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8337 College Ave, Whittier, CA 90605
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8337 College Ave Whittier, CA 90605

$1,575,000 Sold Price as of 03/23/2023
  • 10 Beds
  • 5 Baths
  • 4,344 Sq.Ft.
Sold
$1,575,000 Sold Price as of 03/23/2023 Refinance Your Mortgage
Map preview of 8337 College Ave, Whittier, CA 90605

Property Overview: 8337 College Ave Whittier, CA has 10 bedrooms, 5 bathrooms, 4,344 living square feet and 9,810 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: We are pleased to exclusively offer for sale this 5 unit multi-family investment property located in the highly desirable rental community of Whittier. The property is comprised of a 2Bed/1Bath single-story detached cottage, and four additional 2Bed/1Bath units. All units are oversized and well-appointed with a total rental square footage of 4,344SqFt, all of which are situated on a LARGE 9,810 SqFt lot. The tenants enjoy garage parking for the cottage unit, open space parking for the remaining 4 units, as well as an onsite laundry facility. With decades of dedicated ownership, numerous units have recently undergone tasteful renovations and updates to ensure all tenants remain comfortable in their homes. All units are separately metered for electricity and gas, while the owner pays for water and trash. *The seller also owns the property to the rear (2 houses on a 9,900 SqFt Lot) and would be interested to sell to a buyer who purchases both properties. Inquire for more details.

Listed by KRISTOPHER GERMAN | BRE #01800021 | RE/MAX 2000 REALTY
Last checked: 11 minutes ago | Last updated: March 23rd, 2023 | Source CRMLS | DOM: 11

Home details

Lot Sq. Ft
9,810
HOA Dues
$0/mo
Year built
1954
Garage
1 Car
Property Type:
Apartment
Status
Sold
MLS#
CV23031198
City
Whittier
County
Los Angeles
Time on Site
574 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 5
  • Total # of Buildings: 2
  • # of Leased Units: 5
  • # of Electric Meters: 5
  • # of Gas Meters: 5
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,800
  • Total Rent: $1,800
  • Pro Forma/Market Rent: $1,995
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,300
  • Total Rent: $1,300
  • Pro Forma/Market Rent: $1,995
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,800
  • Total Rent: $1,800
  • Pro Forma/Market Rent: $1,995
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,100
  • Total Rent: $2,100
  • Pro Forma/Market Rent: $2,350
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,850
  • Total Rent: $1,850
  • Pro Forma/Market Rent: $1,995
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $106,832
  • Net Operating Income: $73,639
  • Gross Operating Income: $103,627
  • Vacancy Allowance: $3,205
  • Laundry Income: $632
Annual Expense Breakdown
  • Total Operating Expense: $29,989
  • Electric: $206
  • Gas/Fuel: $340
  • New Taxes: $17,451
  • Trash: $2,200
  • Insurance: $1,800
  • Maintenance: $3,750
  • Professional Management: $0
  • Water/Sewer: $3,492
  • Other Expenses: $750
  • Other Expense Description: Reserves

Property Details for 8337 College Ave

Interior Features
Laundry Information
  • Has Laundry
  • Community, Inside
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 1
  • # of Parking Spaces: 9
Lot Information
  • Lot Features: 2-5 Units/Acre
  • Lot Size Source: Assessor
  • Common Interest: Community Apartment
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 5
  • Parcel Number: 8142028010
  • Year Built Source: Assessor
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: East of I-605, South of CA-60; Near the Intersection of Whittier Blvd & College Ave
Neighborhood Information
  • Community Features: Curbs, Gutters, Sidewalks
View more facts & features

Local Whittier Agent

Sale History for 8337 College Ave

Last sold for $1,575,000 on March 23rd, 2023

  • March, 2023

  • Mar 23, 2023

    Date

    Sold

    CRMLS: CV23031198

    $1,575,000

    Price

  • Feb 23, 2023

    Date

    Active

    CRMLS: CV23031198

    $1,575,000

    Price

  • January, 2002

  • Jan 29, 2002

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 8337 College Ave

Assessed Value (2020): $148,041
Year Land Value Improved Value Assessed Value
2020 $45,824 $102,217 $148,041

Home Value Compared to the Market

This property vs the competition

8337 College Ave sold on March 23, 2023 for 86.39% 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 $362.57 per/sqft which puts the price per square foot 38.34% lower than the current median sale per square foot for the city of Whittier.

About 8337 College Ave

Detailed summary of property

8337 College Ave is a apartment that recently sold in Whittier, CA 90605. This apartment offered 10 bedrooms, 5 bathrooms, roughly 4,344 living square feet, and sits on an approximately 9,810 square foot lot. 8337 College Ave was first listed on ArdentRealEstateGroup.com on February 23, 2023. The homeowner sold the property for $1,575,000. 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 86.39% higher than the current median priced home. Local homes that are currently for sale include 381 Amalia Ave, 5371 Louis Pl and 3700 W Savanna St. While the average home in Whittier, CA is selling in 60 days, 8337 College Ave has a days on market of 11 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 8337 College Ave Whittier, CA 90605 contact Ardent Real Estate Group and we will put you in touch with one of our Whittier agents.

Public Facts for 8337 College Ave

Public county record property details
Beds
10
Baths
5
Year built
1954
Sq. Ft.
4,344
Lot Size
9,810
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
18
APN
8142-028-010

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%)

Thinking of Selling?

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(714) 706-1823

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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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