NOT LISTED FOR SALE
21 Beds
17 Baths
12,472 Sq Ft
0.32 Acres

Last Sold December 17, 2020

Last sale price $4,150,000 $333 Per Sq Ft

89 Days on Market

Highlights

  • 0.32 Acre Lot
  • No HOA
  • Shutters
  • Contemporary Architecture
  • Hiking Trails
  • 3-minute walk to Hellman Park

About This Home

As of December 2020

Location! Location! Condition! These Units Have it all. This Complex is located in a very desirable area of Whittier. Units have been Upgraded on the Interior/ exterior within the last 18 months. Finished and Occupancy was started in March 2019. Dual Glaze Low E windows. Laminate flooring Living Room, Dining Area, Kitchen&Hallways.Carpet in Bedrooms. The kitchen features Whirlpool appliances, Stove, Dishwasher, Vent Hood, and Garbage Disposals and also under-mount stainless steel sinks. Tenants provide there own Refrigerator. All new Kitchen cabinets and countertops. Mini Blinds Throughout. Newer Lighting and Ceiling Fans in Bedrooms. Copper Plumbing, All Bathrooms have New Tubs, new light fixtures, new faucets, New Porcelain sinks. New coper Plumbing, New drain line that ties in at Alley. All units have Friedrich Ductless Split Air/Heat Systems. 2 newer Electrical Panels ( 1 for each side of the Building ) Each Unit is 80 amps panels. Tenants only pay Electric. There are assigned 8 Carports. The 3 Bedrooms have 2 car garage included. There are 9 garages some being used. The 1 Bedroom front of the Building and has a 1 car garage for there use. The Exterior landscaping, lighting, CC security cameras. New stucco and Windows. On-site Laundry with 2 Washers/ 2 Dryers for Tenants convince. Has so much to offer a new owner as This owner has saved you lots of money. The street is Permit Parking which allows the tenants extra parking. 2 units pay for a 1 car garage

Last Agent to Sell the Property

Ruth Shan

Jeanne Muhlestein, Broker License #00797895 Listed on: 07/04/2020

Last Buyer's Agent

Lee Kam

Sunny Hills Real Estate, Inc. License #01119308

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1974

Lot Details

  • 0.32 Acre Lot
  • Property fronts an alley
  • 1 Common Wall
  • West Facing Home
  • Fenced
  • Fence is in average condition
  • Drip System Landscaping

Parking

  • 9 Car Garage
  • 8 Carport Spaces
  • Parking Available
  • Assigned Parking

Home Design

  • Contemporary Architecture
  • Apartment
  • Turnkey
  • Rolled or Hot Mop Roof

Interior Spaces

  • 12,472 Sq Ft Home
  • Ceiling Fan
  • Double Pane Windows
  • Shutters
  • Blinds
  • Living Room
  • Laundry Room

Kitchen

  • Gas Oven
  • Self-Cleaning Oven
  • Free-Standing Range
  • Microwave
  • Dishwasher
  • Formica Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 21 Bedrooms
  • Mirrored Closets Doors
  • 17 Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Accessible Home Design

  • Doors swing in
  • No Interior Steps

Utilities

  • Cooling System Mounted To A Wall/Window
  • Combination Of Heating Systems
  • Natural Gas Connected
  • Central Water Heater
  • Phone Available
  • Cable TV Available

Additional Features

  • Exterior Lighting
  • Suburban Location

Listing and Financial Details

  • Tenant pays for electricity
  • Legal Lot and Block 15 / 4
  • Tax Tract Number 5105
  • Assessor Parcel Number 8135016027

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 12 Units

Amenities

  • Laundry Facilities

Recreation

  • Hiking Trails
  • Bike Trail

Building Details

  • 13 Leased Units
  • 12 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Cable TV Expense $1,020
  • Electric Expense $4,368
  • Gardener Expense $1,200
  • Insurance Expense $4,100
  • Maintenance Expense $1,000
  • Other Expense $1,891
  • Professional Management Expense $19,291
  • Trash Expense $4,168
  • Water Sewer Expense $4,200
  • New Taxes Expense $52,000
  • Operating Expense $91,573
  • Gross Income $2,400

Property Details

Home Type

Multi-Family

Year Built

Built in 1974

Lot Details

0

Parking

9

Listing Details

  • Assessments: Yes
  • Improvements Percent: 49.00
  • Professional Management Expense: 19291.00
  • Property Attached: Yes
  • Road Frontage Type: Alley, City Street
  • Road Surface Type: Maintained
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: No
  • Water Sewer Expenses: 4200.00
  • Zoning: WHR4*
  • Architectural Style: Contemporary
  • Property Condition: Turnkey
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 8135016027
  • Year Built: 1974
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Ceiling Fan(s), Formica Counters
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Laminate
  • Accessibility Features: Doors - Swing In, No Interior Steps
  • Appliances: Yes
  • Door Features: Mirror Closet Door(s)
  • Levels: Two
  • Price Per Square Foot: 332.75
  • Room Type: Kitchen, Living Room, Master Bathroom, Master Bedroom
  • Window Features: Blinds, Double Pane Windows, Shutters

Exterior Features

  • Direction Faces: West
  • Exterior Features: Lighting
  • Fence: Yes
  • Fencing: Average Condition
  • Pool Private: No
  • Roof: Rolled/Hot Mop
  • Spa: No

Garage/Parking

  • Carport Spaces: 8.00
  • Garage Spaces: 9.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 17.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Free-Standing Range, Disposal, Gas Oven, Microwave, Self Cleaning Oven, Water Heater Central
  • Electric: Electricity - On Property
  • Heating Type: Combination
  • Laundry Features: Common Area, Community, Individual Room
  • Sewer: Public Sewer
  • Trash Expense: 4168.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Biking, Curbs, Hiking, Sidewalks, Street Lights, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 10000-19999 Sqft, Sprinklers Drip System
  • Lot Size Sq Ft: 13994.00
  • Lot Size Acres: 0.3213

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Cable TV Expense: 1020.00
  • Electric Expense: 4368.00
  • Gross Income: 2400.00
  • Gross Scheduled Income: 262740.00
  • Insurance Expense: 4100.00
  • Laundry Equipment Own Lease: Own
  • Laundry Income: 200.00
  • Lot Size Area: 13994.0000 Square Feet
  • Maintenance Expense: 1000.00
  • Number Of Separate Electric Meters: 12
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 13
  • Number Of Units Total: 12
  • Number With Carpet: 12
  • Number With Dishwasher: 12
  • Number With Disposal: 12
  • Number With Range: 12
  • Number With Refrigerator: 1
  • Other Expense: 1891.00
  • Other Expense Description: gas
  • Rent Control: No
  • Total Actual Rent: 24265.00
  • Total Expenses: 91573.00
  • Vacancy Allowance Rate: 3.00

Tax Info

  • New Taxes Expense: 52000.00
  • Tax Area: 9642
  • Tax Block: 4
  • Tax Census Tract: 5015.03
  • Tax Lot: 15
  • Tax Tract Number: 5105

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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
12/17/2020 12/17/20 Sold $4,150,000 -3.5% $333 / Sq Ft
10/01/2020 10/01/20 Pending -- -- --
07/05/2020 07/05/20 Price Changed $4,300,000 -90.0% $345 / Sq Ft
07/04/2020 07/04/20 For Sale $43,000,000 -- $3,448 / 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 $58,729 $4,492,092 $2,695,255 $1,796,837
2024 $54,158 $4,404,012 $2,642,407 $1,761,605
2023 $53,171 $4,317,660 $2,590,596 $1,727,064
2022 $52,172 $4,233,000 $2,539,800 $1,693,200
2021 $51,001 $4,150,000 $2,490,000 $1,660,000
2020 $29,834 $2,294,764 $1,132,851 $1,161,913
2019 $598 $2,197,452 $1,110,639 $1,086,813
2018 $9,789 $464,269 $62,890 $401,379
2016 $9,160 $445,666 $60,449 $385,217
2015 $9,096 $438,972 $59,541 $379,431
2014 $8,817 $430,374 $58,375 $371,999
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW20130663

California Regional Multiple Listing Service (CRMLS)