NOT LISTED FOR SALE

Estimated Value: $939,000 - $1,048,000

5 Beds
3 Baths
2,039 Sq Ft
$481/Sq Ft Est. Value

Last Sold July 18, 2023

Last sale price $895,000 $439 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $6,045/month

14 Days on Market

Highlights

  • Workshop
  • Laundry Room
  • Energy-Efficient Windows
  • Cooling System Mounted To A Wall/Window
  • High-Efficiency Water Heater
  • Wall Furnace

About This Home

As of July 2023

Location, Location, Location! This fantastic triplex is quite simply a gem! Situated on Earlham Dr., facing Whittier College, this charming property offers many features that are not often found all together on an income property. The front home is spacious, with a large open kitchen, a fireplace in the living room, and tons of good-vibe ambiance. Underneath the front house is a private laundry area and a workshop/art studio. There is also a cute, private patio for relaxing outdoors. The back two units are each one bedroom, one spacious bathroom, and a living/ dining room. These back units share their own coin operated laundry/ storage room, in addition to having a storage shed each. All units have upgraded flooring, vinyl windows, and benefit from tankless water heaters. The front house also has its own A/C system. You'll notice that there is plenty of parking available in the back and on the long driveway, which is always a plus. This exceptional property is certainly going to interest the savvy investor who knows value on sight!

Last Agent to Sell the Property

Kristina Fruneaux

Coldwell Banker Envision License #01947830 Listed on: 05/24/2023

Coldwell Banker Envision

Last Buyer's Agent

Jessica Chiu

A + Realty & Mortgage License #01303406

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1926

Lot Details

  • 5,905 Sq Ft Lot
  • No Common Walls
  • Sprinkler System
  • Front Yard

Home Design

  • Triplex
  • Entry on the 1st floor

Interior Spaces

  • 2,039 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Workshop
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Air
  • Wall Furnace
  • High-Efficiency Water Heater

Additional Features

  • Energy-Efficient Windows
  • Exterior Lighting
  • Suburban Location

Listing and Financial Details

  • Tax Lot 4
  • Tax Tract Number 5658
  • Assessor Parcel Number 8138009004
  • $964 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $870
  • Insurance Expense $1,800
  • Maintenance Expense $915
  • Other Expense $380
  • Pest Control $390
  • Professional Management Expense $1,650
  • Trash Expense $1,365
  • Water Sewer Expense $2,096
  • New Taxes Expense $7,058
  • Operating Expense $16,304
  • Gross Income $54,980
  • Net Operating Income $38,295

Property Details

Home Type

Multi-Family

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Professional Management Expense: 1650.00
  • Property Attached: No
  • Water Sewer Expenses: 2096.00
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Gardener Expense: 870.00
  • Parcel Number: 8138009004
  • Year Built: 1926
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Stories: 1
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Price Per Square Foot: 438.94
  • Room Type: All Bedrooms Down, Laundry, Workshop

Exterior Features

  • Pool Private: No

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Individual Room
  • Pest Control Expense: 390.00
  • Sewer: Public Sewer
  • Trash Expense: 1365.00
  • Water Source: Public
  • Cooling: Central Air, Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks, Street Lights, Suburban

Green Features

  • Efficiency: Water Heater, Windows

Lot Info

  • Land Lease: No
  • Lot Features: Front Yard, Sprinkler System
  • Lot Size Sq Ft: 5905.00
  • Lot Size Acres: 0.1356

Multi Family

  • Gross Income: 54980.00
  • Gross Scheduled Income: 54598.00
  • Insurance Expense: 1800.00
  • Laundry Income: 498.00
  • Lot Size Area: 5905.0000 Square Feet
  • Maintenance Expense: 915.00
  • Net Operating Income: 38295.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 16303.00
  • Other Expense: 380.00
  • Other Expense Description: Gas
  • Rent Control: No
  • Total Actual Rent: 4425.00
  • Total Expenses: 16303.80

Tax Info

  • New Taxes Expense: 7058.00
  • Tax Lot: 4
  • Tax Tract Number: 5658
  • TaxOtherAnnualAssessmentAmount: 963.97

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2023
Closed on
Jun 20, 2023
Sold by
Whittier College
Bought by
Ning And Yong Family Trust and Ning
Seller's Agent
Kristina Fruneaux
Coldwell Banker Envision
Buyer's Agent
Jessica Chiu
A + Realty & Mortgage
List Price
$840,000
Sold Price
$895,000
Premium/Discount to List
$55,000
6.55%
Views
149
Current Estimated Value
$980,218

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$85,218
Avg. Annual Appreciation
3.78%
Original Mortgage
$626,500
Outstanding Balance
$610,935
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$369,283

Purchase Details

Closed on
May 12, 2008
Sold by
Trejo David
Bought by
Whittier College

Purchase Details

Closed on
Apr 4, 2005
Sold by
Phillips Joanne C
Bought by
Trejo David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,650
Interest Rate
6.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 18, 2000
Sold by
Perezcano Sergio R and Perezcano Leeanne J
Bought by
Phillips Douglas G and Phillips Joanne C
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Ning And Yong Family Trust $895,000 Orange Coast Title
Whittier College $450,000 Investors Title
Trejo David $535,000 Alliance Title
Phillips Douglas G $226,000 Fidelity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ning And Yong Family Trust $626,500
Previous Owner Trejo David $359,650
Closed Trejo David $121,850
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/18/2023 07/18/23 Sold $895,000 +6.5% $439 / Sq Ft
06/07/2023 06/07/23 Pending -- -- --
05/24/2023 05/24/23 For Sale $840,000 -- $412 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

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 $10,913 $912,900 $639,030 $273,870
2024 $10,913 $895,000 $626,500 $268,500
2023 $7,508 $568,118 $378,746 $189,372
2022 $7,206 $556,979 $371,320 $185,659
2021 $7,098 $546,059 $364,040 $182,019
2020 $7,058 $540,461 $360,308 $180,153
2019 $6,979 $529,865 $353,244 $176,621
2018 $6,772 $519,476 $346,318 $173,158
2016 $6,448 $499,306 $332,871 $166,435
2015 $6,302 $491,806 $327,871 $163,935
2014 $6,303 $482,173 $321,449 $160,724
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW23088772

California Regional Multiple Listing Service (CRMLS)

APN: 8138-009-004