NOT LISTED FOR SALE
8 Beds
6 Baths
3,986 Sq Ft
5,324 Sq Ft Lot

Last Sold December 15, 2015

Last sale price $958,000 $240 Per Sq Ft

3 Days on Market

Highlights

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

About This Home

As of December 2015

This 6 units Apartment is a well-maintained, two-story building consists of 3,986 SF rental space on a Lot of 5,324 SF. Brand new exterior paint. There are (3) two bed / one bath, (2) one bed / one Bath and (1) non-confirming studio. All units with separate electric meters. There are 5 total reserved parking spaces for tenants' exclusive use.

This apartment building sits just south of Whittier College and east pf Painter Ave. Great Location, easy to rent.

Last Agent to Sell the Property

Jane Weng

Channel Investment Group License #01075356 Listed on: 09/17/2015

Last Buyer's Agent

Frank Yu

Pinnacle Real Estate Group License #01870657

Pinnacle Real Estate Group

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1962

Lot Details

  • 5,324 Sq Ft Lot
  • Two or More Common Walls
  • Density is 11-15 Units/Acre

Parking

  • 2 Car Garage

Home Design

  • 3,986 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 6 Bathrooms

Laundry

  • Laundry Room

Utilities

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

Listing and Financial Details

  • Tax Lot 14
  • Tax Tract Number 5658
  • Assessor Parcel Number 8138009015

Community Details

Overview

  • No Home Owners Association

Building Details

  • 6 Leased Units
  • 6 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Electric Expense $637
  • Fuel Expense $210
  • Gardener Expense $700
  • Insurance Expense $2,020
  • Maintenance Expense $1,500
  • Other Expense $1,270
  • Trash Expense $1,141
  • Water Sewer Expense $628
  • New Taxes Expense $11,975
  • Operating Expense $20,101
  • Gross Income $5,820
  • Net Operating Income $52,216

Property Details

Home Type

Multi-Family

Year Built

Built in 1962

Lot Details

0

Parking

2

Listing Details

  • CapRate: 5.45
  • Other Phone Description: Agent direct
  • Other Phone Number: 909-718-4888
  • Property Attached: Yes
  • Water Sewer Expenses: 628.00
  • Property Type: Residential Income
  • Gardener Expense: 700.00
  • Parcel Number: 8138009015
  • Year Built: 1962
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 240.34

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Individual Room
  • Trash Expense: 1141.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Lot Features: 11-15 Units/Acre
  • Lot Size Sq Ft: 5324.00
  • Price Per Lot Square Foot: 179.94
  • Lot Size Acres: 0.1220

Multi Family

  • Electric Expense: 637.00
  • Fuel Expense: 210.00
  • Gross Income: 5820.00
  • Gross Scheduled Income: 69845.00
  • Insurance Expense: 2020.00
  • Laundry Equipment Own Lease: Own
  • Laundry Income: 665.00
  • Lot Size Area: 5324.0000 Square Feet
  • Maintenance Expense: 1500.00
  • Net Operating Income: 52216.00
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 6
  • Number Wall A C: 6
  • Operating Expense: 17629.00
  • Other Expense: 1270.00
  • Other Expense Description: misc
  • Rent Control: No
  • Total Actual Rent: 5765.00
  • Total Expenses: 20101.00

Tax Info

  • New Taxes Expense: 11975.00
  • Tax Lot: 14
  • Tax Tract Number: 5658

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
12/15/2015 12/15/15 Sold $958,000 0.0% $240 / Sq Ft
09/20/2015 09/20/15 Pending -- -- --
09/17/2015 09/17/15 For Sale $958,000 0.0% $240 / Sq Ft
04/23/2014 04/23/14 Rented $990 0.0% --
04/23/2014 04/23/14 For Rent $990 +10.6% --
05/15/2013 05/15/13 Rented $895 0.0% --
05/13/2013 05/13/13 Under Contract -- -- --
04/20/2013 04/20/13 For Rent $895 -18.6% --
12/15/2012 12/15/12 Rented $1,100 0.0% --
11/30/2012 11/30/12 Under Contract -- -- --
09/06/2012 09/06/12 For Rent $1,100 +27.2% --
09/01/2012 09/01/12 Rented $865 0.0% --
08/31/2012 08/31/12 Under Contract -- -- --
08/14/2012 08/14/12 For Rent $865 0.0% --
06/29/2012 06/29/12 Sold $698,000 -3.7% $175 / Sq Ft
06/04/2012 06/04/12 Pending -- -- --
03/19/2012 03/19/12 For Sale $725,000 -- $182 / 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: TR15207004

California Regional Multiple Listing Service (CRMLS)