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8921 La Puebla Ave, Whittier, CA 90605
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8921 La Puebla Ave Whittier, CA 90605

$1,900,000 Sold Price as of 11/05/2020
  • 10 Beds
  • 9 Baths
  • 5,282 Sq.Ft.
Sold
$1,900,000 Sold Price as of 11/05/2020 Refinance Your Mortgage
Map preview of 8921 La Puebla Ave, Whittier, CA 90605

Property Overview: 8921 La Puebla Ave Whittier, CA has 10 bedrooms, 9 bathrooms, 5,282 living square feet and 8,553 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: LOCATION, LOCATION, LOCATION! Don’t miss – rare opportunity, 1st time on the market in over 40 years! Property borders the upscale residential neighborhood of Friendly Hills, located north of Whittier Blvd. This 9 unit building has an excellent unit mix of 2 two bedroom units, 6 one bedroom units, and 1 studio unit. Low maintenance building. Super easy to rent. Super low vacancy. Walking distance to Ralph’s, Trader Joe’s, Starbucks, and much more! Many very long-term, high quality tenants with rents below market, gives a large potential for upside in rents – see proforma numbers. The all electric units are separately metered and each has its own water heater, carport with storage, window A/C unit, and refrigerator. There is also ample street parking. Money-making coin laundry on site. No rent control other than the statewide one.

Listed by Thomas Santoro | BRE #00794403 | Crane Real Estate
Co-listed by Nathan Allen | BRE #01874648 | Crane Real Estate
Last checked: 3 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 65

Home details

Lot Sq. Ft
8,553
HOA Dues
$0/mo
Year built
1959
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
PW20127942
City
Whittier
County
Los Angeles
Time on Site
1521 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 9
  • Total # of Buildings: 1
  • # of Electric Meters: 10
  • # of Gas Meters: 0
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,350
  • Total Rent: $1,350
  • Pro Forma/Market Rent: $1,500
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $995
  • Total Rent: $995
  • Pro Forma/Market Rent: $1,500
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,500
  • Total Rent: $1,500
  • Pro Forma/Market Rent: $1,500
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,240
  • Total Rent: $1,240
  • Pro Forma/Market Rent: $1,750
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $995
  • Total Rent: $995
  • Pro Forma/Market Rent: $1,500
Unit Breakdown 6
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $995
  • Total Rent: $995
  • Pro Forma/Market Rent: $1,500
Unit Breakdown 7
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $995
  • Total Rent: $995
  • Pro Forma/Market Rent: $1,500
Unit Breakdown 8
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,240
  • Total Rent: $1,240
  • Pro Forma/Market Rent: $1,750
Unit Breakdown 9
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,150
  • Total Rent: $1,150
  • Pro Forma/Market Rent: $1,150
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 3.76%
  • Gross Rent Multiplier: 16.81
  • Gross Scheduled Income: $127,920
  • Net Operating Income: $80,903
  • Gross Operating Income: $126,665
  • Vacancy Allowance: $1,255
  • Gross Spendable Income: $126,665
  • # of Rented Garages: 0
  • Garage Rental Rate: $0
  • Garage Rental Income: $0
  • Laundry Income: $2,400
  • Laundry Own/Lease: Own
  • Other Income 1: $0
  • Other Income 2: $0
Annual Expense Breakdown
  • Total Operating Expense: $45,762
  • Electric: $1,236
  • Gas/Fuel: $0
  • Licenses: $261
  • New Taxes: $26,581
  • Trash: $2,090
  • Gardener: $720
  • Insurance: $5,694
  • Maintenance: $6,874
  • Professional Management: $0
  • Water/Sewer: $2,306

Virtual Tour

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Property Details for 8921 La Puebla Ave

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Wall Furnace, Electric
Laundry Information
  • Has Laundry
  • Community, Dryer Included, In Carport, Washer Hookup, Washer Included
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Carpet, Vinyl
  • Kitchen, Living Room, Main Floor Master Bedroom
Kitchen Information
  • Has Appliances
  • Electric Oven, Electric Cooktop, Electric Water Heater, Disposal, Range Hood, Refrigerator, Water Heater
Interior Features
  • Copper Plumbing Full, Tile Counters, Unfurnished
  • Levels: Two
  • Window Features: Blinds
  • Security Features: Smoke Detector(s)
Exterior Features
Exterior Information
  • Roof: Composition
  • Lighting, Rain Gutters
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 9
  • Has Parking
  • Parking Features: Assigned, Built-In Storage, Carport, Driveway, Asphalt, Driveway Level, Shared Driveway
Lot Information
  • Lot Features: Front Yard, Landscaped, Lawn, Level with Street, Lot 6500-9999, Rectangular Lot, Level, Near Public Transit, Sprinkler System, Sprinklers In Front, Sprinklers Timer, Utilities - Overhead
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • No View
  • View: None
  • Common Walls: No Common Walls
  • Total # of Units: 9
  • Parcel Number: 8149003001
  • Year Built Source: Assessor
  • Architectural Style: Traditional
  • Foundation Details: Slab
  • Property is not Attached
  • Accessibility Features: None
  • Offered With Property: 9 Refrigerators, 9 window AC units, and 1 coin operated washer and dryer
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer, Sewer Paid
  • Water Source: Public
  • Utilities: Cable Available, Electricity Connected, Phone Available, Sewer Connected, Water Connected
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Location / Neighborhood
Location Information
  • Directions: From Whittier Blvd and Colima Rd, go West on Whittier Blvd 1 block, turn Right on La Puebla, property on Left.
  • Road Frontage Type: City Street
  • Road Surface Type: Maintained, Paved
Neighborhood Information
  • Community Features: Curbs, Suburban
View more facts & features

Local Whittier Agent

Sale History for 8921 La Puebla Ave

Last sold for $1,900,000 on November 5th, 2020

  • November, 2020

  • Nov 6, 2020

    Date

    Sold

    CRMLS: PW20127942

    $1,900,000

    Price

  • Nov 3, 2020

    Date

    Pending

    CRMLS: PW20127942

    $2,150,000

    Price

  • Sep 14, 2020

    Date

    Active Under Contract

    CRMLS: PW20127942

    $2,150,000

    Price

  • Aug 24, 2020

    Date

    Active

    CRMLS: PW20127942

    $2,150,000

    Price

  • Aug 13, 2020

    Date

    Active Under Contract

    CRMLS: PW20127942

    $2,150,000

    Price

  • Jul 9, 2020

    Date

    Active

    CRMLS: PW20127942

    $2,150,000

    Price

  • November, 2020

  • Nov 5, 2020

    Date

    Sold (Public Records)

    Public Records

    $1,900,000

    Price

  • November, 2020

  • Nov 5, 2020

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 8921 La Puebla Ave

Assessed Value (2020): $318,815
Year Land Value Improved Value Assessed Value
2020 $69,571 $249,244 $318,815

Home Value Compared to the Market

This property vs the competition

8921 La Puebla Ave sold on November 5, 2020 for 154.44% 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 $407.04 per/sqft which puts the price per square foot 30.78% lower than the current median sale per square foot for the city of Whittier.

About 8921 La Puebla Ave

Detailed summary of property

8921 La Puebla Ave is a multi family that recently sold in Whittier, CA 90605. This multi family property offered 10 bedrooms, 9 bathrooms, roughly 5,282 living square feet, and sits on an approximately 8,553 square foot lot. 8921 La Puebla Ave was first listed on ArdentRealEstateGroup.com on July 21, 2020. The homeowner sold the property for $1,900,000. 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 154.44% higher than the current median priced home. Local homes that are currently for sale include 1827 W Gramercy Ave, 8555 Fontana St and 1000 E Commonwealth Ave. While the average home in Whittier, CA is selling in 61 days, 8921 La Puebla Ave has a days on market of 65 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 8921 La Puebla 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 8921 La Puebla Ave

Public county record property details
Beds
11
Baths
9
Year built
1959
Sq. Ft.
5,282
Lot Size
8,552
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
8
APN
8149-003-001

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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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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