$980,000
SOLD DEC 28, 2021
4 Beds
2 Baths
1,880 Sq Ft
6,610 Sq Ft Lot

Recently Sold

$521 Per Sq Ft

1% Above List Price

13 Days on Market

Highlights

  • New Construction
  • Hiking Trails
  • Central Heating
  • No HOA
  • Laundry Room
  • Rectangular Lot

About This Home

As of December 2021

GOBBLE, GOBBLE! HAPPY THANKSGIVING! RARE, ONE OF A KIND SPANISH STYLE TWO DETACHED HOMES ON A LOT. ADJACENT TO COLLEGE HILLS, MAR VISTA HEIGHTS, UPTOWN WHITTIER. WALKING DISTANCE TO PENN PARK, WHITTIER COLLEGE, AND UPTOWN WHITTIER RESTAURANTS, BREWERIES, AND SHOPS. NEAR SHOPPING, TRANSIT, HIKING TRAILS, AND GREENWAY TRAIL. FRONT HOUSE FEATURES: BUILT IN 1928, 2 BEDROOMS, 1 FULL BATHROOM, OPEN CONCEPT, WASHER, DRYER, DISHWASHER, GAS STOVE, REFRIGERATOR, DUAL PANE WINDOWS, HARDWOOD FLOORS, SMALL BASEMENT (GOOD FOR STORAGE), 2 CAR DETACHED GARAGE AND IS IN GREAT SHAPE! BACK HOUSE FEATURES: BRAND NEW CONSTRUCTION 2021, PRIVATE, HIGH CEILINGS, TONS OF NATURAL LIGHT, INDOOR LAUNDRY, 2 DECENT SIZE BEDROOMS, 2 BATHS, GAS STOVE, MICROWAVE, DISHWASHER, CENTRAL HEAT & AIR, BALCONY OFF LIVING ROOM WITH VIEWS OF DOWNTOWN LA, WHITTIER COLLEGE & THE HILLS. 2 DESIGNATED PARKING SPACES OFF DRIVEWAY. EACH UNIT HAS SEPARATE ELECTRICAL, GAS, AND ADDRESSES. GREAT LOCATION, GREAT INVESTMENT. COULD BE GOOD PROPERTY TO LIVE IN ONE, RENT THE OTHER OR TWO FAMILIES LIVING TOGETHER OR INCOME PROPERTY. WILL NOT LAST! PROPERTY RECENTLY APPRAISED FOR LIST PRICE.

Last Agent to Sell the Property

Paul Purunjian

Purunjian Inc. License #01417303 Listed on: 11/24/2021

Last Buyer's Agent

Jake Gordon

Compass License #01923405

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,151

Year Built

  • Built in 2021 | New Construction

Lot Details

  • 6,610 Sq Ft Lot
  • No Common Walls
  • Rectangular Lot

Parking

  • 2 Open Parking Spaces
  • 2 Car Garage

Interior Spaces

  • 1,880 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Additional Features

  • Rain Gutters
  • Suburban Location
  • Central Heating

Listing and Financial Details

  • Tax Lot 42
  • Tax Tract Number 5016
  • Assessor Parcel Number 8142001024
  • $608 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Recreation

  • Hiking Trails
  • Bike Trail

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $720
  • Insurance Expense $1,000
  • Trash Expense $960
  • Water Sewer Expense $1,800
  • New Taxes Expense $11,250
  • Operating Expense $15,730
  • Gross Income $60,000
  • Net Operating Income $44,270

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,151

Year Built

Built in 2021 | New Construction

Lot Details

0

Parking

2

Listing Details

  • Price Per Unit: 487500
  • Property Attached: No
  • Water Sewer Expenses: 1800.00
  • Zoning: WHR3YY
  • New Construction: Yes
  • Property Type: Residential Income
  • Gardener Expense: 720.00
  • Parcel Number: 8142001024
  • Year Built: 2021
  • Special Features: NewHome
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 521.28

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Trash Expense: 960.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Hiking, Gutters, Sidewalks, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Rectangular Lot
  • Lot Size Sq Ft: 6610.00
  • Lot Size Acres: 0.1517

Multi Family

  • Gross Income: 60000.00
  • Gross Scheduled Income: 60000.00
  • Insurance Expense: 1000.00
  • Lot Size Area: 6610.0000 Square Feet
  • Net Operating Income: 44270.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 15730.00
  • Rent Control: No
  • Total Actual Rent: 5000.00
  • Total Expenses: 15730.00

Tax Info

  • New Taxes Expense: 11250.00
  • Tax Census Tract: 5016.00
  • Tax Lot: 42
  • Tax Tract Number: 5016
  • TaxOtherAnnualAssessmentAmount: 608.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 24, 2021
Closed on
Dec 9, 2021
Sold by
Purunjian Paul N and Purunjian Carrie
Bought by
Mendez Michael Anthony
Seller's Agent
Paul Purunjian
Purunjian Inc.
Buyer's Agent
Jake Gordon
Compass
List Price
$975,000
Sold Price
$980,000
Premium/Discount to List
$5,000
0.51%
Current Estimated Value
$1,105,630

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$125,630
Avg. Annual Appreciation
3.42%
Original Mortgage
$704,000
Outstanding Balance
$649,061
Interest Rate
2.98%
Mortgage Type
New Conventional
Estimated Equity
$456,569

Purchase Details

Closed on
Oct 23, 2019
Sold by
Purunjian Paul N and Purunjian Carrie
Bought by
Purunjian Paul N and Purunjian Carrie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$461,500
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 18, 2018
Closed on
Aug 6, 2018
Sold by
Balitaan Jamieson
Bought by
Purunjian Paul and Purunjian Carrie
Seller's Agent
Tony Ma
Compass-Pasadena
Buyer's Agent
Paul Purunjian
Purunjian Inc.
List Price
$480,000
Sold Price
$485,000
Premium/Discount to List
$5,000
1.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.80%
Original Mortgage
$453,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 16, 2015
Sold by
Balitaan Jamieson
Bought by
Balitaan Jamieson and Balitaan May Kai Ng

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$357,367
Interest Rate
3.73%
Mortgage Type
VA

Purchase Details

Listed on
Jun 6, 2014
Closed on
Aug 6, 2014
Sold by
Drinnenberg Steve Eugene
Bought by
Balitaan Jamieson and Balitaan May Kaing
Seller's Agent
Andrew Leach
T.N.G. Real Estate Consultants
Buyer's Agent
Tony Ma
Compass-Pasadena
List Price
$375,000
Sold Price
$368,500
Premium/Discount to List
-$6,500
-1.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.62%
Original Mortgage
$358,000
Interest Rate
4.09%
Mortgage Type
VA

Purchase Details

Listed on
Jul 25, 2013
Closed on
Aug 28, 2013
Sold by
Npi Clark Llc
Bought by
Drinnenberg Steve Eugene
Seller's Agent
Amy Brick
Brick & Co Real Estate
Buyer's Agent
Andrew Leach
T.N.G. Real Estate Consultants
List Price
$329,000
Sold Price
$340,000
Premium/Discount to List
$11,000
3.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.56%
Original Mortgage
$312,103
Interest Rate
4.46%
Mortgage Type
VA

Purchase Details

Listed on
Dec 6, 2011
Closed on
Mar 23, 2012
Sold by
Allarid Dorothy
Bought by
Npi Clark Llc
Seller's Agent
Rachel Tavarez
First Team Real Estate
Buyer's Agent
Marc Shouhed
BRC Advisors Inc.
List Price
$239,000
Sold Price
$170,000
Premium/Discount to List
-$69,000
-28.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
61.29%
Original Mortgage
$5,000,000
Interest Rate
3.86%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 10, 1999
Sold by
Ventura Frank C
Bought by
Ventura Frank and Ventura Nellie
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $980,000 Fidelity National Title Co
Interfamily Deed Transfer -- Provident Title Company
Grant Deed $485,000 Stewart Title
Interfamily Deed Transfer -- First American Title Company
Grant Deed $368,500 Fidelity National Title
Grant Deed $342,500 Western Resources Title Co
Grant Deed $199,001 Western Resources Title Co
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $704,000 New Conventional
Previous Owner $649,000 New Conventional
Previous Owner $130,000 Commercial
Previous Owner $461,500 New Conventional
Previous Owner $453,000 New Conventional
Previous Owner $357,367 VA
Previous Owner $358,000 VA
Previous Owner $312,103 VA
Previous Owner $5,000,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/28/2021 12/28/21 Sold $980,000 +0.5% $521 / Sq Ft
12/07/2021 12/07/21 Pending -- -- --
11/24/2021 11/24/21 For Sale $975,000 0.0% $519 / Sq Ft
07/28/2021 07/28/21 Rented $2,500 0.0% --
07/08/2021 07/08/21 For Rent $2,500 0.0% --
09/28/2018 09/28/18 Sold $485,000 +1.0% $541 / Sq Ft
07/29/2018 07/29/18 Pending -- -- --
07/18/2018 07/18/18 For Sale $480,000 +30.3% $536 / Sq Ft
09/10/2014 09/10/14 Sold $368,500 -0.1% $411 / Sq Ft
07/15/2014 07/15/14 Price Changed $369,000 -1.6% $412 / Sq Ft
06/06/2014 06/06/14 For Sale $375,000 +10.3% $419 / Sq Ft
09/16/2013 09/16/13 Sold $340,000 +3.3% $379 / Sq Ft
07/30/2013 07/30/13 Pending -- -- --
07/25/2013 07/25/13 For Sale $329,000 +93.5% $367 / Sq Ft
04/06/2012 04/06/12 Sold $170,000 -28.9% $190 / Sq Ft
03/19/2012 03/19/12 Pending -- -- --
03/04/2012 03/04/12 For Sale $239,000 +40.6% $267 / Sq Ft
02/29/2012 02/29/12 Off Market $170,000 -- --
02/09/2012 02/09/12 Price Changed $239,000 -13.1% $267 / Sq Ft
12/06/2011 12/06/11 For Sale $275,000 -- $307 / 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 $12,151 $1,039,983 $742,845 $297,138
2024 $12,151 $1,019,592 $728,280 $291,312
2023 $11,733 $999,600 $714,000 $285,600
2022 $11,651 $980,000 $700,000 $280,000
2021 $6,287 $499,825 $399,860 $99,965
2019 $6,044 $485,000 $388,000 $97,000
2018 $4,897 $389,230 $311,385 $77,845
2017 $4,758 $381,599 $305,280 $76,319
2016 $4,720 $374,118 $299,295 $74,823
2015 $4,636 $368,500 $294,800 $73,700
2014 -- $342,500 $274,000 $68,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW21254948

California Regional Multiple Listing Service (CRMLS)

APN: 8142-001-024