S
Seller's Agent in 2020
Steve Bogoyevac
Steven M. Bogoyevac, Broker
(424) 405-3826
2 in this area
76 Total Sales
7616 Milton Ave Whittier, CA 90602
South Whittier NeighborhoodEstimated Value: $884,000 - $1,007,000
3
Beds
2
Baths
1,832
Sq Ft
$524/Sq Ft
Est. Value
About This Home
As of August 20207616 Milton Avenue is a renovated three-unit multifamily investment property in Whittier, California. The property consists of a desirable mix of two two-bedroom/one-bath and one one-bedroom/one-bath bungalows that are individually metered for gas, water, and electricity. The units boast granite countertops, new flooring, new roofs, and dedicated parking. A new investor could further boost the units’ strong appeal by fencing in private yards.
7616 Milton Avenue is located in a desirable area just a few blocks from the Whittier Library, Community Center, Community Theater, City Hall, and Friends Park, and just a two-minute drive from a Smart & Final Extra! grocery store. This area is a majority-renter market with an average household income within one mile that exceeds $70,000.
This offering presents an excellent opportunity for an investor to acquire a well-located, renovated asset with a desirable unit mix and capture 50 percent rental upside.
Last Agent to Sell the Property
Steven M. Bogoyevac, Broker License #01332755 Listed on: 03/16/2020
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1922
Lot Details
- 7,001 Sq Ft Lot
- No Common Walls
- Rectangular Lot
Home Design
- 1,832 Sq Ft Home
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Bathrooms
Laundry
- Laundry in unit
- Washer and Electric Dryer Hookup
Parking
- 3 Open Parking Spaces
- 3 Parking Spaces
Location
- Suburban Location
Listing and Financial Details
- Legal Lot and Block 21 / 4
- Assessor Parcel Number 8141014022
Community Details
Overview
- 3 Buildings
- 3 Units
Building Details
- Rent Control
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 3 Separate Water Meters
- Operating Expense $17,718
- Gross Income $43,200
- Net Operating Income $24,186
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
Mar 16, 2020
Closed on
Aug 5, 2020
Sold by
Bought by
Seller's Agent
Steve Bogoyevac
Steven M. Bogoyevac, Broker
Buyer's Agent
Lily Campbell
First Team Real Estate
List Price
$765,000
Sold Price
$755,000
Premium/Discount to List
-$10,000
-1.31%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$205,048
Avg. Annual Appreciation
4.17%
Purchase Details
Listed on
May 31, 2016
Closed on
Jun 2, 2016
Sold by
Bought by
Seller's Agent
Aaron Mazzrillo
MARKET STREET REALTY
Buyer's Agent
Aaron Mazzrillo
MARKET STREET REALTY
List Price
$699,980
Sold Price
$675,000
Premium/Discount to List
-$24,980
-3.57%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.72%
Purchase Details
Closed on
Apr 7, 2014
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
$350,000
Interest Rate
4.32%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jan 29, 2002
Sold by
Bought by
Purchase Details
Closed on
Apr 26, 2001
Sold by
Bought by
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|
| $755,000 | Ticor Title Company | ||
| $675,000 | Chicago Title | ||
| $388,500 | Chicago Title Company | ||
| -- | -- | ||
| -- | -- | ||
| -- | -- |
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 | $350,000 |
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 |
|---|---|---|---|---|---|
| 08/18/2020 08/18/20 | Sold | $755,000 | -1.3% | $412 / Sq Ft | |
| 07/31/2020 07/31/20 | Pending | -- | -- | -- | |
| 03/16/2020 03/16/20 | For Sale | $765,000 | +13.3% | $418 / Sq Ft | |
| 06/17/2016 06/17/16 | Sold | $675,000 | -3.6% | $368 / Sq Ft | View Prior Sale |
| 06/06/2016 06/06/16 | Pending | -- | -- | -- | |
| 04/07/2016 04/07/16 | For Sale | $699,980 | -- | $382 / 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 | $10,858 | $817,234 | $530,390 | $286,844 |
| 2024 | $10,181 | $801,211 | $519,991 | $281,220 |
| 2023 | $9,954 | $785,502 | $509,796 | $275,706 |
| 2022 | $9,693 | $770,100 | $499,800 | $270,300 |
| 2021 | $9,540 | $755,000 | $490,000 | $265,000 |
| 2020 | $9,246 | $730,639 | $474,104 | $256,535 |
| 2019 | $9,184 | $716,313 | $464,808 | $251,505 |
| 2018 | $8,884 | $702,269 | $455,695 | $246,574 |
| 2016 | $5,255 | $401,785 | $260,953 | $140,832 |
| 2015 | $5,318 | $395,751 | $257,034 | $138,717 |
| 2014 | $1,747 | $76,635 | $51,715 | $24,920 |
Source: Public Records
Agents Affiliated with this Home
-
Steve Bogoyevac
-
David O'Keefe
D
Seller Co-Listing Agent in 2020
David O'Keefe
Marcus & Millichap
(562) 257-1200
2 in this area
35 Total Sales
-
Lily Campbell
Buyer's Agent in 2020
Lily Campbell
First Team Real Estate
(714) 593-6089
698 Total Sales
-
Aaron Mazzrillo
A
Seller's Agent in 2016
Aaron Mazzrillo
MARKET STREET REALTY
(949) 903-8848
12 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW20057389
APN: 8141-014-022
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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