NOT LISTED FOR SALE

7937 Milton Ave Whittier, CA 90602

Estimated Value: $1,133,000 - $1,317,000

5 Beds
4 Baths
2,933 Sq Ft
$413/Sq Ft Est. Value

Last Sold December 29, 2017

Last sale price $738,000 $252 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $7,465/month

91 Days on Market

About This Home

As of December 2017

A Rare Opportunity To Own a Triplex in Excellent Area of Whittier. 1 (3 BR+1.5BA), 2 large (1BR+1BA) with Individual Electricity and Gas Meters, 3-1 Car Garage plus Additional Parking Spaces, Huge Upside Potential, Comparatively Low Rent Due To Long Term Tenancy, Close To Shopping, hospital, Whittier College and etc.

Last Agent to Sell the Property

Andy Huang

Reddoor International Realty License #01448587 Listed on: 09/01/2017

Last Buyer's Agent

Veronica Lopez

SB REAL ESTATE License #01097527

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,600

Year Built

  • Built in 1956

Lot Details

  • 6,975 Sq Ft Lot
  • Two or More Common Walls
  • Front Yard

Parking

  • 3 Car Garage

Home Design

  • 2,933 Sq Ft Home
  • Triplex

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Additional Features

  • Laundry Room
  • Exterior Lighting
  • Suburban Location

Listing and Financial Details

  • Tax Lot 17
  • Tax Tract Number 1395
  • Assessor Parcel Number 8141023008

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $480
  • Insurance Expense $1,100
  • Trash Expense $1,200
  • Water Sewer Expense $960
  • New Taxes Expense $8,000
  • Operating Expense $11,740
  • Gross Income $48,600
  • Net Operating Income $36,860

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,600

Year Built

Built in 1956

Lot Details

0

Parking

3

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 960.00
  • Zoning: WHR4*
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 8141023008
  • Year Built: 1956
  • Special Features: None

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 251.62

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Trash Expense: 1200.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks, Street Lights, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard
  • Lot Size Sq Ft: 6975.00

Multi Family

  • Electric Expense: 480.00
  • Gross Income: 48600.00
  • Gross Scheduled Income: 48600.00
  • Insurance Expense: 1100.00
  • Net Operating Income: 36860.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 11740.00
  • Rent Control: No
  • Total Expenses: 11740.00

Tax Info

  • New Taxes Expense: 8000.00
  • Tax Census Tract: 5018.03
  • Tax Lot: 17
  • Tax Tract Number: 1395

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2017
Closed on
Dec 7, 2017
Sold by
Hernandez Richard R
Bought by
Gallegos James Edwin
Seller's Agent
Andy Huang
Reddoor International Realty
Buyer's Agent
Veronica Lopez
SB REAL ESTATE
List Price
$749,900
Sold Price
$738,000
Premium/Discount to List
-$11,900
-1.59%
Current Estimated Value
$1,210,201

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$472,201
Avg. Annual Appreciation
6.36%
Original Mortgage
$538,000
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 8, 2006
Sold by
Bywell David John
Bought by
Hernandez Richard R and Hernandez Susan J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Interest Rate
3%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Sep 13, 2005
Sold by
Eicher Bywell Christina
Bought by
Bywell David John and Eicher Bywell Christina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
5.68%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Mar 3, 2004
Sold by
Bywell David John
Bought by
Eicher Bywell Christina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$303,450
Interest Rate
8.15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 2, 2004
Sold by
Snyder John M
Bought by
Eicher Bywell Christina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$303,450
Interest Rate
8.15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 4, 2002
Sold by
Guzzetta Christopher A
Bought by
Snyder John M and Snyder Kimberly A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,400
Interest Rate
6.09%

Purchase Details

Closed on
Jun 11, 1999
Sold by
Guzzetta Paul S
Bought by
Guzzetta Christopher A and Guzzetta Bonnie L

Purchase Details

Closed on
Jan 10, 1994
Sold by
Guzzetta Paul S
Bought by
Guzzetta Paul S and Guzzetta Agatha M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
7.29%
Source: Public Records

Range of Values:

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Average Value
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List Price
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
Gallegos James Edwin $738,000 Wfg National Title Company
Hernandez Richard R $675,000 None Available
Bywell David John -- Southland Title Of San Diego
Eicher Bywell Christina -- Southland Title Corporation
Eicher Bywell Christina $357,000 Southland Title Corporation
Snyder John M $275,000 Stewart Title
Guzzetta Christopher A -- --
Guzzetta Paul S -- Title Land
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gallegos James Edwin $536,500
Closed Gallegos James Edwin $538,000
Previous Owner Hernandez Richard R $540,000
Previous Owner Bywell David John $60,000
Previous Owner Bywell David John $420,000
Previous Owner Eicher Bywell Christina $303,450
Previous Owner Snyder John M $230,500
Previous Owner Snyder John M $218,400
Previous Owner Guzzetta Christopher A $195,000
Previous Owner Guzzetta Christopher A $95,000
Previous Owner Guzzetta Paul S $132,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/29/2017 12/29/17 Sold $738,000 -1.6% $252 / Sq Ft
12/01/2017 12/01/17 Pending -- -- --
09/01/2017 09/01/17 For Sale $749,900 -- $256 / 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 $10,600 $839,710 $530,224 $309,486
2024 $10,600 $823,246 $519,828 $303,418
2023 $10,431 $807,105 $509,636 $297,469
2022 $10,237 $791,281 $499,644 $291,637
2021 $10,073 $775,767 $489,848 $285,919
2019 $9,802 $752,760 $475,320 $277,440
2018 $9,528 $738,000 $466,000 $272,000
2016 $8,173 $630,000 $480,500 $149,500
2015 $7,637 $585,000 $446,200 $138,800
2014 $7,644 $585,000 $446,200 $138,800
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2017

    Andy Huang

    Reddoor International Realty

    (626) 665-5896

    39 Total Sales

    Andy Huang
    Section Image
  • Veronica Lopez

    Buyer's Agent in 2017

    Veronica Lopez

    SB REAL ESTATE

    (626) 653-2160

    1 in this area

    28 Total Sales

    Veronica Lopez
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR17203069

California Regional Multiple Listing Service (CRMLS)

APN: 8141-023-008

California Los Angeles County Whittier 90602

7937 Milton Ave, Whittier, CA

This home is located at 7937 Milton Ave, Whittier, CA 90602 since 01 September 2017 and is currently estimated at $1,210,201, approximately $412 per square foot. This property was built in 1956. 7937 Milton Ave is a home located in Los Angeles County with nearby schools including Lydia Jackson Elementary School, Walter F. Dexter Middle School, and Whittier High School.

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.

California Regional Multiple Listing Service (CRMLS) 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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