13423 Olive Dr Whittier, CA 90601
Whittier College Neighborhood
8
Beds
4
Baths
2,800
Sq Ft
5,788
Sq Ft Lot
Highlights
- Craftsman Architecture
- Rectangular Lot
- Back and Front Yard
- Laundry Room
- Wood Siding
- 4-minute walk to Central Park
About This Home
As of February 2024American Pacific Realty is pleased to exclusively present this 4-unit multifamily offering located at 13423 Olive Drive, Whittier, California 90601. This property consists of 2-bedroom, 1-bathroom units down stairs that are approximately 700 sq. ft., and 2 upstair units that are approximately 700 sq. ft. plus a loft that is approximately 130 sq. ft. The units are in average condition with below market rents. The plumbing has been changed to copper and the electrical has been updated. This property is a great added value opportunity for the next owner to renovate the units and increase the rents.
Built in 1903, this property offers a new owner the ability to take over a property that is historically one hundred percent occupied and has been well-maintained. It is located across the street from the Shannon Center a performing arts theater at Whittier College. A short drive from Interstate 605 (San Gabriel Freeway), this offering is conveniently located near shopping restaurants and recreational facilities.
Last Agent to Sell the Property
Kurt Hoenecke
AM/PM Property Management Inc License #02056998 Listed on: 01/14/2019
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $11,082
Year Built
- Built in 1903
Lot Details
- 5,788 Sq Ft Lot
- No Common Walls
- Rectangular Lot
- Level Lot
- Back and Front Yard
Home Design
- Craftsman Architecture
- Raised Foundation
- Shingle Roof
- Composition Roof
- Wood Siding
Interior Spaces
- 2,800 Sq Ft Home
- 2-Story Property
- Laminate Flooring
- Laundry Room
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Bathrooms
Parking
- 4 Open Parking Spaces
- 4 Parking Spaces
Utilities
- Natural Gas Connected
Listing and Financial Details
- Tenant pays for electricity, gas
- Tax Lot 3
- Assessor Parcel Number 8138001004
Community Details
Building Details
- 4 Leased Units
- 5 Separate Electric Meters
- 5 Separate Gas Meters
- 1 Separate Water Meter
- Gardener Expense $1,200
- Insurance Expense $1,850
- Maintenance Expense $3,200
- Pest Control $696
- Professional Management Expense $696
- Trash Expense $750
- Water Sewer Expense $3,200
- New Taxes Expense $11,888
- Operating Expense $26,791
- Gross Income $64,200
- Net Operating Income $35,483
Additional Features
- 4 Units
- Laundry Facilities
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 14, 2019
Closed on
Feb 27, 2019
Sold by
Cameron Richard D and Cameron Susan F
Bought by
Vandavid V
Seller's Agent
Kurt Hoenecke
AM/PM Property Management Inc
Buyer's Agent
Amy Tsang
Compass
List Price
$902,500
Sold Price
$868,000
Premium/Discount to List
-$34,500
-3.82%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$441,104
Avg. Annual Appreciation
6.71%
Original Mortgage
$651,000
Interest Rate
4.3%
Mortgage Type
New Conventional
Purchase Details
Listed on
Nov 12, 2015
Closed on
Jan 11, 2016
Sold by
Canchola Rachel
Bought by
Cameron Richard D and Cameron Susan F
Seller's Agent
Alfred Renteria Jr.
R & R Real Estate Service
Buyer's Agent
David Singery
Trinity Realty & Investments
List Price
$875,000
Sold Price
$740,000
Premium/Discount to List
-$135,000
-15.43%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.32%
Original Mortgage
$555,000
Interest Rate
3.92%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 3, 2007
Sold by
Edwards Dillard Sherry
Bought by
Canchola Rachel
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$562,500
Interest Rate
6.46%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jan 18, 2006
Sold by
Dillard Sherry L Edwards
Bought by
Edwards Dillard Sherry
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Interest Rate
6.99%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
Nov 14, 1998
Sold by
Edwards Sherry L
Bought by
Edwards Sherry L and The Sherry L Edwards Living Trust
Similar Home in Whittier, CA
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $868,000 | First American Title Co | |
| Grant Deed | $740,000 | Stewart Title Of California | |
| Grant Deed | $750,000 | Advantage Title | |
| Interfamily Deed Transfer | -- | Fidelity National Title Co | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $892,500 | New Conventional | |
| Closed | $784,000 | New Conventional | |
| Closed | $645,000 | New Conventional | |
| Closed | $651,000 | New Conventional | |
| Previous Owner | $555,000 | New Conventional | |
| Previous Owner | $550,300 | New Conventional | |
| Previous Owner | $562,500 | Purchase Money Mortgage | |
| Previous Owner | $264,000 | Fannie Mae Freddie Mac | |
| Previous Owner | $195,000 | Unknown | |
| Previous Owner | $14,500 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/23/2024 02/23/24 | Sold | $1,275,000 | -8.6% | $478 / Sq Ft |
| 12/06/2023 12/06/23 | For Sale | $1,395,000 | 0.0% | $522 / Sq Ft |
| 11/15/2023 11/15/23 | Pending | -- | -- | -- |
| 10/26/2023 10/26/23 | For Sale | $1,395,000 | +9.4% | $522 / Sq Ft |
| 10/23/2023 10/23/23 | Off Market | $1,275,000 | -- | -- |
| 10/22/2023 10/22/23 | For Sale | $1,395,000 | +9.4% | $522 / Sq Ft |
| 09/21/2023 09/21/23 | Off Market | $1,275,000 | -- | -- |
| 08/09/2023 08/09/23 | For Sale | $1,395,000 | +60.7% | $522 / Sq Ft |
| 03/28/2019 03/28/19 | Sold | $868,000 | -3.8% | $310 / Sq Ft |
| 02/26/2019 02/26/19 | Pending | -- | -- | -- |
| 01/14/2019 01/14/19 | For Sale | $902,500 | +22.0% | $322 / Sq Ft |
| 02/29/2016 02/29/16 | Sold | $740,000 | -15.4% | $277 / Sq Ft |
| 01/05/2016 01/05/16 | Pending | -- | -- | -- |
| 11/12/2015 11/12/15 | For Sale | $875,000 | -- | $328 / 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 | $11,082 | $1,239,300 | $550,800 | $688,500 |
| 2024 | $11,082 | $891,317 | $442,924 | $448,393 |
| 2023 | $11,099 | $873,841 | $434,240 | $439,601 |
| 2022 | $10,856 | $856,708 | $425,726 | $430,982 |
| 2021 | $10,619 | $839,911 | $417,379 | $422,532 |
| 2020 | $10,543 | $831,300 | $413,100 | $418,200 |
| 2019 | $9,372 | $715,253 | $401,136 | $314,117 |
| 2018 | $9,895 | $769,895 | $512,917 | $256,978 |
| 2016 | $10,570 | $831,069 | $553,677 | $277,392 |
| 2015 | $10,304 | $818,587 | $545,361 | $273,226 |
| 2014 | $10,162 | $802,553 | $534,679 | $267,874 |
Source: Public Records
Agents Affiliated with this Home
-
K
Seller's Agent in 2024
Keaton Quaack
Lyon Stahl Investment Real Estate, Inc.
(562) 743-8204
1 in this area
6 Total Sales
-
Seller Co-Listing Agent in 2024
Joshua Barut
Lyon Stahl Investment Real Estate, Inc.
(310) 425-9838
1 in this area
34 Total Sales
-
Buyer's Agent in 2024
Prashant Sampat
Pacific Avenue Realty
(562) 841-0227
1 in this area
220 Total Sales
-
K
Seller's Agent in 2019
Kurt Hoenecke
AM/PM Property Management Inc
-
Buyer's Agent in 2019
Amy Tsang
Compass
(562) 980-5198
1 in this area
66 Total Sales
-
A
Seller's Agent in 2016
Alfred Renteria Jr.
R & R Real Estate Service
(562) 755-3622
6 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC19011636
APN: 8138-001-004
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
Nearby Homes
- 6670 Cozy Wood Ct
- 13707 Philadelphia St
- 7032 Washington Ave
- 7013 Hillside Ln
- 6769 Hillside Ln
- 7052 Bright Ave
- 6723 Hillside Ln
- 6233 Haviland Ave
- 6285 Hill Ave
- 13632 Penn St
- 6226 Stanford Way
- 13517 Franklin St
- 13751 Penn St
- 6202 Friends Ave
- 7232 Greenleaf Ave
- 13733 Franklin St
- 13624 Franklin St
- 7302 Bright Ave Unit B
- 7339 College Ave
- 6217 Greenleaf Ave