NOT LISTED FOR SALE

Estimated Value: $862,000 - $1,063,000

4 Beds
2 Baths
1,838 Sq Ft
$522/Sq Ft Est. Value

Last Sold April 01, 2021

Last sale price $700,000 $381 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $6,157/month

19 Days on Market

Highlights

  • Wood Flooring
  • Cooling System Mounted To A Wall/Window
  • Landscaped
  • Private Yard
  • Laundry Room
  • 4-minute walk to William Penn Park

About This Home

As of April 2021

This is a fantastic opportunity to own a duplex in the desirable Uptown Whittier area! Two separate addresses: 13752 & 13754 Penn St. Each unit is 2 bedrooms, 1 bathroom. The property is charming: partial original hardwood floors, situated on a mature tree-lined street, classic style, a lovely shade of green exterior paint, brick accents on exterior, wide variety of plants in the landscaping (the owner got rid of the old style ivy and replaced it with much better ground cover), a huge producing orange tree in the back yard, and more! Back unit has a cozy fireplace. Both units share laundry in the two-car garage. Interiors of both units are largely original but fully functional. PLEASE BE ADVISED: Buyer needs to familiarize themselves with recent, more stringent rent control laws. Google AB1482 and similar laws as well as COVID tenant protections. Also: Please do not disturb tenants! Drive by only. Thank you! Don't miss out on this incredible opportunity to own income-producing property in an area where property values (and rents) are on the rise!

Last Agent to Sell the Property

Vance Nordine

Nordine Realty, Inc License #00786474 Listed on: 02/11/2021

Co-Listed By

Vance Nordine

Nordine Realty, Inc License #01962661

Last Buyer's Agent

Vance Nordine

Nordine Realty, Inc License #00786474 Listed on: 02/11/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,149

Year Built

  • Built in 1952

Lot Details

  • 8,433 Sq Ft Lot
  • 1 Common Wall
  • Landscaped
  • Front Yard Sprinklers
  • Private Yard

Parking

  • 2 Car Garage

Home Design

  • Property Attached
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,838 Sq Ft Home
  • Living Room with Fireplace

Kitchen

  • Gas Oven
  • Gas Range

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Location

  • Urban Location

Utilities

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

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 1691
  • Assessor Parcel Number 8142001002

Community Details

Overview

  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Gardener Expense $1,800
  • Insurance Expense $1,200
  • Professional Management Expense $3,325
  • Trash Expense $300
  • New Taxes Expense $7,813
  • Operating Expense $14,438
  • Gross Income $33,252
  • Net Operating Income $18,814

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,149

Year Built

Built in 1952

Lot Details

0

Parking

2

Listing Details

  • Professional Management Expense: 3325.00
  • Property Attached: Yes
  • Zoning: WHR2YY
  • Property Type: Residential Income
  • Gardener Expense: 1800.00
  • Parcel Number: 8142001002
  • Year Built: 1952
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Wood
  • Appliances: Yes
  • Fireplace Features: Living Room
  • Price Per Square Foot: 380.85

Exterior Features

  • Pool Private: No
  • Roof: Composition, Shingle

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Oven, Gas Range
  • Heating Type: Floor Furnace
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Trash Expense: 300.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped, Sprinklers In Front, Yard
  • Lot Size Sq Ft: 8433.00
  • Lot Size Acres: 0.1936

Multi Family

  • Gross Income: 33252.00
  • Gross Scheduled Income: 33252.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 8433.0000 Square Feet
  • Net Operating Income: 18814.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Number Wall A C: 1
  • Number With Range: 2
  • Operating Expense: 14438.00
  • Rent Control: Yes
  • Total Expenses: 14438.00

Tax Info

  • New Taxes Expense: 7813.00
  • Tax Census Tract: 5016.00
  • Tax Lot: 1
  • Tax Tract Number: 1691

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 2, 2022
Sold by
Purunjian Paul and Purunjian Carrie
Bought by
Hillcrest Living Trust
Current Estimated Value
$959,531

Purchase Details

Listed on
Feb 11, 2021
Closed on
Mar 22, 2021
Sold by
Hrowal Hedwig
Bought by
Purunjian Investments Llc
Seller's Agent
Vance Nordine
Nordine Realty, Inc
Buyer's Agent
Vance Nordine
Nordine Realty, Inc
List Price
$625,000
Sold Price
$700,000
Premium/Discount to List
$75,000
12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.41%
Original Mortgage
$705,000
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 4, 2016
Sold by
Kleemann Magdalena
Bought by
Hrowal Hedwig

Purchase Details

Closed on
Aug 26, 2004
Sold by
Kleemann Magdalena
Bought by
Kleemann Magdalena and Magdalena Kleemann Revocable Living Tr
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
Hillcrest Living Trust -- --
Purunjian Investments Llc $700,000 Fidelity National Title
Hrowal Hedwig $245,000 None Available
Kleemann Magdalena -- None Available
Kleemann Magdalena -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hillcrest Living Trust $250,000
Previous Owner Purunjian Investments Llc $705,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2021 04/01/21 Sold $700,000 0.0% $381 / Sq Ft
03/02/2021 03/02/21 Pending -- -- --
02/16/2021 02/16/21 Off Market $700,000 -- --
02/11/2021 02/11/21 For Sale $625,000 -- $340 / 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 $11,149 $925,956 $561,816 $364,140
2024 $11,149 $907,800 $550,800 $357,000
2023 $9,177 $728,280 $473,382 $254,898
2022 $8,824 $714,000 $464,100 $249,900
2021 $5,201 $390,958 $226,788 $164,170
2020 $5,090 $386,950 $224,463 $162,487
2019 $5,021 $379,363 $220,062 $159,301
2018 $4,856 $371,926 $215,748 $156,178
2016 $1,359 $66,016 $27,521 $38,495
2015 $1,333 $65,025 $27,108 $37,917
2014 $1,295 $63,752 $26,577 $37,175
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW21028205

California Regional Multiple Listing Service (CRMLS)

APN: 8142-001-002