7251 Painter Ave, Whittier, CA 90602
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7251 Painter Ave Whittier, CA 90602

$840,000 Sold Price as of 10/02/2021
  • 6 Beds
  • 3 Baths
  • 3,070 Sq.Ft.
Sold
$840,000 Sold Price as of 10/02/2021 Refinance Your Mortgage

Map preview of 7251 Painter Ave, Whittier, CA 90602

Property Overview: 7251 Painter Ave Whittier, CA has 6 bedrooms, 3 bathrooms, 3,070 living square feet and 6,837 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Tri-plex located in prime Uptown Whittier location. Front house is a classic craftsman style 3/1 home with high ceilings and original hardwood floors, and built ins. The second unit is a small 2bed/1bath and third unit is a 1bed/1bath. Collecting below market rents, a huge upside for investors or owner-occupiers. Property is under special high density zoning (check with City of Whittier for details).

Listed by ROCCO OLIVO | BRE #01769730 | OLIVE BRANCH REALTY GROUP, INC
Last checked: 6 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 13

Home details

Lot Sq. Ft
6,837
HOA Dues
$0/mo
Year built
1910
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
CV21182354
City
Whittier
County
Los Angeles
Time on Site
982 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 3
  • # of Leased Units: 3
  • # of Electric Meters: 3
  • # of Gas Meters: 3
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $900
  • Total Rent: $900
  • Pro Forma/Market Rent: $3,000
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $900
  • Total Rent: $900
  • Pro Forma/Market Rent: $1,900
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $850
  • Total Rent: $850
  • Pro Forma/Market Rent: $1,550
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $31,800
  • Net Operating Income: $23,949
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $7,851
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $100
  • Insurance: $1,500
  • Water/Sewer: $100

Property Details for 7251 Painter Ave

Interior Features
Laundry Information
  • Has Laundry
  • Individual Room
Interior Features
  • Levels: One
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 2
  • Has Parking
  • Parking Features: Carport, Covered
Lot Information
  • Lot Features: Yard
  • Lot Size Source: Public Records
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 3
  • Parcel Number: 8139036039
  • Year Built Source: Public Records
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Sewer Paid
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Corner of Painter Ave and Penn Street
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

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Sale History for 7251 Painter Ave

Last sold for $840,000 on October 2nd, 2021
  • September, 2021

  • Sep 1, 2021

    Date

    Active Under Contract

    CRMLS: CV21182354

    $799,000

    Price

  • Aug 18, 2021

    Date

    Active

    CRMLS: CV21182354

    $799,000

    Price

  • July, 2002

  • Jul 25, 2002

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • May, 1994

  • May 9, 1994

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 7251 Painter Ave

Assessed Value (2020): $153,994
Year Land Value Improved Value Assessed Value
2020 $122,789 $31,205 $153,994

Home Value Compared to the Market

This property vs the competition

7251 Painter Ave sold on October 2, 2021 for 0.12% lower than the current median sold price for the city of Whittier which is $800,000. The median sold price per/sqft for Whittier is $552 and this home is sold at $260.26 per/sqft which puts the price per square foot 52.85% lower than the current median sale per square foot for the city of Whittier.

About 7251 Painter Ave

Detailed summary of property

7251 Painter Ave is a multi family that recently sold in Whittier, CA 90602. This multi family property offered 6 bedrooms, 3 bathrooms, roughly 3,070 living square feet, and sits on an approximately 6,837 square foot lot. 7251 Painter Ave was first listed on ArdentRealEstateGroup.com on August 18, 2021. The homeowner sold the property for $840,000. Home in Whittier are selling for a median price of $800,000 and a median price per square foot of $552. Based on Ardent Real Estate Group's Whittier Market Data, this home is sold 0.12% lower than the current median priced home. Local homes that are currently for sale include 110 S Harding Ave, 4173 Hubbard St and 3134 E Coolidge St. While the average home in Whittier, CA is selling in 59 days, 7251 Painter Ave has a days on market of 13 days. There are currently 200 homes for sale in the Whittier real estate market and 167 of them are single family homes while 20 of them are condos and 13 are townhomes. For more information on this home for sale at 7251 Painter Ave Whittier, CA 90602 contact Ardent Real Estate Group and we will put you in touch with one of our Whittier agents.

Public Facts for 7251 Painter Ave

Public county record property details
Beds
6
Baths
3
Year built
1910
Sq. Ft.
3,070
Lot Size
6,838
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
11
APN
8139-036-039

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.
$525
Median Sold Price
$740,000
Median Sold Price/Sq.Ft.
$580
Total Inventory
15
Median Sale to List Price %
96.73%
Avg Days on Market
33
Loan Type
Conventional (100%), FHA (0%), 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.