NOT LISTED FOR SALE

Estimated Value: $1,095,000 - $1,301,978

5 Beds
4 Baths
3,096 Sq Ft
$381/Sq Ft Est. Value

Last Sold March 06, 2015

Last sale price $710,000 $229 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $6,785/month

12 Days on Market

About This Home

As of March 2015

Beautiful historic trophy property located in Uptown Whittier. The Edward Guirado house was built in 1905 by architect-contractor James Stewart in late Victorian style. The property consists of 3,096 square feet on a 9,797 square foot lot that is beautifully landscaped. In 1922, the property was converted to apartment units and consists of 4 units, (1) 2bd/1bth unit, and (3) 1bd/1bth units. The units have tons of character and charm. The property includes (1) two car garage, (1) one car garages, and (4) additional carport parking spaces. Rents are substantially below market. The property is separately metered for gas and electricity. Additionally, there is a full basement that includes extra tenant storage and laundry facility. This property is an excellent example of late Victorian style architecture and has been impeccably maintained by the current owners. The subject property is part of the Whittier Historic district and eligible for the 1972 Mills Act, which would give potential purchasers substantial property tax savings. This is a one of a kind property and a great investment opportunity. You won't be disappointed as the owners have maintained the property with lots of love and care.

Last Agent to Sell the Property

Spencer Pabst

Pabst, Kinney & Associates License #01849377 Listed on: 01/14/2015

Last Buyer's Agent

Spencer Pabst

Pabst, Kinney & Associates License #01849377 Listed on: 01/14/2015

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1905

Lot Details

  • 9,800 Sq Ft Lot
  • Property fronts an alley
  • 1 Common Wall
  • Private Yard
  • Back Yard

Parking

  • 2 Car Garage
  • 4 Carport Spaces
  • Parking Available
  • Rear-Facing Garage
  • Two Garage Doors

Home Design

  • 3,096 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 2
  • Tax Tract Number 5015
  • Assessor Parcel Number 8135013014

Community Details

Overview

  • 4 Units

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $3,095

Property Details

Home Type

Multi-Family

Year Built

Built in 1905

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • Road Frontage Type: Alley, City Street
  • Property Type: Residential Income
  • Parcel Number: 8135013014
  • Year Built: 1905
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Levels: Two
  • Price Per Square Foot: 229.33

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 4.00
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage Faces Rear, Garage - Single Door, Garage - Two Door
  • Total Parking Spaces: 7.00

Utilities

  • Utilities: Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights

Lot Info

  • Lot Features: Back Yard, Yard
  • Lot Size Sq Ft: 9800.00
  • Lot Size Acres: 0.2250

Multi Family

  • Gross Income: 3095.00
  • Gross Scheduled Income: 37140.00
  • Lot Size Area: 9800.0000 Square Feet
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Rent Control: No
  • Total Actual Rent: 3095.00

Tax Info

  • Tax Lot: 2
  • Tax Tract Number: 5015
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 25, 2016
Sold by
Mauro Loreto
Bought by
Mussomeli Inc
Current Estimated Value
$1,180,745

Purchase Details

Closed on
Jan 19, 2016
Sold by
Mussomeli Inc
Bought by
Mauro Loreto and Mauro Francesca

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$516,000
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 14, 2015
Closed on
Feb 27, 2015
Sold by
Mauro Loreto
Bought by
Mussomeli Inc
Seller's Agent
Spencer Pabst
Pabst, Kinney & Associates
Buyer's Agent
Spencer Pabst
Pabst, Kinney & Associates
List Price
$695,000
Sold Price
$710,000
Premium/Discount to List
$15,000
2.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.80%
Original Mortgage
$496,000
Interest Rate
3.57%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Jan 14, 2015
Closed on
Feb 2, 2015
Sold by
Martin Wayne Richard
Bought by
Mauro Loreto and Mauro Francesca
Seller's Agent
Spencer Pabst
Pabst, Kinney & Associates
Buyer's Agent
Spencer Pabst
Pabst, Kinney & Associates
List Price
$695,000
Sold Price
$710,000
Premium/Discount to List
$15,000
2.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$496,000
Interest Rate
3.57%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Mussomeli Inc -- None Available
Mauro Loreto -- Lawyers Title Insurance Co
Mussomeli Inc -- None Available
Mauro Loreto $710,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mauro Loreto $516,000
Previous Owner Mauro Loreto $496,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/06/2015 03/06/15 Sold $710,000 +2.2% $229 / Sq Ft
01/26/2015 01/26/15 Pending -- -- --
01/14/2015 01/14/15 For Sale $695,000 -- $224 / 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 $7,400 $534,000 $299,000 $235,000
2024 $7,400 $534,000 $299,000 $235,000
2023 $8,000 $587,000 $329,000 $258,000
2022 $10,095 $778,000 $438,000 $340,000
2021 $9,581 $732,000 $412,000 $320,000
2020 $8,902 $673,000 $379,000 $294,000
2019 $7,751 $567,000 $320,000 $247,000
2018 $6,883 $496,000 $280,000 $216,000
2016 $9,325 $720,827 $406,100 $314,727
2015 $3,858 $242,946 $165,255 $77,691
2014 $3,859 $238,188 $162,018 $76,170
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW15009352

California Regional Multiple Listing Service (CRMLS)

APN: 8135-013-014