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7608 Painter Ave, Whittier, CA 90602
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7608 Painter Ave Whittier, CA 90602

$985,000
  • 3 Beds
  • 2 Baths
  • 1,612 Sq.Ft.
For Sale
$985,000 Get Pre-Qualified
Map preview of 7608 Painter Ave, Whittier, CA 90602

Property Overview: 7608 Painter Ave Whittier, CA has 3 bedrooms, 2 bathrooms, 1,612 living square feet and 8,339 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: A rare and incredible investment opportunity! Ability to purchase (2) houses together and located less than 1 mile from the Uptown Whittier, Farmer Market, College, and Whittier Museum. These beautiful homes are near shopping, dining, and FWY (605). Gorgeous front house with (2) bedrooms, (1) bathroom, and back house with (1) bedroom, (1) bathroom with fireplace. The front house was recently remodeled with newer kitchen cabinets and tile, hardwood flooring, a modern quartz countertop, a newly renovated bathroom with tile, and new appliances, including a new refrigerator, stove, and water heater. Each unit has a separate laundry room equipped with a washer & dryer, new interior & exterior paint, and a detached garage, front, and backyard patio for family entertainment. The property contains a large lot with lots of potential, and the zoning allows for mixed-use commercial/residential setups. This is an excellent property for investing and potentially adding an ADU in a location with rents quickly rising and appreciating.

Listed by Lisa Oliveras | BRE #01141551 | RE/MAX Estate Properties
Co-listed by Ramsey Oliveras | BRE #01200976 | RE/MAX Estate Properties
Last checked: 10 minutes ago | Last updated: January 23rd, 2024 | Source CRMLS | DOM: 77
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Home details

Lot Sq. Ft
8,339
HOA Dues
$0/mo
Year built
1912
Garage
2 Car
Property Type:
Mixed Use
Status
Active
MLS#
PV24008460
City
Whittier
County
Los Angeles
Time on Site
95 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 3
  • # of Leased Units: 2
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # 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: $2,695
  • Total Rent: $2,695
  • Pro Forma/Market Rent: $3,100
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,906
  • Total Rent: $1,906
  • Pro Forma/Market Rent: $2,400
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 4.04%
  • Gross Rent Multiplier: 17.84
  • Gross Scheduled Income: $55,212
  • Net Operating Income: $39,830
  • Gross Operating Income: $55,212
  • Personal Property: $530,415
  • Improvements Total: $141,079
Annual Expense Breakdown
  • Total Operating Expense: $15,382
  • New Taxes: $11,081
  • Trash: $695
  • Gardener: $720
  • Insurance: $1,500
  • Water/Sewer: $1,386

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Property Details for 7608 Painter Ave

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Laundry Information
  • Has Laundry
  • Inside, Washer Hookup, Washer Included
Fireplace Information
  • Has Fireplace
  • Kitchen, Living Room, Electric, Gas, Great Room
Room Information
  • Flooring: Laminate, Tile
  • All Bedrooms Down, Kitchen, Laundry, Living Room, Primary Bathroom
Kitchen Information
  • Has Appliances
  • Dishwasher, Free-Standing Range, Disposal, Gas & Electric Range, Gas Water Heater, Refrigerator
Interior Features
  • Balcony, Recessed Lighting, Unfurnished
  • Levels: One
  • Window Features: Screens
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Door Features: Panel Doors
Exterior Features
Exterior Information
  • Roof: Composition, Shingle
  • Has Fence
  • Block, Wood
  • Other Structures: Two On A Lot
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 6
  • Has Parking
  • Parking Features: Driveway, Concrete, Garage, Garage Faces Rear, Garage - Two Door
Lot Information
  • Lot Features: Back Yard, Front Yard, Lawn, Lot 6500-9999
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • No View
  • View: None
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 8142007056
  • Year Built Source: Assessor
  • Entry Level: 1
  • Foundation Details: Pillar/Post/Pier, Raised
  • Property is not Attached
  • Accessibility Features: None
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Location / Neighborhood
Location Information
  • Directions: Painter Ave and South of Mar Vista St
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

Local Whittier Agent

Sale History for 7608 Painter Ave

Last sold for $830,000 on May 9th, 2022

  • January, 2024

  • Jan 22, 2024

    Date

    Active

    CRMLS: PV24008460

    $985,000

    Price

  • March, 2022

  • Mar 31, 2022

    Date

    Pending

    CRMLS: PW22056333

    $830,000

    Price

  • Listing provided courtesy of CRMLS

    This Gem is located a few blocks from Whittier College, shopping and restaurants. This 1912 duplex has a free standing front house that consist of 2 bedrooms, 1 bath and laundry room which is vacant, and a back house that consist of 1 bedroom,1 bath and laundry room which is tenant occupied. 2 separate 1 car garages as well as a long driveway. Property is zoned commercial with a legal non conforming designation from the city. This property can be used for business or residential income property

  • December, 2016

  • Dec 1, 2016

    Date

    Sold (Public Records)

    Public Records

    $485,000

    Price

  • December, 2016

  • Dec 1, 2016

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 7608 Painter Ave

Assessed Value (2020): $514,684
Year Land Value Improved Value Assessed Value
2020 $377,789 $136,895 $514,684

Home Value Compared to the Market

This property vs the competition

7608 Painter Ave is listed 23.13% higher than the median list price for the city of Whittier which has a median list price of $799,999. The median price per/sqft for Whittier is $540 and this home is listed at $611.04 per/sqft which puts the price per square foot 13.16% higher than the median price per square foot for the city of Whittier.

About 7608 Painter Ave

Detailed summary of property

7608 Painter Ave is a mixed use located in Whittier, CA 90602 and is currently for sale. This mixed use property offers 3 bedrooms, 2 bathrooms, roughly 1,612 living square feet, and sits on an approximately 8,339 square foot lot. 7608 Painter Ave was first listed on ArdentRealEstateGroup.com on January 23, 2024. The homeowner is currently asking $985,000. The median priced home in Whittier is $799,999 with a median price per square foot of $540. Based on Ardent Real Estate Group's Whittier Market Data, this home is listed 23.13% higher than the median priced home. Local competing homes currently for sale include 1202 E Plymouth St, 2120 Sheridan St and 9120 S Fir Ave. While the average home in Whittier, CA is selling in 59 days, 7608 Painter Ave has a days on market of 77 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 7608 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 7608 Painter Ave

Public county record property details
Beds
3
Baths
2
Year built
1912
Sq. Ft.
1,612
Lot Size
8,336
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
2,3
APN
8142-007-056

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.

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