8360 Sargent Avenue

8360 Sargent Avenue

Whittier, CA 90605

$1,850,000
Last Sold Price
5
Beds
6
Baths
4,876 Sq. Ft.
$379 / Sq. Ft.
4,876
Sq. Ft.
$379
per Sq. Ft.

Closed 10/15/21

Closed 10/15/21

Description

Great Location in the City of Whittier. The Two-Story 6 Units Well Maintained Apartment Building in An Excellent and High Demand Rental Desirable Neighborhood with Low Vacancy Rate in the City of Whittier (Next to Hacienda Heights, La Habra, Pico Rivera). Close to Whittier City College. Building Inside Total 4,876 Sq.ft. Newer Paint on the Building. Newer Windows and Most of the Units have been Renovated. 2 Units are All Two Bedrooms with One Bath at Monthly Rent of $1,650. And 4 Units are One Bedroom...Great Location in the City of Whittier. The Two-Story 6 Units Well Maintained Apartment Building in An Excellent and High Demand Rental Desirable Neighborhood with Low Vacancy Rate in the City of Whittier (Next to Hacienda Heights, La Habra, Pico Rivera). Close to Whittier City College. Building Inside Total 4,876 Sq.ft. Newer Paint on the Building. Newer Windows and Most of the Units have been Renovated. 2 Units are All Two Bedrooms with One Bath at Monthly Rent of $1,650. And 4 Units are One Bedroom with One Bath at a Monthly Rent $1,650, Currently, Only One unit of One Bedroom with One Bath has been Renovated for New Buyer but Not Rent out for the Buyer to Collect Higher Rent. Individual Laundry Room. Tenants pay for Their Own Gas & Electricity Bills Thru Individual Meters. Annual Gross Schedule Income Approx. $118,800 (Current Actual Gross Income $79,200), Pro Forma Annual Gross Income Approx. $127,116. Annual Expense $33,594 which includes Property Tax, Insurance, Gardener, Electricity in Common Area, Water, Trash and Management Fee. Annual Schedule Net Operating Income Approx. $85,206. Separate On-Site Washer or Dryer. 6 Car Garage Parking Spaces in the Back of the Building. Close to Freeway 605 and 60, Shopping Centers, Restaurants & Parks. Tenants with a "Month-To-Month" Lease which Provides an Investor the Opportunity to Adjust the Rent in the future. Great investment opportunity For The Investor to Keep as a Long Term Investment.
  1. Listed by Sheng Wang • DRE #01772547 • Brokerage DRE #01327527 • Century 21 Care

Property Details for 8360 Sargent Avenue

Parking Spaces Total
6
Private Pool
No
Total Units
6.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
4876
Assessor Parcel Number
8143-001-003
Property Attached YN
false

Location

Listing Courtesy of Century 21 Care, Sheng Wang, DRE #01772547

Sold By Coldwell Banker Alliance, Frank Anguiano, DRE #01992298

Add your commute
LISTING UPDATED: 10/15/2021 03:08 PM

Property Details for 8360 Sargent Avenue

StatusClosed
MLS #TR21172510
Days on Market20
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1955
CountyLos Angeles County

Location

Listing Courtesy of Century 21 Care, Sheng Wang, DRE #01772547

Sold By Coldwell Banker Alliance, Frank Anguiano, DRE #01992298

Add your commute

Building Information for 8360 Sargent Avenue

Building/Complex8360 Sargent AveFloor-Stories2Residences-Pet Policy-Year Built1955Building Size-

Payment Calculator

$12,038 per month

30 year fixed, 7.25% Interest

Principal and Interest

$10,096

Property Taxes

$1,942

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 8360 Sargent Avenue

Income / Expense / Tax Details
Income Details
  • Gross Income: $118,800
  • Gross Scheduled Income: $118,800
  • Net Operating Income: $85,206
  • Financing: Cash To New Loan
Expense Details
  • Operating Expense: $33,594
  • New Taxes Expense: $18,240
  • Fuel Expense: $235
  • Electric Expense: $401
  • Insurance Expense: $5,007
  • Professional Management Expense: $4,200
  • Trash Expense: $2,299
  • Water Sewer Expense: $2,012
  • Total Expenses: $35,594
Tax / Assessment Info
  • Tax Tract Number: 19390
  • Tax Lot: 21
Community / Development
Community / Development
  • Community Features: Sidewalks
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Individual Room
Exterior Features
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: Flag Lot
  • Number Of Units: 6
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Two
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 6
  • Parking: No
  • Parking Garage: On street
  • Parking Garage Spaces: 6
  • Carport Spaces: 0
  • Parking Features: Street
Unit Information
Unit 1
  • Unit Type Units Total: 2
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,650
  • Unit Type Total Rent: $3,300
  • Unit Type Pro Forma: 1895
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 2
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,650
  • Unit Type Total Rent: $3,300
  • Unit Type Pro Forma: 1799
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,495
  • Unit Type Total Rent: $1,495
  • Unit Type Pro Forma: 1750
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 1750
  • Unit Type Type: 4
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: 1

Property History for 8360 Sargent 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 8360 Sargent Avenue

Taxable ValueLand$1,132,200Additions$755,020Total$1,887,220
Tax Record2023$23,308 ($1,942 / month)
Home Facts
Total Finished SqFt4,876 SqFtAbove Grade Finished SqFt4,876 SqFtLot Size6,598 SqFtStyleMulti-Family Res (5+ Units)Year Built1955ZoningWHR4*CountyLOS ANGELESAPN8143-001-003

Schools near 8360 Sargent Avenue

This home is within East Whittier City Elementary School District.
Rating
School
Type
Grades
Distance
Ocean View Elementary School
Public - K to 5
East Whittier Middle School
Public - 6 to 8
California High School
Public - 9 to 12
Frontier High (Continuation) School
Public - 9 to 12
Rating
School
Distance
Ocean View Elementary School
PublicK to 5

East Whittier Middle School
Public6 to 8

California High School
Public9 to 12

Frontier High (Continuation) 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.

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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 Century 21 Care, Sheng Wang, DRE #01772547

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.