NOT LISTED FOR SALE

Estimated Value: $1,213,000 - $1,427,041

8 Beds
4 Baths
2,512 Sq Ft
$519/Sq Ft Est. Value

Last Sold July 03, 2018

Last sale price $950,000 $378 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $8,124/month

23 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • Front Yard
  • Cooling System Mounted To A Wall/Window
  • Floor Furnace

About This Home

As of July 2018

THIS IS AN ATTRACTIVE, FOUR UNIT, 2 STORY APARTMENT BUILDING LOCATED IN UPTOWN WHITTIER WITH A TOTAL OF 8 BEDROOMS & 4 BATHROOMS. THIS BUILDING IS IN A GREAT LOCATION, IS IN GREAT CONDITION, WITH GREAT INCOME POTENTIAL. IT IS ADJACENT TO WHITTIER COLLEGE, WITH THE STREET ENDING AT PENN PARK. EACH 624 SQFT UNIT IS 2 BEDROOMS, 1 BATHROOM INCLUDING A STOVE, GAS WALL HEATER, & WINDOW A/C. ALL HAVE SMOKE/CO ALARMS. THE STUCCO/TRIM EXTERIOR WAS RECENTLY PAINTED AND HAS BEEN WELL MAINTAINED AND IS IN EXCELLENT CONDITION. THE ROOF IS IN GOOD CONDITION AND THERE IS AN ATTACHED LAUNDRY ROOM WITH OWNER WASHER/DRYER. THE QUADPLEX HAS AN ATTACHED STORAGE ROOM, PARKING FOR 8 CARS AND SECURITY LIGHTING WITH EXTERNAL FIRE EXTINGUISHERS. tHE WASHER/DRYER PRODUCE $40-$50/MONTH. 4 EXTRA PARKING SPACES ARE POTENTIAL RENT ADD-ONS. STORAGE ROOM IS ALSO A RENT POTENTIAL. THANK YOU FOR VIEWING THIS PROPERTY.

Last Agent to Sell the Property

Angel Hernandez

Synergy Real Estate License #00942464 Listed on: 04/23/2018

Last Buyer's Agent

Alfonso Vasquez

SO CAL REALTY & LOANS License #01259293

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,953

Year Built

  • Built in 1961

Lot Details

  • 5,831 Sq Ft Lot
  • No Common Walls
  • Front Yard

Home Design

  • 2,512 Sq Ft Home
  • Quadruplex

Kitchen

  • Gas Oven
  • Gas Cooktop

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Parking

  • 8 Open Parking Spaces
  • 8 Parking Spaces
  • Parking Available
  • Parking Lot
  • Assigned Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • Floor Furnace

Additional Features

  • Laundry Room
  • Exterior Lighting
  • Suburban Location

Listing and Financial Details

  • Tax Lot 13
  • Tax Tract Number 5658
  • Assessor Parcel Number 8138009014

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Amenities

  • Laundry Facilities

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • Operating Expense $100
  • Gross Income $250
  • Net Operating Income $3,620

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,953

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Property Attached: No
  • Zoning: WHR4*
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 8138009014
  • Year Built: 1961
  • Special Features: None

Interior Features

  • Common Walls: No Common Walls
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 378.18

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Assigned, Parking Space
  • Total Parking Spaces: 8.00
  • Uncovered Spaces: 8.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Oven, Gas Cooktop
  • Heating Type: Floor Furnace
  • Laundry Features: Community, Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard
  • Lot Size Sq Ft: 5831.00

Multi Family

  • Garage Income: 200.00
  • Gross Income: 250.00
  • Gross Scheduled Income: 3720.00
  • Laundry Income: 50.00
  • Net Operating Income: 3620.00
  • Number Of Rented Garages: 4
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Units Total: 4
  • Operating Expense: 100.00
  • Rent Control: No
  • Total Expenses: 100.00

Tax Info

  • Tax Census Tract: 5016.00
  • Tax Lot: 13
  • Tax Tract Number: 5658

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 23, 2018
Closed on
Jun 18, 2018
Sold by
Franco Frank A
Bought by
Navarro Angel and Navarro Aaron
Seller's Agent
Angel Hernandez
Synergy Real Estate
Buyer's Agent
Alfonso Vasquez
SO CAL REALTY & LOANS
List Price
$899,900
Sold Price
$950,000
Premium/Discount to List
$50,100
5.57%
Current Estimated Value
$1,303,010

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$353,010
Avg. Annual Appreciation
4.48%
Original Mortgage
$712,500
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 11, 2008
Sold by
Franco Frank and Franco Trust
Bought by
Franco Frank and Family Trust Of The Franco Trust
Source: Public Records

Range of Values:

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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
Navarro Angel $950,000 Chicago Title Company
Franco Frank -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Navarro Angel $733,000
Closed Navarro Angel $724,000
Closed Navarro Angel $712,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/03/2018 07/03/18 Sold $950,000 +5.6% $378 / Sq Ft
05/16/2018 05/16/18 Pending -- -- --
04/23/2018 04/23/18 For Sale $899,900 -- $358 / 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 $12,953 $1,059,738 $747,395 $312,343
2024 $12,953 $1,038,960 $732,741 $306,219
2023 $12,706 $1,018,589 $718,374 $300,215
2022 $12,510 $998,618 $704,289 $294,329
2021 $12,322 $979,038 $690,480 $288,558
2020 $12,254 $969,000 $683,400 $285,600
2019 $11,954 $950,000 $670,000 $280,000
2018 $2,064 $89,798 $33,800 $55,998
2016 $1,802 $86,313 $32,489 $53,824
2015 $1,765 $85,017 $32,001 $53,016
2014 $1,755 $83,353 $31,375 $51,978
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW18093879

California Regional Multiple Listing Service (CRMLS)

APN: 8138-009-014