K
Seller's Agent in 2021
KEN MAZANIANS
REALTY ONE GROUP MASTERS
7906 Painter Ave Whittier, CA 90602
Michigan Park NeighborhoodEstimated Value: $1,018,000 - $1,300,000
6
Beds
4
Baths
2,831
Sq Ft
$408/Sq Ft
Est. Value
About This Home
As of April 2021Wow, 5 cap plus cash flowing property in HOT East LA County market for a 4-plex !!, Prime uptown Whittier location, huge lot, 4 bungalow units all with enclosed garages and 4 car ports. Total of 8 parking spaces... Rents are way below market, Unit 1 is 1/1 rents for $1320, market is $1550, has front yard and back door and patio, garage and car port. Unit 2 is 1/1, rents for $1425, market is $1550, has back door and patio, garage and car port. Unit 3 is 2/1, rents for $1750, market is $1800, has a very large side yard and back door and patio, garage and car port. Unit 4 is 2/1, rents for $1635, market is $1800, has a very large balcony, garage and car port. Shared Laundry. With 5 cap plus and with today's super low interest rates start achieving tremendous cash flow. Easy to manage. Market GRM is 12.1 !! Market Cap 5.6 !!
Last Agent to Sell the Property
KEN MAZANIANS
REALTY ONE GROUP MASTERS License #01162745 Listed on: 02/08/2021
Last Buyer's Agent
General NONMEMBER
NONMEMBER MRML
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1948
Lot Details
- 7,901 Sq Ft Lot
- No Common Walls
Parking
- 4 Car Garage
Home Design
- 2,831 Sq Ft Home
Bedrooms and Bathrooms
- 6 Bedrooms
- 4 Bathrooms
Additional Features
- Laundry Room
- Exterior Lighting
Listing and Financial Details
- Tax Lot 1
- Assessor Parcel Number 8142013040
Community Details
Overview
- 2 Buildings
- 4 Units
Amenities
- Laundry Facilities
Building Details
- Rent Control
- 5 Separate Electric Meters
- 5 Separate Gas Meters
- 1 Separate Water Meter
- Operating Expense $20,880
- Gross Income $73,560
- Net Operating Income $52,680
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
Oct 1, 2018
Closed on
Oct 29, 2018
Sold by
Bought by
Seller's Agent
Giomar Vasquez
G & V Options & Solutions Inc
Buyer's Agent
Vazgen Mazanians
Pacific Realty Center
List Price
$890,000
Sold Price
$910,000
Premium/Discount to List
$20,000
2.25%
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
$243,724
Avg. Annual Appreciation
3.19%
Original Mortgage
$682,500
Outstanding Balance
$598,941
Interest Rate
4.8%
Mortgage Type
New Conventional
Estimated Equity
$554,783
Purchase Details
Closed on
Feb 4, 2014
Sold by
Bought by
Purchase Details
Closed on
Nov 20, 2013
Sold by
Bought by
Purchase Details
Closed on
Sep 5, 2013
Sold by
Bought by
Purchase Details
Closed on
Aug 17, 2012
Sold by
Bought by
Purchase Details
Closed on
May 27, 2004
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
$185,000
Interest Rate
5.86%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 21, 2004
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
$185,000
Interest Rate
5.86%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 21, 2001
Sold by
Bought by
Purchase Details
Closed on
Mar 21, 2000
Sold by
Bought by
Purchase Details
Closed on
Jul 28, 1998
Sold by
Bought by
Purchase Details
Closed on
Jul 9, 1998
Sold by
Bought by
Purchase Details
Closed on
Oct 30, 1997
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
$189,000
Interest Rate
7%
Purchase Details
Closed on
Jul 18, 1995
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
$195,750
Interest Rate
7.8%
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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 |
|---|---|---|---|
| $910,000 | Stewart Title Of California | ||
| -- | Accommodation | ||
| -- | Progressive Title | ||
| -- | None Available | ||
| $431,000 | Title 365 | ||
| -- | Fidelity Van Nuys | ||
| -- | Fidelity National Title | ||
| -- | Fidelity National Title | ||
| -- | Fidelity National Title | ||
| -- | -- | ||
| -- | -- | ||
| -- | -- | ||
| -- | -- | ||
| $270,000 | Southland Title Corporation | ||
| $217,500 | Commonwealth Land 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 |
|---|---|---|---|
| Open | $682,500 | ||
| Previous Owner | $185,000 | ||
| Previous Owner | $189,000 | ||
| Previous Owner | $195,750 |
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 |
|---|---|---|---|---|---|
| 04/06/2021 04/06/21 | Sold | $1,000,000 | +2.0% | $353 / Sq Ft | |
| 02/19/2021 02/19/21 | Pending | -- | -- | -- | |
| 02/08/2021 02/08/21 | For Sale | $980,000 | +7.7% | $346 / Sq Ft | |
| 11/28/2018 11/28/18 | Sold | $910,000 | +2.2% | $321 / Sq Ft | View Prior Sale |
| 10/01/2018 10/01/18 | For Sale | $890,000 | -- | $314 / 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 | $14,066 | $1,082,430 | $703,580 | $378,850 |
| 2024 | $13,020 | $1,061,207 | $689,785 | $371,422 |
| 2023 | $12,779 | $1,040,400 | $676,260 | $364,140 |
| 2022 | $12,522 | $1,020,000 | $663,000 | $357,000 |
| 2021 | $11,565 | $937,815 | $669,868 | $267,947 |
| 2020 | $11,472 | $928,200 | $663,000 | $265,200 |
| 2019 | $11,365 | $910,000 | $650,000 | $260,000 |
| 2018 | $8,125 | $584,416 | $335,498 | $248,918 |
| 2016 | $7,556 | $561,724 | $322,471 | $239,253 |
| 2015 | $7,652 | $553,288 | $317,628 | $235,660 |
| 2014 | $7,483 | $542,451 | $311,407 | $231,044 |
Source: Public Records
Agents Affiliated with this Home
-
-
G
Buyer's Agent in 2021
General NONMEMBER
NONMEMBER MRML
-
Giomar Vasquez
Seller's Agent in 2018
Giomar Vasquez
G & V Options & Solutions Inc
(562) 857-1007
35 Total Sales
-
V
Buyer's Agent in 2018
Vazgen Mazanians
Pacific Realty Center
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: CV21025950
APN: 8142-013-040
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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