NOT LISTED FOR SALE

Estimated Value: $1,109,000 - $1,368,000

5 Beds
2 Baths
2,646 Sq Ft
$453/Sq Ft Est. Value

Last Sold August 01, 2017

Last sale price $630,000 $238 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $7,146/month

39 Days on Market

Highlights

  • 23,250 Sq Ft lot
  • Living Room
  • Ceiling Fan
  • California High School Rated A-
  • Laundry Room
  • 2 Car Garage

About This Home

As of August 2017

Excellent triplex in Whittier on a huge 23,250 square feet lot. Great potential for investors looking for a development project. This triplex consists of 3 separate, detached units. The lot is large enough for a variety of different opportunities for investors to explore. Great location in an area with high demand for rental units.

Last Agent to Sell the Property

Philip Kang

Real Broker License #01862860 Listed on: 06/08/2017

Last Buyer's Agent

Philip Kang

Real Broker License #01862860 Listed on: 06/08/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,379

Year Built

  • Built in 1932

Lot Details

  • 0.53 Acre Lot
  • No Common Walls
  • Level Lot
  • Value in Land

Parking

  • 2 Car Garage
  • 8 Open Parking Spaces
  • Parking Available
  • Driveway

Interior Spaces

  • 2,646 Sq Ft Home
  • Ceiling Fan
  • Living Room
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Utilities

  • Natural Gas Connected
  • Sewer Assessments
  • Phone Available

Additional Features

  • Rain Gutters
  • Suburban Location

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, telephone
  • Tax Lot 17
  • Tax Tract Number 10506
  • Assessor Parcel Number 8028015042

Community Details

Overview

  • 3 Buildings
  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,800
  • Other Expense $6,370
  • Trash Expense $220
  • Water Sewer Expense $2,600
  • New Taxes Expense $7,310
  • Operating Expense $18,300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,379

Year Built

Built in 1932

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Water Sewer Expenses: 2600.00
  • Zoning: LCA1*
  • Property Type: Residential Income
  • Parcel Number: 8028015042
  • Year Built: 1932
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Ceiling Fan(s)
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 238.10
  • Room Type: Living Room

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Garage
  • Total Parking Spaces: 10.00
  • Uncovered Spaces: 8.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Phone Available, Water Connected
  • Laundry: Yes
  • Electric: Electricity - On Property, Standard
  • Laundry Features: Inside
  • Sewer: Public Sewer, Sewer Assessments
  • Trash Expense: 220.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 20000-39999 Sqft, Level, Value In Land
  • Lot Size Sq Ft: 23250.00

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Telephone

Multi Family

  • Insurance Expense: 1800.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 18300.00
  • Other Expense: 6370.00
  • Other Expense Description: Misc
  • Rent Control: No
  • Total Expenses: 18300.00

Tax Info

  • New Taxes Expense: 7310.00
  • Tax Census Tract: 5031.04
  • Tax Lot: 17
  • Tax Tract Number: 10506

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 9, 2022
Sold by
Chen John Chong Ying
Bought by
John C Chen Revocable Living Trust and Chen
Current Estimated Value
$1,197,689

Purchase Details

Listed on
Jun 8, 2017
Closed on
Aug 9, 2017
Sold by
Gwa Properties Lc
Bought by
Chen John Chong Ying and Chen Linda Haomei
Seller's Agent
Philip Kang
Real Broker
Buyer's Agent
Philip Kang
Real Broker
List Price
$589,000
Sold Price
$630,000
Premium/Discount to List
$41,000
6.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.11%
Original Mortgage
$476,000
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 8, 2017
Closed on
Jul 20, 2017
Sold by
The Bank Of New York Mellon
Bought by
Gwa Properties Llc
Seller's Agent
Philip Kang
Real Broker
Buyer's Agent
Philip Kang
Real Broker
List Price
$589,000
Sold Price
$630,000
Premium/Discount to List
$41,000
6.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$476,000
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 8, 2017
Closed on
Jun 8, 2017
Sold by
Castillo Eliseo
Bought by
The Bank Of New York Mellon and Jpmorgan Chase Bank Na
Seller's Agent
Philip Kang
Real Broker
Buyer's Agent
Philip Kang
Real Broker
List Price
$589,000
Sold Price
$630,000
Premium/Discount to List
$41,000
6.96%

Purchase Details

Closed on
May 19, 2017
Sold by
Castillo Eliseo
Bought by
The Bank Of New York Mellon and The Bank Of New York

Purchase Details

Closed on
Dec 16, 2005
Sold by
Castillo Blanca
Bought by
Castillo Eliseo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
6.36%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Nov 16, 2005
Sold by
Urban Street Properties Inc
Bought by
Castillo Eliseo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
6.36%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 12, 2005
Sold by
Pena Fernando
Bought by
Marovic Marija

Purchase Details

Closed on
Aug 22, 1994
Sold by
Pena Concepcion M
Bought by
Pena Fernando
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
John C Chen Revocable Living Trust -- None Listed On Document
Chen John Chong Ying $713,000 None Available
Gwa Properties Llc $630,000 Title365 Company
The Bank Of New York Mellon $785,608 Title 365
The Bank Of New York Mellon -- Title 365
Castillo Eliseo -- Fidelity National Title Comp
Castillo Eliseo $825,000 Fidelity National Title Comp
Urban Street Properties Inc -- Fidelity National Title Comp
Marovic Marija -- Fidelity National Title
Marovic Marija -- Fidelity National Title
Pena Fernando -- --
Pena Fernando -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chen John Chong Ying $476,000
Previous Owner Castillo Eliseo $165,000
Previous Owner Urban Street Properties Inc $165,000
Previous Owner Castillo Eliseo $577,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/01/2017 08/01/17 Sold $630,000 +7.0% $238 / Sq Ft
07/17/2017 07/17/17 Pending -- -- --
06/08/2017 06/08/17 For Sale $589,000 -- $223 / 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 $10,379 $811,268 $455,130 $356,138
2024 $10,379 $795,361 $446,206 $349,155
2023 $10,065 $779,766 $437,457 $342,309
2022 $10,140 $764,478 $428,880 $335,598
2021 $9,935 $749,489 $420,471 $329,018
2020 $9,834 $741,805 $416,160 $325,645
2019 $9,769 $727,260 $408,000 $319,260
2018 $9,291 $713,000 $400,000 $313,000
2016 $8,932 $693,000 $525,000 $168,000
2015 $8,831 $693,000 $525,000 $168,000
2014 $7,840 $600,000 $453,400 $146,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW17130403

California Regional Multiple Listing Service (CRMLS)

APN: 8028-015-042