NOT LISTED FOR SALE
12 Beds
7 Baths
9,744 Sq Ft
10,815 Sq Ft Lot

Sale Details

Date Sold: October 13, 2017

Last sale price $2,800,000 $287 Per Sq Ft

10 Days on Market

About This Home

As of October 2017

These are 12 nice units in a very good rental area of Whittier, CA. They are walking distance to (Whittier Blvd.) shopping, restaurants, city park and Boys & Girls Club. Units are close to Whittier College.

Last Agent to Sell the Property

Scott Larsen

First Choice Property Mgmt Co License #00717129 Listed on: 07/25/2017

Last Buyer's Agent

Maria Ceballos

CENTURY 21 REALTY MASTERS License #01910246

CENTURY 21 REALTY MASTERS

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Lot Details

  • 10,815 Sq Ft Lot
  • Two or More Common Walls
  • Density is 36-40 Units/Acre

Parking

  • 12 Car Garage
  • Parking Available
  • Rear-Facing Garage
  • No Driveway
  • Assigned Parking

Home Design

  • Property Attached

Interior Spaces

  • 9,744 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 7 Bathrooms

Laundry

  • Laundry in unit
  • Leased Washer and Dryer

Additional Features

  • Exterior Lighting
  • Suburban Location
  • Sewer Assessments

Listing and Financial Details

  • Tenant pays for electricity
  • Tax Lot 14
  • Tax Tract Number 5199
  • Assessor Parcel Number 8141025035

Community Details

Overview

  • No Home Owners Association
  • 12 Units

Amenities

  • Laundry Facilities

Building Details

  • 12 Leased Units
  • 12 Separate Electric Meters
  • Electric Expense $1,080
  • Insurance Expense $4,313
  • Maintenance Expense $3,000
  • Other Expense $15,438
  • Pest Control $675
  • Professional Management Expense $8,041
  • Trash Expense $2,400
  • Water Sewer Expense $3,600
  • Security Expense $115
  • New Taxes Expense $34,200
  • Operating Expense $82,165
  • Gross Income $4,200
  • Net Operating Income $83,750

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

10,815 Sq Ft Lot

Parking

12

Listing Details

  • Professional Management Expense: 8041.00
  • Property Attached: Yes
  • Security Expense: 115.00
  • Water Sewer Expenses: 3600.00
  • Zoning: WHR3YY
  • Property Type: Residential Income
  • Parcel Number: 8141025035
  • Year Built: 1963
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 287.36

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 12.00
  • Parking: Yes
  • Parking Features: Assigned, No Driveway, Garage Faces Rear
  • Total Parking Spaces: 12.00

Utilities

  • Laundry: Yes
  • Laundry Features: Community
  • Pest Control Expense: 675.00
  • Sewer: Public Sewer, Sewer Assessments
  • Trash Expense: 2400.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Street Lights, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 36-40 Units/Acre
  • Lot Size Sq Ft: 10815.00

Rental Info

  • Garage Rental Rate: 50.00
  • Tenant Pays: Electricity

Multi Family

  • Electric Expense: 1080.00
  • Garage Income: 350.00
  • Gross Income: 4200.00
  • Gross Scheduled Income: 163200.00
  • Insurance Expense: 4313.00
  • Laundry Equipment Own Lease: Lease
  • Laundry Income: 2700.00
  • Maintenance Expense: 3000.00
  • Net Operating Income: 83750.00
  • Number Of Rented Garages: 7
  • Number Of Separate Electric Meters: 12
  • Number Of Units Leased: 12
  • Number Of Units Total: 12
  • Operating Expense: 74450.00
  • Other Expense: 15438.00
  • Other Expense Description: Repairs
  • Rent Control: No
  • Total Actual Rent: 13950.00
  • Total Expenses: 82165.00

Tax Info

  • New Taxes Expense: 34200.00
  • Tax Census Tract: 5018.03
  • Tax Lot: 14
  • Tax Tract Number: 5199

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
Jul 25, 2017
Closed on
Aug 14, 2017
Sold by
Bought by
Seller's Agent
Scott Larsen
First Choice Property Mgmt Co
Buyer's Agent
Maria Ceballos
CENTURY 21 REALTY MASTERS
List Price
$2,635,000
Sold Price
$2,800,000
Premium/Discount to List
$165,000
6.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,350,000
Interest Rate
0.0378%
Mortgage Type
Construction

Purchase Details

Closed on
Jan 4, 2008
Sold by
Bought by

Purchase Details

Closed on
Apr 9, 2007
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
$640,000
Interest Rate
0.0612%
Mortgage Type
Commercial

Purchase Details

Closed on
May 21, 1996
Sold by
Bought by

Purchase Details

Closed on
Jun 23, 1994
Sold by
Bought by

Purchase Details

Closed on
Mar 3, 1994
Sold by
Bought by

Purchase Details

Closed on
Oct 21, 1993
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
$2,800,000 First American Title Company
-- None Available
-- Chicago Title Co
$1,770,000 Chicago Title Co
-- --
$450,000 --
$581,060 World Title
-- --
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 $2,109,000
Previous Owner $1,350,000
Previous Owner $610,000
Previous Owner $640,000
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
10/13/2017 10/13/17 Sold $2,800,000 +6.3% $287 / Sq Ft
08/04/2017 08/04/17 Pending -- -- --
07/25/2017 07/25/17 For Sale $2,635,000 -- $270 / 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 $42,835 $3,185,917 $1,490,553 $1,695,364
2024 $39,515 $3,123,449 $1,461,327 $1,662,122
2023 $38,831 $3,062,206 $1,432,674 $1,629,532
2022 $38,012 $3,002,164 $1,404,583 $1,597,581
2021 $37,261 $2,943,299 $1,377,043 $1,566,256
2019 $36,347 $2,856,400 $1,336,200 $1,520,200
2018 $35,858 $2,800,400 $1,310,000 $1,490,400
2016 $26,836 $2,003,235 $565,884 $1,437,351
2015 $26,139 $1,973,145 $557,384 $1,415,761
2014 $23,261 $1,715,000 $500,000 $1,215,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS17167093

California Regional Multiple Listing Service (CRMLS)
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