NOT LISTED FOR SALE

7948 Bright Ave Whittier, CA 90602

Estimated Value: $995,646 - $1,114,000

6 Beds
4 Baths
2,998 Sq Ft
$349/Sq Ft Est. Value

Last Sold August 13, 2021

Last sale price $870,000 $290 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $6,803/month

18 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Laundry Room
  • Landscaped
  • No HOA

About This Home

As of August 2021

GREAT INCOME POTENTIAL. 3 UNITES WITH 6 BEDROOMS TOTAL. GARAGE SHARED PARKING. STREET PARKING, SPACIOUS PROPERTY WITH ALLEY ACCESS TO GARAGE. CRAFTSMAN STYLE UNITS CLOSE TO SHOPING. INCOME UNITS, OR LIVE IN ONE UNIT, RENT THE OTHERS OUT. HOUSE MAIN UNIT WITH A AND B UNITS. EACH UNIT OF THREE HAS 2 FULL BEDROOMS. DRIVE BY ONLY DO NOT DISTURB OCCUPANTS. WALK TO PARK AND SCHOOL AS WELL AS SHOPPING. CONVIENENT TO WASHINGTON, FOR ACCESS TO BUSINES DISTRICT. PAINTER AVE, AND DOWNTOWN CIVIL PLAZA AREA IS CLOSE BY.

Last Agent to Sell the Property

Joyce Leonard

Showcase Homes, So Cal License #00704394 Listed on: 02/08/2021

Last Buyer's Agent

Carlos J Martinez

MARCAR RE Brokers Corp. License #01912497

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,221

Year Built

  • Built in 1922

Lot Details

  • 6,695 Sq Ft Lot
  • No Common Walls
  • Landscaped

Parking

  • 4 Car Garage

Home Design

  • 2,998 Sq Ft Home

Bedrooms and Bathrooms

  • 6 Bedrooms
  • All Bedrooms Down
  • 4 Bathrooms

Additional Features

  • Laundry Room
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 35
  • Tax Tract Number 4994
  • Assessor Parcel Number 8141031026

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters
  • Electric Expense $250
  • Insurance Expense $200
  • Other Expense $450
  • Trash Expense $150
  • Water Sewer Expense $300
  • New Taxes Expense $11,400
  • Operating Expense $20,400
  • Gross Income $4,400
  • Net Operating Income $47,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,221

Year Built

Built in 1922

Lot Details

0

Parking

4

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 300.00
  • Zoning: WHR3*
  • Property Type: Residential Income
  • Parcel Number: 8141031026
  • Year Built: 1922
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 290.19
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: Yes
  • Sewer: Sewer Paid
  • Trash Expense: 150.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped
  • Lot Size Sq Ft: 6695.00
  • Lot Size Acres: 0.1537

Multi Family

  • Electric Expense: 250.00
  • Gross Income: 4400.00
  • Gross Scheduled Income: 52800.00
  • Insurance Expense: 200.00
  • Lot Size Area: 6695.0000 Square Feet
  • Net Operating Income: 47400.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3
  • Number Of Units Total: 3
  • Operating Expense: 440.00
  • Other Expense: 450.00
  • Rent Control: No
  • Total Expenses: 20400.00

Tax Info

  • New Taxes Expense: 11400.00
  • Tax Census Tract: 5018.04
  • Tax Lot: 35
  • Tax Tract Number: 4994

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 27, 2021
Sold by
Mramor James E
Bought by
Cardoso Salvador and Delcardoso Maria Del
Current Estimated Value
$1,046,412

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$609,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 6, 1996
Sold by
Mramor James E
Bought by
Mramor James E and The James Edward Mramor Sr Rev

Purchase Details

Closed on
Jun 15, 1994
Sold by
Mramor Virginia R
Bought by
Mramor James E
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Cardoso Salvador $870,000 Wfg Title Company Of Ca
Mramor James E -- --
Mramor James E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cardoso Salvador $609,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/13/2021 08/13/21 Sold $870,000 +0.2% $290 / Sq Ft
02/26/2021 02/26/21 Pending -- -- --
02/08/2021 02/08/21 For Sale $868,000 -- $290 / 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 $13,221 $1,098,640 $656,887 $441,753
2024 $13,221 $1,070,571 $644,007 $426,564
2023 $12,811 $1,049,580 $631,380 $418,200
2022 $12,826 $1,029,000 $619,000 $410,000
2021 $4,289 $263,781 $43,352 $220,429
2020 $4,387 $261,077 $42,908 $218,169
2019 $4,135 $255,959 $42,067 $213,892
2018 $4,031 $250,942 $41,243 $209,699
2016 $3,817 $241,200 $39,643 $201,557
2015 $3,706 $237,578 $39,048 $198,530
2014 $3,779 $232,926 $38,284 $194,642
Source: Public Records

Agents Affiliated with this Home

  • Joyce Leonard

    Seller's Agent in 2021

    Joyce Leonard

    Showcase Homes, So Cal

    (909) 861-6000

    4 in this area

    36 Total Sales

    Section Image

  • C

    Buyer's Agent in 2021

    Carlos J Martinez

    MARCAR RE Brokers Corp.

    (213) 700-2125

    2 in this area

    17 Total Sales

    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW21025781

California Regional Multiple Listing Service (CRMLS)

APN: 8141-031-026

California Los Angeles County Whittier 90602

7948 Bright Ave, Whittier, CA

This home is located at 7948 Bright Ave, Whittier, CA 90602 since 08 February 2021 and is currently estimated at $1,046,412, approximately $349 per square foot. This property was built in 1922. 7948 Bright 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

Nearby Homes