NOT LISTED FOR SALE

Whittier, CA 90602

Uptown Whittier Neighborhood

Estimated Value: $1,548,000 - $1,674,305

3 Beds
4 Baths
3,240 Sq Ft
$497/Sq Ft Est. Value

Last Sold June 14, 2013

Last sale price $655,000 $202 Per Sq Ft

Est. 146% increase in value since last sale

Current estimated payment $9,748/month

63 Days on Market

About This Home

As of June 2013

Uptown Whittier. 7 separate units 6 one bedroom one bath one studio. 4 are currently rented with the other 3 in process.

Last Agent to Sell the Property

Joann Luft

Coldwell Banker Envision License #01141575 Listed on: 03/11/2013

Coldwell Banker Envision

Last Buyer's Agent

Hector Alvarado

Hector Alvarado, Broker License #01250894

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1914

Lot Details

  • 6,999 Sq Ft Lot
  • No Common Walls

Home Design

  • 3,240 Sq Ft Home
  • Bungalow
  • Composition Roof

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 4 Bathrooms

Location

  • Urban Location

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, water
  • Tax Lot 17
  • Assessor Parcel Number 8141008015

Community Details

Overview

  • 7 Buildings
  • 7 Units

Building Details

  • 4 Leased Units
  • 7 Separate Electric Meters
  • 7 Separate Gas Meters
  • 1 Separate Water Meter
  • New Taxes Expense $9,360
  • Gross Income $5,560
  • Net Operating Income $40,032

Property Details

Home Type

Multi-Family

Year Built

Built in 1914

Lot Details

0

Listing Details

  • Property Attached: No
  • Architectural Style: Bungalow
  • Property Type: Residential Income
  • Parcel Number: 8141008015
  • Year Built: 1914
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 202.16

Exterior Features

  • Pool Private: No
  • Roof: Composition

Utilities

  • Utilities: Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Urban

Lot Info

  • Lot Features: Lot 6500-9999
  • Lot Size Sq Ft: 6999.00
  • Lot Size Acres: 0.1610

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Water

Multi Family

  • Gross Income: 5560.00
  • Gross Scheduled Income: 66720.00
  • Lot Size Area: 6999.0000 Square Feet
  • Net Operating Income: 40032.00
  • Number Of Separate Electric Meters: 7
  • Number Of Separate Gas Meters: 7
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 7
  • Number With Carpet: 7
  • Operating Expense: 23352.00
  • Rent Control: No
  • Total Actual Rent: 3085.00

Tax Info

  • New Taxes Expense: 9360.00
  • Tax Lot: 17
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 15, 2017
Sold by
Jewel Investments Llc
Bought by
Giordani Art and Romero Dolores
Current Estimated Value
$1,611,153

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Outstanding Balance
$457,728
Interest Rate
4.3%
Mortgage Type
Negative Amortization
Estimated Equity
$1,153,425

Purchase Details

Closed on
May 3, 2016
Sold by
Jewel Investments Llc
Bought by
Jewel Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$565,000
Interest Rate
3.71%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 27, 2016
Sold by
Musina Kadriya
Bought by
Jewel Investments Llc

Purchase Details

Closed on
Oct 1, 2015
Sold by
Ag Investment Rehabber Llc
Bought by
Musina Kadriya

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$565,000
Interest Rate
3.81%
Mortgage Type
Commercial

Purchase Details

Listed on
Mar 11, 2013
Closed on
May 21, 2013
Sold by
Procter Richard B and Robert R Procter Living Trust
Bought by
Ag Investment Rehabbers Llc
Seller's Agent
Joann Luft
Coldwell Banker Envision
Buyer's Agent
Hector Alvarado
Hector Alvarado, Broker
List Price
$749,000
Sold Price
$655,000
Premium/Discount to List
-$94,000
-12.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.43%
Original Mortgage
$450,000
Interest Rate
3.32%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Giordani Art $1,075,000 Ticor Title Co
Jewel Investments Llc -- Old Republic Title
Jewel Investments Llc -- None Available
Musina Kadriya $875,000 Orange Coast Title Co Socal
Ag Investment Rehabbers Llc $655,000 Orange Coast Title Company O
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Giordani Art $550,000
Previous Owner Jewel Investments Llc $565,000
Previous Owner Musina Kadriya $565,000
Previous Owner Ag Investment Rehabbers Llc $450,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/14/2013 06/14/13 Sold $655,000 -12.6% $202 / Sq Ft
05/13/2013 05/13/13 Pending -- -- --
03/11/2013 03/11/13 For Sale $749,000 -- $231 / 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
2025 $15,983 $1,247,624 $812,407 $435,217
2024 $15,983 $1,223,162 $796,478 $426,684
2023 $15,831 $1,199,179 $780,861 $418,318
2022 $15,413 $1,175,666 $765,550 $410,116
2021 $15,066 $1,152,615 $750,540 $402,075
2019 $14,818 $1,119,105 $728,280 $390,825
2018 $14,640 $1,097,175 $714,000 $383,175
2016 $11,819 $875,000 $525,000 $350,000
2015 $9,388 $671,119 $307,383 $363,736
2014 $9,257 $657,973 $301,362 $356,611
Source: Public Records

Agents Affiliated with this Home

  • Joann Luft

    Seller's Agent in 2013

    Joann Luft

    Coldwell Banker Envision

    (562) 945-2221

    2 in this area

    20 Total Sales

    Joann Luft
    Section Image
  • Hector Alvarado

    Buyer's Agent in 2013

    Hector Alvarado

    Hector Alvarado, Broker

    (626) 695-6622

    11 Total Sales

    Hector Alvarado
    Section Image
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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW13042658

California Regional Multiple Listing Service (CRMLS)

APN: 8141-008-015

California Los Angeles County Whittier 90602

Uptown Whittier

Not Listed for Sale

MultiFamily

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