$1,475,000
SOLD SEP 20, 2024
9 Beds
5 Baths
3,138 Sq Ft
7,004 Sq Ft Lot

Recently Sold

$470 Per Sq Ft

5% Below List Price

56 Days on Market

Highlights

  • No HOA
  • Rectangular Lot
  • Wall Furnace
  • Laundry Room
  • Fenced
  • 3-minute walk to John Greenleaf Whittier Park

About This Home

As of September 2024

Uptown location. Close to dining, retail, parks, shopping, schools and more. Three bed-two bath house with rear triplex featuring all two bed-one bath units. Owner’s Front House (SFR) Unit: The three-bedroom “owner’s unit” boasts a thoughtfully upgraded interior with spacious living room, fireplace and a private side yard, remodeled kitchen features custom cabinets, quartz countertops, dishwasher, farm sink and in-unit laundry. Covered Parking: Each unit includes enclosed one covered spot and the house has three off-street spaces. Extensive upgrades: Owner renovated the aesthetics, systems and structures of the property starting in 2016.

Last Agent to Sell the Property

Tim Gorman

Gorman & Associates Brokerage Phone: 714-932-9673 License #01929799 Listed on: 06/25/2024

Last Buyer's Agent

Juan Sanchez Jr

Century 21 Allstars License #01213825

Century 21 Allstars

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,322

Year Built

  • Built in 1963 | Remodeled

Lot Details

  • 7,004 Sq Ft Lot
  • No Common Walls
  • Fenced
  • Fence is in average condition
  • Rectangular Lot
  • Density is 2-5 Units/Acre

Home Design

  • Quadruplex

Interior Spaces

  • 3,138 Sq Ft Home
  • 2-Story Property
  • Fire and Smoke Detector
  • Laundry Room

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 5 Bathrooms

Parking

  • 3 Open Parking Spaces
  • 6 Parking Spaces
  • 3 Carport Spaces
  • Parking Available
  • Paved Parking
  • Assigned Parking

Additional Features

  • Suburban Location
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Legal Lot and Block 20 / K
  • Tax Tract Number 6845
  • Assessor Parcel Number 8141005023
  • $1,529 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 4 Units

Amenities

  • Laundry Facilities

Building Details

  • 4 Leased Units
  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $468
  • Gardener Expense $1,800
  • Insurance Expense $3,181
  • Maintenance Expense $4,800
  • Trash Expense $1,169
  • Water Sewer Expense $1,169
  • New Taxes Expense $17,360
  • Operating Expense $30,414
  • Gross Income $93,522
  • Net Operating Income $63,108

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,322

Year Built

Built in 1963 | Remodeled

Lot Details

0

Listing Details

  • CapRate: 4.07
  • Other Phone Description: 7147323821
  • Price Per Unit: 373750
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Smoke Detector(s)
  • View: No
  • Water Sewer Expenses: 1169.00
  • Zoning: WHR4*
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Gardener Expense: 1800.00
  • Parcel Number: 8141005023
  • Year Built: 1963
  • Special Features: None

Interior Features

  • Stories: 2
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 470.04

Exterior Features

  • Fence: Yes
  • Fencing: Average Condition
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Carport Spaces: 3.00
  • Parking: Yes
  • Parking Features: Assigned, Carport, Paved
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 3.00

Utilities

  • Utilities: Electricity Connected, Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Electric: Electricity - On Property
  • Heating Type: Wall Furnace
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Trash Expense: 1169.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Lot 6500-9999, Rectangular Lot
  • Lot Size Sq Ft: 7004.00
  • Lot Size Acres: 0.1608

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Electric Expense: 468.00
  • Gross Income: 93522.00
  • Gross Multiplier: 16.57
  • Gross Operating Income: 93522.00
  • Gross Scheduled Income: 95796.00
  • Insurance Expense: 3181.00
  • Laundry Equipment Own Lease: Own
  • Laundry Income: 600.00
  • Lot Size Area: 7004.0000 Square Feet
  • Maintenance Expense: 4800.00
  • Net Operating Income: 63108.00
  • 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
  • Operating Expense: 30414.00
  • Rent Control: Yes
  • Total Actual Rent: 7893.00
  • Total Expenses: 30414.00
  • Vacancy Allowance: 2874

Tax Info

  • New Taxes Expense: 17360.00
  • Tax Block: K
  • Tax Census Tract: 5018.03
  • Tax Lot: 20
  • Tax Tract Number: 6845
  • TaxOtherAnnualAssessmentAmount: 1529.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 25, 2024
Closed on
Aug 30, 2024
Sold by
Dunlap Living Trust and Dunlap Nicholas A
Bought by
Sanchez Eric and Sanchez Veronica
Seller's Agent
Tim Gorman
Gorman & Associates
Buyer's Agent
Juan Sanchez Jr
Century 21 Allstars
List Price
$1,550,000
Sold Price
$1,475,000
Premium/Discount to List
-$75,000
-4.84%
Total Days on Market
56
Views
41
Current Estimated Value
$1,473,411

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,589
Avg. Annual Appreciation
-0.15%
Original Mortgage
$1,106,250
Outstanding Balance
$1,099,094
Interest Rate
6.47%
Mortgage Type
New Conventional
Estimated Equity
$374,317

Purchase Details

Closed on
Aug 20, 2019
Sold by
Dunlap Nicholas A and Dunlap Bianca N
Bought by
Dunlap Nicholas A and Dunlap Bianca N

Purchase Details

Closed on
Feb 16, 2016
Sold by
Clark Billie Lloyd and Estate Of Juanita A Clark
Bought by
Dunlap Nicholas A and Dunlap Bianca N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$579,313
Interest Rate
3.62%
Mortgage Type
FHA
Source: Public Records

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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

Purchase History

Date Type Sale Price Title Company
Grant Deed $1,475,000 Western Resources Title
Interfamily Deed Transfer -- None Available
Grant Deed $600,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,106,250 New Conventional
Previous Owner $840,000 Commercial
Previous Owner $60,800 Credit Line Revolving
Previous Owner $630,000 New Conventional
Previous Owner $579,313 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/20/2024 09/20/24 Sold $1,475,000 -1.3% $470 / Sq Ft
08/20/2024 08/20/24 Pending -- -- --
08/06/2024 08/06/24 Price Changed $1,495,000 -2.3% $476 / Sq Ft
07/30/2024 07/30/24 Price Changed $1,529,500 -1.3% $487 / Sq Ft
06/25/2024 06/25/24 For Sale $1,550,000 +158.3% $494 / Sq Ft
04/21/2016 04/21/16 Sold $600,000 -3.2% $191 / Sq Ft
04/20/2016 04/20/16 Pending -- -- --
02/08/2016 02/08/16 For Sale $620,000 -- $198 / 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
2024 $11,322 $873,913 $522,260 $351,653
2023 $11,140 $856,778 $512,020 $344,758
2022 $10,893 $839,980 $501,981 $337,999
2021 $10,658 $823,511 $492,139 $331,372
2020 $10,614 $815,068 $487,093 $327,975
2019 $10,460 $799,088 $477,543 $321,545
2018 $10,176 $783,421 $468,180 $315,241
2016 $2,238 $98,322 $29,379 $68,943
2015 $2,181 $96,846 $28,938 $67,908
2014 $2,162 $94,950 $28,372 $66,578
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW24129689

California Regional Multiple Listing Service (CRMLS)

APN: 8141-005-023