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13508 Mar Vista Street, Whittier, CA 90602
6
beds
4
baths
3171
ft2
· 13495
ft2 lot
$1,300,000
$410 / ft2
Listing provided courtesy of Thomas Santoro, Crane Real Estate.
Source CRMLS.
Don’t miss this rare opportunity, 1st time on the market in over 40 years! Property is located north of Whittier Blvd., near the acclaimed Whittier College. This 4 unit property consists of a triplex plus a stand-alone single family home on an enormous 13,495 square foot lot. The house has 2 bedrooms with a huge enclosed, shaded and fenced backyard, as well as a covered front porch overlooking the front yard (perfect for owner occupant)! The triplex has 2 one bedroom units and 1 two bedroom unit. Units have many cottage style features and accents, including hardwood floors. These highly desired units are super easy to rent when the rare vacancy does come up. Property is walking distance to Whittier College, Whittier Public Library, Whittier Community Center, as well as the center of town, Uptown Whittier with its numerous eateries and businesses. Long-term, high quality tenants with rents below market, give potential for upside in rents – see proforma numbers. Units are separately metered, each with its own water heater, refrigerator, gas stove, garbage disposal, ceiling fans, window a/c units. Each unit has its own washer, dryer, and sink basin, as well as its own enclosed single garage with a parking space in front of the garage. Front porches feature a locking screen door and each unit also has rear door entry with rear garden area. There are also 3 extra parking spaces on site plus street parking. Market Gross Rent Multiplier is 13.9, Market Cap Rate is 5.4%.
HOA
$0/month
On market
2 months
Year built
1949
Property type
Multi-Family
Parking
11
MLS
PW21038943
Price / Sq.Ft.
$410 / ft2
Status
Active Under Contract
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Based on a price of $1,300,000
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Property Details
Interior Features & Layout
Appliances
•   
Laundry Details: Dryer Included, Electric Dryer Hookup, Gas Dryer Hookup, Individual Room, Inside, See Remarks, Washer Hookup, Washer Included
•   
Appliances: Gas Oven, Gas Range, Gas Water Heater, Refrigerator
•   
Has Appliances
•   
Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
•   
Laundry: 1
Interior Features
•   
Electric Details: Electricity - On Property
•   
Interior Features: Copper Plumbing Full, Unfurnished
•   
Window Features: Blinds, Screens
Rooms Info
•   
Average3 Bed Area Units: Square Feet
•   
Average Studio Area Units: Square Feet
•   
Average2 Bed Area Units: Square Feet
•   
Average1 Bed Area Units: Square Feet
•   
Room Information: All Bedrooms Down, Kitchen, Living Room
•   
Average2 Bed Area: 812
•   
Average1 Bed Area: 698
Heating & Cooling
•   
Has Heating
•   
Heating Details: Floor Furnace, Wall Furnace, Natural Gas
•   
Cooling Details: Wall/Window Unit(s)
Flooring
•   
Flooring: See Remarks, Vinyl, Wood
Interior Size
•   
Building Area Total: 3171.00
Property, Lot, Community & Exterior Features
Building Info
•   
Entry Location: Ground Level with Steps
•   
Building Area Units: Square Feet
•   
Zoning: WHR4*
•   
Roof: Composition
•   
Foundation Details: Raised
•   
Stories Total: 1
•   
Num Stories: One
•   
Year Built Source: Assessor
•   
Construction Materials: Stucco
Parking Info
•   
Parking Available: 1
•   
Parking Features: Driveway, Concrete, Paved, Driveway Down Slope From Street, Garage Faces Side
•   
Garage Spaces: 4.00
•   
Uncovered Spaces: 7.00
Community Info
•   
Road Frontage Type: City Street
•   
Road Surface Type: Maintained, Paved
•   
Number Of Buildings: 3
•   
Total Units: 4
Lot Info
•   
Lot Features: Back Yard, Lot 10000-19999 Sqft, Rectangular Lot, Near Public Transit, Park Nearby
•   
Lot Size Source: Assessor
•   
Elevation Units: Feet
•   
Lot Size Acres: 0.3098
•   
Lot Size Area: 13495.0000
•   
Lot Size Units: Square Feet
Property Features
•   
Fencing: Block, Chain Link
•   
Property Condition: Turnkey
•   
Common Walls: 1 Common Wall, No One Above, No One Below
Property Type
•   
Architectural Style: Cottage
Exterior Features
•   
Direction Faces: North
Utilities & Other Information
Utilities
•   
Number Of Separate Electric Meters: 4
•   
Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
•   
Number Of Separate Gas Meters: 4
•   
Number Of Separate Water Meters: 1
Water & Sewer Info
•   
Water Source: Public
•   
Sewer: Public Sewer, Sewer Paid
Assesments Information
•   
Assessments: Sewer Assessments
Listing Details, Costs & Financing Information
Financial Info
•   
Gross Equity: 122500
•   
Tax Area: 09642
•   
Gross Operating Income: 68845.00
•   
Water Sewer Expense: 1001.00
•   
Gross Spendable Income: 48023.00
•   
Vacancy Allowance Rate: 1.00
•   
Licenses Expense: 76.00
•   
Maintenance Expense: 1728.00
•   
Cap Rate: 3.92
•   
Total Actual Rent: 5795.00
•   
Trash Expense: 1166.00
•   
New Taxes Expense: 15092.00
•   
Insurance Expense: 1759.00
•   
Tax Rate: 1.23
•   
Vacancy Allowance: 695
•   
Total Expenses: 20822.00
•   
Gross Scheduled Income: 69540.00
•   
Tax Block: B
•   
Operating Expense: 20822.00
•   
Gross Multiplier: 17.60
Tax/Assessment Info
•   
Gross Income: 69540.00
•   
Tax Year: 2019
•   
Taxes: 3740.0
Lease Info
•   
Net Operating Income: 48023.00
Listing Info
•   
Status: Active Under Contract
Multi Unit Information
Unit 3 Information
•   
Unit 3 Bedrooms: 2
•   
Unit 3 Actual Rent: 1400.00
•   
Unit 3 Total Units: 1
•   
Unit 3 Furnished Units: Unfurnished
•   
Unit 3 Garage Spaces: 1.00
•   
Unit 3 Bathrooms: 1
•   
Unit 3 Total Rent: 1400.00
Unit 2 Information
•   
Unit 2 Actual Rent: 1450.00
•   
Unit 2 Bedrooms: 1
•   
Unit 2 Total Units: 1
•   
Unit 2 Furnished Units: Unfurnished
•   
Unit 2 Bathrooms: 1
•   
Unit 2 Garage Spaces: 1.00
•   
Unit 2 Total Rent: 1450.00
Unit 1 Information
•   
Unit 1 Bedrooms: 1
•   
Unit 1 Total Units: 1
•   
Unit 1 Furnished Units: Unfurnished
•   
Unit 1 Garage Spaces: 1.00
•   
Unit 1 Bathrooms: 1
•   
Unit 1 Actual Rent: 1325.00
•   
Unit 1 Total Rent: 1325.00
Unit 4 Information
•   
Unit 4 Actual Rent: 1620.00
•   
Unit 4 Total Units: 1
•   
Unit 4 Furnished Units: Unfurnished
•   
Unit 4 Total Rent: 1620.00
•   
Unit 4 Bathrooms: 1
•   
Unit 4 Garage Spaces: 1.00
•   
Unit 4 Bedrooms: 2
Multi Unit Information
•   
Number With Refrigerator: 4
•   
# Of Units: 4
•   
Number With Patio: 4
•   
Number Of Units Leased: 4
•   
Number With Disposal: 4
•   
Number With Range: 4
•   
Price Per Unit: 306250
School Neighborhood & Directions
Location
•   
Community Features: Curbs, Sidewalks, Street Lights, Suburban
School Info
•   
Directions: From Painter go East on Mar Vista and property is on the right.
Virtual Tour Link
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Calculation
•   
Dom: 26
•   
Cdom: 26
The information contained in this listing has not been verified by Flyhomes and should be verified by the buyer.

Data last updated: Apr 18, 2021 1:32am
Neighborhood snapshot
33
Properties for sale
9.5
Median days on market
$400.64
Median sold price/sqft
102.99%
Sold/List %
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Property History
03/17/2021
03/17/2021
CRMLS #PW21038943
active
CRMLS #PW21038943
$1,300,000
+4.00%
03/01/2021
03/01/2021
CRMLS #PW21038943
active
CRMLS #PW21038943
$1,250,000
+2.04%
02/25/2021
02/25/2021
CRMLS #PW21038943
active
CRMLS #PW21038943
$1,225,000
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