NOT LISTED FOR SALE
1 Bed
2 Baths
4,084 Sq Ft
7,161 Sq Ft Lot

Last Sold July 22, 2014

Last sale price $885,000 $217 Per Sq Ft

117 Days on Market

About This Home

As of July 2014

* Property consists of (4) Studios & (3) 1BR/1BA Units.
* Close walking distance to Whittier College, Numerous Cafes, Restaurants and Unique Shops
* Recently Renovated
* Open Parking

Last Agent to Sell the Property

Jay Skenderian

Morgan Skenderian License #01220368 Listed on: 03/12/2014

Last Buyer's Agent

Ruby Chou

Realty Brokers International, Inc. License #01362943

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 7,161 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Home Design

  • 4,084 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 1 Bedroom
  • 2 Bathrooms

Parking

  • 7 Parking Spaces
  • Parking Available
  • Unassigned Parking

Listing and Financial Details

  • Tax Lot 13
  • Assessor Parcel Number 8137014006

Community Details

Overview

  • 7 Units

Building Details

  • 8 Separate Electric Meters
  • 8 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $600
  • Insurance Expense $1,627
  • Maintenance Expense $5,455
  • Other Expense $500
  • Trash Expense $4,680
  • Water Sewer Expense $4,680
  • New Taxes Expense $12,742
  • Gross Income $6,765
  • Net Operating Income $47,649

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • CapRate: 5.00
  • Price Per Unit: 137143
  • Property Attached: Yes
  • Water Sewer Expenses: 4680.00
  • Property Type: Residential Income
  • Gardener Expense: 600.00
  • Parcel Number: 8137014006
  • Year Built: 1920
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Levels: Two
  • Price Per Square Foot: 216.70

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Unassigned
  • Total Parking Spaces: 7.00

Utilities

  • Utilities: Sewer Available
  • Trash Expense: 4680.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 7161.00
  • Lot Size Acres: 0.1640

Multi Family

  • Gross Income: 6765.00
  • Gross Multiplier: 11.83
  • Gross Scheduled Income: 81180.00
  • Gross Spendable Income: 14304.00
  • Insurance Expense: 1627.00
  • Lot Size Area: 7161.0000 Square Feet
  • Maintenance Expense: 5455.00
  • Maintenance Percent: 7.00
  • Net Operating Income: 47649.00
  • Number Of Separate Electric Meters: 8
  • Number Of Separate Gas Meters: 8
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 7
  • Operating Expense: 30284.00
  • Operating Expense Percent: 37.30
  • Other Expense: 500.00
  • Other Expense Description: admin
  • Rent Control: No
  • Total Actual Rent: 6765.00
  • Vacancy Allowance: 3247
  • Vacancy Allowance Rate: 4.00

Tax Info

  • New Taxes Expense: 12742.00
  • Tax Lot: 13

Range of Values:

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Average Value
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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
07/22/2014 07/22/14 Sold $885,000 -7.8% $217 / Sq Ft
07/07/2014 07/07/14 Pending -- -- --
03/12/2014 03/12/14 For Sale $960,000 +47.7% $235 / Sq Ft
03/08/2013 03/08/13 Sold $650,000 -10.3% $159 / Sq Ft
02/15/2013 02/15/13 Pending -- -- --
01/25/2013 01/25/13 For Sale $725,000 -- $178 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW14051072

California Regional Multiple Listing Service (CRMLS)