NOT LISTED FOR SALE
5 Beds
4 Baths
6,034 Sq Ft
1963 Built

Last Sold May 31, 2017

Last sale price $1,550,000 $257 Per Sq Ft

6 Days on Market

About This Home

As of May 2017

5853 Greenleaf Avenue is an eight-unit multifamily investment opportunity located in Whittier, California. Located on the southeast edge of Los Angeles County, approximately two miles from Interstate 605, the property offers easy access to job centers across Los Angeles, Orange, and Riverside Counties. Additionally, the property is just north of Historic Uptown Whittier, providing convenient walking access to entertainment, retail, quick service and casual dining options as well as museums and public parks.

Last Agent to Sell the Property

Tyler Leeson

Marcus & Millichap RE Invest License #01451551 Listed on: 05/11/2017

Last Buyer's Agent

Francesca Mauro

T.N.G. Real Estate Consultants License #01985117

T.N.G. Real Estate Consultants

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Lot Details

  • 6,970 Sq Ft Lot
  • No Common Walls
  • Landscaped

Home Design

  • 6,034 Sq Ft Home

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Parking

  • 8 Parking Spaces
  • 8 Carport Spaces

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Legal Lot and Block 5 / 2
  • Tax Tract Number 501503
  • Assessor Parcel Number 8135015018

Community Details

Overview

  • 8 Units

Building Details

  • 8 Leased Units
  • 8 Separate Electric Meters
  • 8 Separate Gas Meters
  • Electric Expense $1,644
  • Insurance Expense $2,400
  • Maintenance Expense $4,000
  • Other Expense $5,500
  • Professional Management Expense $2,100
  • Trash Expense $1,644
  • Water Sewer Expense $1,644
  • New Taxes Expense $18,342
  • Operating Expense $38,918
  • Gross Income $93,660
  • Net Operating Income $51,961

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Professional Management Expense: 2100.00
  • Property Attached: No
  • Water Sewer Expenses: 1644.00
  • Zoning: WHR4*
  • Property Type: Residential Income
  • Parcel Number: 8135015018
  • Year Built: 1963
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 256.88

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 8.00
  • Total Parking Spaces: 8.00

Utilities

  • Sewer: Public Sewer
  • Trash Expense: 1644.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped
  • Lot Size Sq Ft: 6969.60

Multi Family

  • Electric Expense: 1644.00
  • Gross Income: 93660.00
  • Gross Operating Income: 90879.00
  • Gross Scheduled Income: 93660.00
  • Insurance Expense: 2400.00
  • Maintenance Expense: 4000.00
  • Net Operating Income: 51961.00
  • Number Of Separate Electric Meters: 8
  • Number Of Separate Gas Meters: 8
  • Number Of Units Leased: 8
  • Number Of Units Total: 8
  • Operating Expense: 38918.00
  • Other Expense: 5500.00
  • Rent Control: No
  • Total Actual Rent: 7725.00
  • Total Expenses: 38918.00
  • Vacancy Allowance Rate: 3.00

Tax Info

  • New Taxes Expense: 18342.00
  • Tax Block: 2
  • Tax Census Tract: 5015.03
  • Tax Lot: 5
  • Tax Tract Number: 501503

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
05/31/2017 05/31/17 Sold $1,550,000 -3.1% $257 / Sq Ft
05/17/2017 05/17/17 Pending -- -- --
05/11/2017 05/11/17 For Sale $1,600,000 -- $265 / 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: OC17104179

California Regional Multiple Listing Service (CRMLS)