NOT LISTED FOR SALE

8235 Whittier Blvd Pico Rivera, CA 90660

Estimated Value: $1,752,041

7 Beds
7 Baths
4,645 Sq Ft
$377/Sq Ft Est. Value

Last Sold May 17, 2022

Last sale price $1,650,000 $355 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $11,590/month

33 Days on Market

About This Home

As of May 2022

* Built in 1985
* Large units, some with vaulted ceilings
* Over 20% upside in rental income
* Highest cap rate on the local market at 4.65%
* Ample onsite parking including 7 garage spaces.
* First time ever on the market

Last Listed By

Daniel Gomez

Younglewin Advisors, Inc. License #02081392 Listed on: 02/11/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $21,954

Year Built

  • Built in 1985

Lot Details

  • 6,692 Sq Ft Lot
  • Two or More Common Walls

Parking

  • 7 Open Parking Spaces
  • 7 Car Garage

Home Design

  • 4,645 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Bathrooms

Additional Features

  • Laundry Room
  • Property is near a park

Listing and Financial Details

  • Tax Lot 28
  • Tax Tract Number 8128
  • Assessor Parcel Number 6347027030
  • $2,045 per year additional tax assessments

Community Details

Building Details

  • 6 Separate Electric Meters
  • 6 Separate Gas Meters
  • 1 Separate Water Meter
  • Operating Expense $38,948
  • Gross Income $111,038
  • Net Operating Income $72,089

Additional Features

  • 6 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$21,954

Year Built

Built in 1985

Lot Details

0

Parking

7

Listing Details

  • CapRate: 4.65
  • Price Per Unit: 258333
  • Property Attached: Yes
  • Zoning: PRCG*
  • Property Type: Residential Income
  • Parcel Number: 6347027030
  • Year Built: 1985
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 355.22

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 7.00
  • Total Parking Spaces: 14.00
  • Uncovered Spaces: 7.00

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Park Nearby
  • Lot Size Sq Ft: 6692.00
  • Lot Size Acres: 0.1536

Multi Family

  • Gross Income: 111038.00
  • Gross Multiplier: 13.65
  • Gross Scheduled Income: 113544.00
  • Lot Size Area: 6692.0000 Square Feet
  • Net Operating Income: 72089.00
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 6
  • Operating Expense: 38948.00
  • Rent Control: No
  • Total Expenses: 38948.00

Tax Info

  • Tax Census Tract: 5006.00
  • Tax Lot: 28
  • Tax Tract Number: 8128
  • TaxOtherAnnualAssessmentAmount: 2045.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 16, 1997
Sold by
Gotthardt Larry
Bought by
Gotthardt Lawrence Andrew and Gotthardt Emma Jean
Total Days on Market
33
Current Estimated Value
$1,752,041

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
Gotthardt Lawrence Andrew -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Pico Whittier Llc $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/17/2022 05/17/22 Sold $1,650,000 +6.5% $355 / Sq Ft
03/16/2022 03/16/22 Pending -- -- --
02/11/2022 02/11/22 For Sale $1,550,000 -- $334 / 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
2024 $21,954 $1,716,660 $1,352,520 $364,140
2023 $21,979 $1,683,000 $1,326,000 $357,000
2022 $7,800 $490,023 $69,679 $420,344
2021 $7,523 $480,415 $68,313 $412,102
2019 $7,253 $467,268 $66,288 $400,980
2018 $7,269 $458,129 $64,989 $393,140
2016 $6,907 $439,283 $62,466 $376,817
2015 $6,538 $432,685 $61,528 $371,157
2014 $6,453 $424,210 $60,323 $363,887
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW22028041

California Regional Multiple Listing Service (CRMLS)

APN: 6347-027-030