NOT LISTED FOR SALE

7953 Washington Ave Whittier, CA 90602

South Whittier Neighborhood

Estimated Value: $907,000 - $1,025,000

4 Beds
2 Baths
1,908 Sq Ft
$508/Sq Ft Est. Value

Last Sold January 25, 2022

Last sale price $832,000 $436 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $6,037/month

13 Days on Market

Highlights

  • Golf Course Community
  • Hiking Trails
  • Laundry Room

About This Home

As of January 2022

GREAT INVESTMENT OPPORTUNITY!!! OR LOOKING TO HAVE AN EXTRA UNIT TO HELP WITH THE MORTGAGE. WELL THIS PROPERTY IS IT. EACH UNIT HAS THEIR OWN ADDRESS. THIS PROPERTY IS CENTRALLY LOCATED TO LOCAL BUSINESSES, FWYS AND NEIGHBORING CITIES.

Last Agent to Sell the Property

VICTOR RUIZ

HomeSmart, Evergreen Realty License #01887489 Listed on: 12/03/2021

HomeSmart, Evergreen Realty

Last Buyer's Agent

VICTOR RUIZ

REALTY ONE GROUP MASTERS License #01887489

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1923

Lot Details

  • 6,851 Sq Ft Lot
  • No Common Walls
  • Density is 2-5 Units/Acre

Home Design

  • 1,908 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room

Listing and Financial Details

  • Tax Lot 31
  • Tax Tract Number 4994
  • Assessor Parcel Number 8141031011
  • $984 per year additional tax assessments

Community Details

Overview

  • 2 Units

Recreation

  • Golf Course Community
  • Hiking Trails

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Electric Expense $1,200
  • Insurance Expense $1,400
  • Trash Expense $900
  • Water Sewer Expense $1,200
  • Operating Expense $7,000
  • Gross Income $47,400
  • Net Operating Income $40,400

Property Details

Home Type

Multi-Family

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 1200.00
  • Zoning: WHR2YY
  • Property Type: Residential Income
  • Parcel Number: 8141031011
  • Year Built: 1923
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 436.06

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Trash Expense: 900.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Golf, Hiking

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 6851.00
  • Lot Size Acres: 0.1573

Multi Family

  • Electric Expense: 1200.00
  • Gross Income: 47400.00
  • Gross Scheduled Income: 47400.00
  • Insurance Expense: 1400.00
  • Lot Size Area: 6851.0000 Square Feet
  • Net Operating Income: 40400.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 7000.00
  • Rent Control: No
  • Total Expenses: 7000.00

Tax Info

  • Tax Census Tract: 5018.04
  • Tax Lot: 31
  • Tax Tract Number: 4994
  • TaxOtherAnnualAssessmentAmount: 984.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 3, 2021
Closed on
Jan 14, 2022
Sold by
Guadalupe Gonzalez Ana
Bought by
Gonzalez Mauricio Gonzalez
Seller's Agent
VICTOR RUIZ
HomeSmart, Evergreen Realty
Buyer's Agent
VICTOR RUIZ
HomeSmart, Evergreen Realty
List Price
$810,000
Sold Price
$832,000
Premium/Discount to List
$22,000
2.72%
Current Estimated Value
$970,128

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$138,128
Avg. Annual Appreciation
4.00%

Purchase Details

Closed on
Nov 5, 2019
Sold by
Vasquez Rita and Meza Rita V
Bought by
Vasquez Rita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$503,662
Interest Rate
3.37%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 8, 2012
Sold by
Meza Kenneth L
Bought by
Meza Rita V

Purchase Details

Closed on
Jun 8, 2005
Sold by
Owen Kazuko K
Bought by
Meza Kenneth L and Meza Rita V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$411,750
Interest Rate
8.18%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Gonzalez Mauricio Gonzalez -- Fidelity National Title
Vasquez Rita -- Stewart Title
Meza Rita V -- None Available
Meza Kenneth L $457,500 Fnt
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vasquez Rita $503,662
Previous Owner Meza Kenneth L $411,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/25/2022 01/25/22 Sold $832,000 +2.7% $436 / Sq Ft
12/16/2021 12/16/21 Pending -- -- --
12/03/2021 12/03/21 For Sale $810,000 -- $425 / 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 $11,445 $882,924 $607,010 $275,914
2024 $10,479 $865,612 $595,108 $270,504
2023 $10,232 $848,640 $583,440 $265,200
2022 $7,476 $589,137 $434,614 $154,523
2021 $7,554 $577,587 $426,093 $151,494
2020 $7,403 $571,665 $421,724 $149,941
2019 $7,283 $560,456 $413,455 $147,001
2018 $8,025 $549,468 $405,349 $144,119
2016 $6,727 $528,133 $389,609 $138,524
2015 $6,427 $506,000 $373,300 $132,700
2014 $6,024 $467,000 $344,500 $122,500
Source: Public Records

Agents Affiliated with this Home

  • V

    Seller's Agent in 2022

    VICTOR RUIZ

    HomeSmart, Evergreen Realty

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV21258865

California Regional Multiple Listing Service (CRMLS)

APN: 8141-031-011

California Los Angeles County Whittier 90602 South Whittier

7953 Washington Ave, Whittier, CA

Not Listed for Sale

MultiFamily

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