7816 Duchess Dr, Whittier, CA 90606
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7816 Duchess Dr Whittier, CA 90606

$1,125,000
  • 6 Beds
  • 4 Baths
  • 2,900 Sq.Ft.
Pending
$1,125,000 Get Pre-Qualified

Map preview of 7816 Duchess Dr, Whittier, CA 90606

Property Overview: 7816 Duchess Dr Whittier, CA has 6 bedrooms, 4 bathrooms, 2,900 living square feet and 11,168 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: Just Listed! Exceptional Investment Opportunity in Whittier - We are pleased to exclusively offer for sale this unique multi-family residential offering for discerning investors. Featuring all single-story construction, this well-maintained property comprises 2 charming detached cottages and 1 duplex (no common walls), blending comfort with convenience. The diverse unit mix includes two 2-bedroom/1-bathroom units and two 1-bedroom/1-bathroom units, catering to a range of tenant preferences. Each unit boasts its own garage parking, ensuring ample space for tenants' vehicles, and private laundry hookups, adding a highly sought-after amenity that enhances the living experience. A notable advantage for investors is the utility arrangement; tenants are responsible for their own electricity and gas payments, which helps in keeping the operating expenses in check for the property owner. Furthermore, the property showcases a tremendous potential upside in rental income, with the possibility of increasing current rents by up to 50% (buyer and buyer's agent to verify any local rent control ordinances.) This presents a significant opportunity for investors looking to maximize their returns in a desirable location.

Listed by Kristopher German | BRE #01800021 | RE/MAX 2000 REALTY
Last checked: 1 minute ago | Last updated: April 15th, 2024 | Source CRMLS | DOM: 33
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Home details

Lot Sq. Ft
11,168
HOA Dues
$0/mo
Year built
1958
Garage
2 Car
Property Type:
Apartment
Status
Pending
MLS#
CV24036102
City
Whittier
County
Los Angeles
Time on Site
63 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 3
  • # of Leased Units: 4
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # 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: $1,508
  • Total Rent: $1,508
  • Pro Forma/Market Rent: $2,295
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,456
  • Total Rent: $1,456
  • Pro Forma/Market Rent: $2,295
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,300
  • Total Rent: $1,300
  • Pro Forma/Market Rent: $1,845
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,196
  • Total Rent: $1,196
  • Pro Forma/Market Rent: $1,845
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $65,520
  • Net Operating Income: $43,775
  • Gross Operating Income: $63,554
  • Vacancy Allowance: $1,966
Annual Expense Breakdown
  • Total Operating Expense: $19,779
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $12,619
  • Trash: $0
  • Insurance: $1,160
  • Maintenance: $3,000
  • Professional Management: $0
  • Water/Sewer: $3,000

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Property Details for 7816 Duchess Dr

Interior Features
Laundry Information
  • Has Laundry
  • Gas & Electric Dryer Hookup, Inside, Washer Hookup
Interior Features
  • Levels: One
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 8
Lot Information
  • Lot Features: 2-5 Units/Acre, Lot 10000-19999 Sqft
  • Lot Size Source: Assessor
  • Common Interest: Community Apartment
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 4
  • Parcel Number: 8173002012
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: West of I-605, North of I-5; Near the Intersection of Washington Blvd & Duchess Dr
Neighborhood Information
  • Community Features: Curbs, Gutters, Sidewalks
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Local Whittier Agent

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Sale History for 7816 Duchess Dr

Last sold on June 6th, 2014
  • April, 2024

  • Apr 15, 2024

    Date

    Pending

    CRMLS: CV24036102

    $1,125,000

    Price

  • Feb 23, 2024

    Date

    Active

    CRMLS: CV24036102

    $1,125,000

    Price

  • June, 2014

  • Jun 6, 2014

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • April, 2014

  • Apr 25, 2014

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 7816 Duchess Dr

Assessed Value (2020): $631,059
Year Land Value Improved Value Assessed Value
2020 $392,311 $238,748 $631,059

Home Value Compared to the Market

This property vs the competition

7816 Duchess Dr is listed 40.63% 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 $387.93 per/sqft which puts the price per square foot 28.16% lower than the median price per square foot for the city of Whittier.

About 7816 Duchess Dr

Detailed summary of property

7816 Duchess Dr is a apartment located in Whittier, CA 90606 and is currently in escrow to be sold. This apartment offers 6 bedrooms, 4 bathrooms, roughly 2,900 living square feet, and sits on an approximately 11,168 square foot lot. 7816 Duchess Dr was first listed on ArdentRealEstateGroup.com on February 24, 2024. The homeowner is currently asking $1,125,000. 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 40.63% higher than the median priced home. Local competing homes currently for sale include 12103 Burgess Ave, 12044 Sycamore St and 8531 Cole St. While the average home in Whittier, CA is selling in 59 days, 7816 Duchess Dr has a days on market of 33 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 7816 Duchess Dr Whittier, CA 90606 contact Ardent Real Estate Group and we will put you in touch with one of our Whittier agents.

Public Facts for 7816 Duchess Dr

Public county record property details
Beds
6
Baths
4
Year built
1958
Sq. Ft.
2,900
Lot Size
11,167
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
3
APN
8173-002-012

The source for these homes facts are from public records.

90606 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$750,000
Median List Price/Sq.Ft.
$553
Median Sold Price
$730,000
Median Sold Price/Sq.Ft.
$606
Total Inventory
19
Median Sale to List Price %
104.29%
Avg Days on Market
31
Loan Type
Conventional (28.57%), FHA (57.14%), VA (0%), Cash (14.29%), 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.