Search
11517 Obert Ave, Whittier, CA 90604
Image 2 for 11517 Obert Ave, Whittier, CA 90604
Image 3 for 11517 Obert Ave, Whittier, CA 90604
View Photos

11517 Obert Ave Whittier, CA 90604

$2,310,000 Sold Price as of 09/21/2021
  • 14 Beds
  • 10 Baths
  • 6,854 Sq.Ft.
Sold
$2,310,000 Sold Price as of 09/21/2021 Refinance Your Mortgage
Map preview of 11517 Obert Ave, Whittier, CA 90604

Property Overview: 11517 Obert Ave Whittier, CA has 14 bedrooms, 10 bathrooms, 6,854 living square feet and 10,459 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Built in 1961, 11517 Obert is a 10-unit 2 story apartment complex located in Whittier, California. It is 1 building on a 0.24-acre parcel with 6 covered parking spots for residents. The complex is comprised of 4 -(2 bedroom / 1 bathroom) and 6 -(1-bedroom units) totaling 6,854 rentable square feet. 6 of the 10 units with new vinyl flooring, new windows, recessed lighting, new countertops, and upgraded cabinetry. The exterior has been recently painted as well. These improvements will save the next owner money on capital reserves and provides a template for repositioning the property.

Listed by Brett Bayless | BRE #01718244 | Brett Bayless, Broker
Last checked: 5 minutes ago | Last updated: January 1st, 2024 | Source CRMLS | DOM: 103

Home details

Lot Sq. Ft
10,459
HOA Dues
$0/mo
Year built
1961
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
OC21112681
City
Whittier
County
Los Angeles
Time on Site
1084 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 10
  • Total # of Buildings: 1
  • # of Electric Meters: 11
  • # of Gas Meters: 11
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 3
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,672
  • Total Rent: $5,015
  • Pro Forma/Market Rent: $1,795
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,184
  • Total Rent: $1,184
  • Pro Forma/Market Rent: $1,795
Unit Breakdown 3
  • # of Units: 2
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,395
  • Total Rent: $2,790
  • Pro Forma/Market Rent: $1,495
Unit Breakdown 4
  • # of Units: 4
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $993
  • Total Rent: $3,970
  • Pro Forma/Market Rent: $1,495
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $154,512
  • Net Operating Income: $94,805
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $56,452
  • Electric: $814
  • Gas/Fuel: $0
  • New Taxes: $26,308
  • Trash: $3,156
  • Insurance: $4,100
  • Professional Management: $0
  • Water/Sewer: $7,370

Property Details for 11517 Obert Ave

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Natural Gas
Laundry Information
  • Has Laundry
  • Common Area
Kitchen Information
  • Has Appliances
  • Gas Oven, Gas Range
Interior Features
  • Ceiling Fan(s), Granite Counters
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 6
Lot Information
  • Lot Features: Yard
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 10
  • Parcel Number: 8227001038
  • Year Built Source: Public Records
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Leffingwell Rd. & Obert Ave.
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

Local Whittier Agent

Sale History for 11517 Obert Ave

Last sold for $2,310,000 on September 21st, 2021

  • January, 2024

  • Jan 1, 2024

    Date

    Expired

    CRMLS: PW23110250

    $2,850,000

    Price

  • Jun 21, 2023

    Date

    Active

    CRMLS: PW23110250

    $2,850,000

    Price

  • Listing provided courtesy of CRMLS

    Looking for a unique investment opportunity? Look no further! A stunning 10-unit multifamily property is up for grabs at the prime address of 11517 Obert Ave in Whittier, CA. This one-of-a-kind building, constructed in the 1960s, sits on an oversized lot of over 10,000 square feet and offers a mix of six one-bedroom units and four-bedroom units. The property boasts amenities such as a lush-green foliage courtyard at the center, an on-site laundry facility, and 10-covered carports for hassle-free parking. With three units currently vacant, the new owner will be able to capitalize on Whittier's high market value. Additionally, the property's current rentals are below market rates, giving the new owner an opportunity to adjust them, increase profitability, and improve the property's value - thereby adding more value to their own portfolio. The location is another bonus point - Whittier is a thriving city with plenty of popular retail shops, restaurants, conveniently located grocery stores, banks, and hospitals. This accessibility makes it an ideal location for anyone looking to invest in rental properties. Last but not least, this property is situated in Los Angeles County, with easy access to the borders of cities within Orange County and Riverside County. You can reach it from the 90, which connects to the 91 and provides access to Riverside County. This investment opportunity is too good to pass up - act fast before it's gone

  • September, 2021

  • Sep 8, 2021

    Date

    Pending

    CRMLS: OC21112681

    $2,350,000

    Price

  • May 28, 2021

    Date

    Active

    CRMLS: OC21112681

    $2,350,000

    Price

  • January, 2020

  • Jan 10, 2020

    Date

    Sold

    CRMLS: OC18289376

    $1,950,000

    Price

  • Sep 25, 2019

    Date

    Pending

    CRMLS: OC18289376

    $1,925,000

    Price

  • Sep 18, 2019

    Date

    Active Under Contract

    CRMLS: OC18289376

    $1,925,000

    Price

  • Sep 13, 2019

    Date

    Price Change

    CRMLS: OC18289376

    $1,925,000

    Price

  • Mar 1, 2019

    Date

    Price Change

    CRMLS: OC18289376

    $2,220,000

    Price

  • Dec 11, 2018

    Date

    Active

    CRMLS: OC18289376

    $2,420,000

    Price

  • Listing provided courtesy of CRMLS

    Tenaya Apartments is a 10-unit multifamily investment opportunity located in Whittier, one of the premier housing markets in Southern California. Built in 1961, the property offers 6, one-bedroom units, 4, two-bedroom units and amenities including carport parking and on-site laundry.

  • January, 2020

  • Jan 10, 2020

    Date

    Sold (Public Records)

    Public Records

    $1,950,000

    Price

  • August, 2018

  • Aug 20, 2018

    Date

    Sold (Public Records)

    Public Records

    $2,200,000

    Price

Show More

Tax History for 11517 Obert Ave

Assessed Value (2020): $2,244,900
Year Land Value Improved Value Assessed Value
2020 $1,479,000 $765,900 $2,244,900

Home Value Compared to the Market

This property vs the competition

11517 Obert Ave sold on September 21, 2021 for 183.13% higher than the current median sold price for the city of Whittier which is $830,000. The median sold price per/sqft for Whittier is $567 and this home is sold at $342.87 per/sqft which puts the price per square foot 39.53% lower than the current median sale per square foot for the city of Whittier.

About 11517 Obert Ave

Detailed summary of property

11517 Obert Ave is a multi family that recently sold in Whittier, CA 90604. This multi family property offered 14 bedrooms, 10 bathrooms, roughly 6,854 living square feet, and sits on an approximately 10,459 square foot lot. 11517 Obert Ave was first listed on ArdentRealEstateGroup.com on May 28, 2021. The homeowner sold the property for $2,310,000. Home in Whittier are selling for a median price of $830,000 and a median price per square foot of $567. Based on Ardent Real Estate Group's Whittier Market Data, this home is sold 183.13% higher than the current median priced home. Local homes that are currently for sale include 900 E Chapman Ave, 301 E Mills Dr and 1551 W Ball Rd. While the average home in Whittier, CA is selling in 57 days, 11517 Obert Ave has a days on market of 103 days. There are currently 209 homes for sale in the Whittier real estate market and 177 of them are single family homes while 22 of them are condos and 10 are townhomes. For more information on this home for sale at 11517 Obert Ave Whittier, CA 90604 contact Ardent Real Estate Group and we will put you in touch with one of our Whittier agents.

Public Facts for 11517 Obert Ave

Public county record property details
Beds
14
Baths
10
Year built
1961
Sq. Ft.
6,854
Lot Size
10,459
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
11
APN
8227-001-038

The source for these homes facts are from public records.

90604 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$799,000
Median List Price/Sq.Ft.
$549
Median Sold Price
$835,000
Median Sold Price/Sq.Ft.
$551
Total Inventory
48
Median Sale to List Price %
104.38%
Avg Days on Market
16
Loan Type
Conventional (33.33%), FHA (33.33%), VA (0%), Cash (14.29%), Other (19.05%)

Thinking of Selling?

Image Description
Is this your property?
Thinking of Selling?
Call, Text or Message
(714) 706-1823

Homes for Sale Near 11517 Obert Ave

Nearby Homes for Sale

13624 Franklin St, Whittier, CA 90602
$2,080,000
11 Beds
9 Baths
4824 Sq.Ft.
13624 Franklin St
Whittier, CA 90602
12642 Kalnor Ave, Norwalk, CA 90650
$2,240,000
20 Beds
10 Baths
6190 Sq.Ft.
12642 Kalnor Ave
Norwalk, CA 90650
11331 Pioneer Blvd, Norwalk, CA 90650
$2,700,000
4 Beds
2 Baths
1665 Sq.Ft.
11331 Pioneer Blvd
Norwalk, CA 90650
5706 Pioneer Blvd, Whittier, CA 90606
$2,500,000
6 Beds
4 Baths
2250 Sq.Ft.
5706 Pioneer Blvd
Whittier, CA 90606
1808 Cristine Pl, Fullerton, CA 92835
$2,699,000
9 Beds
5 Baths
4041 Sq.Ft.
1808 Cristine Pl
Fullerton, CA 92835
1138 Valencia Ave #40, Hacienda Heights, CA 91745
$1,899,000
9 Beds
5 Baths
3520 Sq.Ft.
1138 Valencia Ave #40
Hacienda Heights, CA 91745
231 S Laxore St, Anaheim, CA 92804
$1,980,000
9 Beds
7 Baths
4040 Sq.Ft.
231 S Laxore St
Anaheim, CA 92804
3701 W Savanna St, Anaheim, CA 92804
$2,000,000
9 Beds
9 Baths
4963 Sq.Ft.
3701 W Savanna St
Anaheim, CA 92804
3700 W Savanna St, Anaheim, CA 92804
$2,000,000
9 Beds
9 Baths
4963 Sq.Ft.
3700 W Savanna St
Anaheim, CA 92804
10224 La Reina Ave, Downey, CA 90241
$2,449,000
9 Beds
6 Baths
4082 Sq.Ft.
10224 La Reina Ave
Downey, CA 90241
1134 N Mayfair Ave, Anaheim, CA 92801
$2,200,000
12 Beds
6 Baths
5028 Sq.Ft.
1134 N Mayfair Ave
Anaheim, CA 92801
709 E Santa Fe Ave, Fullerton, CA 92831
$1,950,000
6 Beds
6 Baths
4430 Sq.Ft.
709 E Santa Fe Ave
Fullerton, CA 92831

Recently Sold Homes Near 11517 Obert Ave

11506 Obert Ave, Whittier, CA 90604
$3,190,000 Last Sold Price
24 Beds
14 Baths
12233 Sq.Ft.
11506 Obert Ave
Whittier, CA 90604
11245 Colima Rd, Whittier, CA 90604
$975,000 Last Sold Price
4 Beds
2 Baths
1874 Sq.Ft.
11245 Colima Rd
Whittier, CA 90604
11757 Colima Rd, Whittier, CA 90604
$1,500,000 Last Sold Price
10 Beds
7 Baths
4972 Sq.Ft.
11757 Colima Rd
Whittier, CA 90604
14328 Leffingwell Rd, Whittier, CA 90604
$1,175,000 Last Sold Price
9 Beds
5 Baths
3998 Sq.Ft.
14328 Leffingwell Rd
Whittier, CA 90604

Related Resources to 11517 Obert Ave

New Listings in 90604
Popular Zip Codes
Popular Cities
Other Whittier Resources

Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Refi Quote