13317 Penn St, Whittier, CA 90602
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13317 Penn St Whittier, CA 90602

$1,375,000 Sold Price as of 03/06/2020
  • 7 Beds
  • 7 Baths
  • -- Sq.Ft.
Sold
$1,375,000 Sold Price as of 03/06/2020 Refinance Your Mortgage

Map preview of 13317 Penn St, Whittier, CA 90602

Property Overview: 13317 Penn St Whittier, CA has 7 bedrooms, 7 bathrooms, -- living square feet and 4,689 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: 13317-13321 Penn Street consists of two 2 story buildings on a single parcel, totaling 7. The total square footage is approximately 5,543 Sq. Ft. of net rentable area and a 4,648 Sq. Ft. lot. Penn St. is located in the hear of uptown Whittier , near the corner of Painter Ave. and Mar Vista. Within walking distance to Whittier College, City Hall, Police Department, Various Shops, restaurants, financials institutions, Whittier Memorial Stadium and Penn Park. With a walk score of 88 ( Costar ) and a transit score of 24 ( Costar ), this building is in a prime, location.

Listed by John Johnston | BRE #01510721 | Compass
Last checked: 1 minute ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 13

Home details

Lot Sq. Ft
4,689
HOA Dues
$0/mo
Year built
1923
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
19520994
City
Whittier
County
Los Angeles
Time on Site
1387 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 7
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: --
  • # of Beds: 0
  • # of Baths: 1
  • Actual Rent: $975
  • Total Rent: --
Unit Breakdown 2
  • # of Units: --
  • # of Beds: 0
  • # of Baths: 1
  • Actual Rent: $975
  • Total Rent: --
Unit Breakdown 3
  • # of Units: --
  • # of Beds: 1
  • # of Baths: 1
  • Actual Rent: $1,200
  • Total Rent: --
Unit Breakdown 4
  • # of Units: --
  • # of Beds: 1
  • # of Baths: 1
  • Actual Rent: $1,425
  • Total Rent: --
Unit Breakdown 5
  • # of Units: --
  • # of Beds: 1
  • # of Baths: 1
  • Actual Rent: $1,155
  • Total Rent: --
Unit Breakdown 6
  • # of Units: --
  • # of Beds: 2
  • # of Baths: 1
  • Actual Rent: $1,600
  • Total Rent: --
Unit Breakdown 7
  • # of Units: --
  • # of Beds: 2
  • # of Baths: 1
  • Actual Rent: $1,500
  • Total Rent: --
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 12.7
  • Gross Scheduled Income: --
  • Net Operating Income: $75,167
  • Gross Operating Income: $110,100
Annual Expense Breakdown
  • Total Operating Expense: --
  • Trash: $2,015
  • Insurance: $6,122
  • Maintenance: $2,540
  • Other Expenses: $5,780

Property Details for 13317 Penn St

Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Street
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Total # of Units: 7
  • Parcel Number: 8139036013
Location / Neighborhood
Location Information
  • Directions: Near the corner of Painter Ave. and Mar Vista.
View more facts & features

Local Whittier Agent

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Sale History for 13317 Penn St

Last sold for $1,375,000 on March 6th, 2020
  • March, 2020

  • Mar 16, 2020

    Date

    Sold

    CRMLS: 19520994

    $1,375,000

    Price

  • Jan 8, 2020

    Date

    Pending

    CRMLS: 19520994

    $1,399,000

    Price

  • Oct 16, 2019

    Date

    Active

    CRMLS: 19520994

    $1,399,000

    Price

  • March, 2020

  • Mar 6, 2020

    Date

    Sold (Public Records)

    Public Records

    $1,375,000

    Price

  • October, 2019

  • Oct 10, 2019

    Date

    Canceled

    CRMLS: 19505032

    $1,450,000

    Price

  • Aug 29, 2019

    Date

    Active

    CRMLS: 19505032

    $1,450,000

    Price

  • Listing provided courtesy of CRMLS

    7 unit apartment building in the heart of uptown Whittier, within walking distance to Whittier College, City Hall, Police Department, restaurants and shops and Penn Park (a CoStar walk score of 88 and ready access to the 5, 60, 105, and 605 freeways). Property includes two studios, three 1 bedroom/1 bathroom units, and two 2 bedroom / 1 bathroom units. Each unit is individually metered for gas and electricity plus separate hot water heaters. A great investment opportunity that is easy to manage and generates stable income.

  • May, 2019

  • May 9, 2019

    Date

    Canceled

    CRMLS: CV19059884

    $1,425,000

    Price

  • Mar 18, 2019

    Date

    Active

    CRMLS: CV19059884

    $1,425,000

    Price

  • Listing provided courtesy of CRMLS

    This investment offering has two buildings on a single parcel, totaling seven units multi-family asset located in the heart of uptown Whittier. Built in 1923, the subject property is situated on a 4,648 square foot lot with an approximately 5,543 square feet of rentable space. A $60,000 renovation project was completed in 2013. The complex consists of spacious units including two studios, three one-bedroom/one-bathroom, and two two-bedroom/one bathroom units. The apartment offers long term tenants with no vacancies for the past two years. Each unit is individually metered for gas and electricity plus separate hot water heaters. Moreover, there is additional storage units for tenants and owner. The property is conveniently located within walking distance to Whittier College, City Hall, Police Department, various shops, restaurants, financial institutions, Whittier Memorial Stadium and Penn Park. With over 180,000 population in a three miles radius and approximate twenty miles from downtown Los Angeles and other major employers. The historic roots of Whittier can be traced back to 1794. Later in 1898, Whittier became a charter law city and was incorporated in 1898. Whittier is always in high demand of rental properties due to its central location. This investment offers a value-added opportunity in one of the strongest rental markets in Southern California. The Penn Street Property is an ideal investment for an investor seeking a stable income producing asset.

  • March, 2019

  • Mar 18, 2019

    Date

    Expired

    CRMLS: CV18227451

    $1,425,000

    Price

  • Oct 30, 2018

    Date

    Price Change

    CRMLS: CV18227451

    $1,425,000

    Price

  • Sep 18, 2018

    Date

    Active

    CRMLS: CV18227451

    $1,500,000

    Price

  • Listing provided courtesy of CRMLS

    This investment offering has two buildings on a single parcel, totaling seven units multi-family asset located in the heart of uptown Whittier. Built in 1923, the subject property is situated on a 4,648 square foot lot with an approximately 5,543 square feet of rentable space. A $60,000 renovation project was completed in 2013. The complex consists of spacious units including two studios, three one-bedroom/one-bathroom, and two two-bedroom/one bathroom units. The apartment offers long term tenants with no vacancies for the past two years. Each unit is individually metered for gas and electricity plus separate hot water heaters. Moreover, there is additional storage units for tenants and owner. The property is conveniently located within walking distance to Whittier College, City Hall, Police Department, various shops, restaurants, financial institutions, Whittier Memorial Stadium and Penn Park. With over 180,000 population in a three miles radius and approximate twenty miles from downtown Los Angeles and other major employers. The historic roots of Whittier can be traced back to 1794. Later in 1898, Whittier became a charter law city and was incorporated in 1898. Whittier is always in high demand of rental properties due to its central location. This investment offers a value-added opportunity in one of the strongest rental markets in Southern California. The Penn Street Property is an ideal investment for an investor seeking a stable income producing asset.

  • July, 2013

  • Jul 30, 2013

    Date

    Sold (Public Records)

    Public Records

    $925,000

    Price

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Tax History for 13317 Penn St

Assessed Value (2020): $1,037,838
Year Land Value Improved Value Assessed Value
2020 $448,355 $589,483 $1,037,838

Home Value Compared to the Market

This property vs the competition

13317 Penn St sold on March 6, 2020 for 68.55% higher than the current median sold price for the city of Whittier which is $830,000.

About 13317 Penn St

Detailed summary of property

13317 Penn St is a multi family that recently sold in Whittier, CA 90602. This multi family property offered 7 bedrooms, 7 bathrooms, roughly -- living square feet, and sits on an approximately 4,689 square foot lot. 13317 Penn St was first listed on ArdentRealEstateGroup.com on July 21, 2020. The homeowner sold the property for $1,375,000. 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 68.55% higher than the current median priced home. Local homes that are currently for sale include 6136 Easton St, 8721 Lyndora St and 12550-12552 Brookshire Ave. While the average home in Whittier, CA is selling in 60 days, 13317 Penn St has a days on market of 13 days. There are currently 199 homes for sale in the Whittier real estate market and 170 of them are single family homes while 20 of them are condos and 9 are townhomes. For more information on this home for sale at 13317 Penn St Whittier, CA 90602 contact Ardent Real Estate Group and we will put you in touch with one of our Whittier agents.

Public Facts for 13317 Penn St

Public county record property details
Beds
7
Baths
7
Year built
1923
Sq. Ft.
5,151
Lot Size
4,688
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
12
APN
8139-036-013

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
$850,000
Median List Price/Sq.Ft.
$523
Median Sold Price
$840,000
Median Sold Price/Sq.Ft.
$408
Total Inventory
20
Median Sale to List Price %
105.13%
Avg Days on Market
36
Loan Type
Conventional (0%), FHA (100%), VA (0%), Cash (0%), Other (0%)

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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.