$1,600,000
SOLD APR 23, 2025
10 Beds
6 Baths
5,124 Sq Ft
6,827 Sq Ft Lot

Recently Sold

$312 Per Sq Ft

71 Days on Market

Highlights

  • City Lights View
  • Wood Flooring
  • Hiking Trails
  • Traditional Architecture
  • No HOA
  • Balcony

About This Home

As of April 2025

Seeking a buyer for this exceptional investment opportunity to add to your portfolio. The building is situated in a highly desirable location in Whittier where demand for rents is always high with little or no vacancies, the apartment building is in great condition with no deferred maintenance, 6 single garages, on site laundry room with a coin operated commercial washer and dryer (owner owned) and a utility sink that is shared by the tenants, a separate storage room, updated gas meters, the building offers spacious and excellent unit mix, strong rental metrics in Whittier provides the buyer with an attractive value-add opportunity. The prime location offers a mix of shops, restaurants, schools, supermarkets (Trader Joe's), public transportation, night life, freeways and more..... NO local rent control. It's an incredible opportunity to acquire a multifamily asset and hold long term or hedge against inflation. MAKE YOUR MOVE NOW BUY and HOLD, IT WILL BE A GREAT ADDITION TO YOUR PORTFOLIO. It is the lowest price apartment building of it's kind in the neighborhood.

Last Agent to Sell the Property

Angel Moreno

Century 21 Allstars Brokerage Phone: 562-244-9349 License #01312680 Listed on: 01/12/2025

Century 21 Allstars

Last Buyer's Agent

Angel Moreno

Century 21 Allstars Brokerage Phone: 562-244-9349 License #01312680 Listed on: 01/12/2025

Century 21 Allstars

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1958

Lot Details

  • 6,827 Sq Ft Lot
  • Two or More Common Walls
  • West Facing Home
  • Block Wall Fence
  • Fence is in good condition
  • Rectangular Lot
  • Gentle Sloping Lot
  • Density is 6-10 Units/Acre

Parking

  • 6 Car Garage
  • Parking Available
  • Single Garage Door
  • Driveway
  • Assigned Parking

Property Views

  • City Lights
  • Neighborhood

Home Design

  • Traditional Architecture
  • Apartment
  • Turnkey
  • Combination Foundation
  • Fire Rated Drywall
  • Shingle Roof
  • Composition Roof
  • Partial Copper Plumbing
  • Stucco

Interior Spaces

  • 5,124 Sq Ft Home
  • 2-Story Property
  • Blinds
  • Window Screens
  • Utility Room
  • Laundry Room

Kitchen

  • Gas Range
  • Tile Countertops

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 6 Bathrooms

Home Security

  • Security Lights
  • Carbon Monoxide Detectors

Accessible Home Design

  • Accessible Parking

Outdoor Features

  • Balcony
  • Exterior Lighting

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Natural Gas Connected
  • Water Heater
  • Phone Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, telephone
  • Tax Lot 37
  • Tax Tract Number 5016
  • Assessor Parcel Number 8142001019
  • $2,448 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 6 Units

Recreation

  • Park
  • Hiking Trails
  • Bike Trail

Building Details

  • 6 Leased Units
  • 7 Separate Electric Meters
  • 7 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $50
  • Gardener Expense $1,589
  • Insurance Expense $8,800
  • Maintenance Expense $2,500
  • Trash Expense $2,720
  • Water Sewer Expense $2,070
  • New Taxes Expense $20,000
  • Operating Expense $37,380
  • Gross Income $115,000
  • Net Operating Income $77,620

Property Details

Home Type

Multi-Family

Year Built

Built in 1958

Lot Details

0

Parking

6

Listing Details

  • Assessments: Yes
  • Price Per Unit: 266667
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Security: Carbon Monoxide Detector(s), Security Lights
  • View: Yes
  • Water Sewer Expenses: 2070.00
  • Zoning: WHR3YY
  • Architectural Style: Traditional
  • Property Condition: Turnkey
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Gardener Expense: 1589.00
  • Parcel Number: 8142001019
  • Year Built: 1958
  • AgentOnly_SellerConsiderConcessionYN: No
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Balcony, Copper Plumbing Partial, Tile Counters, Unfurnished
  • Stories: 2
  • Entry Location: Main level
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Laminate, Wood
  • Accessibility Features: Parking
  • Appliances: Yes
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 312.26
  • Room Type: Utility Room
  • Window Features: Blinds, Screens

Exterior Features

  • Direction Faces: West
  • Foundation: Combination
  • View: City Lights, Neighborhood
  • Fence: Yes
  • Fencing: Block, Good Condition
  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: No
  • Construction Materials: Drywall Walls, Stucco

Garage/Parking

  • Garage Spaces: 6.00
  • Parking: Yes
  • Parking Features: Assigned, Covered, Driveway, Garage - Single Door
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range, Water Heater
  • Electric: Standard
  • Heating Type: Wall Furnace
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Trash Expense: 2720.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Biking, Curbs, Hiking, Park, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 6-10 Units/Acre, Gentle Sloping, Rectangular Lot
  • Lot Size Sq Ft: 6827.00
  • Lot Size Acres: 0.1567

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Telephone

Multi Family

  • Average1 Bed Area: 850 Square Feet
  • Average2 Bed Area: 880 Square Feet
  • Electric Expense: 50.00
  • Gross Income: 115000.00
  • Gross Operating Income: 115000.00
  • Gross Scheduled Income: 115000.00
  • Insurance Expense: 8800.00
  • Laundry Equipment Own Lease: Own
  • Laundry Income: 1200.00
  • Lot Size Area: 6827.0000 Square Feet
  • Maintenance Expense: 2500.00
  • Net Operating Income: 77620.00
  • Number Of Separate Electric Meters: 7
  • Number Of Separate Gas Meters: 7
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 6
  • Number Of Units Total: 6
  • Number Wall A C: 4
  • Operating Expense: 37380.00
  • Rent Control: No
  • Total Actual Rent: 7775.00
  • Total Expenses: 37380.00

Tax Info

  • New Taxes Expense: 20000.00
  • Tax Census Tract: 5016.00
  • Tax Lot: 37
  • Tax Tract Number: 5016
  • Tax Year: 2023
  • TaxOtherAnnualAssessmentAmount: 2448.00

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Range of Values:

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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
08/06/2025 08/06/25 For Rent $2,300 0.0% --
04/23/2025 04/23/25 Sold $1,600,000 0.0% $312 / Sq Ft
03/25/2025 03/25/25 Pending -- -- --
01/12/2025 01/12/25 For Sale $1,600,000 -- $312 / 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: DW25005086

California Regional Multiple Listing Service (CRMLS)