NOT LISTED FOR SALE
36 Beds
2 Baths
14,855 Sq Ft
0.5 Acres

Last Sold August 17, 2016

Last sale price $3,525,000 $237 Per Sq Ft

34 Days on Market

About This Home

As of August 2016

The subject property is a turnkey 12-unit townhome style complex located in the strong rental market of Whittier. The building features 100% 3-bedroom / 1.5-bathroom units that sit around a large open courtyard. Unit amenities include central air and heating, fireplaces, and private patios in select units. Each unit is assigned a 2-car garage and the building has an on-site laundry facility. The property is in excellent condition, and the current rents are below market. A new owner has a fantastic opportunity to raise rents and increase cashflow.

Last Agent to Sell the Property

Nicholas Petrosian

Remax Commercial and Investment Realty License #01462598 Listed on: 04/08/2016

Remax Commercial and Investment Realty

Co-Listed By

Juan Cardenas

Remax Commercial and Investment Realty License #01233927

Remax Commercial and Investment Realty

Last Buyer's Agent

Juan Cardenas

Remax Commercial and Investment Realty License #01233927

Remax Commercial and Investment Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1985

Lot Details

  • 0.5

Parking

  • 2 Car Garage

Interior Spaces

  • 36 Bedrooms
  • 14,855 Sq Ft Home
  • 2-Story Property

Additional Features

  • 0.5 Acre Lot
  • Central Heating and Cooling System

Community Details

  • 12 Units

Listing and Financial Details

  • Assessor Parcel Number 8129-033-071

Property Details

Home Type

Multi-Family

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 14855
  • Stories: 2
  • Year Built: 1985
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 36
  • Price Per S Q F T: 259.17

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Parking Garage: Garage - 2 Car
  • Total Parking: 24

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Assessed Improvement Value: 1027603
  • Assessed Land Value: 558048
  • Assessor Parcel Number: 8129-033-071
  • Geocode Override: No
  • Lot Size Area: 21720

Multi Family

  • Unit Type: 2106
  • Gross Rent Multiplier: 16.10
  • Number Of Units: 12
  • Type Of Units: Multi-Family

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

Property History

Date Event Price List to Sale Price per Sq Ft
08/17/2016 08/17/16 Sold $3,525,000 -8.4% $237 / Sq Ft
05/12/2016 05/12/16 Pending -- -- --
04/08/2016 04/08/16 For Sale $3,850,000 -- $259 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 16-113854

The MLS