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11623 Louis Ave, Whittier, CA 90605
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11623 Louis Ave Whittier, CA 90605

$1,899,000 Sold Price as of 12/23/2020
  • 53 Beds
  • 27 Baths
  • 5,621 Sq.Ft.
Sold
$1,899,000 Sold Price as of 12/23/2020 Refinance Your Mortgage
Map preview of 11623 Louis Ave, Whittier, CA 90605

Property Overview: 11623 Louis Ave Whittier, CA has 53 bedrooms, 27 bathrooms, 5,621 living square feet and 32,000 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: This is an incredible opportunity, 6 houses , 5 buildings plus detached garages, two of the houses are attached the other are stand alone buildings, Each home has its owned fenced yard and parking area. There is one three bedroom and the rest are two bedroom units. These all sit on a approximately 32,000 square foot lot that is gated for privacy. The properties have been remodeled, there is also opportunity to build more units for more rental income, rents are low but Rental income is $10,590 per month. Gross schedule income is over $127,000 annually. Rents are actually lower than market value, this is an incredible opportunity for the right investor

Listed by David Babiracki | BRE #00904817 | Option West Realty
Last checked: 8 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 8

Home details

Lot Sq. Ft
32,000
HOA Dues
$0/mo
Year built
1955
Garage
5 Car
Property Type:
Multi Family
Status
Sold
MLS#
OC20232950
City
Whittier
County
Los Angeles
Time on Site
1336 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 6
  • Total # of Buildings: 5
  • # of Electric Meters: 5
  • # of Gas Meters: 5
  • # of Water Meters: 5
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,050
  • Total Rent: $2,050
Unit Breakdown 2
  • # of Units: 5
  • # of Beds: 10
  • # of Baths: 5
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $8,540
  • Total Rent: $8,540
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $127,000
  • Net Operating Income: $109,000
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $2
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $18,000
  • Trash: $100
  • Insurance: $150
  • Professional Management: $0
  • Water/Sewer: $0

Property Details for 11623 Louis Ave

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Central, Floor Furnace
Laundry Information
  • Has Laundry
  • Inside
Room Information
  • Flooring: Laminate, Tile
  • All Bedrooms Down, Kitchen, Main Floor Master Bedroom
Kitchen Information
  • Has Appliances
  • Electric Oven
Interior Features
  • Levels: One
Exterior Features
Exterior Information
  • Roof: Composition
  • Has Fence
  • Wood
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 5
  • # of Parking Spaces: 5
  • Has Parking
  • Parking Features: Assigned
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 1 Common Wall
  • Total # of Units: 6
  • Parcel Number: 8026010014
  • Year Built Source: Assessor
  • Architectural Style: Bungalow
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Meyers road and Louis
Neighborhood Information
  • Community Features: Curbs, Street Lights, Suburban
View more facts & features

Local Whittier Agent

Sale History for 11623 Louis Ave

Last sold for $1,899,000 on December 23rd, 2020

  • December, 2020

  • Dec 23, 2020

    Date

    Sold

    CRMLS: OC20232950

    $1,899,000

    Price

  • Dec 18, 2020

    Date

    Pending

    CRMLS: OC20232950

    $1,899,000

    Price

  • Nov 13, 2020

    Date

    Active Under Contract

    CRMLS: OC20232950

    $1,899,000

    Price

  • Nov 4, 2020

    Date

    Active

    CRMLS: OC20232950

    $1,899,000

    Price

  • December, 2020

  • Dec 23, 2020

    Date

    Sold (Public Records)

    Public Records

    $1,899,000

    Price

  • December, 2020

  • Dec 23, 2020

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 11623 Louis Ave

Assessed Value (2020): $1,007,928
Year Land Value Improved Value Assessed Value
2020 $535,757 $472,171 $1,007,928

Home Value Compared to the Market

This property vs the competition

11623 Louis Ave sold on December 23, 2020 for 132.29% higher than the current median sold price for the city of Whittier which is $817,500. The median sold price per/sqft for Whittier is $554 and this home is sold at $337.84 per/sqft which puts the price per square foot 39.02% lower than the current median sale per square foot for the city of Whittier.

About 11623 Louis Ave

Detailed summary of property

11623 Louis Ave is a multi family that recently sold in Whittier, CA 90605. This multi family property offered 53 bedrooms, 27 bathrooms, roughly 5,621 living square feet, and sits on an approximately 32,000 square foot lot. 11623 Louis Ave was first listed on ArdentRealEstateGroup.com on November 5, 2020. The homeowner sold the property for $1,899,000. Home in Whittier are selling for a median price of $817,500 and a median price per square foot of $554. Based on Ardent Real Estate Group's Whittier Market Data, this home is sold 132.29% higher than the current median priced home. Local homes that are currently for sale include 930 Fraser Ave, 938 S Gilbuck Dr and 420 S Melrose St. While the average home in Whittier, CA is selling in 52 days, 11623 Louis Ave has a days on market of 8 days. There are currently 231 homes for sale in the Whittier real estate market and 190 of them are single family homes while 27 of them are condos and 14 are townhomes. For more information on this home for sale at 11623 Louis Ave Whittier, CA 90605 contact Ardent Real Estate Group and we will put you in touch with one of our Whittier agents.

Public Facts for 11623 Louis Ave

Public county record property details
Beds
11
Baths
6
Year built
1955
Sq. Ft.
5,621
Lot Size
29,944
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
97
APN
8026-010-014

The source for these homes facts are from public records.

90605 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$794,999
Median List Price/Sq.Ft.
$562
Median Sold Price
$777,000
Median Sold Price/Sq.Ft.
$643
Total Inventory
43
Median Sale to List Price %
103.6%
Avg Days on Market
25
Loan Type
Conventional (25%), FHA (0%), VA (12.5%), Cash (25%), Other (18.75%)

Thinking of Selling?

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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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