NOT LISTED FOR SALE
6 Beds
6 Baths
2,922 Sq Ft
7,000 Sq Ft Lot

Last Sold April 25, 2014

Last sale price $600,000 $205 Per Sq Ft

276 Days on Market

Highlights

  • No HOA
  • Carpet
  • Back Yard
  • Central Heating

About This Home

As of April 2014

Back on the Market! Remodeled, near downtown Whittier, this great traditional building has the charm of an old craftsman style home. 5 single units and one detached unit at the rear, this building will be an income earner for a very long time. Recently remodeled, this building produces a great cap rate, and has a lot of curb appeal. Hurry, won’t last! Back unit, unit 3 and 4 (total of 3 units) were extensively remodeled. Granite kitchen counters, new paint and carpet as well. All units leased. This is legally a 5 unit property.

Last Agent to Sell the Property

Sunil Mehta

Laurus Realty License #01485497 Listed on: 01/23/2014

Last Buyer's Agent

JAVIER RAMIREZ

RE/MAX INNOVATIONS License #01233369

RE/MAX INNOVATIONS

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1907

Lot Details

  • 7,000 Sq Ft Lot
  • Desert faces the front of the property
  • Two or More Common Walls
  • Back Yard

Parking

  • 5 Parking Spaces

Home Design

  • Property Attached

Interior Spaces

  • 2,922 Sq Ft Home
  • Carpet

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Bathrooms

Additional Features

  • Urban Location
  • Central Heating

Listing and Financial Details

  • Tenant pays for cable TV, electricity
  • Legal Lot and Block 23 / 27
  • Assessor Parcel Number 8139031023

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 6 Units

Building Details

  • 6 Separate Electric Meters
  • 6 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,065
  • Maintenance Expense $1,200
  • Professional Management Expense $2,395
  • Trash Expense $400
  • Water Sewer Expense $3,600
  • New Taxes Expense $7,622
  • Gross Income $4,840
  • Net Operating Income $41,798

Property Details

Home Type

Multi-Family

Year Built

Built in 1907

Lot Details

0

Listing Details

  • Professional Management Expense: 2395.00
  • Property Attached: Yes
  • Water Sewer Expenses: 3600.00
  • Property Type: Residential Income
  • Parcel Number: 8139031023
  • Year Built: 1907
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Flooring: Carpet
  • Levels: Two
  • Price Per Square Foot: 205.34

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Total Parking Spaces: 5.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: No
  • Heating Type: Central
  • Trash Expense: 400.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Lot Features: Back Yard, Desert Front
  • Lot Size Sq Ft: 7000.00
  • Lot Size Acres: 0.1610

Rental Info

  • Tenant Pays: Cable TV, Electricity

Multi Family

  • Gross Income: 4840.00
  • Gross Scheduled Income: 58080.00
  • Insurance Expense: 1065.00
  • Lot Size Area: 7000.0000 Square Feet
  • Maintenance Expense: 1200.00
  • Net Operating Income: 41798.00
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 6
  • Operating Expense: 16282.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 7622.00
  • Tax Block: 27
  • Tax Lot: 23

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
04/25/2014 04/25/14 Sold $600,000 -11.6% $205 / Sq Ft
04/24/2014 04/24/14 Pending -- -- --
07/22/2013 07/22/13 For Sale $679,000 +31.8% $232 / Sq Ft
05/15/2013 05/15/13 Sold $515,000 -6.3% $176 / Sq Ft
04/19/2013 04/19/13 Pending -- -- --
03/28/2013 03/28/13 For Sale $549,500 -- $188 / 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: PW13144595

California Regional Multiple Listing Service (CRMLS)