NOT LISTED FOR SALE

12809 Oak St Whittier, CA 90602

8 Beds
8 Baths
4,818 Sq Ft
7,426 Sq Ft Lot

Last Sold March 12, 2018

Last sale price $1,658,000 $344 Per Sq Ft

14 Days on Market

About This Home

As of March 2018

We are pleased to present a fantastic opportunity to own 8 spacious units near Uptown Whittier. The property is walking distance to shops & restaurants in Uptown Whittier and across Whittier Blvd.The building consists of 8 (1 Bedroom + 1 Bathroom) units. This investment opportunity also offers an attractive assumable loan with a low 3.49% interest rate fixed until July of 2021. The building is professionally managed and has strong current rents in place. Additional income is procured from the on-site laundry room. All tenants have on-site parking and all units are separately metered for gas & electricity. Property is not subject to rent control.

Last Agent to Sell the Property

Shant Sherbetdjian

Remax Commercial and Investment Realty License #01713570 Listed on: 01/08/2018

Remax Commercial and Investment Realty

Co-Listed By

Tigran Grigoryan

Remax Commercial and Investment Realty License #01949804

Last Buyer's Agent

Shant Sherbetdjian

Remax Commercial and Investment Realty License #01713570 Listed on: 01/08/2018

Remax Commercial and Investment Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1955

Lot Details

  • 7,426

Interior Spaces

  • 4,818 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Bathrooms

Parking

  • 8 Parking Spaces
  • Assigned Parking

Additional Features

  • 7,426 Sq Ft Lot
  • Cooling System Mounted In Outer Wall Opening

Community Details

  • 8 Units

Listing and Financial Details

  • Assessor Parcel Number 8165-012-015

Property Details

Home Type

Multi-Family

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 4818
  • Probate: No
  • Stories: 2
  • Year Built: 1955
  • Number Of Photos: 8
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 8
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Room
  • Total Bathrooms: 8.00
  • Den: 0
  • Price Per S Q F T: 351.81

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: Assigned
  • Total Parking: 8

Utilities

  • Cooling: Wall Unit(s)
  • Electric Expense: 559.00
  • Number Electric Meters: 8
  • Number Gas Meters: 8
  • Water Expense: 2164.00

Fee Information

  • Gas Expense: 136.00
  • Insurance Expense: 1686.00
  • Maintenance Expense: 5680.00
  • Other Expense: 3595.00
  • Trash Expense: 1819.00

Lot Info

  • Assessed Improvement Value: 438000
  • Assessed Land Value: 932000
  • Assessor Parcel Number: 8165-012-015
  • Geocode Override: No
  • Lot Size Area: 7426

Rental Info

  • Number Leased: 8
  • Monthly Gross Income: 9710.00
  • Rent Control: No

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 14.47
  • Number Of Units: 8
  • Total Annual Expense: 35173
  • Type Of Units: Apartment
  • Vacancy Rate: 3%

Tax Info

  • Tax Expense: 18574.00

Range of Values:

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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

Property History

Date Event Price Change Sq Ft Price
03/12/2018 03/12/18 Sold $1,658,000 -2.2% $344 / Sq Ft
01/22/2018 01/22/18 Pending -- -- --
01/08/2018 01/08/18 For Sale $1,695,000 -27.9% $352 / Sq Ft
09/19/2014 09/19/14 Sold $2,350,000 -11.0% $244 / Sq Ft
07/02/2014 07/02/14 Pending -- -- --
03/19/2014 03/19/14 For Sale $2,640,000 +43.9% $274 / Sq Ft
12/22/2012 12/22/12 Sold $1,835,000 -14.7% $190 / Sq Ft
12/22/2012 12/22/12 Pending -- -- --
01/12/2011 01/12/11 For Sale $2,150,000 -- $223 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • T

    Seller Co-Listing Agent in 2018

    Tigran Grigoryan

    RE/MAX

  • Mike Marcu

    Seller's Agent in 2014

    Mike Marcu

    Mike Marcu, Broker

    19 Total Sales

    Mike Marcu
    Section Image
  • Eric Chavez

    Buyer's Agent in 2014

    Eric Chavez

    CAREBF INC

    (213) 996-8558

    8 Total Sales

    Eric Chavez
    Section Image

  • B

    Seller's Agent in 2012

    Barbara Singh

    The Property Connections

    (714) 928-7110

    2 Total Sales

    Barbara Singh
    Section Image

  • K

    Buyer's Agent in 2012

    KENNY NGO

    GOLD REAL ESTATE INC.

See All Agents

Map

Source: The MLS

MLS Number: 18-301296

The MLS

California Los Angeles County Whittier 90602

12809 Oak St, Whittier, CA

This home is located at 12809 Oak St, Whittier, CA 90602 since 08 January 2018. This property was built in 1955. 12809 Oak St is a home located in Los Angeles County with nearby schools including Evergreen Elementary School, East Whittier Middle School, and Whittier High School.

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