12429 Lambert Rd Whittier, CA 90606
Estimated Value: $1,401,781 - $1,919,000
10
Beds
6
Baths
4,810
Sq Ft
$356/Sq Ft
Est. Value
Highlights
- 0.43 Acre Lot
- No HOA
- 2 Car Garage
- Private Yard
- Laundry Room
- Rectangular Lot
About This Home
As of April 20224-unit quadraplex with a mix of 3 – 2Bed, 1 Bath and 1 – 4 bed 2 bath. Properties do require updates and maintenance. Property requires ALL CASH or hard money loan due to condition of 3rd unit. Will not qualify for conventional financing. Both front units closest to Lambert are tenant occupied with month-to-month contracts. Both back units will be vacant upon close of escrow. Do not disturb tenants contact agent for questions. Submit offers subject to interior inspection and send proof of funds.
Last Agent to Sell the Property
Jon Long
Ardent Real Estate Group, Inc. License #01850579 Listed on: 02/08/2022
Last Buyer's Agent
Jon Long
Ardent Real Estate Group, Inc. License #01850579 Listed on: 02/08/2022
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $15,884
Year Built
- Built in 1929
Lot Details
- 0.43 Acre Lot
- No Common Walls
- Rectangular Lot
- Level Lot
- Private Yard
- Lawn
Parking
- 2 Car Garage
- Parking Available
- Driveway
Home Design
- 4,810 Sq Ft Home
- Fixer Upper
Bedrooms and Bathrooms
- 10 Bedrooms
- 6 Bathrooms
Additional Features
- Laundry Room
- Urban Location
Listing and Financial Details
- Tenant pays for all utilities, cable TV, electricity, grounds care, gas, trash collection, water
- Tax Lot 5
- Tax Tract Number 5021
- Assessor Parcel Number 8170034003
Community Details
Overview
- No Home Owners Association
- 4 Buildings
- 4 Units
Building Details
- 2 Leased Units
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 4 Separate Water Meters
- Electric Expense $131
- Insurance Expense $1,714
- Maintenance Expense $1,539
- New Taxes Expense $22,287
- Operating Expense $3,442
- Gross Income $90,240
- Net Operating Income $86,782
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jan 23, 2025
Sold by
Villamil Eloy
Bought by
Jeb Family Investments Llc
Total Days on Market
16
Current Estimated Value
Purchase Details
Closed on
Mar 22, 2023
Sold by
Rivas Monica N Pena
Bought by
Villamil Eloy
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,168,000
Interest Rate
6.12%
Mortgage Type
Construction
Purchase Details
Listed on
Feb 8, 2022
Closed on
Mar 4, 2022
Sold by
Pat Lokken Trust
Bought by
Jeb Family Investments Llc
Seller's Agent
Jon Long
Ardent Real Estate Group, Inc.
Buyer's Agent
Jon Long
Ardent Real Estate Group, Inc.
List Price
$1,275,000
Sold Price
$1,250,000
Premium/Discount to List
-$25,000
-1.96%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.72%
Original Mortgage
$1,125,000
Interest Rate
3.76%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 9, 2015
Sold by
Lokken Dorothe E and Lokken Pat
Bought by
Lokken Dorothe E and Pat Lokken Trust
Similar Homes in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Jeb Family Investments Llc | -- | -- | |
| Villamil Eloy | -- | Wfg Title Company | |
| Villamil Eloy | -- | Wfg Title Company Of Californi | |
| Jeb Family Investments Llc | $1,300,000 | First American Title Company O | |
| Lokken Dorothe E | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Villamil Eloy | $1,168,000 | |
| Previous Owner | Jeb Family Investments Llc | $1,125,000 | |
| Previous Owner | Jeb Family Investments Llc | $1,125,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/12/2022 04/12/22 | Sold | $1,250,000 | -2.0% | $260 / Sq Ft |
| 02/24/2022 02/24/22 | Pending | -- | -- | -- |
| 02/08/2022 02/08/22 | For Sale | $1,275,000 | -- | $265 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $15,884 | $1,300,500 | $832,320 | $468,180 |
| 2023 | $15,509 | $1,275,000 | $816,000 | $459,000 |
| 2022 | $4,318 | $266,446 | $138,140 | $128,306 |
| 2021 | $4,567 | $261,223 | $135,432 | $125,791 |
| 2020 | $4,385 | $258,546 | $134,044 | $124,502 |
| 2019 | $4,449 | $253,477 | $131,416 | $122,061 |
| 2018 | $4,091 | $248,508 | $128,840 | $119,668 |
| 2016 | $3,605 | $238,860 | $123,838 | $115,022 |
| 2015 | $3,545 | $235,273 | $121,978 | $113,295 |
| 2014 | $3,516 | $230,665 | $119,589 | $111,076 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2022
Jon Long
Ardent Real Estate Group, Inc.
(714) 396-6848
3 in this area
31 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW22024908
APN: 8170-034-003
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