NOT LISTED FOR SALE

Estimated Value: $1,236,000 - $1,540,000

9 Beds
8 Baths
3,900 Sq Ft
$347/Sq Ft Est. Value

Last Sold March 30, 2017

Last sale price $868,000 $223 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $8,180/month

2 Days on Market

About This Home

As of March 2017

EXCELLENT Income Property Located in a Great Neighborhood in the City of Whittier, Two Level Town-Home Style Units. Separate Laundry Room
in the premises with Coin Operator Commercial Washer and Dryer. 3 Attached Car Garages, 4 Carports, and More Extra Space to park.
Within Walking Distance to the Famous Up-Town Whittier, Where you Can Enjoy Fine Restaurants. It is Located Convenient to Whittier College.

Last Agent to Sell the Property

Connie Berduo

COLDWELL BANKER ALLIANCE License #01187353 Listed on: 02/08/2017

COLDWELL BANKER ALLIANCE

Last Buyer's Agent

Connie Berduo

COLDWELL BANKER ALLIANCE License #01187353 Listed on: 02/08/2017

COLDWELL BANKER ALLIANCE

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1980

Lot Details

  • 6,225 Sq Ft Lot
  • 1 Common Wall
  • Corner Lot

Parking

  • 3 Car Garage

Home Design

  • 3,900 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 8 Bathrooms

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tenant pays for all utilities
  • Tax Lot 38
  • Tax Tract Number 5014
  • Assessor Parcel Number 8140020041

Community Details

Overview

  • 2 Buildings
  • 4 Units

Building Details

  • 3 Leased Units
  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $600
  • Insurance Expense $1,200
  • Trash Expense $1,260
  • Water Sewer Expense $1,260
  • New Taxes Expense $9,033
  • Operating Expense $13,553
  • Gross Income $34,800
  • Net Operating Income $21,353

Property Details

Home Type

Multi-Family

Year Built

Built in 1980

Lot Details

0

Parking

3

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 1260.00
  • Property Type: Residential Income
  • Parcel Number: 8140020041
  • Year Built: 1980
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Levels: Two
  • Price Per Square Foot: 222.56

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Sewer: Public Sewer
  • Trash Expense: 1260.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot, Walkstreet
  • Lot Size Sq Ft: 6225.00

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Electric Expense: 600.00
  • Gross Income: 34800.00
  • Gross Scheduled Income: 34800.00
  • Insurance Expense: 1200.00
  • Net Operating Income: 21353.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 4
  • Operating Expense: 13553.00
  • Rent Control: No
  • Total Expenses: 13553.00

Tax Info

  • New Taxes Expense: 9033.00
  • Tax Lot: 38
  • Tax Tract Number: 5014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 25, 2018
Sold by
Luong Kristian
Bought by
Sierra Llc
Current Estimated Value
$1,352,905

Purchase Details

Closed on
Oct 11, 2017
Sold by
Huynh Ken
Bought by
Luong Kristian

Purchase Details

Listed on
Feb 8, 2017
Closed on
Mar 6, 2017
Sold by
Anderson Melvin L
Bought by
Huynh Ken and Luong Kristian
Seller's Agent
Connie Berduo
COLDWELL BANKER ALLIANCE
Buyer's Agent
Connie Berduo
COLDWELL BANKER ALLIANCE
List Price
$878,000
Sold Price
$868,000
Premium/Discount to List
-$10,000
-1.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.16%
Original Mortgage
$651,000
Interest Rate
4.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 29, 2006
Sold by
Anderson Melvin L
Bought by
Anderson Melvin L and Anderson Christine L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
6.36%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 17, 2006
Sold by
Melton Vera S
Bought by
Anderson Melvin L and Anderson Christine L

Purchase Details

Closed on
Mar 24, 2005
Sold by
Anderson Melvin L
Bought by
Anderson Melvin L and Anderson Christine L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$490,000
Interest Rate
6.85%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 2, 2005
Sold by
Anderson Melvin L
Bought by
Anderson Melvin L and Anderson Christine L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$490,000
Interest Rate
6.85%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 25, 2004
Sold by
Anderson Melvin L
Bought by
Anderson Melvin L and Anderson Christine L

Purchase Details

Closed on
Aug 9, 2004
Sold by
Melton Vera S
Bought by
Melton Vera S and The Family Trust Of Vera S Melton

Purchase Details

Closed on
May 6, 2004
Sold by
Anderson Melvin L
Bought by
Anderson Melvin L and Anderson Christine L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$422,000
Interest Rate
6.15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 1, 2000
Sold by
Trust Taylor, Clarence And Aurora Trs Tay
Bought by
Anderson Melvin L and Anderson Christine L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$382,102
Interest Rate
7.65%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 4, 1997
Sold by
Taylor Clarence E
Bought by
Taylor Clarence E and Taylor Aurora R
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Sierra Llc -- Accommodation
Luong Kristian -- Accommodation
Huynh Ken $868,000 Wfg National Title Company
Anderson Melvin L -- First American Title Company
Anderson Melvin L -- None Available
Anderson Melvin L -- Commonwealth Title
Anderson Melvin L -- Commonwealth Title
Anderson Melvin L -- --
Melton Vera S -- --
Anderson Melvin L -- Diversified Title & Escrow S
Anderson Melvin -- Diversified Title & Escrow S
Anderson Melvin -- Diversified Title & Escrow S
Anderson Melvin L $390,000 Old Republic Title Company
Taylor Clarence E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Huynh Ken $651,000
Previous Owner Anderson Melvin L $600,000
Previous Owner Anderson Melvin L $490,000
Previous Owner Anderson Melvin $422,000
Previous Owner Anderson Melvin L $382,102
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/30/2017 03/30/17 Sold $868,000 -1.1% $223 / Sq Ft
02/10/2017 02/10/17 Pending -- -- --
02/08/2017 02/08/17 For Sale $878,000 -- $225 / 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 $14,100 $1,124,439 $622,458 $501,981
2024 $14,100 $1,102,392 $610,253 $492,139
2023 $13,861 $1,080,778 $598,288 $482,490
2022 $13,614 $1,059,587 $586,557 $473,030
2021 $13,280 $1,038,811 $575,056 $463,755
2019 $11,894 $903,067 $481,705 $421,362
2018 $11,488 $885,360 $472,260 $413,100
2016 $6,905 $493,234 $172,471 $320,763
2015 $6,774 $485,826 $169,881 $315,945
2014 $6,657 $476,311 $166,554 $309,757
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV17028846

California Regional Multiple Listing Service (CRMLS)

APN: 8140-020-041