Seller's Agent in 2021
Justin McCardle
Growth Investment Group Pasade
(626) 594-4901
1 in this area
27 Total Sales
8216 Painter Ave Whittier, CA 90602
Michigan Park Neighborhood
5
Beds
5
Baths
6,819
Sq Ft
0.57
Acres
Highlights
- 0.57 Acre Lot
- Private Yard
- Laundry Room
- Corner Lot
About This Home
As of June 2021We are proud to exclusively offer WHITTIER COURTYARD – 8216-26 Painter Ave, a 9-unit beautiful garden style apartment
investment opportunity located in the City of Whittier, CA. The property is strategically located less than a mile from Whittier City Hall, Whittier
College and Uptown Whittier area. It is also a walking distance to Quad at Whittier shopping center (±400,000 SF destination center which
housed Ralphs, Burlington Coat Factory, Rite Aid, Ross, TJ Maxx, Staples, Petco, Big 5, Old Navy, Olive Garden, Baja Fresh, Chili’s and other local/
national retailers). It is minutes away from Whittier Hospital and the Whittwood Town Center (a shopping center which includes JCPenney, Sears,
Target, Kohl’s, PetSmart, Black Angus Steakhouse, Panera Bread and many more). WHITTIER COURTYARD is a pride-of-ownership attractive two-story garden style apartment that is situated on an oversized lot of ±24,698 SF. It is a corner lot on Ramona Dr, a quiet tree-lined single family residential area. It has a lush and expansive landscaping that offers a future expansion opportunity (ADUs) and wonderful living atmosphere for tenants. The property was built in 1952 and has 2 separate buildings. The main building is a single-story apartment that has 5 units, and the 2nd building is a 2-story apartment with 4 units. The building offers an excellent unit mix of 1 x 2bed+2bath, 4 x 2bed+1bath, 2 x 1bed+1bath and 2 x studio units. Many of the tenants are longtime tenants that are month to month which offers an excellent value add upside potential. The 2bed+2bath unit have been fully upgraded with new flooring, new kitchen with quartz countertops and new cabinets, new bathroom with tiled shower and new bathtub, central A/C and heating. There are 12 parking spaces provided by 3 garages and 9 carports. The property is separately metered for electricity and gas. It has shared laundry room. The 2-story building has been earthquake retrofitted sometimes in 2018. Because of the large lot size and its SP zoning (Whittier Blvd Specific Plan), there is a high probability that new owner can add multiple units to this parcel.
Last Agent to Sell the Property
Growth Investment Group Pasade License #01895720 Listed on: 04/19/2021
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1952
Lot Details
- 0.57 Acre Lot
- Two or More Common Walls
- Corner Lot
- Private Yard
Parking
- 3 Car Garage
- 9 Carport Spaces
Home Design
- 6,819 Sq Ft Home
- Property Attached
Bedrooms and Bathrooms
- 5 Bedrooms
- 5 Bathrooms
Additional Features
- Laundry Room
- Urban Location
Listing and Financial Details
- Tax Lot 1
- Tax Tract Number 7943
- Assessor Parcel Number 8142024030
Community Details
Overview
- 2 Buildings
- 9 Units
Amenities
- Laundry Facilities
Building Details
- Rent Control
- 13 Separate Electric Meters
- 13 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $1,471
- Fuel Expense $856
- Insurance Expense $3,689
- Professional Management Expense $4,921
- Trash Expense $3,865
- Water Sewer Expense $5,111
- New Taxes Expense $32,671
- Operating Expense $59,431
- Gross Income $169,104
- Net Operating Income $104,559
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
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/18/2021 06/18/21 | Sold | $2,645,000 | -1.7% | $388 / Sq Ft |
| 06/09/2021 06/09/21 | Pending | -- | -- | -- |
| 04/19/2021 04/19/21 | For Sale | $2,690,000 | 0.0% | $394 / Sq Ft |
| 11/18/2017 11/18/17 | Rented | $1,395 | 0.0% | -- |
| 11/17/2017 11/17/17 | Off Market | $1,395 | -- | -- |
| 10/31/2017 10/31/17 | For Rent | $1,395 | -- | -- |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
Agents Affiliated with this Home
-
Justin McCardle
-
NoEmail NoEmail
N
Buyer's Agent in 2021
NoEmail NoEmail
NONMEMBER MRML
(646) 541-2551
2 in this area
5,848 Total Sales
-
J
Seller's Agent in 2017
Justin Manion
Ponderosa Property Mgmt, Inc.
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: AR21078069
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.
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
- 13503 Valna Dr
- 13504 Russell St
- 13417 Maulsby Dr
- 7948 Rhea Vista Dr
- 8146 Bright Ave
- 7932 Rhea Vista Dr
- 7909 Rhea Vista Dr
- 7933 Washington Ave
- 13833 Ramona Dr
- 8366 Sargent Ave
- 7924 Bright Ave
- 13924 2nd St
- 8017 Greenleaf Ave
- 8537 Painter Ave
- 7944 Comstock Ave
- 8603 Laurel Ave
- 8011 Comstock Ave
- 7757 Comstock Ave
- 8723 Laurel Ave
- 13436 Dittmar Dr
- 8220 Painter Ave
- 8222 Painter Ave
- 8226 Painter Ave Unit B
- 8224 Painter Ave
- 13419 Ramona Dr
- 13422 Valna Dr
- 13425 Ramona Dr
- 13410 Ramona Dr
- 13426 Valna Dr
- 13503 Ramona Dr
- 13414 Ramona Dr
- 13502 Valna Dr
- 13420 Ramona Dr
- 8244 Painter Ave
- 13507 Ramona Dr
- 13424 Ramona Dr
- 13421 Valna Dr
- 13506 Valna Dr
- 13502 Ramona Dr
- 13425 Valna Dr