$1,340,000
SOLD DEC 3, 2015

7622 Pickering Ave Whittier, CA 90602

3 Beds
3 Baths
4,894 Sq Ft
6,625 Sq Ft Lot

Recently Sold

$274 Per Sq Ft

1% Below List Price

119 Days on Market

About This Home

As of May 2019

This pride of ownership property is located in an exceptionally high demand Uptown Whittier location. The property is in close proximity to schools, shopping, public recreation areas and excellent local employment opportunities. Pickering apartments offers a mix of largely one bedroom units with a couple studio apartments and a 2-bedroom unit. Residents also enjoy covered carports and the convenience of an onsite laundry facility.

Last Agent to Sell the Property

Gary Tolfa

Triqor Group License #00955403 Listed on: 06/12/2015

Last Buyer's Agent

Lane Aronson

Berkshire Hathaway HomeServices California Properties License #00681193

Berkshire Hathaway HomeServices California Properties

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1969

Lot Details

  • 6,625 Sq Ft Lot
  • Two or More Common Walls
  • Landscaped

Home Design

  • 4,894 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Parking

  • 16 Parking Spaces
  • 8 Carport Spaces
  • Parking Available
  • Assigned Parking

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 8
  • Tax Tract Number 501803
  • Assessor Parcel Number 8141016008

Community Details

Overview

  • 8 Units

Building Details

  • 8 Separate Electric Meters
  • 8 Separate Gas Meters
  • 8 Separate Water Meters
  • Electric Expense $490
  • Gardener Expense $1,828
  • Insurance Expense $1,468
  • Maintenance Expense $4,800
  • Other Expense $1,000
  • Trash Expense $1,936
  • Water Sewer Expense $1,302
  • New Taxes Expense $17,610
  • Gross Income $9,395
  • Net Operating Income $75,818

Property Details

Home Type

Multi-Family

Year Built

Built in 1969

Lot Details

0

Listing Details

  • CapRate: 5.60
  • Other Phone Description: 9497563232
  • Price Per Unit: 168750
  • Property Attached: Yes
  • Water Sewer Expenses: 1302.00
  • Property Type: Residential Income
  • Gardener Expense: 1828.00
  • Parcel Number: 8141016008
  • Year Built: 1969
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 273.80

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 8.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 16.00

Utilities

  • Utilities: Sewer Available
  • Trash Expense: 1936.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Street Lights

Lot Info

  • Lot Features: Landscaped
  • Lot Size Sq Ft: 6625.00
  • Price Per Lot Square Foot: 202.26
  • Lot Size Acres: 0.1520

Multi Family

  • Electric Expense: 490.00
  • Gross Income: 9395.00
  • Gross Multiplier: 11.97
  • Gross Scheduled Income: 112740.00
  • Insurance Expense: 1468.00
  • Lot Size Area: 6625.0000 Square Feet
  • Maintenance Expense: 4800.00
  • Net Operating Income: 75818.00
  • Number Of Separate Electric Meters: 8
  • Number Of Separate Gas Meters: 8
  • Number Of Separate Water Meters: 8
  • Number Of Units Total: 8
  • Operating Expense: 31285.00
  • Other Expense: 1000.00
  • Other Expense Description: Misc.
  • Rent Control: No
  • Vacancy Allowance Rate: 5.00

Tax Info

  • New Taxes Expense: 17610.00
  • Tax Lot: 8
  • Tax Tract Number: 501803

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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

Property History

Date Event Price Change Sq Ft Price
02/25/2023 02/25/23 Price Changed $1,595 -5.9% $3 / Sq Ft
02/09/2023 02/09/23 Price Changed $1,695 +6.3% $3 / Sq Ft
01/17/2023 01/17/23 Price Changed $1,595 -11.1% $3 / Sq Ft
11/18/2022 11/18/22 Price Changed $1,795 +12.5% $4 / Sq Ft
11/17/2022 11/17/22 For Rent $1,595 0.0% --
05/21/2019 05/21/19 Sold $1,630,000 -4.0% $333 / Sq Ft
03/31/2019 03/31/19 Pending -- -- --
03/18/2019 03/18/19 For Sale $1,698,000 +26.7% $347 / Sq Ft
12/03/2015 12/03/15 Sold $1,340,000 -0.7% $274 / Sq Ft
10/09/2015 10/09/15 Pending -- -- --
06/12/2015 06/12/15 For Sale $1,350,000 +44.4% $276 / Sq Ft
10/17/2014 10/17/14 Sold $935,000 +1.1% $191 / Sq Ft
08/18/2014 08/18/14 Pending -- -- --
08/14/2014 08/14/14 For Sale $925,000 -- $189 / 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: PW15127798

California Regional Multiple Listing Service (CRMLS)