Seller's Agent in 2022
Ken Morgan
Morgan Skenderian
(714) 290-9090
1 in this area
4 Total Sales
13425 Mulberry Dr Whittier, CA 90605
South Whittier Neighborhood
3
Beds
2
Baths
11,664
Sq Ft
0.39
Acre Lot
About This Home
As of May 2022Built in 1963 the subject property consists of (9) one bedroom/one bath units and (8) two bedroom/one bath units. Property amenities include an onsite laundry facility, carports, and wall A/C. All of the units are individually metered for electricity and gas. Carport roofs and second story walkway decking were recently replaced. Units 1, 4 and 11 will be delivered vacant and in non-rent ready condition allowing the purchaser to renovate the units and achieve the highest market rent available.
With the property being located in Unincorporated Los Angeles County the property is subject to Rent Stabilization Ordinance (RSO) which is a local law setting the maximum annual rent increases to an annual cap of 3 percent and provides tenants protections from evictions without just cause. The Supervisors controlling Unincorporated areas of Los Angeles County recently extended the rent freeze for all areas of Unincorporated Los Angeles County until December 31st, 2022.
Last Agent to Sell the Property
Morgan Skenderian License #01220368 Listed on: 02/25/2022
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1963
Lot Details
- 16,942 Sq Ft Lot
- Two or More Common Walls
Home Design
- 11,664 Sq Ft Home
- Property Attached
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Bathrooms
Parking
- 17 Parking Spaces
- 17 Carport Spaces
Additional Features
- Laundry in unit
- Rain Gutters
Listing and Financial Details
- Tax Lot 7
- Assessor Parcel Number 8163006014
Community Details
Building Details
- Rent Control
- 17 Separate Electric Meters
- 17 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $4,665
- Professional Management Expense $12,000
- Operating Expense $111,447
- Gross Income $286,681
- Net Operating Income $175,234
Additional Features
- 17 Units
- Laundry Facilities
Ownership 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
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 25, 2022
Closed on
Apr 21, 2022
Sold by
Bought by
Seller's Agent
Ken Morgan
Morgan Skenderian
Buyer's Agent
Ken Morgan
Morgan Skenderian
List Price
$4,225,000
Sold Price
$4,335,000
Premium/Discount to List
$110,000
2.6%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,800,000
Interest Rate
0.0467%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 9, 2015
Sold by
Bought by
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Home Values in the Area
Average Home Value in this Area
Purchase 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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $4,335,000 | Ticor Title | ||
| -- | None Available |
Source: Public Records
Mortgage 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 | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $2,800,000 |
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 |
|---|---|---|---|---|
| 05/17/2022 05/17/22 | Sold | $4,335,000 | +2.6% | $372 / Sq Ft |
| 03/28/2022 03/28/22 | Pending | -- | -- | -- |
| 02/25/2022 02/25/22 | For Sale | $4,225,000 | -- | $362 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
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 | $60,333 | $4,600,336 | $3,326,887 | $1,273,449 |
| 2024 | $54,487 | $4,510,134 | $3,261,654 | $1,248,480 |
| 2023 | $53,905 | $4,421,700 | $3,197,700 | $1,224,000 |
| 2022 | $56,183 | $4,643,000 | $1,600,000 | $3,043,000 |
| 2021 | $13,897 | $837,012 | $244,116 | $592,896 |
| 2019 | $13,648 | $812,687 | $236,876 | $575,811 |
| 2018 | $13,124 | $796,763 | $232,232 | $564,531 |
| 2016 | $12,356 | $765,345 | $223,215 | $542,130 |
| 2015 | $12,258 | $753,850 | $219,863 | $533,987 |
| 2014 | $12,196 | $739,084 | $215,557 | $523,527 |
Source: Public Records
Agents Affiliated with this Home
-
Ken Morgan
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW22038033
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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