NOT LISTED FOR SALE

Estimated Value: $937,000 - $1,039,000

6 Beds
2 Baths
2,069 Sq Ft
$475/Sq Ft Est. Value

Last Sold July 01, 2022

Last sale price $900,000 $435 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $6,055/month

15 Days on Market

Highlights

  • Property is near park
  • No HOA
  • Living Room
  • Corner Lot
  • Neighborhood Views
  • Laundry Room

About This Home

As of July 2022

Great investment opportunity in the beautiful city of Whittier. Just blocks from Founders Memorial Park. Corner unit at end of Howard Street with no neighbor directly behind. Two, three bedroom, one bath units, each with a one car garage via alley access behind. Over $17,000 in improvements and maintenance done in 2021. Unit 12102, front unit has a patio and fenced green space in front. Updates in 2021 include: new tile flooring throughout; new HVAC; new stove, dishwasher and range hood; new mirrored closet doors; updated washer/dryer hook-ups. Unit 12104, at rear has had a long standing tenant and will need some updating. This unit has a backyard with grass. It also has tile flooring throughout, newer A/C, stove, dishwasher, Washer/dryer hook-ups and fenced back yard. Close freeway access and close to retail centers.

Last Agent to Sell the Property

Barbara Adams

First Team Real Estate License #01873714 Listed on: 05/17/2022

First Team Real Estate

Last Buyer's Agent

Sean Hwangbo

RE/MAX TIME REALTY License #01945497

RE/MAX TIME REALTY

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1952 | Remodeled

Lot Details

  • 6,813 Sq Ft Lot
  • 1 Common Wall
  • Wood Fence
  • Block Wall Fence
  • Corner Lot
  • Level Lot
  • Back and Front Yard

Parking

  • 2 Car Garage
  • Parking Available
  • Rear-Facing Garage
  • Single Garage Door

Home Design

  • Duplex
  • Entry on the 1st floor
  • Cosmetic Repairs Needed
  • Slab Foundation
  • Composition Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 2,069 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Tile Flooring
  • Neighborhood Views

Kitchen

  • Gas and Electric Range
  • Range Hood
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Location

  • Property is near park
  • Suburban Location

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Connected
  • Satellite Dish

Additional Features

  • No Interior Steps
  • Exterior Lighting

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 24
  • Tax Tract Number 16284
  • Assessor Parcel Number 8134015001
  • $875 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • Gardener Expense $1,500
  • Insurance Expense $1,000
  • Maintenance Expense $1,040
  • Pest Control $265
  • Trash Expense $619
  • Water Sewer Expense $1,655
  • Operating Expense $5,814
  • Gross Income $45,600
  • Net Operating Income $39,786

Property Details

Home Type

Multi-Family

Year Built

Built in 1952 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • CapRate: 4.60
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Maintained, Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Water Sewer Expenses: 1655.00
  • Zoning: WHR2YY
  • Property Condition: Repairs Cosmetic, Updated/Remodeled
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Gardener Expense: 1500.00
  • Parcel Number: 8134015001
  • Year Built: 1952
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Flooring: Tile
  • Accessibility Features: No Interior Steps
  • Appliances: Yes
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 434.99
  • Room Type: All Bedrooms Down, Living Room

Exterior Features

  • Foundation: Slab
  • Exterior Features: Satellite Dish
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Block, Wood
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage, Garage Faces Rear, Garage - Single Door, On Site, Private
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas & Electric Range, Range Hood
  • Heating Type: Forced Air
  • Laundry Features: Gas & Electric Dryer Hookup, Washer Hookup
  • Pest Control Expense: 265.00
  • Sewer: Public Sewer
  • Trash Expense: 619.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Street Lights, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Corner Lot, Front Yard, Level with Street, Park Nearby
  • Lot Size Sq Ft: 6813.00
  • Lot Size Acres: 0.1564

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average3 Bed Area: 1035 Square Feet
  • Gross Income: 45600.00
  • Gross Scheduled Income: 45600.00
  • Insurance Expense: 1000.00
  • Lot Size Area: 6813.0000 Square Feet
  • Maintenance Expense: 1040.00
  • Net Operating Income: 39786.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Number With Dishwasher: 2
  • Number With Disposal: 2
  • Number With Drapes: 1
  • Number With Range: 2
  • Operating Expense: 5814.00
  • Rent Control: No
  • Total Actual Rent: 3800.00
  • Total Expenses: 5814.00

Tax Info

  • Tax Census Tract: 5013.02
  • Tax Lot: 24
  • Tax Tract Number: 16284
  • TaxOtherAnnualAssessmentAmount: 874.50

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2022
Closed on
Jun 2, 2022
Sold by
Casey Family Trust
Bought by
Kim Andrew K
Seller's Agent
Barbara Adams
First Team Real Estate
Buyer's Agent
Sean Hwangbo
RE/MAX TIME REALTY
List Price
$865,000
Sold Price
$900,000
Premium/Discount to List
$35,000
4.05%
Current Estimated Value
$983,693

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,693
Avg. Annual Appreciation
2.56%
Original Mortgage
$630,000
Outstanding Balance
$596,762
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$386,931

Purchase Details

Closed on
Jun 22, 2010
Sold by
Casey Mae L and Mae L Casey Living Trust
Bought by
Casey Mae Louise and The Casey Family Trust

Purchase Details

Closed on
Dec 20, 1993
Sold by
Taylor Beverly Victoria
Bought by
Serbell Elizabeth J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
7.09%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Kim Andrew K $900,000 Western Resources Title
Casey Mae Louise -- None Available
Serbell Elizabeth J -- First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kim Andrew K $630,000
Previous Owner Serbell Elizabeth J $85,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/01/2022 07/01/22 Sold $900,000 +4.0% $435 / Sq Ft
05/17/2022 05/17/22 For Sale $865,000 -- $418 / 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 $11,007 $936,359 $644,007 $292,352
2024 $11,007 $918,000 $631,380 $286,620
2023 $10,853 $900,000 $619,000 $281,000
2022 $3,039 $200,077 $69,969 $130,108
2021 $3,076 $196,155 $68,598 $127,557
2019 $2,906 $190,679 $66,564 $124,115
2018 $2,750 $186,948 $65,259 $121,689
2016 $2,668 $179,364 $62,726 $116,638
2015 $2,747 $176,670 $61,784 $114,886
2014 $2,577 $173,210 $60,574 $112,636
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC22102255

California Regional Multiple Listing Service (CRMLS)

APN: 8134-015-001