7909 Painter Ave, Whittier, CA 90602
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7909 Painter Ave Whittier, CA 90602

$1,315,000 Sold Price as of 04/01/2024
  • -- Beds
  • -- Baths
  • 3,583 Sq.Ft.
Sold
$1,315,000 Sold Price as of 04/01/2024 Refinance Your Mortgage

Map preview of 7909 Painter Ave, Whittier, CA 90602

Property Overview: 7909 Painter Ave Whittier, CA has -- bedrooms, -- bathrooms, 3,583 living square feet and 7,840 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: We are pleased to exclusively present the opportunity to acquire 7909 Painter Avenue, a freestanding two-story office building located in the city of Whittier, California. This owner-user or investor offer is situated on the west side of Painter Avenue, between Walnut Street and La Cuarta Street. The property is near State Route 72 that runs along Whittier Boulevard, providing commuters easy access to cities in both Los Angeles and Orange County. Constructed in 1961, the office building consists of three office suites: a 1,229 square feet suite and a 200 square feet suite on the ground floor, and a 2,154 square feet suite on the second floor. The subject property sits on a rectangular parcel of approximately 7,858 square feet and has a total of approximately 3,583 square feet of building area. There are seventeen surface parking spaces accessible through the front and the rear of the property. On the first floor, guests are welcomed by an outdoor directory at the front entrance, floor-to-ceiling windows, and an indoor staircase with a serene garden area to the left. The 1,229 square feet office space on the right offers a private lobby/waiting area with two reception windows, an executive office along with multiple office cubes. The 200 square feet suite offers a side entrance and hardwood flooring. On the second floor, the common area offers hardwood flooring and a small kitchenette. There are two individual offices and multiple conference rooms. In addition, the subject property features common area restrooms on both floors, a utility storage room, security cameras and lighting, separate utility meters for each floor, and keypad locks for each suite and the side door. The building is well-maintained and equipped with renovations including new windows with awnings, freshly painted exterior, new roof, new HVAC system, new PEX plumbing, and a recently resealed/restriped parking lot. The office building is zoned C-0 (commercial office) and is ideally situated between the bustling Uptown Whitter to the north and Whittier Boulevard to the south, one of the main thoroughfares in the city with an annual average daily traffic count of over 27,000. Within a mile north on Painter Avenue, Whittier College is a 4-year private liberal art institution that offers over 30 academic departments and unique pre-professional programs.

Listed by Douglas McCauley | BRE #01155706 | MARCUS & MILLICHAP
Co-listed by David Covarrubias | BRE #01941403 | MARCUS & MILLICHAP
Last checked: 14 minutes ago | Last updated: April 1st, 2024 | Source CRMLS | DOM: 76

Home details

Lot Sq. Ft
7,840
HOA Dues
$0/mo
Year built
--
Garage
--
Property Type:
Office
Status
Sold
MLS#
CV23182375
City
Whittier
County
Los Angeles
Time on Site
356 days
Property Unit Breakdown
Unit Mix Summary
  • Total # of Units: --
  • Total # of Buildings: --
Property Income/Expense Information
Property Income and Analysis
  • Cap Rate: 5.65%
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $101,292
  • Net Operating Income: $79,091
  • Gross Operating Income: --
  • Vacancy Allowance: $3,039
  • Other Income 1: $3,408
Annual Expense Breakdown
  • Total Operating Expense: $22,570

Property Details for 7909 Painter Ave

Interior Features
Laundry Information
  • None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: Rectangular Lot
  • Common Interest: None
Property Information
  • Parcel Number: 8142037027
  • Entry Level: 1
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: North on Painter Ave, past La Cuarta Street, on the left side
View more facts & features

Local Whittier Agent

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Sale History for 7909 Painter Ave

Last sold for $1,315,000 on April 1st, 2024
  • April, 2024

  • Apr 1, 2024

    Date

    Sold

    CRMLS: CV23182375

    $1,315,000

    Price

  • Sep 29, 2023

    Date

    Active

    CRMLS: CV23182375

    $1,400,000

    Price

  • April, 2011

  • Apr 29, 2011

    Date

    Sold (Public Records)

    Public Records

    $440,000

    Price

  • October, 2005

  • Oct 5, 2005

    Date

    Sold (Public Records)

    Public Records

    $700,000

    Price

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Tax History for 7909 Painter Ave

Assessed Value (2020): $515,442
Year Land Value Improved Value Assessed Value
2020 $316,296 $199,146 $515,442

Home Value Compared to the Market

This property vs the competition

7909 Painter Ave sold on April 1, 2024 for 65.68% 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 $390.73 per/sqft which puts the price per square foot 33.55% lower than the current median sale per square foot for the city of Whittier.

About 7909 Painter Ave

Detailed summary of property

7909 Painter Ave is a office that recently sold in Whittier, CA 90602. This office offered -- bedrooms, -- bathrooms, roughly 3,583 living square feet, and sits on an approximately 7,840 square foot lot. 7909 Painter Ave was first listed on ArdentRealEstateGroup.com on September 29, 2023. The homeowner sold the property for $1,315,000. 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 65.68% higher than the current median priced home. Local homes that are currently for sale include 3191 Interchange St, 6354 Painter Ave and 7700 S Broadway. While the average home in Whittier, CA is selling in 61 days, 7909 Painter Ave has a days on market of 76 days. There are currently 246 homes for sale in the Whittier real estate market and 200 of them are single family homes while 30 of them are condos and 16 are townhomes. For more information on this home for sale at 7909 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 7909 Painter Ave

Public county record property details
Beds
--
Baths
--
Year built
1961
Sq. Ft.
3,558
Lot Size
7,858
Stories
1
Type
Office Bldg (General)
Pool
No
Spa
No
County
Los Angeles
Lot#
3,4
APN
8142-037-027

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
$869,999
Median List Price/Sq.Ft.
$538
Median Sold Price
$930,000
Median Sold Price/Sq.Ft.
$514
Total Inventory
32
Median Sale to List Price %
103.45%
Avg Days on Market
28
Loan Type
Conventional (50%), FHA (8.33%), VA (8.33%), Cash (8.33%), Other (25%)

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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.