NOT LISTED FOR SALE
2 Beds
2 Baths
4,149 Sq Ft
5,841 Sq Ft Lot

Sale Details

Date Sold: October 28, 2015

Last sale price $990,000 $239 Per Sq Ft

36 Days on Market

About This Home

As of October 2015

Well maintained Uptown Whittier 7 unit apartment building consisting of one bedroom one bathroom floor plans. Separately metered for electricity and gas, tenant amenities include garage parking, on-site laundry facility, and gated entrances. Upside potential; current rents are substantially below market allowing a new investor the opportunity to significantly increase cash flow. Easy to manage; low maintenance grounds. The subject property is located near PIH Health Hospital and Whittier College.

Last Agent to Sell the Property

Ignacio Diaz Jr

Investment Capital Real Estate License #01379930 Listed on: 07/23/2015

Last Buyer's Agent

Carlos Skubacz

RE/MAX 2000 License #01474295

RE/MAX 2000
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1957

Lot Details

  • 5,841 Sq Ft Lot
  • Two or More Common Walls

Parking

  • 7 Car Garage

Home Design

  • 4,149 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Additional Features

  • Leased Washer and Dryer
  • Property is near public transit

Listing and Financial Details

  • Tax Lot 003
  • Tax Tract Number 25
  • Assessor Parcel Number 8141025003

Community Details

Overview

  • 7 Units

Building Details

  • 8 Separate Electric Meters
  • 8 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $450
  • Gardener Expense $600
  • Insurance Expense $1,800
  • Other Expense $2,450
  • Trash Expense $1,620
  • Water Sewer Expense $1,980
  • New Taxes Expense $12,240
  • Gross Income $6,075
  • Net Operating Income $50,422

Property Details

Home Type

Multi-Family

Year Built

Built in 1957

Lot Details

5,841 Sq Ft Lot

Parking

7

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 1980.00
  • Property Type: Residential Income
  • Gardener Expense: 600.00
  • Parcel Number: 8141025003
  • Year Built: 1957
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 238.61

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 7.00
  • Total Parking Spaces: 20.00

Utilities

  • Utilities: Sewer Connected, Sewer Available
  • Trash Expense: 1620.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks

Lot Info

  • Lot Features: Near Public Transit
  • Lot Size Sq Ft: 5841.00
  • Price Per Lot Square Foot: 169.49
  • Lot Size Acres: 0.1340

Multi Family

  • Electric Expense: 450.00
  • Gross Income: 6075.00
  • Gross Scheduled Income: 72900.00
  • Insurance Expense: 1800.00
  • Laundry Equipment Own Lease: Lease
  • Lot Size Area: 5841.0000 Square Feet
  • Net Operating Income: 50422.00
  • Number Of Separate Electric Meters: 8
  • Number Of Separate Gas Meters: 8
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 7
  • Operating Expense: 21620.00
  • Other Expense: 2450.00
  • Other Expense Description: Misc Mai
  • Rent Control: No

Tax Info

  • New Taxes Expense: 12240.00
  • Tax Lot: 003
  • Tax Tract Number: 025

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

Closed on
Aug 3, 2023
Sold by
Bought by

Purchase Details

Closed on
Feb 23, 2022
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
$1,800,000
Interest Rate
3.69%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 12, 2015
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
$560,000
Interest Rate
3.81%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 5, 2009
Sold by
Bought by

Purchase Details

Closed on
Jan 16, 2002
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
$305,600
Interest Rate
6.94%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 26, 1998
Sold by
Bought by

Purchase Details

Closed on
Dec 29, 1997
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
-- None Listed On Document
-- Ticor Title
-- Ticor Title
$985,000 Fidelity National Title
-- None Available
$407,500 Fidelity National Title Co
-- --
-- --
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 $1,800,000
Previous Owner $1,500,000
Previous Owner $560,000
Previous Owner $550,000
Previous Owner $500,000
Previous Owner $450,000
Previous Owner $305,600
Previous Owner $60,000
Previous Owner $206,500
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
10/28/2015 10/28/15 Sold $990,000 -2.9% $239 / Sq Ft
08/28/2015 08/28/15 Pending -- -- --
07/23/2015 07/23/15 For Sale $1,020,000 -- $246 / 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 $16,514 $1,166,034 $710,274 $455,760
2024 $15,207 $1,143,172 $696,348 $446,824
2023 $15,003 $1,120,758 $682,695 $438,063
2022 $14,829 $1,098,783 $669,309 $429,474
2021 $14,679 $1,077,239 $656,186 $421,053
2019 $14,317 $1,045,779 $636,724 $409,055
2018 $13,976 $1,025,284 $624,240 $401,044
2016 $13,510 $985,000 $600,000 $385,000
2015 $7,761 $500,883 $156,100 $344,783
2014 $7,735 $491,073 $153,043 $338,030
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP15161047

California Regional Multiple Listing Service (CRMLS)
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