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13305 Mulberry Dr, Whittier, CA 90602
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13305 Mulberry Dr Whittier, CA 90602

$4,325,000 Sold Price as of 12/06/2019
  • 26 Beds
  • 26 Baths
  • 13,950 Sq.Ft.
Sold
$4,325,000 Sold Price as of 12/06/2019 Refinance Your Mortgage
Map preview of 13305 Mulberry Dr, Whittier, CA 90602

Property Overview: 13305 Mulberry Dr Whittier, CA has 26 bedrooms, 26 bathrooms, 13,950 living square feet and 20,037 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: 13305 Mulberry Drive is a 13-unit multifamily investment property located in Whittier, one of the strongest rental markets in Southern California. Situated on a 0.46-acre lot, the 13,950 square foot property consists of two-bedroom units, 7 of which are townhome style units. 13305 Mulberry Drive offers community amenities such as controlled access, garage parking (some with direct garage access). The property also offers unit amenities including central air conditioning, in-unit laundry hookups, ceiling fans, granite countertops, stainless steel appliances, and laminate flooring. *The property is a rent control free asset until 2021

Listed by Tyler Leeson | BRE #01451551 | Marcus & Millichap RE Invest
Last checked: 10 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 21

Home details

Lot Sq. Ft
20,037
HOA Dues
$0/mo
Year built
2006
Garage
16 Car
Property Type:
Multi Family
Status
Sold
MLS#
OC19220837
City
Whittier
County
Los Angeles
Time on Site
1521 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 13
  • Total # of Buildings: 1
  • # of Leased Units: 13
  • # of Electric Meters: 0
  • # of Gas Meters: 0
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 6
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 8
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $10,370
  • Total Rent: $10,370
  • Pro Forma/Market Rent: $11,550
Unit Breakdown 2
  • # of Units: 7
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 8
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $12,145
  • Total Rent: $12,145
  • Pro Forma/Market Rent: $13,965
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $270,180
  • Net Operating Income: $176,532
  • Gross Operating Income: $262,075
Annual Expense Breakdown
  • Total Operating Expense: $85,543
  • Electric: $2,533
  • Gas/Fuel: $2,533
  • Licenses: $1,800
  • New Taxes: $53,812
  • Trash: $2,533
  • Insurance: $3,250
  • Maintenance: $7,000
  • Professional Management: $5,000
  • Water/Sewer: $2,532
  • Other Expenses: $4,550
  • Other Expense Description: other

Property Details for 13305 Mulberry Dr

Interior Features
Laundry Information
  • Has Laundry
  • Electric Dryer Hookup, Washer Hookup
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 16
  • # of Parking Spaces: 16
Lot Information
  • Lot Features: Landscaped
  • Lot Size Source: Assessor
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 13
  • Parcel Number: 8166028005
  • Year Built Source: Assessor
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Cross Streets: Painter Avenue and Mulberry Drive
Neighborhood Information
  • Community Features: Sidewalks, Street Lights
View more facts & features

Local Whittier Agent

Sale History for 13305 Mulberry Dr

Last sold for $4,325,000 on December 6th, 2019

  • December, 2019

  • Dec 6, 2019

    Date

    Sold

    CRMLS: OC19220837

    $4,325,000

    Price

  • Oct 31, 2019

    Date

    Pending

    CRMLS: OC19220837

    $4,400,000

    Price

  • Oct 7, 2019

    Date

    Active Under Contract

    CRMLS: OC19220837

    $4,400,000

    Price

  • Sep 16, 2019

    Date

    Active

    CRMLS: OC19220837

    $4,400,000

    Price

  • December, 2019

  • Dec 6, 2019

    Date

    Sold (Public Records)

    Public Records

    $4,325,000

    Price

  • October, 2010

  • Oct 26, 2010

    Date

    Sold (Public Records)

    Public Records

    $1,930,019

    Price

Show More

Tax History for 13305 Mulberry Dr

Assessed Value (2020): $4,325,000
Year Land Value Improved Value Assessed Value
2020 $1,725,000 $2,600,000 $4,325,000

Home Value Compared to the Market

This property vs the competition

13305 Mulberry Dr sold on December 6, 2019 for 420.71% higher than the current median sold price for the city of Whittier which is $845,000. The median sold price per/sqft for Whittier is $588 and this home is sold at $315.41 per/sqft which puts the price per square foot 46.36% lower than the current median sale per square foot for the city of Whittier.

About 13305 Mulberry Dr

Detailed summary of property

13305 Mulberry Dr is a multi family that recently sold in Whittier, CA 90602. This multi family property offered 26 bedrooms, 26 bathrooms, roughly 13,950 living square feet, and sits on an approximately 20,037 square foot lot. 13305 Mulberry Dr was first listed on ArdentRealEstateGroup.com on July 21, 2020. The homeowner sold the property for $4,325,000. Home in Whittier are selling for a median price of $845,000 and a median price per square foot of $588. Based on Ardent Real Estate Group's Whittier Market Data, this home is sold 420.71% higher than the current median priced home. Local homes that are currently for sale include 1108 Termino Ave, 7852-7858 16Th St and 260 Linda Rosa Ave. While the average home in Whittier, CA is selling in 61 days, 13305 Mulberry Dr has a days on market of 21 days. There are currently 246 homes for sale in the Whittier real estate market and 200 of them are single family homes while 30 of them are condos and 16 are townhomes. For more information on this home for sale at 13305 Mulberry Dr Whittier, CA 90602 contact Ardent Real Estate Group and we will put you in touch with one of our Whittier agents.

Public Facts for 13305 Mulberry Dr

Public county record property details
Beds
--
Baths
--
Year built
2006
Sq. Ft.
13,950
Lot Size
19,981
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
8
APN
8166-028-005

The source for these homes facts are from public records.

90602 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$869,999
Median List Price/Sq.Ft.
$538
Median Sold Price
$930,000
Median Sold Price/Sq.Ft.
$514
Total Inventory
32
Median Sale to List Price %
103.45%
Avg Days on Market
28
Loan Type
Conventional (50%), FHA (8.33%), VA (8.33%), Cash (8.33%), Other (25%)

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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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