NOT LISTED FOR SALE

7908 Milton Ave Whittier, CA 90602

Estimated Value: $887,434 - $997,000

5 Beds
4 Baths
1,704 Sq Ft
$538/Sq Ft Est. Value

Last Sold April 23, 2024

Last sale price $850,000 $499 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $5,789/month

34 Days on Market

Highlights

  • No Units Above
  • Wood Flooring
  • Living Room
  • Craftsman Architecture
  • Cooling System Mounted To A Wall/Window
  • Park

About This Home

As of April 2024

4-unit rental property consisting of three 1 bed / 1 bath units and one 2 bed / 1 bath unit. There are a total of 2 structures on the property. The front duplex is 7908 Milton Ave (2 Units). The rear duplex is 7910 Milton Ave (2 units). There are 4 covered parking spaces in the rear of the property accessible through the city maintained alley. All units are tenant occupied and have been updated with newer appliances and wood-look flooring in recent years. Smart investment opportunity with positive cash flow and space to build. Located close to major freeways, shopping, dining, universities, and Downtown Los Angeles.

Last Agent to Sell the Property

Stephen Beard

ERA North Orange County Brokerage Phone: 714-600-1135 License #01980671 Listed on: 02/29/2024

Last Buyer's Agent

Stephen Beard

ERA North Orange County Brokerage Phone: 714-600-1135 License #01980671 Listed on: 02/29/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,401

Year Built

  • Built in 1937

Lot Details

  • 5,598 Sq Ft Lot
  • Property fronts an alley
  • No Units Above
  • No Units Located Below
  • 1 Common Wall
  • Rectangular Lot
  • Level Lot
  • Sprinkler System
  • Front Yard
  • Density is 2-5 Units/Acre

Home Design

  • Duplex
  • Craftsman Architecture
  • Raised Foundation
  • Composition Roof

Interior Spaces

  • 1,704 Sq Ft Home
  • 1-Story Property
  • Living Room

Kitchen

  • Gas Oven
  • Gas Range
  • Formica Countertops

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 4 Parking Spaces
  • 4 Carport Spaces
  • Parking Available

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Location

  • Suburban Location

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Natural Gas Connected
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 34
  • Tax Tract Number 6228
  • Assessor Parcel Number 8141025005

Community Details

Overview

  • 2 Buildings
  • 4 Units

Recreation

  • Park

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $300
  • Insurance Expense $1,542
  • Trash Expense $1,188
  • Water Sewer Expense $1,285
  • Operating Expense $13,716
  • Gross Income $46,800
  • Net Operating Income $42,485

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,401

Year Built

Built in 1937

Lot Details

0

Listing Details

  • Price Per Unit: 231250
  • Property Attached: Yes
  • Road Frontage Type: Alley, City Street
  • Road Surface Type: Alley Paved, Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: No
  • Water Sewer Expenses: 1285.00
  • Zoning: WHR4*
  • Architectural Style: Craftsman
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Gardener Expense: 300.00
  • Parcel Number: 8141025005
  • Year Built: 1937
  • Special Features: None

Interior Features

  • Interior Amenities: Formica Counters, Stone Counters
  • Stories: 1
  • Entry Location: Street
  • Common Walls: 1 Common Wall, No One Above, No One Below
  • Flooring: Laminate, Wood
  • Appliances: Yes
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 498.83
  • Room Type: All Bedrooms Down, Kitchen, Living Room, Main Floor Bedroom

Exterior Features

  • Foundation: Raised
  • Exterior Features: Lighting
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Carport Spaces: 4.00
  • Parking: Yes
  • Parking Features: Carport
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: No
  • Appliances: Gas Oven, Gas Range, Gas Water Heater
  • Heating Type: Wall Furnace
  • Sewer: Public Sewer
  • Trash Expense: 1188.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Curbs, Gutters, Park, Sidewalks, Storm Drains, Street Lights, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Front Yard, Rectangular Lot, Level, Sprinkler System
  • Lot Size Sq Ft: 5598.00
  • Lot Size Acres: 0.1285

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average1 Bed Area: 426 Square Feet
  • Average2 Bed Area: 426 Square Feet
  • Gross Income: 46800.00
  • Gross Scheduled Income: 46800.00
  • Insurance Expense: 1542.00
  • Lot Size Area: 5598.0000 Square Feet
  • Net Operating Income: 42485.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Number With Range: 4
  • Operating Expense: 4315.00
  • Rent Control: No
  • Total Actual Rent: 4000.00
  • Total Expenses: 13716.00

Tax Info

  • Tax Census Tract: 5018.03
  • Tax Lot: 34
  • Tax Tract Number: 6228
  • Tax Annual Amount: 9401.35

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 29, 2024
Closed on
Apr 16, 2024
Sold by
Morgan David R and Morgan Phyllis L
Bought by
Ly Oxford Llc
Seller's Agent
Stephen Beard
ERA North Orange County
Buyer's Agent
Stephen Beard
ERA North Orange County
List Price
$925,000
Sold Price
$850,000
Premium/Discount to List
-$75,000
-8.11%
Views
93
Current Estimated Value
$917,109

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,109
Avg. Annual Appreciation
7.84%

Purchase Details

Closed on
Feb 1, 2002
Sold by
Morgan Mary A
Bought by
Morgan David R and Morgan Phyllis L

Purchase Details

Closed on
Dec 8, 1997
Sold by
Levin Trust Levin Ralph C Co Tr R C And and Levin Phyllis R
Bought by
Morgan Micheal J and Morgan Mary A
Source: Public Records

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Ly Oxford Llc $850,000 Orange Coast Title
Morgan David R -- --
Morgan Micheal J $8,500 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/23/2024 04/23/24 Sold $850,000 -8.1% $499 / Sq Ft
04/03/2024 04/03/24 Pending -- -- --
03/29/2024 03/29/24 For Sale $925,000 0.0% $543 / Sq Ft
03/22/2024 03/22/24 Pending -- -- --
03/07/2024 03/07/24 For Sale $925,000 0.0% $543 / Sq Ft
03/04/2024 03/04/24 Pending -- -- --
02/29/2024 02/29/24 For Sale $925,000 -- $543 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

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 $9,503 $867,000 $520,200 $346,800
2024 $9,503 $775,721 $576,101 $199,620
2023 $9,675 $760,511 $564,805 $195,706
2022 $9,401 $745,600 $553,731 $191,869
2021 $9,233 $730,981 $542,874 $188,107
2020 $7,690 $600,000 $445,700 $154,300
2019 $7,564 $580,000 $430,800 $149,200
2018 $8,061 $635,000 $471,600 $163,400
2016 $7,154 $554,000 $357,400 $196,600
2015 $6,408 $494,000 $318,700 $175,300
2014 $5,797 $435,000 $280,600 $154,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW24040458

California Regional Multiple Listing Service (CRMLS)

APN: 8141-025-005