NOT LISTED FOR SALE
3 Beds
2 Baths
3,396 Sq Ft
6,908 Sq Ft Lot

Last Sold November 04, 2020

Last sale price $1,100,000 $324 Per Sq Ft

28 Days on Market

Highlights

  • Wood Flooring
  • Fireplace
  • Laundry Room
  • California High School Rated A-
  • Cooling Available
  • Heating Available

About This Home

As of November 2020

We are proud to offer 14030 Dicky Street, a 5-unit apartment property comprised of a bungalow-style layout with majority single-story units located in the highly desirable city of Whittier, California. This value-add opportunity is perfect for an investor looking to acquire an apartment property and maximize its income potential. The property has been under the same ownership since 2005 and since then, is the first time being offered for sale. Buyers can quickly add value and increase income by modernizing the unit(s). With only a short distance from PIH Whittier Hospital and Whittier Medical Center it is within excellent proximity to many inevitabilities. The property features one two-bedroom unit and four onebedroom
units. Four of the five total units feature polished hardwood floors, granite counters and tiled kitchen/restroom.
The two-bedroom unit is equipped with a private balcony and enjoys copper water lines and ABS drain lines. There is a back alley surrounded by brick wall which provides tenants access to six (6) garages. Each tenant enjoys one single car garage and there is an extra for the owner which can be rented for additional income. The property has dual pane windows and possibility to add a front yard area for each of the one-bedroom units. There is a prime opportunity for new ownership to do complete unit upgrades and maximize its income potential.

Last Agent to Sell the Property

Matthew Guerra

KW Executive License #02022646 Listed on: 09/14/2020

KW Executive

Last Buyer's Agent

bing hou

IRN Realty License #01026586

IRN Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1956

Lot Details

  • 6,908 Sq Ft Lot
  • 1 Common Wall
  • Density is 2-5 Units/Acre

Parking

  • 6 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Property Attached

Interior Spaces

  • 3,396 Sq Ft Home
  • Fireplace
  • Wood Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Utilities

  • Cooling Available
  • Heating Available
  • Natural Gas Connected
  • Septic Type Unknown

Additional Features

  • Exterior Lighting
  • Suburban Location

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 9
  • Tax Tract Number 20256
  • Assessor Parcel Number 8156011019

Community Details

Overview

  • 2 Buildings
  • 5 Units

Building Details

  • 6 Separate Electric Meters
  • 6 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,019
  • Trash Expense $1,440
  • Water Sewer Expense $3,000
  • New Taxes Expense $12,495
  • Operating Expense $22,904
  • Gross Income $79,800
  • Net Operating Income $55,418

Property Details

Home Type

Multi-Family

Year Built

Built in 1956

Lot Details

0

Parking

6

Listing Details

  • CapRate: 5.00
  • Price Per Unit: 220000
  • Property Attached: Yes
  • Water Sewer Expenses: 3000.00
  • Zoning: LCC1*
  • Property Type: Residential Income
  • Parcel Number: 8156011019
  • Year Built: 1956
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Common Walls: 1 Common Wall
  • Flooring: Wood
  • Price Per Square Foot: 323.91

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 6.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Laundry Features: In Garage
  • Sewer: Public Sewer, Unknown
  • Trash Expense: 1440.00
  • Water Source: Public
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 6908.00
  • Lot Size Acres: 0.1586

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 79800.00
  • Gross Multiplier: 14.17
  • Gross Scheduled Income: 79800.00
  • Insurance Expense: 1019.00
  • Laundry Income: 120.00
  • Lot Size Area: 6908.0000 Square Feet
  • Net Operating Income: 55418.00
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 5
  • Operating Expense: 22904.00
  • Rent Control: No
  • Total Expenses: 22904.00

Tax Info

  • New Taxes Expense: 12495.00
  • Tax Census Tract: 5032.02
  • Tax Lot: 9
  • Tax Tract Number: 20256

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 List to Sale Price per Sq Ft
11/04/2020 11/04/20 Sold $1,100,000 0.0% $324 / Sq Ft
10/12/2020 10/12/20 Pending -- -- --
09/14/2020 09/14/20 For Sale $1,100,000 -- $324 / 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: AR20191444

California Regional Multiple Listing Service (CRMLS)