Seller's Agent in 2018
Tyler Leeson
Marcus & Millichap RE Invest
(949) 419-3200
148 Total Sales
7825 Duchess Dr Whittier, CA 90606
West Whittier-Los Nietos Neighborhood
6
Beds
4
Baths
10,530
Sq Ft
0.31
Acres
Highlights
- 13,504 Sq Ft lot
- Laundry Room
- Landscaped
- Daniel Phelan Language Academy Rated 9+
About This Home
As of August 20187825 Duchess Drive is a 13-unit multifamily investment property located in Whittier, one of the premiere housing markets in Southern California.
Located adjacent to a large retail center and Interstate 605, residents have easy access to grocers and transport routes to employment centers throughout Southern California. 7825 Duchess Drive is also half a mile from Pioneer High School and Ada S. Nelson Elementary School. Built in 1962 and renovated in 2017, 7825 Duchess Drive offers investors the opportunity to capitalize on turnkey renovations that should increase rental income by approximately 7 percent. Situated on a 0.31-acre lot, the 10,530 square foot property consists of one-, two, and three-bedroom floor plans averaging 810 square feet. 7825 Duchess Drive offers parking, on-site laundry, a spacious courtyard, and newly renovated units.
Last Agent to Sell the Property
Marcus & Millichap RE Invest License #01451551 Listed on: 03/08/2018
Last Buyer's Agent
Marcus & Millichap RE Invest License #01451551 Listed on: 03/08/2018
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1962
Lot Details
- 0.31 Acre Lot
- No Common Walls
- Landscaped
Interior Spaces
- 10,530 Sq Ft Home
- 2-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 6 Bedrooms
- 4 Bathrooms
Outdoor Features
- Exterior Lighting
Listing and Financial Details
- Tax Lot 3
- Tax Tract Number 502200
- Assessor Parcel Number 8176017024
Community Details
Building Details
- 13 Leased Units
- 13 Separate Electric Meters
- 13 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $2,682
- Fuel Expense $2,682
- Insurance Expense $3,900
- Maintenance Expense $6,500
- Other Expense $6,400
- Professional Management Expense $5,000
- Trash Expense $2,682
- Water Sewer Expense $2,682
- New Taxes Expense $42,869
- Operating Expense $74,450
- Gross Income $233,620
- Net Operating Income $152,282
Additional Features
- 13 Units
- Laundry Facilities
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 08/24/2018 08/24/18 | Sold | $3,375,000 | -2.2% | $321 / Sq Ft | |
| 06/26/2018 06/26/18 | Pending | -- | -- | -- | |
| 06/01/2018 06/01/18 | Price Changed | $3,450,000 | -5.2% | $328 / Sq Ft | |
| 03/08/2018 03/08/18 | For Sale | $3,640,000 | +108.0% | $346 / Sq Ft | |
| 04/10/2015 04/10/15 | Sold | $1,750,000 | -12.5% | $166 / Sq Ft | View Prior Sale |
| 02/23/2015 02/23/15 | Pending | -- | -- | -- | |
| 02/11/2015 02/11/15 | For Sale | $1,999,999 | -- | $190 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
Agents Affiliated with this Home
-
Tyler Leeson
-
Ben Salem
Seller's Agent in 2015
Ben Salem
Compass
(310) 773-6141
67 Total Sales
-
R
Buyer's Agent in 2015
Ron Maman
Rodeo Realty
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC18054411
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