NOT LISTED FOR SALE

7341 Washington Ave Unit 4 Whittier, CA 90602

Uptown Whittier Neighborhood

Estimated Value: $1,527,000 - $1,869,000

9 Beds
8 Baths
5,120 Sq Ft
$332/Sq Ft Est. Value

Last Sold August 05, 2020

Last sale price $1,265,000 $247 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $10,652/month

68 Days on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • Front Yard
  • Laundry Room
  • Level Lot

About This Home

As of August 2020

Fantastic opportunity to own a newer 1990 built 4 unit income property located near Historic Uptown Whittier. This spacious property is equipped of two separate structures totaling 5,120 SF on a 7,020 SF lot. The front structure is composed of 3 units with a breakdown of one 3 bedroom unit and two 2 bedroom units. The rear structure is composed of an upstairs a single 2 bedroom unit detached perfect for a rental or owner/user opportunity. This rare find includes a spacious courtyard separating the front and rear structures, individual 2 car garages for each unit, upgrades in two of the units, stable tenants, on-site community laundry room, and perfectly located just walking distance to shops and restaurants in Uptown Whittier, Whittier Public Library, and Whittier College! Please do not disturb tenants. Drive by only.

Last Agent to Sell the Property

Suzie Koo

Keller Williams Realty License #00915365 Listed on: 03/19/2020

Keller Williams Realty

Last Buyer's Agent

Miriam Santana

Miriam Santana License #01201793

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,701

Year Built

  • Built in 1990

Lot Details

  • 7,021 Sq Ft Lot
  • 1 Common Wall
  • Level Lot
  • Front Yard

Parking

  • 8 Car Garage

Home Design

  • 5,120 Sq Ft Home
  • Apartment

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 8 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Sewer Paid

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Legal Lot and Block 9 / 35
  • Tax Tract Number 9
  • Assessor Parcel Number 8141010010

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 4 Units

Amenities

  • Laundry Facilities

Building Details

  • 3 Leased Units
  • 5 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $492
  • Fuel Expense $552
  • Gardener Expense $1,932
  • Insurance Expense $2,784
  • Maintenance Expense $3,600
  • Other Expense $2,016
  • Pest Control $756
  • Supplies Expense $72
  • Trash Expense $1,572
  • Water Sewer Expense $2,328
  • New Taxes Expense $14,062
  • Operating Expense $29,338
  • Gross Income $1,200
  • Net Operating Income $39,062

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,701

Year Built

Built in 1990

Lot Details

0

Parking

8

Listing Details

  • Property Attached: Yes
  • Supplies Expense: 72.00
  • Water Sewer Expenses: 2328.00
  • Zoning: WHR4*
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Gardener Expense: 1932.00
  • Parcel Number: 8141010010
  • Year Built: 1990
  • Special Features: None

Interior Features

  • Common Walls: 1 Common Wall
  • Levels: Two
  • Price Per Square Foot: 247.07

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 8.00
  • Total Parking Spaces: 8.00

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Water Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Community, Dryer Included, Washer Included
  • Pest Control Expense: 756.00
  • Sewer: Public Sewer, Sewer Paid
  • Trash Expense: 1572.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Level with Street
  • Lot Size Sq Ft: 7021.00
  • Lot Size Acres: 0.1612

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Electric Expense: 492.00
  • Fuel Expense: 552.00
  • Gross Income: 1200.00
  • Gross Scheduled Income: 68400.00
  • Insurance Expense: 2784.00
  • Laundry Income: 1200.00
  • Lot Size Area: 7021.0000 Square Feet
  • Maintenance Expense: 3600.00
  • Net Operating Income: 39062.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 4
  • Number With Dishwasher: 1
  • Number With Disposal: 4
  • Number With Range: 4
  • Operating Expense: 29338.00
  • Other Expense: 2016.00
  • Other Expense Description: New Tax
  • Rent Control: No
  • Total Actual Rent: 68400.00
  • Total Expenses: 29338.00

Tax Info

  • New Taxes Expense: 14062.00
  • Tax Block: 35
  • Tax Census Tract: 5018.04
  • Tax Lot: 9
  • Tax Tract Number: 9

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 19, 2020
Closed on
Aug 3, 2020
Sold by
Robles Mary J
Bought by
Robles Mary J and Mary J Robles Trust
Seller's Agent
Suzie Koo
Keller Williams Realty
Buyer's Agent
Miriam Santana
Miriam Santana
List Price
$1,250,000
Sold Price
$1,265,000
Premium/Discount to List
$15,000
1.2%
Current Estimated Value
$1,699,481

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$434,481
Avg. Annual Appreciation
3.70%

Purchase Details

Closed on
May 28, 2020
Sold by
Coach Andrew and The Glory S Couch Revocable Tr
Bought by
Robles Mary J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$473,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 11, 2017
Sold by
Couch Glory S and Couch Abdrew F
Bought by
Couch Glory S and Glory S Couch Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$616,357
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 19, 2012
Sold by
Couch Glory S
Bought by
Couch Glory S and The Glory S Couch Revocable Tr

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$504,000
Interest Rate
3.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 22, 2008
Sold by
Couch Glory S
Bought by
Couch Glory S and The Glory S Couch Revocable Tr

Purchase Details

Closed on
May 8, 2008
Sold by
Couch Glory S and Couch Andrew F
Bought by
Couch Glory S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.05%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 22, 2003
Sold by
Couch Glory S
Bought by
Couch Glory S and Couch Andrew F

Purchase Details

Closed on
Oct 9, 2002
Sold by
Couch Glory S
Bought by
Couch Glory S and Couch Andrew F

Purchase Details

Closed on
Sep 13, 2000
Sold by
Benavides Jose and Benavides Connie
Bought by
Couch Andrew F and Couch Glory S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,000
Interest Rate
8.07%
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
Robles Mary J -- Lawyers Title
Robles Mary J -- Lawyers Title Company
Robles Mary J $1,265,000 Lawyers Title Company
Couch Glory S -- Boston National Title
Couch Glory S -- Bnt Title Company Of Ca
Couch Glory S -- North American Title
Couch Glory S -- North American Title
Couch Glory S -- None Available
Couch Glory S -- Chicago Title Company
Couch Glory S -- North American
Couch Glory S -- --
Couch Andrew F $390,000 American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Robles Mary J $473,000
Previous Owner Couch Glory S $616,357
Previous Owner Couch Glory S $421,357
Previous Owner Couch Glory S $504,000
Previous Owner Couch Glory S $150,000
Previous Owner Couch Glory S $565,000
Previous Owner Couch Andrew F $312,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/05/2020 08/05/20 Sold $1,265,000 +1.2% $247 / Sq Ft
06/03/2020 06/03/20 For Sale $1,250,000 -1.2% $244 / Sq Ft
05/26/2020 05/26/20 Off Market $1,265,000 -- --
05/26/2020 05/26/20 Pending -- -- --
05/06/2020 05/06/20 For Sale $1,250,000 -1.2% $244 / Sq Ft
03/21/2020 03/21/20 Off Market $1,265,000 -- --
03/21/2020 03/21/20 For Sale $1,250,000 -1.2% $244 / Sq Ft
03/20/2020 03/20/20 Off Market $1,265,000 -- --
03/19/2020 03/19/20 For Sale $1,250,000 -- $244 / 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 $16,701 $1,369,274 $821,565 $547,709
2024 $16,701 $1,342,426 $805,456 $536,970
2023 $16,410 $1,316,105 $789,663 $526,442
2022 $16,093 $1,290,300 $774,180 $516,120
2021 $15,748 $1,265,000 $759,000 $506,000
2020 $7,536 $537,335 $275,557 $261,778
2019 $7,486 $526,800 $270,154 $256,646
2018 $7,244 $516,471 $264,857 $251,614
2016 $6,888 $496,418 $254,573 $241,845
2015 $6,753 $488,963 $250,750 $238,213
2014 $6,632 $479,386 $245,839 $233,547
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR20057227

California Regional Multiple Listing Service (CRMLS)

APN: 8141-010-010