NOT LISTED FOR SALE
8 Beds
8 Baths
4,818 Sq Ft
7,426 Sq Ft Lot Lot

Sale Details

Date 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

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

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

7,426 Sq Ft Lot

Listing Details

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

Interior Features

  • Bedrooms: 8
  • Laundry: Room
  • Total Bathrooms: 8.00
  • 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
  • Type Of Units: Apartment

Tax Info

  • Tax Expense: 18574.00
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
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 View Prior Sale
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 View Prior Sale
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $24,344 $1,886,516 $1,203,820 $682,696
2024 $22,863 $1,849,526 $1,180,216 $669,310
2023 $22,620 $1,813,262 $1,157,075 $656,187
2022 $22,086 $1,777,709 $1,134,388 $643,321
2021 $21,645 $1,742,853 $1,112,146 $630,707
2019 $21,300 $1,691,510 $1,079,160 $612,350
2018 $17,753 $1,397,750 $950,640 $447,110
2016 $15,247 $1,192,918 $812,200 $380,718
2015 $15,138 $1,175,000 $800,000 $375,000
2014 $12,348 $921,665 $401,816 $519,849
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 18-301296

The MLS
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