7608 Painter Avenue

Whittier, CA 90602

$985,000
Price
3
Beds
2
Baths
1,612 Sq. Ft.
$611 / Sq. Ft.
1,612
Sq. Ft.
$611
per Sq. Ft.

Description

A rare and incredible investment opportunity! Ability to purchase (2) houses together and located less than 1 mile from the Uptown Whittier, Farmer Market, College, and Whittier Museum. These beautiful homes are near shopping, dining, and FWY (605). Gorgeous front house with (2) bedrooms, (1) bathroom, and back house with (1) bedroom, (1) bathroom with fireplace. The front house was recently remodeled with newer kitchen cabinets and tile, hardwood flooring, a modern quartz countertop, a newly renovated...A rare and incredible investment opportunity! Ability to purchase (2) houses together and located less than 1 mile from the Uptown Whittier, Farmer Market, College, and Whittier Museum. These beautiful homes are near shopping, dining, and FWY (605). Gorgeous front house with (2) bedrooms, (1) bathroom, and back house with (1) bedroom, (1) bathroom with fireplace. The front house was recently remodeled with newer kitchen cabinets and tile, hardwood flooring, a modern quartz countertop, a newly renovated bathroom with tile, and new appliances, including a new refrigerator, stove, and water heater. Each unit has a separate laundry room equipped with a washer & dryer, new interior & exterior paint, and a detached garage, front, and backyard patio for family entertainment. The property contains a large lot with lots of potential, and the zoning allows for mixed-use commercial/residential setups. This is an excellent property for investing and potentially adding an ADU in a location with rents quickly rising and appreciating.
  1. Listed by Lisa Oliveras • DRE #01141551 • Brokerage DRE #01879720 • RE/MAX Estate Properties • lisa.ramsey@southbayspecialists.com
  2. Listed by Ramsey Oliveras • DRE #01200976 • Brokerage DRE #01879720 • RE/MAX Estate Properties

Property Details for 7608 Painter Avenue

View
None
Parking Spaces Total
6
Private Pool
No
Cooling Type
Wall/Window Unit(s)
Total Units
2.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
1612

Location

Listing Courtesy of RE/MAX Estate Properties, Lisa Oliveras, DRE #01141551; RE/MAX Estate Properties, Ramsey Oliveras, DRE #01200976
Add your commute
LISTING UPDATED: 01/22/2024 11:29 AM

Property Details for 7608 Painter Avenue

StatusActive
MLS #PV24008460
Days on Market100
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeResidential Income
Year Built1912
Lot Size0.19 AC / 8,339 SF
CountyLos Angeles County

Location

Listing Courtesy of RE/MAX Estate Properties, Lisa Oliveras, DRE #01141551; RE/MAX Estate Properties, Ramsey Oliveras, DRE #01200976
Add your commute

Building Information for 7608 Painter Avenue

Stories1Residences-Year Built1912Building Size-Lot Size0.19 AC / 8,339 SF

Payment Calculator

$6,239 per month

30 year fixed, 7.25% Interest

Principal and Interest

$5,376

Property Taxes

$863

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 7608 Painter Avenue

Rental Info
Rental Info
  • Tenant Pays: All Utilities, Cable TV, Electricity, Gas
Income / Expense / Tax Details
Income Details
  • Gross Income: $55,212
  • Gross Scheduled Income: $55,212
  • Gross Operating Income: $55,212
  • Net Operating Income: $39,830
  • Gross Multiplier: 17.84
  • Cap Rate: 4.04
  • Current Financing: Conventional
Expense Details
  • Operating Expense: $15,382
  • Operating Expense Percent: 28.00%
  • New Taxes Expense: $11,081
  • Gardener Expense: $720
  • Insurance Expense: $1,500
  • Trash Expense: $695
  • Water Sewer Expense: $1,386
  • Total Expenses: $15,382
Tax / Assessment Info
  • Tax Block: B
  • Tax Tract Number: 9642
  • Tax Census Tract: 5018.02
  • Tax Lot: 3
Community / Development
Community / Development
  • Accessibility Features: None
  • Disability Access: None
  • Assessments YN: Yes
  • Assessments: Unknown
  • Community Features: Sidewalks
Property / Structure Info
Interior Features
  • Appliances: Dishwasher, Free-Standing Range, Disposal, Gas & Electric Range, Gas Water Heater, Refrigerator
  • Equipment: Dishwasher, Inside, Refrigerator, Washer, Washer Hookup, Washer Included
  • Interior Features: Balcony, Recessed Lighting, Unfurnished
  • Room Type: All Bedrooms Down, Kitchen, Laundry, Living Room, Primary Bathroom
  • Bedroom Features: All Bedrooms Down
  • Water Heater Features: Gas
  • Laundry: Yes
  • Laundry Features: Inside, Washer Hookup, Washer Included
  • Fireplace Features: Kitchen, Living Room, Electric, Gas, Great Room
  • Fireplace Rooms: Electric, Gas, Great Room, Kitchen, Living Room
  • Cooling: Wall/Window Unit(s)
  • Flooring: Laminate, Tile
Exterior Features
  • Door Features: Panel Doors
  • Window Features: Screens
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Construction Materials: Wood Siding
  • Exterior Construction: Wood Siding
  • Roof: Composition, Shingle
  • Entry Location: Front
  • Fence: Yes
  • Fence: Wood
  • Fencing: Block, Wood
  • Foundation Details: Pillar/Post/Pier, Raised
  • Other Structures: Two On A Lot
  • View Description: None
  • Pool Features: None
  • Pool Description: None
  • Spa Features: None
Land/Lot Info
  • Lot Features: Back Yard, Front Yard, Lawn, Lot 6500-9999
  • Number Of Units: 2
  • Improvements Amount: $141,079.00
  • Land Lease: No
  • Land Lease Type: Fee
  • Land Value: $389,336.00
  • Road Surface Type: Paved
  • Road Frontage Type: City Street
  • Levels: One
  • Water: Public
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Electric: Standard
  • Water Source: Public
Parking Info
  • Garage Spaces: 2
  • Parking: Yes
  • Parking Garage: Driveway, Garage, Garage - 2 Car
  • Uncovered Spaces: 4
  • Open Other Spaces Total: 4
  • Parking Garage Spaces: 2
  • Carport Spaces: 0
  • Parking Features: Driveway, Concrete, Garage, Garage Faces Rear, Garage - Two Door
Property / Structure Info
  • Personal Property Amount: $530,415.00
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,695
  • Unit Type Total Rent: $2,695
  • Unit Type Pro Forma: 3100
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,906
  • Unit Type Total Rent: $1,906
  • Unit Type Pro Forma: 2400
  • Unit Type Type: 2
Unit Information
  • Number Of Units Leased: 2
  • Rent Controlled: No
  • Number Of Buildings: 3
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number With Dishwasher: 1
  • Number With Disposal: 2
  • Number With Patio: 2
  • Number Wall AC: 1

Property History for 7608 Painter 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 7608 Painter Avenue

Taxable ValueLand$592,620Additions$253,980Total$846,600
Tax Record2023$10,358 ($863 / month)
Home Facts
Total Finished SqFt1,612 SqFtAbove Grade Finished SqFt1,612 SqFtLot Size8,336 SqFtStyleDuplexYear Built1912ZoningWHCO*CountyLOS ANGELESAPN8142-007-056

Schools near 7608 Painter 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 - 9 to 12
Rating
School
Distance
Lou Henry Hoover Elementary School
PublicK to 5

Walter F. Dexter Middle School
Public6 to 8

Whittier High School
Public9 to 12

Sierra Vista High (Alternative) School
Public9 to 12

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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Similar Sold Homes

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7608 Painter Avenue is a mixed use property for sale in Whittier, CA 90602. This property was listed for sale on January 16, 2024 by RE/MAX Estate Properties, it's currently listed at $985,000. It has been on the market for a total of 100 days and was last sold on May 9, 2022. This listing's school districts are Whittier City Elementary School District, Whittier Union High School District. Nearby schools include Lou Henry Hoover Elementary School, Walter F. Dexter Middle School and Whittier High School. 7608 Painter Avenue is a 3-bed, 2-bath, 1,612 sqft mixed use property built in 1912.

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 RE/MAX Estate Properties, Lisa Oliveras, DRE #01141551; RE/MAX Estate Properties, Ramsey Oliveras, DRE #01200976

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.