
RE/MAX Dynasty
List Price
$500,000
Sold Price
$500,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$437,784
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 9, 2020
Closed on
Nov 16, 2020
Sold by
Morales Hilda Molina
Bought by
Innomorph Developments Llc
Seller's Agent
Lourdes Pan
RE/MAX Dynasty
List Price
$500,000
Sold Price
$500,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$437,784
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 8, 2017
Sold by
Juarez M Luisa
Bought by
Morales Hilda Molina and M Luisa Juarez Revocable Living Trust

Purchase Details

Closed on
Jun 1, 1996
Sold by
Greenstone Development Co
Bought by
Greenstone Development Llc
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
Zia Caleb K $1,400,000 Chicago Title Company
Kim Michael -- Accommodation/Courtesy Recordi
Kim Michael -- Accommodation
Innomorph Developments Llc $500,000 Wfg Title Insurance
Innomorph Developments Llc $500,000 Wfg Title Company
Morales Hilda Molina -- None Available
Greenstone Development Llc $1,000,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Innomorph Developments Llc $437,784
Previous Owner Innomorph Developments Llc $437,784
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/07/2023 08/07/23 Sold $1,400,000 -2.0% $509 / Sq Ft
05/25/2023 05/25/23 Pending -- -- --
02/26/2023 02/26/23 For Sale $1,429,000 +185.8% $519 / Sq Ft
12/21/2020 12/21/20 Sold $500,000 0.0% $445 / Sq Ft View Prior Sale
11/12/2020 11/12/20 Pending -- -- --
11/09/2020 11/09/20 For Sale $500,000 -- $445 / 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 $16,832 $1,428,000 $999,600 $428,400
2024 $16,832 $1,400,000 $980,000 $420,000
2023 $7,016 $554,532 $389,109 $165,423
2022 $6,568 $510,000 $357,000 $153,000
2021 $6,399 $500,000 $350,000 $150,000
2020 $6,009 $466,930 $339,586 $127,344
2019 $5,969 $457,776 $332,928 $124,848
2018 $5,716 $448,800 $326,400 $122,400
2016 $919 $47,668 $22,108 $25,560
2015 $900 $46,953 $21,776 $25,177
2014 $900 $46,034 $21,350 $24,684
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW23032700

California Regional Multiple Listing Service (CRMLS)

APN: 8026-013-016