Seller's Agent in 2016
Debi Ardi
Mickie Ardi Realty
(818) 366-1776
28 Total Sales
12703 La Cuarta St Whittier, CA 90602
South Whittier Neighborhood
9
Beds
8
Baths
5,034
Sq Ft
8,207
Sq Ft Lot
Highlights
- Traditional Architecture
- Granite Countertops
- Cooling System Mounted To A Wall/Window
- Wood Flooring
- No HOA
- Laundry Room
About This Home
As of December 2016Fantastic Opportunity to own a cash flowing 7 unit building in the heart of Whittier..Unique opportunity for multifamily ownership with unparalleled upside. Rents have not been increased in years and lag substantially under market. New owner has the opportunity to bring rents up to market and increase cash flow and value of the building dramatically..The average rent for a one bedroom is $820.00. The market suggests these units should rent for between $1,150.00 and $1,300.00... There are no one bedroom units available in Whittier for under $1,100.00 currently and none of the lower options include a garage...New Owner can rent out garages to increase income
Last Agent to Sell the Property
Mickie Ardi Realty License #00802221 Listed on: 08/24/2016
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1973
Lot Details
- 8,207 Sq Ft Lot
- Two or More Common Walls
- South Facing Home
- Chain Link Fence
- Rectangular Lot
- Level Lot
- Density is up to 1 Unit/Acre
Parking
- 10 Car Garage
Home Design
- 5,034 Sq Ft Home
- Traditional Architecture
- Property Attached
- Turnkey
- Slab Foundation
- Fire Rated Drywall
- Frame Construction
- Shingle Roof
- Stucco
Kitchen
- Gas Oven
- Gas Cooktop
- Granite Countertops
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 9 Bedrooms
- 8 Bathrooms
Laundry
- Laundry Room
- Leased Washer and Dryer
Outdoor Features
- Exterior Lighting
Utilities
- Cooling System Mounted To A Wall/Window
- Central Water Heater
Listing and Financial Details
- Tax Lot 22
- Tax Tract Number 13950
- Assessor Parcel Number 8141023013
Community Details
Overview
- No Home Owners Association
- 7 Units
Amenities
- Laundry Facilities
Building Details
- 7 Separate Electric Meters
- 7 Separate Gas Meters
- 7 Separate Water Meters
- Insurance Expense $1,500
- Trash Expense $547
- New Taxes Expense $13,592
- Gross Income $6,500
- Net Operating Income $51,528
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/12/2016 12/12/16 | Sold | $1,275,000 | -12.1% | $253 / Sq Ft |
| 10/11/2016 10/11/16 | Pending | -- | -- | -- |
| 08/24/2016 08/24/16 | For Sale | $1,450,000 | -- | $288 / 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 |
|---|---|---|---|---|
| 2025 | $19,053 | $1,479,739 | $1,007,385 | $472,354 |
| 2024 | $19,053 | $1,450,726 | $987,633 | $463,093 |
| 2023 | $18,732 | $1,422,281 | $968,268 | $454,013 |
| 2022 | $18,391 | $1,394,394 | $949,283 | $445,111 |
| 2021 | $18,144 | $1,367,054 | $930,670 | $436,384 |
| 2019 | $17,768 | $1,326,909 | $903,067 | $423,842 |
| 2018 | $17,296 | $1,300,900 | $885,360 | $415,540 |
| 2016 | $13,825 | $1,012,932 | $611,155 | $401,777 |
| 2015 | $13,592 | $997,717 | $601,975 | $395,742 |
| 2014 | $13,462 | $978,174 | $590,184 | $387,990 |
Source: Public Records
Agents Affiliated with this Home
-
Debi Ardi
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SR16187454
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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