NOT LISTED FOR SALE

8026 Bright Ave Whittier, CA 90602

Estimated Value: $803,000 - $935,000

4 Beds
2 Baths
1,390 Sq Ft
$634/Sq Ft Est. Value

Last Sold October 28, 2020

Last sale price $640,000 $460 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $5,543/month

15 Days on Market

Highlights

  • Laundry Room
  • Landscaped
  • Rectangular Lot

About This Home

As of October 2020

Great duplex with tons of charm and curb appeal located on tree-lined street near Uptown Whittier. Property is situated as two detached homes on a lot with separate addresses, gas, water, and electrical meters. Features include: indoor laundry in each unit, nice hardscape / landscape, automatic sprinklers, and covered patios. Plumbing, electrical, and structure is in good shape to sellers knowledge. Roof was remodeled in 2012 as well as the rear unit bathroom and windows. Great location near Historic Uptown Whittier, The Quad Shopping district, Whittier's hiking trails and PIH hospital. Perfect investment for first time buyer, multi-generational family, owner occupant / investor, and investor looking for a solid investment in a good neighborhood with strong rental income potential.

Last Agent to Sell the Property

Paul Purunjian

Purunjian Inc. License #01417303 Listed on: 09/01/2020

Last Buyer's Agent

Paul Purunjian

Purunjian Inc. License #01417303 Listed on: 09/01/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,310

Year Built

  • Built in 1928

Lot Details

  • 6,939 Sq Ft Lot
  • No Common Walls
  • Landscaped
  • Rectangular Lot
  • Front and Back Yard Sprinklers

Home Design

  • 1,390 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Additional Features

  • Laundry Room
  • Suburban Location

Listing and Financial Details

  • Tax Lot 18
  • Tax Tract Number 5237
  • Assessor Parcel Number 8141032006

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Gross Income $34,200
  • Net Operating Income $30,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,310

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Property Attached: No
  • Zoning: WHC2*
  • Property Type: Residential Income
  • Parcel Number: 8141032006
  • Year Built: 1928
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 460.43

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Landscaped, Rectangular Lot, Sprinkler System, Sprinklers In Front, Sprinklers In Rear, Sprinklers Timer
  • Lot Size Sq Ft: 6939.00
  • Lot Size Acres: 0.1593

Multi Family

  • Gross Income: 34200.00
  • Gross Scheduled Income: 34200.00
  • Lot Size Area: 6939.0000 Square Feet
  • Net Operating Income: 30600.00
  • 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: 3600.00
  • Rent Control: No

Tax Info

  • Tax Census Tract: 5018.04
  • Tax Lot: 18
  • Tax Tract Number: 5237

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 2, 2024
Sold by
Pedersen Michael B
Bought by
Michael B Pedersen Trust and Pedersen
Current Estimated Value
$913,921

Purchase Details

Listed on
Sep 1, 2020
Closed on
Sep 17, 2020
Sold by
Psr Holdings Llc
Bought by
Pedersen Michael B
Seller's Agent
Paul Purunjian
Purunjian Inc.
Buyer's Agent
Paul Purunjian
Purunjian Inc.
List Price
$650,000
Sold Price
$640,000
Premium/Discount to List
-$10,000
-1.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.47%
Original Mortgage
$400,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 1, 2012
Closed on
May 25, 2012
Sold by
Torbiner Kenneth
Bought by
Psr Holding Llc
Seller's Agent
Linda Ethier
Linda Ethier, Broker
Buyer's Agent
Laura Thorne
Seven Gables Real Estate
List Price
$365,000
Sold Price
$330,000
Premium/Discount to List
-$35,000
-9.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.21%

Purchase Details

Closed on
Oct 3, 2008
Sold by
Torbiner Asya
Bought by
Torbiner Kenneth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.31%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 21, 2007
Sold by
Soria Guillermo
Bought by
Torbiner Kenneth

Purchase Details

Closed on
Oct 13, 2005
Sold by
Soria Guillermo
Bought by
Soria Guillermo and Torbiner Kenneth

Purchase Details

Closed on
Feb 23, 2005
Sold by
Saenz Ida Marie
Bought by
Saenz Arthur D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 3, 2005
Sold by
Saenz Arthur D
Bought by
Soria Guillermo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 6, 2004
Sold by
Saenz Ida Marie
Bought by
Saenz Arthur D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$342,000
Interest Rate
7.2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 21, 2004
Sold by
Residential Ventures Inc
Bought by
Saenz Arthur D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$342,000
Interest Rate
7.2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 3, 2004
Sold by
Jones Richard Gary and Jones Anneliese M
Bought by
Residential Ventures Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$342,000
Interest Rate
7.2%
Mortgage Type
Purchase Money Mortgage
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
Michael B Pedersen Trust -- None Listed On Document
Michael B Pedersen Trust -- None Listed On Document
Pedersen Michael B $640,000 Fidelity National Title Co
Psr Holding Llc $330,000 Lawyers Title
Torbiner Kenneth -- Commonwealth Land Title
Torbiner Kenneth -- Accommodation
Soria Guillermo -- Southland Title Corporation
Saenz Arthur D -- Diversified Title & Escrow S
Soria Guillermo $450,000 Diversified Title & Escrow S
Saenz Arthur D -- --
Saenz Arthur D $380,000 --
Residential Ventures Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pedersen Michael B $400,000
Previous Owner Torbiner Kenneth $200,000
Previous Owner Soria Guillermo $360,000
Previous Owner Saenz Arthur D $342,000
Previous Owner Residential Ventures Inc $450,000
Closed Soria Guillermo $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/28/2020 10/28/20 Sold $640,000 -1.5% $460 / Sq Ft
09/16/2020 09/16/20 Pending -- -- --
09/01/2020 09/01/20 For Sale $650,000 +97.0% $468 / Sq Ft
06/08/2012 06/08/12 Sold $330,000 -9.6% $237 / Sq Ft
05/31/2012 05/31/12 Pending -- -- --
04/01/2012 04/01/12 For Sale $365,000 -- $263 / 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 $8,310 $692,753 $451,372 $241,381
2024 $8,310 $679,171 $442,522 $236,649
2023 $8,273 $665,855 $433,846 $232,009
2022 $8,117 $652,800 $425,340 $227,460
2021 $7,979 $640,000 $417,000 $223,000
2020 $5,044 $379,000 $287,123 $91,877
2019 $4,995 $371,570 $281,494 $90,076
2018 $4,821 $364,285 $275,975 $88,310
2016 $4,609 $350,141 $265,259 $84,882
2015 $4,599 $344,882 $261,275 $83,607
2014 -- $338,127 $256,157 $81,970
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW20180781

California Regional Multiple Listing Service (CRMLS)

APN: 8141-032-006