Seller's Agent in 2019
Craig Martin
T.N.G. Real Estate Consultants
(714) 987-3310
48 Total Sales
13536 Olive Dr Unit A-D Whittier, CA 90601
Whittier College NeighborhoodEstimated Value: $1,352,000 - $1,601,000
8
Beds
4
Baths
3,648
Sq Ft
$407/Sq Ft
Est. Value
Highlights
- Custom Home
- Property is near a park
- Corner Lot
- City Lights View
- Main Floor Bedroom
- Private Yard
About This Home
As of November 2019Excellent Opportunity for the Right Investor who is looking for High Occupancy Rates and Low Risks. Perfectly located Fourplex is situated near uptown Whittier on a quiet residential street and within walking distance to Whittier College. It's never a problem finding qualifying tenants for these units in this Highly Desirable area of Whittier Each Private unit offers its own exterior entrance with 2 bedrooms, 1 bathroom, a roomy living room, and light and bright kitchen. Some units have patios or small backyards as well. the floor plans are great. This hard to find Investment property also includes garage parking for each unit with three 2 Car garages Even better, there is a community laundry and individual meters for each unit! With no rent control, easy maintaining, no on-site manager required, and stable/paying tenants, this property just might be what you are looking for. Please do not disturb tenants.
Last Agent to Sell the Property
T.N.G. Real Estate Consultants License #01279760 Listed on: 08/20/2019
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $15,281
Year Built
- Built in 1973
Lot Details
- 5,343 Sq Ft Lot
- 1 Common Wall
- Northeast Facing Home
- Wood Fence
- Corner Lot
- Level Lot
- Side Yard Sprinklers
- Private Yard
- Lawn
- Front Yard
Parking
- 6 Car Garage
- Parking Available
- Front Facing Garage
- Side by Side Parking
- Two Garage Doors
- Driveway Down Slope From Street
- Shared Driveway
- Parking Lot
- Assigned Parking
Property Views
- City Lights
- Neighborhood
Home Design
- Custom Home
- Quadruplex
- Slab Foundation
- Spanish Tile Roof
- Composition Roof
- Wood Siding
- Stucco
Interior Spaces
- 3,648 Sq Ft Home
- Sliding Doors
- Living Room
Kitchen
- Electric Oven
- Electric Range
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 8 Bedrooms
- Main Floor Bedroom
- 4 Bathrooms
Laundry
- Laundry Room
- Laundry in Garage
- Washer and Electric Dryer Hookup
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Accessible Home Design
- No Interior Steps
Outdoor Features
- Exterior Lighting
- Rain Gutters
Location
- Property is near a park
- Suburban Location
Utilities
- Cooling System Mounted To A Wall/Window
- Heating Available
- 220 Volts in Garage
- Electric Water Heater
- Sewer Paid
Listing and Financial Details
- Tenant pays for all utilities, cable TV, electricity, water
- Tax Lot 5
- Tax Tract Number 5386
- Assessor Parcel Number 8138004001
Community Details
Overview
- No Home Owners Association
- 4 Units
Amenities
- Laundry Facilities
Building Details
- 4 Leased Units
- 5 Separate Electric Meters
- 1 Separate Water Meter
- Electric Expense $1,200
- Gardener Expense $1,200
- Insurance Expense $1,000
- Maintenance Expense $2,000
- Trash Expense $1,200
- Water Sewer Expense $1,200
- New Taxes Expense $11,500
- Operating Expense $7,800
- Gross Income $71,442
- Net Operating Income $63,642
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 17, 2023
Sold by
Lee Danny T and Lee Pearl Y
Bought by
Danny T And Pearl Yuh Lee Revocable Trust and Lee
Current Estimated Value
Purchase Details
Listed on
Aug 20, 2019
Closed on
Oct 30, 2019
Sold by
Ammerman Norman David and Ammerman Mark
Bought by
Lee Danny T and Lee Pearl Y
Seller's Agent
Craig Martin
T.N.G. Real Estate Consultants
Buyer's Agent
Stephen Shiu
STEPHEN SHIU, BROKER
List Price
$1,150,000
Sold Price
$1,157,500
Premium/Discount to List
$7,500
0.65%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.25%
Purchase Details
Closed on
May 21, 2019
Sold by
Ammerman Norman David
Bought by
Ammerman Norman David and Ammerman Mark
Purchase Details
Closed on
Nov 26, 2002
Sold by
Salazar Anita F
Bought by
Ammerman Norman David
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$259,000
Interest Rate
5.83%
Purchase Details
Closed on
Oct 21, 1999
Sold by
Trust Salazar Anita F Tr Vincent M Salaz
Bought by
Salazar Anita F
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,000
Interest Rate
7.82%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Feb 10, 1994
Sold by
Salazar Vincent M and Salazar Anita F
Bought by
Salazar Vincent M
Purchase Details
Closed on
Nov 22, 1993
Sold by
Salazar Vincent M and Salazar Anita F
Bought by
Salazar Vincent M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,000
Interest Rate
7.1%
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Danny T And Pearl Yuh Lee Revocable Trust | -- | None Listed On Document | |
| Lee Danny T | $1,157,500 | Ticor Title | |
| Ammerman Norman David | -- | None Available | |
| Ammerman Norman David | $439,000 | Orange Coast Title | |
| Salazar Anita F | -- | South Coast Title | |
| Salazar Vincent M | -- | -- | |
| Salazar Vincent M | -- | Commonwealth Land Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Ammerman Norman David | $259,000 | |
| Previous Owner | Salazar Anita F | $232,000 | |
| Previous Owner | Salazar Vincent M | $218,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/01/2019 11/01/19 | Sold | $1,157,500 | +0.7% | $317 / Sq Ft |
| 08/27/2019 08/27/19 | Pending | -- | -- | -- |
| 08/20/2019 08/20/19 | For Sale | $1,150,000 | -- | $315 / 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 | $15,281 | $1,265,890 | $711,414 | $554,476 |
| 2024 | $15,281 | $1,241,069 | $697,465 | $543,604 |
| 2023 | $15,049 | $1,216,736 | $683,790 | $532,946 |
| 2022 | $14,741 | $1,192,880 | $670,383 | $522,497 |
| 2021 | $14,479 | $1,169,491 | $657,239 | $512,252 |
| 2019 | $7,811 | $570,683 | $194,746 | $375,937 |
| 2018 | $7,628 | $559,508 | $190,928 | $368,580 |
| 2016 | $7,201 | $537,092 | $183,515 | $353,577 |
| 2015 | $7,135 | $529,025 | $180,759 | $348,266 |
| 2014 | $6,994 | $518,663 | $177,219 | $341,444 |
Source: Public Records
Agents Affiliated with this Home
-
Craig Martin
-
Stephen Shiu
Buyer's Agent in 2019
Stephen Shiu
STEPHEN SHIU, BROKER
(213) 359-8389
20 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW19199293
APN: 8138-004-001
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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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