NOT LISTED FOR SALE
6 Beds
4 Baths
26,116 Sq Ft
0.97 Acre Lot

Sale Details

Date Sold: March 31, 2015

Last sale price $5,850,000 $224 Per Sq Ft

104 Days on Market

Highlights

  • Private Pool
  • 0.97 Acre Lot
  • Landscaped

About This Home

As of March 2015

The property is located at 13435 Mulberry Drive in Whittier, CA. The property is comprised of one studio unit (non-conforming), seven one-bedroom/one-bathroom units, 20 two-bedroom/one-bathroom units and six three-bedroom/one-and-a-half bathroom units. The property is made up of three, two-story buildings on a 42,212-square foot lot. The property provides ample parking with 33 carport spaces with storage lockers and four open parking spaces, a pool and laundry facility.

Last Agent to Sell the Property

Tyler Leeson

Marcus & Millichap RE Invest License #01451551 Listed on: 02/05/2015

Last Buyer's Agent

Tyler Leeson

Marcus & Millichap RE Invest License #01451551 Listed on: 02/05/2015

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1962

Lot Details

  • 42,213 Sq Ft Lot
  • Two or More Common Walls
  • Landscaped

Parking

  • 37 Parking Spaces

Home Design

  • 26,116 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Outdoor Features

  • Private Pool
  • Exterior Lighting

Listing and Financial Details

  • Legal Lot and Block 8 / 16
  • Tax Tract Number 44
  • Assessor Parcel Number 8163006015

Community Details

Overview

  • 3 Buildings
  • 34 Units

Recreation

  • Community Pool

Building Details

  • 34 Leased Units
  • 33 Separate Electric Meters
  • 33 Separate Gas Meters
  • 33 Separate Water Meters
  • Electric Expense $7,339
  • Insurance Expense $7,834
  • Maintenance Expense $18,000
  • Other Expense $15,400
  • Professional Management Expense $29,824
  • Trash Expense $7,339
  • Water Sewer Expense $7,339
  • New Taxes Expense $65,945
  • Gross Income $40,140
  • Net Operating Income $309,270

Property Details

Home Type

Multi-Family

Year Built

Built in 1962

Lot Details

0.97 Acres

Listing Details

  • Professional Management Expense: 29824.00
  • Property Attached: Yes
  • Water Sewer Expenses: 7339.00
  • Zoning: LCR3*
  • Property Type: Residential Income
  • Parcel Number: 8163006015
  • Year Built: 1962
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 224.00

Exterior Features

  • Pool Features: Community
  • Pool Private: Yes

Garage/Parking

  • Total Parking Spaces: 37.00

Utilities

  • Utilities: Sewer Available
  • Trash Expense: 7339.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Street Lights

Lot Info

  • Lot Features: Landscaped
  • Lot Size Sq Ft: 42213.00
  • Lot Size Acres: 0.9690

Multi Family

  • Electric Expense: 7339.00
  • Gross Income: 40140.00
  • Gross Scheduled Income: 490080.00
  • Insurance Expense: 7834.00
  • Lot Size Area: 42213.0000 Square Feet
  • Maintenance Expense: 18000.00
  • Net Operating Income: 309270.00
  • Number Of Separate Electric Meters: 33
  • Number Of Separate Gas Meters: 33
  • Number Of Separate Water Meters: 33
  • Number Of Units Leased: 34
  • Number Of Units Total: 34
  • Operating Expense: 166860.00
  • Other Expense: 15400.00
  • Other Expense Description: MISC
  • Rent Control: No
  • Total Actual Rent: 40140.00
  • Vacancy Allowance Rate: 3.00

Tax Info

  • New Taxes Expense: 65945.00
  • Tax Block: 16
  • Tax Lot: 8
  • Tax Tract Number: 44
  • Tax Year: 2015

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 5, 2015
Closed on
Mar 23, 2015
Sold by
Bought by
Seller's Agent
Tyler Leeson
Marcus & Millichap RE Invest
Buyer's Agent
Tyler Leeson
Marcus & Millichap RE Invest
List Price
$6,500,000
Sold Price
$5,850,000
Premium/Discount to List
-$650,000
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,805,000
Interest Rate
0.0365%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 8, 2012
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,220,000
Interest Rate
0.0335%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Nov 13, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,450,000
Interest Rate
0.063%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 27, 2000
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,392,750
Interest Rate
0.0767%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 13, 1999
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
0.0787%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 19, 1996
Sold by
Bought by

Purchase Details

Closed on
Mar 12, 1996
Sold by
Bought by

Purchase Details

Closed on
Mar 6, 1996
Sold by
Bought by
Source: Public Records
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
$5,850,000 Fidelity National Title Co
$4,600,000 --
$4,825,000 Chicago Title Company
$1,857,000 Chicago Title Co
-- --
$1,500,000 First American
-- First American
-- First American
-- First American
-- First American
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 $5,270,000
Closed $3,805,000
Previous Owner $3,220,000
Previous Owner $3,450,000
Previous Owner $1,392,750
Previous Owner $80,000
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
03/05/2025 03/05/25 Off Market $1,650 -- --
01/17/2025 01/17/25 For Rent $1,650 0.0% --
01/10/2025 01/10/25 Off Market $1,650 -- --
06/24/2024 06/24/24 Price Changed $1,650 0.0% $4 / Sq Ft
06/13/2024 06/13/24 For Rent $1,650 0.0% --
03/31/2015 03/31/15 Sold $5,850,000 -10.0% $224 / Sq Ft
02/10/2015 02/10/15 Pending -- -- --
10/29/2014 10/29/14 For Sale $6,500,000 -- $249 / 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 $97,828 $7,030,818 $3,004,623 $4,026,195
2024 $90,014 $6,892,959 $2,945,709 $3,947,250
2023 $86,070 $6,757,803 $2,887,950 $3,869,853
2022 $84,312 $6,625,298 $2,831,324 $3,793,974
2021 $82,610 $6,495,391 $2,775,808 $3,719,583
2019 $80,760 $6,386,512 $2,693,477 $3,693,035
2018 $78,594 $6,262,930 $2,640,664 $3,622,266
2016 $74,439 $5,939,212 $2,538,125 $3,401,087
2015 $60,325 $4,713,208 $922,149 $3,791,059
2014 $59,615 $4,620,884 $904,086 $3,716,798
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC14231237

California Regional Multiple Listing Service (CRMLS)
Your Personal Tour Guide

Ask me questions while you tour the home.