6340 Pierce Avenue

Whittier, CA 90601

$1,650,000
Price
7
Beds
49
Baths
4,508 Sq. Ft.
$366 / Sq. Ft.
4,508
Sq. Ft.
$366
per Sq. Ft.

Description

A legacy property, 1st time on the market in 48 years! Situated in a highly sought after Whittier location, this excellent income opportunity offers 7 units each with one bedroom and one bathroom. There are 2 carport spaces and a fenced parking lot with several spaces. Great Whittier location is close to Uptown, schools, shopping, restaurants, and hospitals. There is easy freeway access to downtown LA.A legacy property, 1st time on the market in 48 years! Situated in a highly sought after Whittier location, this excellent income opportunity offers 7 units each with one bedroom and one bathroom. There are 2 carport spaces and a fenced parking lot with several spaces. Great Whittier location is close to Uptown, schools, shopping, restaurants, and hospitals. There is easy freeway access to downtown LA.

Property Details for 6340 Pierce Avenue

Parking Spaces Total
2
Private Pool
No
Total Units
7.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
4508
Assessor Parcel Number
8140-023-018
Property Attached YN
true

Location

Listing Courtesy of Berkshire Hathaway HomeServices California Properties, Martha Calder, DRE #00950428
Add your commute
LISTING UPDATED: 05/07/2024 10:40 AM

Property Details for 6340 Pierce Avenue

StatusActive
MLS #TR24086653
Days on Market12
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1957
CountyLos Angeles County

Location

Listing Courtesy of Berkshire Hathaway HomeServices California Properties, Martha Calder, DRE #00950428
Add your commute

Building Information for 6340 Pierce Avenue

Building/Complex6340 Pierce AveFloor-Stories2Residences-Pet Policy-Year Built1957Building Size-

Payment Calculator

$9,421 per month

30 year fixed, 7.25% Interest

Principal and Interest

$9,005

Property Taxes

$416

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 6340 Pierce Avenue

Income / Expense / Tax Details
Income Details
  • Gross Income: $98,400
  • Gross Scheduled Income: $98,400
  • Net Operating Income: $75,060
Expense Details
  • Operating Expense: $23,340
  • Gardener Expense: $480
  • Licenses Expense: $120
  • Electric Expense: $180
  • Insurance Expense: $2,742
  • Maintenance Expense: $6,000
  • Professional Management Expense: $0
  • Trash Expense: $3,100
  • Water Sewer Expense: $3,480
  • Total Expenses: $21,082
Tax / Assessment Info
  • Tax Block: 8
  • Tax Tract Number: 5014
  • Tax Census Tract: 5014.00
  • CFD/Mello-Roos Fee: $2,412
  • Tax Lot: 16
Community / Development
Community / Development
  • Community Features: Curbs, Sidewalks
Property / Structure Info
Interior Features
  • Laundry: No
  • Laundry Features: None
Exterior Features
  • Entry Location: 1
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: Level
  • Number Of Units: 7
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 2
  • Parking Garage Spaces: 2
  • Carport Spaces: 0
Unit Information
Unit 1
  • Unit Type Units Total: 7
  • Unit Type Beds Total: 7
  • Unit Type Baths Total: 7
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $8,200
  • Unit Type Total Rent: $8,200
  • Unit Type Pro Forma: 11000
  • Unit Type Type: 1
Unit Information
  • Rent Controlled: Yes
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 7
  • Number Of Separate Gas Meters: 7
  • Number Of Separate Water Meters: 0

Property History for 6340 Pierce Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 6340 Pierce Avenue

Taxable ValueLand$48,443Additions$181,070Total$229,513
Tax Record2023$4,986 ($416 / month)
Home Facts
Total Finished SqFt4,508 SqFtAbove Grade Finished SqFt4,508 SqFtLot Size6,580 SqFtStyleMulti-Family Res (5+ Units)Year Built1957ZoningWHT*CountyLOS ANGELESAPN8140-023-018

Schools near 6340 Pierce Avenue

This home is within Whittier City Elementary School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 6 to 8
Rating
School
Distance
Longfellow Elementary School
PublicK to 5

Walter F. Dexter Middle School
Public6 to 8

Whittier High School
Public9 to 12

Whittier Area Community Day School
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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6340 Pierce Avenue is a multi-family home for sale in Whittier, CA 90601. This property was listed for sale on May 2, 2024 by Berkshire Hathaway HomeServices California Properties, it's currently listed at $1,650,000. This listing's school districts are Whittier City Elementary School District, Whittier Union High School District. Nearby schools include Longfellow Elementary School, Walter F. Dexter Middle School and Whittier High School. 6340 Pierce Avenue is a 7-bed, 49-bath, 4,508 sqft multi-family home built in 1957.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Berkshire Hathaway HomeServices California Properties, Martha Calder, DRE #00950428

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.