Vania Rincon
EstateX inc.
(855) 926-9843
46 Total Sales
1 in South Whittier
$726,000 Price
7714 Newlin Ave Whittier, CA 90602
South Whittier Neighborhood
6
Beds
15
Baths
12,079
Sq Ft
0.32
Acre Lot
Highlights
- 0.32 Acre Lot
- Park
- 12 Detached Carport Spaces
- No HOA
- Parking Storage or Cabinetry
- Laundry Facilities
About This Home
As of April 20227714 Newlin Ave has an ideal Whittier location, positioned in a predominately residential area of the city yet just moments away from lively Uptown Whittier. Additionally, the property is adjacent to Whittier College, a world-class private college. This well maintained 14 unit 2 story apartment building has many long term tenants. It consists of (8) two bedrooms 1 bath, (2) one bedroom 1 bath, (2) studio & (2) three bedroom 2 bath units. Units offer carpet, and vinyl flooring, gas stoves, ceiling fans. Select units have been upgraded with new kitchen cabinets, bathroom vanities, stone countertops & vinyl plank flooring. Laundry is easily accessible with 2 separate laundry rooms. Tenant parking includes 12 single car tuck-under carports, 6 garages, 2 open parking spots. Property is gated with secured entry and parking.
Sale of this property subject to sellers finding replacement property for a 1031 tax exchange.
PLEASE DO NOT WALK THE PROPERTY OR DISTURB RESIDENTS.
Last Agent to Sell the Property
Mary Kasenberg
Coldwell Banker Realty License #00523581 Listed on: 02/03/2022
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1974
Lot Details
- 14,095 Sq Ft Lot
- Two or More Common Walls
Parking
- 4 Car Garage
- 2 Open Parking Spaces
- 12 Detached Carport Spaces
- Parking Storage or Cabinetry
- Parking Available
- Automatic Gate
- Assigned Parking
Home Design
- Property Attached
- Fire Rated Drywall
Interior Spaces
- 12,079 Sq Ft Home
- 2-Story Property
- Fire and Smoke Detector
Kitchen
- Gas Oven
- Gas Range
- Microwave
- Disposal
Flooring
- Carpet
- Laminate
Bedrooms and Bathrooms
- 6 Bedrooms
- 15 Bathrooms
Outdoor Features
- Exterior Lighting
Utilities
- Cooling System Mounted To A Wall/Window
- Wall Furnace
Listing and Financial Details
- Tenant pays for electricity, gas, insurance
- Tax Lot 11
- Tax Tract Number 7071
- Assessor Parcel Number 8141022029
Community Details
Overview
- No Home Owners Association
- 14 Units
Amenities
- Laundry Facilities
Recreation
- Park
Building Details
- 14 Leased Units
- 15 Separate Electric Meters
- 15 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $943
- Fuel Expense $3,556
- Gardener Expense $2,780
- Insurance Expense $3,622
- Water Sewer Expense $9,470
- Operating Expense $50,000
- Gross Income $263,000
- Net Operating Income $213,000
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
Feb 3, 2022
Closed on
Feb 23, 2022
Sold by
Reid Family Trust and Reid Garth
Bought by
Seller's Agent
Mary Kasenberg
Coldwell Banker Realty
Buyer's Agent
Rick Applebaum
Morgan Skenderian
List Price
$4,200,000
Sold Price
$4,250,000
Premium/Discount to List
$50,000
1.19%
Purchase Details
Closed on
Sep 26, 2012
Sold by
New Cedar Properties Llc
Bought by
New Cedar Properties Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,165,000
Interest Rate
3.63%
Mortgage Type
Commercial
Purchase Details
Closed on
Mar 25, 2011
Sold by
Reid Dds Ms Garth and Reid Mary L
Bought by
New Cedar Properties Llc
Purchase Details
Closed on
May 15, 2006
Sold by
Reid Garth T and Reid Mary L
Bought by
Reid Dr Garth
Purchase Details
Closed on
Jul 24, 2002
Sold by
Marwah Gurbax Rai and Marwah Rajni
Bought by
Reid Garth T
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
5.75%
Mortgage Type
Commercial
Purchase Details
Closed on
Jun 30, 1994
Sold by
Marwah Gurbax Rai and Marwah Rajni
Bought by
Marwah Gurbax Rai
Home Values in the Area
Average Home Value in this Area
Agents Specializing in South Whittier, CA
-
Vania Rincon
-
Fred Van Allen
Fred Van Allen
First Team Real Estate
(909) 284-5912
51 Total Sales
1 in South Whittier
$620,000 Price
-
Alyssa Lima
Alyssa Lima
Aramis Realty Group Inc.
(657) 500-5220
15 Total Sales
2 in South Whittier
$850,000 Price Range
-
Justin Salamone
Justin Salamone
NextGen Properties
(562) 553-7680
11 Total Sales
2 in South Whittier
$1.8M - $3.4M Price Range
-
Patricia Ramirez
Patricia Ramirez
Century 21 Allstars
(562) 526-0839
54 Total Sales
2 in South Whittier
$750,000 Price Range
-
John Chesshire
John Chesshire
The Shire Real Estate Group
(562) 521-9298
18 Total Sales
2 in South Whittier
$700K - $745K Price Range
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 |
|---|---|---|---|
| $4,250,000 | Ticor Title | ||
| New Cedar Properties Llc | -- | Ticor Title | |
| New Cedar Properties Llc | -- | Accommodation | |
| New Cedar Properties Llc | -- | Accommodation | |
| Reid Dr Garth | -- | Accommodation | |
| Reid Garth T | $1,085,000 | Landsafe Title | |
| Marwah Gurbax Rai | -- | First American 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 |
|---|---|---|---|
| Open | $2,465,000 | ||
| Previous Owner | New Cedar Properties Llc | $1,165,000 | |
| Previous Owner | Reid Garth | $1,170,000 | |
| Previous Owner | Reid Garth T | $699,908 | |
| Previous Owner | Reid Garth T | $700,000 |
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 |
|---|---|---|---|---|
| 04/18/2022 04/18/22 | Sold | $4,250,000 | +1.2% | $352 / Sq Ft |
| 02/08/2022 02/08/22 | Pending | -- | -- | -- |
| 02/03/2022 02/03/22 | For Sale | $4,200,000 | -- | $348 / 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 |
|---|---|---|---|---|
| 2026 | $59,016 | $4,600,334 | $3,102,249 | $1,498,085 |
| 2025 | $59,016 | $4,510,132 | $3,041,421 | $1,468,711 |
| 2024 | $54,367 | $4,421,699 | $2,981,786 | $1,439,913 |
| 2023 | $52,881 | $4,335,000 | $2,923,320 | $1,411,680 |
| 2022 | $21,472 | $1,480,794 | $592,314 | $888,480 |
| 2021 | $20,858 | $1,451,759 | $580,700 | $871,059 |
| 2019 | $20,402 | $1,409,101 | $563,477 | $845,624 |
| 2018 | $20,107 | $1,381,480 | $552,429 | $829,051 |
| 2016 | $19,080 | $1,327,453 | $530,979 | $796,474 |
| 2015 | $19,174 | $2,100,000 | $840,000 | $1,260,000 |
| 2014 | $18,844 | $1,281,904 | $512,760 | $769,144 |
Source: Public Records
Agents Affiliated with this Home
-
MK
Seller's Agent in 2022
Mary Kasenberg
Coldwell Banker Realty
-
Rick Applebaum
Buyer's Agent in 2022
Rick Applebaum
Morgan Skenderian
(949) 251-8800
1 in this area
79 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW22019889
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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