NOT LISTED FOR SALE

Estimated Value: $821,000 - $1,089,000

5 Beds
3 Baths
2,184 Sq Ft
$432/Sq Ft Est. Value

Last Sold November 04, 2016

Last sale price $568,000 $260 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $5,722/month

116 Days on Market

Highlights

  • Property is near park and public transit
  • Traditional Architecture
  • Cooling System Mounted To A Wall/Window
  • California High School Rated A-
  • No HOA
  • Laundry Room

About This Home

As of November 2016

14155 Broadway, Whittier could be the ideal definition of the phrase “Bread and Butter Apartments”! Located near the intersection of Mills Avenue and Mulberry Drive this single level complex rarely has had any vacancies. 14155 Broadway is a well maintained triplex with a GREAT unit mix. The first unit is a 2 bedroom, 1 bathroom unit with washer and dryer hookups. The second unit is a 1 bedroom, 1 bathroom unit with washer and dryer hookups. The third unit is another 2 bedroom, 1 bathroom unit. There are carports on the premises for two of the tenant's parking requirements. The third tenant has a parking spot on the driveway. The current tenants are long term tenants so there is a substantial upside in the rental income. I invite you to come and see what 14155 Broadway has to offer you!

Last Agent to Sell the Property

Giuseppe Napoli

Century 21 Masters License #01279689 Listed on: 05/23/2016

Century 21 Masters

Last Buyer's Agent

Evelyn Xu

License #01474588

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Lot Details

  • 7,675 Sq Ft Lot
  • Two or More Common Walls
  • Rectangular Lot
  • Level Lot
  • Front Yard

Home Design

  • 2,184 Sq Ft Home
  • Traditional Architecture
  • Property Attached
  • Turnkey

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Parking

  • 2 Parking Spaces
  • 2 Carport Spaces
  • Parking Available
  • Paved Parking
  • Off-Site Parking

Outdoor Features

  • Exterior Lighting

Location

  • Property is near park and public transit
  • Suburban Location

Utilities

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

Listing and Financial Details

  • Tax Lot 14
  • Tax Tract Number 505
  • Assessor Parcel Number 8152006031

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $834
  • Maintenance Expense $1,108
  • Trash Expense $737
  • Water Sewer Expense $2,042
  • New Taxes Expense $8,438
  • Gross Income $2,750
  • Net Operating Income $28,521

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Water Sewer Expenses: 2042.00
  • Architectural Style: Traditional
  • Property Condition: Turnkey
  • Property Type: Residential Income
  • Parcel Number: 8152006031
  • Year Built: 1960
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Vinyl
  • Levels: One
  • Price Per Square Foot: 260.07

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 2.00
  • Parking: Yes
  • Parking Features: Carport, Concrete, Off Site
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Trash Expense: 737.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Level, Rectangular Lot, Level with Street, Park Nearby, Near Public Transit
  • Lot Size Sq Ft: 7675.00
  • Price Per Lot Square Foot: 81.43

Multi Family

  • Gross Income: 2750.00
  • Gross Scheduled Income: 33000.00
  • Insurance Expense: 834.00
  • Maintenance Expense: 1108.00
  • Net Operating Income: 28521.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 4779.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 8438.00
  • Tax Lot: 14
  • Tax Tract Number: 505

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2016
Closed on
Nov 21, 2016
Sold by
Mui Yuk Ki and Mui Katy
Bought by
Mui Yuk Ki and Mui Katy Chang
Seller's Agent
Giuseppe Napoli
Century 21 Masters
Buyer's Agent
Evelyn Xu
List Price
$675,000
Sold Price
$568,000
Premium/Discount to List
-$107,000
-15.85%
Current Estimated Value
$965,672

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$397,672
Avg. Annual Appreciation
5.65%

Purchase Details

Listed on
May 23, 2016
Closed on
Sep 16, 2016
Sold by
Licano Esther F and Licano Eriberto
Bought by
Mui Yuk Ki and Mui Katy
Seller's Agent
Giuseppe Napoli
Century 21 Masters
Buyer's Agent
Evelyn Xu
List Price
$675,000
Sold Price
$568,000
Premium/Discount to List
-$107,000
-15.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Interest Rate
3.48%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mui Yuk Ki -- Lawyers Title
Mui Yuk Ki $568,000 Ortc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mui Yuk Ki $325,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/04/2016 11/04/16 Sold $568,000 -9.1% $260 / Sq Ft
09/16/2016 09/16/16 Pending -- -- --
09/04/2016 09/04/16 Price Changed $625,000 -3.8% $286 / Sq Ft
07/12/2016 07/12/16 Price Changed $650,000 -3.7% $298 / Sq Ft
05/23/2016 05/23/16 For Sale $675,000 -- $309 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $8,479 $659,205 $406,201 $253,004
2024 $8,479 $646,281 $398,237 $248,044
2023 $8,083 $633,610 $390,429 $243,181
2022 $7,913 $621,187 $382,774 $238,413
2021 $7,759 $609,008 $375,269 $233,739
2020 $7,677 $602,765 $371,422 $231,343
2019 $7,607 $590,947 $364,140 $226,807
2018 $7,327 $579,360 $357,000 $222,360
2017 $8,308 $666,000 $351,000 $315,000
2016 $1,659 $87,352 $35,598 $51,754
2015 $1,643 $86,041 $35,064 $50,977
2014 $1,641 $84,357 $34,378 $49,979
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR16111554

California Regional Multiple Listing Service (CRMLS)

APN: 8152-006-031