NOT LISTED FOR SALE

Estimated Value: $1,213,000 - $1,450,713

4 Beds
6 Baths
2,920 Sq Ft
$449/Sq Ft Est. Value

Sale Details

Date Sold: September 24, 2021

Last sale price $1,260,000 $432 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $8,409 / mo

131 Days on Market

About This Home

As of September 2021

We are pleased to offer for sale this 6 unit multi-family investment located in the highly desirable rental community of "Uptown" Whittier. Located in a primarily single family residential neighborhood, but just minutes to shops, dining, and various retail, "Uptown" Whittier offers a Grade A location for tenants looking for convenience and entertainment. The subject property is attractively priced at a 5.48% current CAP Rate, and 13.2 GRM, taking into account the current rental rates in place. The unit mix is comprised of 1(2Bed/1Bath), 2 (1Bed/1Bath)s, and 3 Studio units. Each unit is separately metered for electricity and gas, and the tenants enjoy onsite garage parking. Some upgrades have been made to the interiors of the units such as laminate floors and granite counters.

Last Agent to Sell the Property

Kristopher German

RE/MAX 2000 REALTY License #01800021 Listed on: 04/01/2021

RE/MAX 2000 REALTY

Last Buyer's Agent

Vincent Cook

Kidder Mathews of California, Inc License #02012324

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1940

Lot Details

  • 6,629 Sq Ft Lot
  • Two or More Common Walls
  • Density is 6-10 Units/Acre

Parking

  • 5 Car Garage

Home Design

  • 2,920 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 6 Bathrooms

Outdoor Features

  • Rain Gutters

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Legal Lot and Block 3 / I
  • Tax Tract Number 30
  • Assessor Parcel Number 8139001030

Community Details

Overview

  • 2 Buildings
  • 6 Units

Building Details

  • 6 Leased Units
  • Rent Control
  • 6 Separate Electric Meters
  • 6 Separate Gas Meters
  • 1 Separate Water Meter
  • Fuel Expense $1,200
  • Insurance Expense $1,168
  • Maintenance Expense $3,000
  • Other Expense $900
  • Trash Expense $1,500
  • Water Sewer Expense $1,740
  • New Taxes Expense $14,318
  • Operating Expense $23,826
  • Gross Income $96,600
  • Net Operating Income $69,876

Property Details

Home Type

Multi-Family

Year Built

Built in 1940

Lot Details

6,629 Sq Ft Lot

Parking

5

Listing Details

  • CapRate: 5.48
  • Property Attached: Yes
  • Water Sewer Expenses: 1740.00
  • Zoning: WHC0UD*
  • Property Type: Residential Income
  • Parcel Number: 8139001030
  • Year Built: 1940
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 431.51

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 5.00
  • Total Parking Spaces: 5.00

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Trash Expense: 1500.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 6-10 Units/Acre, Lot 6500-9999
  • Lot Size Sq Ft: 6629.00
  • Lot Size Acres: 0.1522

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Fuel Expense: 1200.00
  • Gross Income: 96600.00
  • Gross Multiplier: 13.20
  • Gross Operating Income: 93702.00
  • Gross Scheduled Income: 96600.00
  • Insurance Expense: 1168.00
  • Lot Size Area: 6629.0000 Square Feet
  • Maintenance Expense: 3000.00
  • Net Operating Income: 69876.00
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 6
  • Number Of Units Total: 6
  • Operating Expense: 23826.00
  • Other Expense: 900.00
  • Other Expense Description: Reserves
  • Rent Control: Yes
  • Total Actual Rent: 8050.00
  • Total Expenses: 23826.00

Tax Info

  • New Taxes Expense: 14318.00
  • Tax Block: I
  • Tax Census Tract: 5015.04
  • Tax Lot: 3
  • Tax Tract Number: 030

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2020
Closed on
Nov 20, 2020
Sold by
Bought by
Seller's Agent
Gina Miller
King Realty Group Inc
Buyer's Agent
General NONMEMBER
NONMEMBER MRML
List Price
$1,100,000
Sold Price
$955,000
Premium/Discount to List
-$145,000
-13.18%
Current Estimated Value
$1,309,678

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$354,678
Avg. Annual Appreciation
5.78%

Purchase Details

Closed on
Jun 25, 2018
Sold by
Bought by

Purchase Details

Closed on
Feb 21, 2017
Sold by
Bought by

Purchase Details

Closed on
Apr 2, 2013
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
3.51%
Mortgage Type
Construction

Purchase Details

Closed on
Mar 18, 2009
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.15%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 15, 2007
Sold by
Bought by

Purchase Details

Closed on
Sep 10, 1999
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,000
Interest Rate
8.09%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Sep 9, 1999
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,000
Interest Rate
8.09%
Mortgage Type
Seller Take Back
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$955,000 Ticor Ttl Orange Cnty Branch
-- None Available
-- None Available
-- None Available
-- None Available
-- Ortc
-- None Available
$265,000 Old Republic Title Company
$336,983 Benefit Land Title Ins Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $250,000
Previous Owner $100,000
Previous Owner $255,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/24/2021 09/24/21 Sold $1,260,000 -1.2% $432 / Sq Ft
08/10/2021 08/10/21 Pending -- -- --
06/30/2021 06/30/21 For Sale $1,275,000 +1.2% $437 / Sq Ft
06/30/2021 06/30/21 Off Market $1,260,000 -- --
06/30/2021 06/30/21 For Sale $1,295,000 0.0% $443 / Sq Ft
06/24/2021 06/24/21 Pending -- -- --
06/03/2021 06/03/21 For Sale $1,295,000 0.0% $443 / Sq Ft
05/26/2021 05/26/21 Pending -- -- --
04/28/2021 04/28/21 Price Changed $1,295,000 -1.9% $443 / Sq Ft
04/22/2021 04/22/21 For Sale $1,320,000 0.0% $452 / Sq Ft
04/16/2021 04/16/21 Pending -- -- --
04/01/2021 04/01/21 For Sale $1,320,000 +38.2% $452 / Sq Ft
12/15/2020 12/15/20 Sold $955,000 -13.2% $327 / Sq Ft View Prior Sale
11/17/2020 11/17/20 Pending -- -- --
11/16/2020 11/16/20 For Sale $1,100,000 0.0% $377 / Sq Ft
11/10/2020 11/10/20 Pending -- -- --
08/29/2020 08/29/20 For Sale $1,100,000 0.0% $377 / Sq Ft
08/23/2020 08/23/20 Pending -- -- --
08/22/2020 08/22/20 Price Changed $1,100,000 -8.3% $377 / Sq Ft
08/03/2020 08/03/20 Price Changed $1,200,000 -4.0% $411 / Sq Ft
06/29/2020 06/29/20 For Sale $1,250,000 -- $428 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $17,505 $1,337,120 $735,416 $601,704
2024 $16,065 $1,310,903 $720,997 $589,906
2023 $16,070 $1,285,200 $706,860 $578,340
2022 $15,528 $1,260,000 $693,000 $567,000
2021 $12,003 $955,000 $573,000 $382,000
2020 $5,406 $372,405 $168,635 $203,770
2019 $5,406 $365,104 $165,329 $199,775
2018 $5,354 $357,946 $162,088 $195,858
2017 $5,071 $350,928 $158,910 $192,018
2016 $5,029 $344,048 $155,795 $188,253
2015 $4,959 $338,881 $153,455 $185,426
2014 $4,894 $332,244 $150,450 $181,794
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV21067959

California Regional Multiple Listing Service (CRMLS)

APN: 8139-001-030

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