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11550 Santa Gertrudes Ave, Whittier, CA 90604
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11550 Santa Gertrudes Ave Whittier, CA 90604

$20,100,000 Sold Price as of 03/18/2020
  • 93 Beds
  • 77 Baths
  • 54,070 Sq.Ft.
Sold
$20,100,000 Sold Price as of 03/18/2020 Refinance Your Mortgage
Map preview of 11550 Santa Gertrudes Ave, Whittier, CA 90604

Property Overview: 11550 Santa Gertrudes Ave Whittier, CA has 93 bedrooms, 77 bathrooms, 54,070 living square feet and 109,771 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Seville Apartments, a 77-unit multifamily investment property located in Whittier, California. Built in 1971, Seville Apartments offers investors the opportunity to capitalize on strong market trends that should increase rental income by approximately 15 percent. The property features a strong unit mix of one- and two-bedroom floor plans, of which 50 or more have been upgraded with granite countertops and plank flooring. Situated on a 2.52 acre lot, the property offers an attractive amenity package including gated carport parking, controlled access, on-site laundry, a stand alone rental office, a swimming pool, and a spacious courtyard featuring a pond, barbeques, and picnic area.

Listed by Tyler Leeson | BRE #01451551 | Marcus & Millichap RE Invest
Last checked: 3 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 294

Home details

Lot Sq. Ft
109,771
HOA Dues
$0/mo
Year built
1971
Garage
--
Property Type:
Apartment
Status
Sold
MLS#
OC19069074
City
Whittier
County
Los Angeles
Time on Site
1397 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 77
  • Total # of Buildings: 1
  • # of Leased Units: 77
  • # of Electric Meters: 0
  • # of Gas Meters: 0
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 60
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $85,180
  • Total Rent: $85,180
  • Pro Forma/Market Rent: $99,000
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,475
  • Total Rent: $1,475
  • Pro Forma/Market Rent: $1,695
Unit Breakdown 3
  • # of Units: 11
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $18,070
  • Total Rent: $18,070
  • Pro Forma/Market Rent: $20,350
Unit Breakdown 4
  • # of Units: 5
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $8,830
  • Total Rent: $8,830
  • Pro Forma/Market Rent: $9,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $1,427,660
  • Net Operating Income: $860,429
  • Gross Operating Income: $1,386,780
Annual Expense Breakdown
  • Total Operating Expense: $526,351
  • Electric: $21,300
  • Gas/Fuel: $21,300
  • New Taxes: $246,095
  • Trash: $21,300
  • Insurance: $19,250
  • Maintenance: $38,500
  • Professional Management: $41,603
  • Water/Sewer: $21,300
  • Other Expenses: $95,700
  • Other Expense Description: Other

Property Details for 11550 Santa Gertrudes Ave

Interior Features
Laundry Information
  • Has Laundry
  • Community
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: Community
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 77
Lot Information
  • Lot Features: Landscaped
  • Lot Size Source: Assessor
  • Common Interest: Community Apartment
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 77
  • Parcel Number: 8039002001
  • Year Built Source: Assessor
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Cross Streets: Leffingwell Road / Lambert Road
Neighborhood Information
  • Community Features: Curbs, Sidewalks, Street Lights
View more facts & features

Local Whittier Agent

Sale History for 11550 Santa Gertrudes Ave

Last sold for $20,100,000 on March 19th, 2020

  • March, 2020

  • Mar 19, 2020

    Date

    Sold

    CRMLS: OC19069074

    $20,100,000

    Price

  • Jan 29, 2020

    Date

    Pending

    CRMLS: OC19069074

    $21,500,000

    Price

  • Jan 17, 2020

    Date

    Active Under Contract

    CRMLS: OC19069074

    $21,500,000

    Price

  • Mar 28, 2019

    Date

    Active

    CRMLS: OC19069074

    $21,500,000

    Price

  • March, 2020

  • Mar 19, 2020

    Date

    Sold (Public Records)

    Public Records

    $20,100,000

    Price

  • January, 2018

  • Jan 26, 2018

    Date

    Sold (Public Records)

    Public Records

    $19,345,000

    Price

Show More

Tax History for 11550 Santa Gertrudes Ave

Assessed Value (2020): $20,128,237
Year Land Value Improved Value Assessed Value
2020 $871,855 $19,256,382 $20,128,237

Home Value Compared to the Market

This property vs the competition

11550 Santa Gertrudes Ave sold on March 18, 2020 for 2490.36% 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 $397.63 per/sqft which puts the price per square foot 29.87% lower than the current median sale per square foot for the city of Whittier.

About 11550 Santa Gertrudes Ave

Detailed summary of property

11550 Santa Gertrudes Ave is a apartment that recently sold in Whittier, CA 90604. This apartment offered 93 bedrooms, 77 bathrooms, roughly 54,070 living square feet, and sits on an approximately 109,771 square foot lot. 11550 Santa Gertrudes Ave was first listed on ArdentRealEstateGroup.com on July 21, 2020. The homeowner sold the property for $20,100,000. 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 2490.36% higher than the current median priced home. While the average home in Whittier, CA is selling in 57 days, 11550 Santa Gertrudes Ave has a days on market of 294 days. There are currently 216 homes for sale in the Whittier real estate market and 179 of them are single family homes while 26 of them are condos and 11 are townhomes. For more information on this home for sale at 11550 Santa Gertrudes 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 11550 Santa Gertrudes Ave

Public county record property details
Beds
--
Baths
--
Year built
1971
Sq. Ft.
54,070
Lot Size
109,814
Stories
--
Type
Apartment House (5+ Units)
Pool
Yes
Spa
No
County
Los Angeles
Lot#
2
APN
8039-002-001

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?

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Homes for Sale Near 11550 Santa Gertrudes Ave

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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.

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