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14316 Christine Dr, Whittier, CA 90605
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14316 Christine Dr Whittier, CA 90605

$1,399,000 Sold Price as of 07/01/2019
  • 8 Beds
  • 6 Baths
  • 3,397 Sq.Ft.
Sold
$1,399,000 Sold Price as of 07/01/2019 Refinance Your Mortgage
Map preview of 14316 Christine Dr, Whittier, CA 90605

Property Overview: 14316 Christine Dr Whittier, CA has 8 bedrooms, 6 bathrooms, 3,397 living square feet and 9,204 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: We are pleased to present these 6 Premium Units located in Desirable East Whittier within walking distance to countless shops, restaurants and entertainment on Whittier Blvd. An Excellent Unit Mix of TWO (2 Bedroom + 1 Bathroom) and FOUR (1 Bedroom + 1 Bathroom) Units. A true pride of ownership trophy property consisting of many recent capital improvements. Property amenities include vertical and horizontal copper plumbing, water heaters for each unit, separately metered for gas and electricity and on-site laundry room with owner-owned laundry machines. Great opportunity to own a non-rent controlled property with realistic rental upside potential of about +/- 27%. Proforma Return of over 6.5% on Market Rents. Property to be sold with Seller Carry Financing with $370,000 Down at 4.5% Interest Only for 7 Years.

Listed by Shant Sherbetdjian | BRE #01713570 | Remax Commercial and Investmen
Co-listed by Tigran Grigoryan | BRE #01949804 | Remax Commercial and Investmen
Last checked: 12 minutes ago | Last updated: March 23rd, 2022 | Source CRMLS | DOM: 87

Home details

Lot Sq. Ft
9,204
HOA Dues
$0/mo
Year built
1955
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
19444010
City
Whittier
County
Los Angeles
Time on Site
1521 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 6
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,010
  • Total Rent: $1,010
  • Pro Forma/Market Rent: $1,350
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,010
  • Total Rent: $1,010
  • Pro Forma/Market Rent: $1,350
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,025
  • Total Rent: $1,025
  • Pro Forma/Market Rent: $1,350
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,320
  • Total Rent: $1,320
  • Pro Forma/Market Rent: $1,575
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,010
  • Total Rent: $1,010
  • Pro Forma/Market Rent: $1,350
Unit Breakdown 6
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,370
  • Total Rent: $1,370
  • Pro Forma/Market Rent: $1,575
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 17.03
  • Gross Scheduled Income: --
  • Net Operating Income: $55,036
  • Gross Operating Income: $81,319
  • Laundry Income: $100
  • Improvements Total: $227,525
Annual Expense Breakdown
  • Total Operating Expense: --
  • Electric: $372
  • Gas/Fuel: $192
  • Trash: $1,380
  • Insurance: $1,189
  • Maintenance: $3,253
  • Water/Sewer: $1,665

Property Details for 14316 Christine Dr

Interior Features
Laundry Information
  • Has Laundry
  • See Remarks
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Uncovered
Property Information
  • Total # of Units: 6
  • Parcel Number: 8147018012
Location / Neighborhood
Location Information
  • Directions: Property is situated in Prime Whittier Neighborhood. Located North of Whittier Blvd, on Christine Drive between Ocean View Avenue and Davista Drive.
View more facts & features

Local Whittier Agent

Sale History for 14316 Christine Dr

Last sold for $1,399,000 on July 1st, 2019

  • September, 2021

  • Sep 2, 2021

    Date

    Withdrawn

    CRMLS: PW21159232

    $1,495,000

    Price

  • Jul 20, 2021

    Date

    Active

    CRMLS: PW21159232

    $1,495,000

    Price

  • Listing provided courtesy of CRMLS

    We are pleased to present a 6-unit apartment building located in Whittier, California. Built in 1955, the subject property consists of 3,397 rentable square feet spread throughout a 9,204 square foot lot. The buildings consist of a total of four 1-bedroom / 1-bathroom units and two 2-bedroom / 1-bathroom units. It has a pitched roof and contains eight parking spots. Owners enjoy the high demand for rentals in a city in Southern California. Tenants enjoy living in the Michigan Park neighborhood where there are many shops, restaurants, cafes, entertainment venues and grocery stores. The city of Whittier continues to progress forward and is currently experiencing major redevelopment. The city is currently evaluating a proposed plan that would allow for the potential development in the city of more than 6,000 new housing units over the next 25 years. Whittier sustains its ability to attract renters due to its strong economy and quality of life.

  • July, 2019

  • Jul 2, 2019

    Date

    Sold

    CRMLS: 19444010

    $1,399,000

    Price

  • Jun 27, 2019

    Date

    Pending

    CRMLS: 19444010

    $1,399,000

    Price

  • Jun 14, 2019

    Date

    Active Under Contract

    CRMLS: 19444010

    $1,399,000

    Price

  • Apr 22, 2019

    Date

    Price Change

    CRMLS: 19444010

    $1,399,000

    Price

  • Mar 19, 2019

    Date

    Active

    CRMLS: 19444010

    $1,500,000

    Price

  • July, 2019

  • Jul 1, 2019

    Date

    Sold (Public Records)

    Public Records

    $1,399,000

    Price

  • April, 2011

  • Apr 29, 2011

    Date

    Sold (Public Records)

    Public Records

    $817,500

    Price

Show More

Tax History for 14316 Christine Dr

Assessed Value (2020): $1,399,200
Year Land Value Improved Value Assessed Value
2020 $979,000 $420,200 $1,399,200

Home Value Compared to the Market

This property vs the competition

14316 Christine Dr sold on July 1, 2019 for 65.56% 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 $411.83 per/sqft which puts the price per square foot 29.96% lower than the current median sale per square foot for the city of Whittier.

About 14316 Christine Dr

Detailed summary of property

14316 Christine Dr is a multi family that recently sold in Whittier, CA 90605. This multi family property offered 8 bedrooms, 6 bathrooms, roughly 3,397 living square feet, and sits on an approximately 9,204 square foot lot. 14316 Christine Dr was first listed on ArdentRealEstateGroup.com on July 21, 2020. The homeowner sold the property for $1,399,000. 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 65.56% higher than the current median priced home. Local homes that are currently for sale include 2400 S Ridgewood Dr, 938 Hendricks Ave and 1827 W Gramercy Ave. While the average home in Whittier, CA is selling in 60 days, 14316 Christine Dr has a days on market of 87 days. There are currently 244 homes for sale in the Whittier real estate market and 199 of them are single family homes while 28 of them are condos and 17 are townhomes. For more information on this home for sale at 14316 Christine Dr Whittier, CA 90605 contact Ardent Real Estate Group and we will put you in touch with one of our Whittier agents.

Public Facts for 14316 Christine Dr

Public county record property details
Beds
8
Baths
6
Year built
1955
Sq. Ft.
3,397
Lot Size
9,204
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
8
APN
8147-018-012

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
$795,000
Median List Price/Sq.Ft.
$538
Median Sold Price
$750,000
Median Sold Price/Sq.Ft.
$641
Total Inventory
49
Median Sale to List Price %
100.13%
Avg Days on Market
17
Loan Type
Conventional (61.54%), FHA (30.77%), VA (0%), Cash (0%), Other (7.69%)

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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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