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13536 Olive Dr, Whittier, CA 90601
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13536 Olive Dr Whittier, CA 90601

$1,157,500 Sold Price as of 11/01/2019
  • 8 Beds
  • 4 Baths
  • 3,648 Sq.Ft.
Sold
$1,157,500 Sold Price as of 11/01/2019 Refinance Your Mortgage
Map preview of 13536 Olive Dr, Whittier, CA 90601

Property Overview: 13536 Olive Dr Whittier, CA has 8 bedrooms, 4 bathrooms, 3,648 living square feet and 5,343 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Excellent Opportunity for the Right Investor who is looking for High Occupancy Rates and Low Risks. Perfectly located Fourplex is situated near uptown Whittier on a quiet residential street and within walking distance to Whittier College. It's never a problem finding qualifying tenants for these units in this Highly Desirable area of Whittier Each Private unit offers its own exterior entrance with 2 bedrooms, 1 bathroom, a roomy living room, and light and bright kitchen. Some units have patios or small backyards as well. the floor plans are great. This hard to find Investment property also includes garage parking for each unit with three 2 Car garages Even better, there is a community laundry and individual meters for each unit! With no rent control, easy maintaining, no on-site manager required, and stable/paying tenants, this property just might be what you are looking for. Please do not disturb tenants.

Listed by Craig Martin | BRE #01279760 | T.N.G. Real Estate Consultants
Last checked: 4 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 7

Home details

Lot Sq. Ft
5,343
HOA Dues
$0/mo
Year built
1973
Garage
6 Car
Property Type:
Fourplex
Status
Sold
MLS#
PW19199293
City
Whittier
County
Los Angeles
Time on Site
1447 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Leased Units: 4
  • # of Electric Meters: 5
  • # of Gas Meters: 0
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,550
  • Total Rent: $18,600
  • Pro Forma/Market Rent: $1,550
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,525
  • Total Rent: $18,300
  • Pro Forma/Market Rent: $1,550
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,500
  • Total Rent: $18,000
  • Pro Forma/Market Rent: $1,550
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,500
  • Total Rent: $18,000
  • Pro Forma/Market Rent: $1,550
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 5.5%
  • Gross Rent Multiplier: 15.46
  • Gross Scheduled Income: $72,900
  • Net Operating Income: $63,642
  • Gross Operating Income: $71,442
  • Vacancy Allowance: $1,458
Annual Expense Breakdown
  • Total Operating Expense: $7,800
  • Electric: $1,200
  • Gas/Fuel: $0
  • New Taxes: $11,500
  • Trash: $1,200
  • Gardener: $1,200
  • Insurance: $1,000
  • Maintenance: $2,000
  • Water/Sewer: $1,200

Property Details for 13536 Olive Dr

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Electric
Laundry Information
  • Has Laundry
  • Common Area, Electric Dryer Hookup, In Garage, Washer Hookup
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Carpet, Vinyl
  • Kitchen, Living Room, Main Floor Bedroom
Kitchen Information
  • Has Appliances
  • Electric Oven, Electric Range, Electric Water Heater
Interior Features
  • Levels: Two
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Door Features: Sliding Doors
Exterior Features
Exterior Information
  • Roof: Composition, Spanish Tile
  • Has Fence
  • Wood
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 6
  • # of Parking Spaces: 6
  • Has Parking
  • Parking Features: Assigned, Driveway Down Slope From Street, Garage, Garage Faces Front, Garage - Two Door, Parking Space, Shared Driveway, Side by Side
Lot Information
  • Lot Features: Corner Lot, Front Yard, Gentle Sloping, Lawn, Level with Street, Park Nearby, Sprinkler System, Sprinklers On Side, Walkstreet, Yard
  • Lot Size Source: Assessor
Property Information
  • Has View
  • View: City Lights, Neighborhood
  • Common Walls: 1 Common Wall
  • Total # of Units: 4
  • Parcel Number: 8138004001
  • Year Built Source: Assessor
  • Architectural Style: Custom Built
  • Foundation Details: Slab
  • Property is Attached
  • Accessibility Features: No Interior Steps
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer, Sewer Paid
  • Water Source: Public
  • Utilities: Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Available, Sewer Connected, Water Available, Water Connected
Location / Neighborhood
Location Information
  • Directions: From Whittier Blvd, go North on Painter. Pass Whittier College. At second street, make a right (go East) on Olive Drive. Units are at the end of the street on the right hand corner of Olive and Stanford.
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Gutters, Street Lights, Suburban
View more facts & features

Local Whittier Agent

Sale History for 13536 Olive Dr

Last sold for $1,157,500 on November 1st, 2019

  • November, 2019

  • Nov 1, 2019

    Date

    Sold

    CRMLS: PW19199293

    $1,157,500

    Price

  • Oct 30, 2019

    Date

    Pending

    CRMLS: PW19199293

    $1,150,000

    Price

  • Aug 28, 2019

    Date

    Active Under Contract

    CRMLS: PW19199293

    $1,150,000

    Price

  • Aug 21, 2019

    Date

    Active

    CRMLS: PW19199293

    $1,150,000

    Price

  • November, 2019

  • Nov 1, 2019

    Date

    Sold (Public Records)

    Public Records

    $1,157,500

    Price

  • February, 2003

  • Feb 7, 2003

    Date

    Sold (Public Records)

    Public Records

    $439,000

    Price

Show More

Tax History for 13536 Olive Dr

Assessed Value (2020): $1,158,220
Year Land Value Improved Value Assessed Value
2020 $650,500 $507,720 $1,158,220

Home Value Compared to the Market

This property vs the competition

13536 Olive Dr sold on November 1, 2019 for 41.98% higher than the current median sold price for the city of Whittier which is $810,000. The median sold price per/sqft for Whittier is $545 and this home is sold at $315.24 per/sqft which puts the price per square foot 42.16% lower than the current median sale per square foot for the city of Whittier.

About 13536 Olive Dr

Detailed summary of property

13536 Olive Dr is a fourplex that recently sold in Whittier, CA 90601. This fourplex offered 8 bedrooms, 4 bathrooms, roughly 3,648 living square feet, and sits on an approximately 5,343 square foot lot. 13536 Olive Dr was first listed on ArdentRealEstateGroup.com on July 21, 2020. The homeowner sold the property for $1,157,500. Home in Whittier are selling for a median price of $810,000 and a median price per square foot of $545. Based on Ardent Real Estate Group's Whittier Market Data, this home is sold 41.98% higher than the current median priced home. Local homes that are currently for sale include 3829 Dwiggins St, 929 N Rowan Ave and 1004 N Hicks Ave. While the average home in Whittier, CA is selling in 54 days, 13536 Olive Dr has a days on market of 7 days. There are currently 234 homes for sale in the Whittier real estate market and 194 of them are single family homes while 27 of them are condos and 13 are townhomes. For more information on this home for sale at 13536 Olive Dr Whittier, CA 90601 contact Ardent Real Estate Group and we will put you in touch with one of our Whittier agents.

Public Facts for 13536 Olive Dr

Public county record property details
Beds
8
Baths
4
Year built
1973
Sq. Ft.
3,648
Lot Size
5,244
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
5
APN
8138-004-001

The source for these homes facts are from public records.

90601 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$789,000
Median List Price/Sq.Ft.
$498
Median Sold Price
$810,000
Median Sold Price/Sq.Ft.
$515
Total Inventory
63
Median Sale to List Price %
100%
Avg Days on Market
24
Loan Type
Conventional (45%), FHA (10%), VA (0%), Cash (15%), Other (25%)

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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