M
Seller's Agent in 2019
Melanie Bickley
Whittier Brokers
8326 Sargent Ave Whittier, CA 90605
Michigan Park Neighborhood
7
Beds
7
Baths
4,716
Sq Ft
6,813
Sq Ft Lot
Highlights
- Property is near park
- Lawn
- Laundry Room
- Ocean View Elementary School Rated A-
- No HOA
- Landscaped
About This Home
As of August 2019One of the BEST locations for Whittier apartment investment. MICHIGAN PARK! OCEAN VIEW & EAST WHITTIER JrHi - TWO of Whittier's AWARD Winning TOP schools! This Well located SIX-plex is easy walking distance to Whittier’s TRENDY NEW CROSSROADS, Dining Center with Grub Burger, Off the Hook Jersey Mike's & Starbucks! PLUS - LA Fitness & HUGE Michigan Park with recreational, exercise & picnic facilities. Units are updated during a vacancy for a clean well-maintained property. Laundry room is owner operated with storage cabinets for residents. The quiet, side yard allows outdoor area. FIRST time on the market in 40 years, this IS the opportunity of a lifetime. Rents are competitively under market for steady occupancy; room for upside increase. NO ON-SITE MANAGER REQUIRED for this size building! Income & operating expenses are from 2018 Year End report. Taxes are estimated as Prop13 1% rate.
Last Agent to Sell the Property
Melanie Bickley
Whittier Brokers License #00519059 Listed on: 06/19/2019
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1956
Lot Details
- 6,813 Sq Ft Lot
- Two or More Common Walls
- Landscaped
- Level Lot
- Sprinkler System
- Lawn
- Front Yard
Home Design
- Apartment
- Stucco
Interior Spaces
- 4,716 Sq Ft Home
- 2-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 7 Bedrooms
- 7 Bathrooms
Parking
- 6 Parking Spaces
- 6 Carport Spaces
- Parking Available
- Assigned Parking
Location
- Property is near park
- Suburban Location
Listing and Financial Details
- Tax Lot 28
- Tax Tract Number 19390
- Assessor Parcel Number 8143002005
Community Details
Overview
- No Home Owners Association
- 6 Units
Amenities
- Laundry Facilities
Building Details
- 7 Separate Electric Meters
- 7 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $404
- Fuel Expense $271
- Insurance Expense $2,500
- Professional Management Expense $3,800
- Trash Expense $1,860
- Water Sewer Expense $2,355
- New Taxes Expense $9,381
- Operating Expense $20,571
- Gross Income $93,812
- Net Operating Income $42,272
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/30/2019 08/30/19 | Sold | $1,400,000 | 0.0% | $297 / Sq Ft |
| 07/15/2019 07/15/19 | Pending | -- | -- | -- |
| 06/19/2019 06/19/19 | For Sale | $1,400,000 | -- | $297 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $18,784 | $1,531,101 | $1,071,772 | $459,329 |
| 2024 | $18,784 | $1,501,080 | $1,050,757 | $450,323 |
| 2023 | $18,480 | $1,471,648 | $1,030,154 | $441,494 |
| 2022 | $18,041 | $1,442,793 | $1,009,955 | $432,838 |
| 2021 | $17,797 | $1,414,503 | $990,152 | $424,351 |
| 2019 | $8,731 | $578,341 | $125,112 | $453,229 |
| 2018 | $8,264 | $567,010 | $122,659 | $444,351 |
| 2016 | $7,658 | $544,562 | $117,897 | $426,665 |
| 2015 | $7,622 | $536,384 | $116,127 | $420,257 |
| 2014 | $7,567 | $525,878 | $113,853 | $412,025 |
Source: Public Records
Agents Affiliated with this Home
-
-
Richard Dowling
Buyer's Agent in 2019
Richard Dowling
RE/MAX
(562) 696-3300
2 in this area
6 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW19146465
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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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