Seller's Agent in 2021
Justin McCardle
Growth Investment Group Pasade
(626) 594-4650
27 Total Sales
8216 Painter Ave Whittier, CA 90602
Michigan Park Neighborhood
5
Beds
5
Baths
6,819
Sq Ft
0.57
Acre Lot
Highlights
- 0.57 Acre Lot
- Corner Lot
- Private Yard
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
Last Buyer's Agent
General NONMEMBER
NONMEMBER MRML
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1952
Lot Details
- 24,698 Sq Ft 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 in unit
- 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
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 15, 2023
Sold by
Bought by
Purchase Details
Listed on
Apr 19, 2021
Closed on
May 24, 2021
Sold by
Bought by
Seller's Agent
Justin McCardle
Growth Investment Group Pasade
Buyer's Agent
General NONMEMBER
NONMEMBER MRML
List Price
$2,690,000
Sold Price
$2,645,000
Premium/Discount to List
-$45,000
-1.67%
Purchase Details
Closed on
Jun 25, 2018
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,404,100
Interest Rate
0.045%
Mortgage Type
Commercial
Purchase Details
Listed on
Oct 31, 2017
Closed on
Nov 8, 2017
Sold by
Bought by
Seller's Agent
Justin Manion
Ponderosa Property Mgmt, Inc.
Buyer's Agent
Justin Manion
Ponderosa Property Mgmt, Inc.
Sold Price
$1,395
Purchase Details
Closed on
Dec 2, 2016
Sold by
Bought by
Purchase Details
Closed on
Jun 12, 1996
Sold by
Bought by
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| -- | -- | ||
| -- | -- | ||
| $2,645,000 | Chicago Title | ||
| $1,863,000 | Chicago Title Company | ||
| -- | Chicago Title Company | ||
| -- | None Available | ||
| -- | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $1,425,000 | ||
| Previous Owner | $1,470,000 | ||
| Previous Owner | $1,404,100 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $38,604 | $2,863,030 | $1,809,824 | $1,053,206 |
| 2024 | $35,614 | $2,806,893 | $1,774,338 | $1,032,555 |
| 2023 | $35,196 | $2,751,857 | $1,739,548 | $1,012,309 |
| 2022 | $33,888 | $2,697,900 | $1,705,440 | $992,460 |
| 2021 | $25,621 | $1,927,624 | $1,218,130 | $709,494 |
| 2020 | $25,293 | $1,900,460 | $1,205,640 | $694,820 |
| 2019 | $24,818 | $1,863,200 | $1,182,000 | $681,200 |
| 2018 | $21,447 | $1,667,900 | $999,600 | $668,300 |
| 2017 | $7,152 | $418,597 | $186,368 | $232,229 |
| 2016 | $7,034 | $410,390 | $182,714 | $227,676 |
| 2015 | $6,885 | $404,227 | $179,970 | $224,257 |
| 2014 | $6,821 | $396,310 | $176,445 | $219,865 |
Source: Public Records
Agents Affiliated with this Home
-
Justin McCardle
-
G
Buyer's Agent in 2021
General NONMEMBER
NONMEMBER MRML
-
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
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