$1,675,000
SOLD JAN 17, 2018
14 Beds
9 Baths
6,020 Sq Ft
7,708 Sq Ft Lot

Recently Sold

$278 Per Sq Ft

3% Below List Price

About This Home

As of October 2018

The subject property being offered for sale is a 9-unit apartment building located in the non-rent controlled city of Whittier. The property presents an excellent opportunity to add value through raising rents and increasing cash flow.

Last Agent to Sell the Property

Nicholas Petrosian

Remax Commercial and Investment Realty License #01462598 Listed on: 11/06/2017

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 1960

Lot Details

  • 7,708 Sq Ft Lot

Parking

  • 9 Car Garage

Interior Spaces

  • 6,020 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 14 Bedrooms
  • 9 Bathrooms

Community Details

  • 9 Units

Listing and Financial Details

  • Assessor Parcel Number 8140-006-031

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 6020
  • Stories: 2
  • Year Built: 1960
  • Number Of Photos: 4
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 14
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 9.00
  • Den: 0
  • Price Per S Q F T: 286.54

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: Garage
  • Total Parking: 9

Lot Info

  • Assessed Improvement Value: 173000
  • Assessed Land Value: 31027
  • Assessor Parcel Number: 8140-006-031
  • Geocode Override: No
  • Lot Size Area: 7708

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 26.30
  • Number Of Units: 9
  • Total Annual Expense: 45159
  • Type Of Units: Multi-Family
  • Vacancy Rate: 1%

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Range of Values:

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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 Change Sq Ft Price
10/19/2018 10/19/18 Sold $1,950,000 -6.9% $324 / Sq Ft
07/14/2018 07/14/18 Pending -- -- --
06/14/2018 06/14/18 Price Changed $2,095,000 -4.8% $348 / Sq Ft
05/14/2018 05/14/18 For Sale $2,200,000 +31.3% $365 / Sq Ft
01/17/2018 01/17/18 Sold $1,675,000 -2.9% $278 / Sq Ft
11/06/2017 11/06/17 Pending -- -- --
11/06/2017 11/06/17 For Sale $1,725,000 -- $287 / 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: 17-287384

The MLS