NOT LISTED FOR SALE

Estimated Value: $974,000 - $1,138,000

4 Beds
3 Baths
2,316 Sq Ft
$449/Sq Ft Est. Value

Last Sold October 15, 2020

Last sale price $780,000 $337 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $6,609/month

10 Days on Market

Highlights

  • No HOA
  • Level Lot
  • 5-minute walk to Central Park
  • Laundry Room
  • Gravity Heating System

About This Home

As of October 2020

What a great opportunity!! This property is perfect for an investor or owner occupancy to live in the front house with 3 bedrooms 1.5 baths and rent out the two back units with one bedroom, .75 bath each. There are two, 2 car garages plus a workshop area that could be turned into a 5th garage space. All units have wood floors. The front house has copper plumbing, a porch, inside laundry, basement, gravity heat and a large private back yard. This property is an easy walk to Whittier collage, and Uptown Whittier.

Last Agent to Sell the Property

Debby Kelley

Century 21 Cornerstone License #01008302 Listed on: 08/31/2020

Last Buyer's Agent

Sana Majeed

Redfin Corporation License #02080883

Redfin Corporation

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,317

Year Built

  • Built in 1905

Lot Details

  • 6,003 Sq Ft Lot
  • Lot Dimensions are 122x49
  • 1 Common Wall
  • Level Lot

Parking

  • 4 Car Garage

Home Design

  • 2,316 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen

Utilities

  • Wall Furnace
  • Gravity Heating System

Listing and Financial Details

  • Tax Lot 9
  • Tax Tract Number 5015
  • Assessor Parcel Number 8139021007

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units

Building Details

  • Rent Control
  • 3 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Insurance Expense $2,500
  • Trash Expense $1,000
  • Water Sewer Expense $1,200
  • New Taxes Expense $9,375
  • Operating Expense $10,575
  • Gross Income $57,600
  • Net Operating Income $47,025

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,317

Year Built

Built in 1905

Lot Details

0

Parking

4

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 1200.00
  • Property Type: Residential Income
  • Parcel Number: 8139021007
  • Year Built: 1905
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Levels: Two
  • Price Per Square Foot: 336.79

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace, Gravity
  • Laundry Features: In Kitchen
  • Sewer: Public Sewer
  • Trash Expense: 1000.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Land Lease: No
  • Lot Features: Level with Street, Level
  • Lot Size: 122x49
  • Lot Size Sq Ft: 6003.00
  • Lot Size Acres: 0.1378

Multi Family

  • Average1 Bed Area: 450 Square Feet
  • Average3 Bed Area: 1348 Square Feet
  • Gross Income: 57600.00
  • Gross Scheduled Income: 57600.00
  • Insurance Expense: 2500.00
  • Lot Size Area: 6003.0000 Square Feet
  • Net Operating Income: 47025.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 10575.00
  • Other Income Description: Income & expenses R estimates
  • Rent Control: Yes
  • Total Expenses: 10575.00

Tax Info

  • New Taxes Expense: 9375.00
  • Tax Lot: 9
  • Tax Tract Number: 5015.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2020
Closed on
Sep 15, 2020
Sold by
Bruns Lee
Bought by
Land Garland Tally and Libron Edsel Uy
Seller's Agent
Debby Kelley
Century 21 Cornerstone
Buyer's Agent
Sana Majeed
Redfin Corporation
List Price
$750,000
Sold Price
$780,000
Premium/Discount to List
$30,000
4%
Current Estimated Value
$1,040,976

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$260,976
Avg. Annual Appreciation
6.21%
Original Mortgage
$620,000
Outstanding Balance
$552,702
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$488,274

Purchase Details

Closed on
Dec 13, 1994
Sold by
Gallant Francis J
Bought by
Gallant Francis J and The Revocable Francis J Gallan

Purchase Details

Closed on
Nov 15, 1993
Sold by
Gallant Francis J and Gallant Patsy A
Bought by
Gallant Francis J and Gallant Patsy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,000
Interest Rate
5.85%
Source: Public Records

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

Purchase History

Date Buyer Sale Price Title Company
Land Garland Tally $780,000 Orange Coast Title Company
Gallant Francis J -- --
Gallant Francis J -- Investors Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Land Garland Tally $620,000
Previous Owner Gallant Francis J $111,000
Previous Owner Gallant Francis J $122,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2020 10/15/20 Sold $780,000 +4.0% $337 / Sq Ft
08/31/2020 08/31/20 For Sale $750,000 -- $324 / 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 $10,317 $844,294 $548,791 $295,503
2024 $10,317 $827,740 $538,031 $289,709
2023 $10,250 $811,511 $527,482 $284,029
2022 $9,932 $795,600 $517,140 $278,460
2021 $9,759 $780,000 $507,000 $273,000
2020 $2,965 $169,533 $94,709 $74,824
2019 $2,959 $166,213 $92,852 $73,361
2018 $2,793 $162,959 $91,032 $71,927
2016 $2,728 $156,442 $87,499 $68,943
2015 $2,660 $154,093 $86,185 $67,908
2014 $2,603 $151,075 $84,497 $66,578
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW20174907

California Regional Multiple Listing Service (CRMLS)

APN: 8139-021-007