NOT LISTED FOR SALE
4 Beds
3 Baths
13,088 Sq Ft
0.31 Acres

Last Sold March 13, 2024

Last sale price $3,675,000 $281 Per Sq Ft

147 Days on Market

About This Home

As of March 2024

We are pleased to present 13508 Penn Street in Whittier, California. This property is in the highly desirable neighborhood of Uptown Whittier just walking distance to Greenleaf Avenue, Whittier College, Penn Park and numerous hiking trails. This property was built in 1988 and consists of one 13 unit building. The building is constructed on a raised foundation, has pitched roofs and is on one spacious lot. The property offers ample on site gated parking with a total of 22 parking spaces underneath the building. 13508 Penn Street consists of an excellent unit mix of five 2 bedroom 1.5 bathroom units and eight 2 bedroom 1 bathroom units. The property is secured with gated entry for all access points. There is one on site laundry room which consists of 2 washers and 2 dryers which are owned, as well as dedicated storage for each unit to make their laundry items easily accessible. 13508 Penn St also offers a built in owners office, equipment storage room and a common area patio.

Last Agent to Sell the Property

Daniel Gomez

Younglewin Advisors, Inc. License #02081392 Listed on: 09/25/2023

Co-Listed By

Shane Young

Younglewin Advisors, Inc. License #01963090

Last Buyer's Agent

Shane Young

Younglewin Advisors, Inc. License #01963090

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1988

Lot Details

  • 0.31 Acre Lot
  • Two or More Common Walls
  • Rectangular Lot

Home Design

  • Apartment

Interior Spaces

  • 13,088 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Listing and Financial Details

  • Tax Lot 11
  • Tax Tract Number 1
  • Assessor Parcel Number 8142003051
  • $3,956 per year additional tax assessments

Community Details

Building Details

  • 10 Separate Electric Meters
  • 10 Separate Gas Meters
  • 1 Separate Water Meter
  • Operating Expense $110,134
  • Gross Income $354,696
  • Net Operating Income $237,113

Additional Features

  • 13 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1988

Lot Details

0

Listing Details

  • CapRate: 6.32
  • Price Per Unit: 288462
  • Property Attached: Yes
  • Zoning: WHR4*
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 8142003051
  • Year Built: 1988
  • Special Features: None

Interior Features

  • Stories: 2
  • Entry Location: 13508 Penn St
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Price Per Square Foot: 280.79

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Rectangular Lot
  • Lot Size Sq Ft: 13546.00
  • Lot Size Acres: 0.3110

Multi Family

  • Gross Income: 354696.00
  • Gross Multiplier: 10.57
  • Gross Scheduled Income: 354696.00
  • Lot Size Area: 13546.0000 Square Feet
  • Net Operating Income: 237113.00
  • Number Of Separate Electric Meters: 10
  • Number Of Separate Gas Meters: 10
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 13
  • Operating Expense: 110134.00
  • Rent Control: No
  • Total Expenses: 110134.00

Tax Info

  • Tax Census Tract: 5016.00
  • Tax Lot: 11
  • Tax Tract Number: 1
  • TaxOtherAnnualAssessmentAmount: 3956.00

Range of Values:

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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
03/13/2024 03/13/24 Sold $3,675,000 -2.0% $281 / Sq Ft
02/19/2024 02/19/24 Pending -- -- --
11/30/2023 11/30/23 Price Changed $3,750,000 0.0% $287 / Sq Ft
11/30/2023 11/30/23 For Sale $3,750,000 +2.0% $287 / Sq Ft
11/15/2023 11/15/23 Off Market $3,675,000 -- --
09/25/2023 09/25/23 For Sale $3,900,000 +22.8% $298 / Sq Ft
02/03/2020 02/03/20 Sold $3,175,000 -3.8% $243 / Sq Ft
12/17/2019 12/17/19 Price Changed $3,300,000 -10.8% $252 / Sq Ft
11/12/2019 11/12/19 Price Changed $3,700,000 -2.6% $283 / Sq Ft
09/30/2019 09/30/19 For Sale $3,800,000 -- $290 / 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: PW23178989

California Regional Multiple Listing Service (CRMLS)