Emma Perez
Responds Quickly
Century 21 Cornerstone
(747) 223-6382
81 Total Sales
2 in Michigan Park
$875,000 Price Range
8360 Sargent Ave Whittier, CA 90605
Michigan Park Neighborhood
5
Beds
4
Baths
4,876
Sq Ft
6,598
Sq Ft Lot
About This Home
As of October 2021*Great Location in the City of Whittier. The Two-Story 6 Units Well Maintained Apartment Building in An Excellent and High Demand Rental Desirable Neighborhood with Low Vacancy Rate in the City of Whittier (Next to Hacienda Heights, La Habra, Pico Rivera). Close to Whittier City College. Building Inside Total 4,876 Sq.ft. Newer Paint on the Building. Newer Windows and Most of the Units have been Renovated. 2 Units are All Two Bedrooms with One Bath at Monthly Rent of $1,650. And 4 Units are One Bedroom with One Bath at a Monthly Rent $1,650, Currently, Only One unit of One Bedroom with One Bath has been Renovated for New Buyer but Not Rent out for the Buyer to Collect Higher Rent. Individual Laundry Room. Tenants pay for Their Own Gas & Electricity Bills Thru Individual Meters. Annual Gross Schedule Income Approx. $118,800 (Current Actual Gross Income $79,200), Pro Forma Annual Gross Income Approx. $127,116. Annual Expense $33,594 which includes Property Tax, Insurance, Gardener, Electricity in Common Area, Water, Trash and Management Fee. Annual Schedule Net Operating Income Approx. $85,206. Separate On-Site Washer or Dryer. 6 Car Garage Parking Spaces in the Back of the Building. Close to Freeway 605 and 60, Shopping Centers, Restaurants & Parks. Tenants with a "Month-To-Month" Lease which Provides an Investor the Opportunity to Adjust the Rent in the future. Great investment opportunity For The Investor to Keep as a Long Term Investment.
Last Agent to Sell the Property
Century Commercial RE Services License #01772547 Listed on: 08/05/2021
Last Buyer's Agent
Frank Anguiano
Coldwell Banker Envision License #01992298
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Property Details
Home Type
- Apartment
Year Built
- Built in 1955
Lot Details
- 6,598 Sq Ft Lot
- No Common Walls
- Flag Lot
Parking
- 6 Car Garage
- On-Street Parking
Home Design
- 4,876 Sq Ft Home
Bedrooms and Bathrooms
- 5 Bedrooms
- 4 Bathrooms
Laundry
- Laundry Room
Listing and Financial Details
- Tax Lot 21
- Tax Tract Number 19390
- Assessor Parcel Number 8143001003
Community Details
Building Details
- Rent Control
- 7 Separate Electric Meters
- 7 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $401
- Fuel Expense $235
- Insurance Expense $5,007
- Professional Management Expense $4,200
- Trash Expense $2,299
- Water Sewer Expense $2,012
- New Taxes Expense $18,240
- Operating Expense $35,594
- Gross Income $118,800
- Net Operating Income $85,206
Additional Features
- 6 Units
- Laundry Facilities
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
Listed on
Aug 5, 2021
Closed on
Oct 5, 2021
Sold by
Bought by
Seller's Agent
Teresa Wang
Century Commercial RE Services
Buyer's Agent
Frank Anguiano
Coldwell Banker Envision
List Price
$1,880,000
Sold Price
$1,850,000
Premium/Discount to List
-$30,000
-1.6%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Outstanding Balance
$624,320
Interest Rate
2.8%
Mortgage Type
Commercial
Purchase Details
Closed on
Aug 14, 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
$700,000
Interest Rate
4.5%
Mortgage Type
Commercial
Purchase Details
Closed on
Sep 18, 2014
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
$600,000
Interest Rate
4.2%
Mortgage Type
Negative Amortization
Purchase Details
Closed on
Mar 5, 2013
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
$560,000
Interest Rate
3.49%
Mortgage Type
Commercial
Purchase Details
Closed on
Dec 7, 2010
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
$560,000
Interest Rate
4.43%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Nov 14, 2005
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Michigan Park, CA
-
Emma Perez
-
Brent Ballard
Brent Ballard
Anderson Ballard Companies
(747) 307-4526
165 Total Sales
2 in Michigan Park
$903K - $910K Price Range
-
Liz Gonzalez
Liz Gonzalez
T.N.G. Real Estate Consultants
(562) 352-2867
49 Total Sales
2 in Michigan Park
$900K - $1.1M Price Range
-
Carlos Barron
Carlos Barron
T.N.G. Real Estate Consultants
(657) 385-7956
82 Total Sales
2 in Michigan Park
$1,010,000 Price Range
-
Erick Guzman
Erick Guzman
RE/MAX TOP PRODUCERS
(626) 261-7921
61 Total Sales
1 in Michigan Park
$685,000 Price
-
Karla Telleria
Karla Telleria
Keller Williams Realty
(424) 393-2593
45 Total Sales
2 in Michigan Park
$1,150,888 Price Range
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 |
|---|---|---|---|
| $1,850,000 | New Title Company Name | ||
| $1,440,000 | First American Title | ||
| $925,000 | Chicago | ||
| -- | Chicago Title | ||
| $910,000 | Chicago Title Company | ||
| -- | -- |
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 |
|---|---|---|---|
| Open | $700,000 | ||
| Previous Owner | $700,000 | ||
| Previous Owner | $600,000 | ||
| Previous Owner | $560,000 | ||
| Previous Owner | $560,000 |
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 | Prior Sale |
|---|---|---|---|---|---|
| 10/15/2021 10/15/21 | Sold | $1,850,000 | -1.6% | $379 / Sq Ft | |
| 08/25/2021 08/25/21 | Pending | -- | -- | -- | |
| 08/05/2021 08/05/21 | For Sale | $1,880,000 | +30.6% | $386 / Sq Ft | |
| 10/18/2018 10/18/18 | Sold | $1,440,000 | -2.4% | $295 / Sq Ft | View Prior Sale |
| 08/13/2018 08/13/18 | Pending | -- | -- | -- | |
| 08/03/2018 08/03/18 | For Sale | $1,475,000 | -- | $303 / Sq Ft |
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 | $25,594 | $1,963,233 | $1,177,940 | $785,293 |
| 2024 | $23,711 | $1,924,740 | $1,154,844 | $769,896 |
| 2023 | $23,308 | $1,887,000 | $1,132,200 | $754,800 |
| 2022 | $23,090 | $1,850,000 | $1,110,000 | $740,000 |
| 2021 | $18,581 | $1,484,016 | $865,676 | $618,340 |
| 2020 | $18,303 | $1,469,020 | $856,800 | $612,220 |
| 2019 | $18,178 | $1,440,220 | $840,000 | $600,220 |
| 2018 | $12,862 | $977,262 | $712,977 | $264,285 |
| 2016 | $12,063 | $939,105 | $685,293 | $253,812 |
| 2015 | $12,003 | $925,000 | $675,000 | $250,000 |
| 2014 | $12,440 | $951,061 | $564,366 | $386,695 |
Source: Public Records
Agents Affiliated with this Home
-
Teresa Wang
Seller's Agent in 2021
Teresa Wang
Century Commercial RE Services
(626) 500-5789
1 in this area
20 Total Sales
-
F
Buyer's Agent in 2021
Frank Anguiano
Coldwell Banker Envision
-
Gary Tolfa
Seller's Agent in 2018
Gary Tolfa
Triqor Group
(949) 756-3232
11 Total Sales
-
S
Buyer's Agent in 2018
Sheng Wang
Century 21 Care
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: TR21172510
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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