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Address Not Available By Request

Whittier, CA 90602
  • $3,600,000
  • STATUS: Active
  • ON SITE: 454 Days
  • ID#: 22134433
UPDATED: 55 min ago
$3,600,000
  • 15
    BEDS
  • 0.31
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 7,272
    SQFT
  • $495
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1959
County:

School Ratings & Info

Listing Agent(s): Juan Cardenas of Remax Commercial And Investment Realty (213-817-1000) and Nicholas Petrosian of ()


Description

The subject property is a beautiful 12-unit apartment complex, with the majority of the units being renovated in recent years. Some of the upgrades include new wall furnace heaters, new patio walls, laminated flooring, granite counter tops, and drought resistant landscaping. The property's unit mix consists of (9) 1-Bed / 1-Bath units and (3) 2-Bed / 1-Bath units. The property features an on-site laundry facility, 11 carports and 1 garage. The city of Whittier is a dynamic multi-family rental market that is centrally located to all of Southern California and is only 12 miles from Downtown Los Angeles. Easily accessible through the 605 freeway, between the 60 and the 5 Freeways, Whittier also borders Orange County.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2023-06-06T21:29:02.127. 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 deemed reliable but is not guaranteed accurate by the MLS or Beach City Brokers | BCB Premier Estates | The Miller Group. Licensed in the State of California, USA.
www.tolivebythesea.com/homes/126502020
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Address Not Available By Request Whittier, CA 90602

  • Price: $3,600,000
  • Status: Active
  • On Site: 454 Days
  • Updated: 55 min ago
  • ID#: 22134433
15
Beds
0
Baths
0
½ Baths
0.31
Acres
7,272
SQFT
$495
$/SQFT
1959
Built
Neighborhood:
670 - Whittier
County:
Los Angeles
Area:
670 - Whittier
Property Description
The subject property is a beautiful 12-unit apartment complex, with the majority of the units being renovated in recent years. Some of the upgrades include new wall furnace heaters, new patio walls, laminated flooring, granite counter tops, and drought resistant landscaping. The property's unit mix consists of (9) 1-Bed / 1-Bath units and (3) 2-Bed / 1-Bath units. The property features an on-site laundry facility, 11 carports and 1 garage. The city of Whittier is a dynamic multi-family rental market that is centrally located to all of Southern California and is only 12 miles from Downtown Los Angeles. Easily accessible through the 605 freeway, between the 60 and the 5 Freeways, Whittier also borders Orange County.
Exterior Features

Carport Spaces 11 Carport YN Yes Direction Faces North Parking Features CarportGarage Parking Total 12 Pool Features None Pool Private YN No Spa Features None Spa YN No View None View YN No

Interior Features

Appliances Built-In Cooling None Cooling YN No

Property Features

Additional Parcels YN No Association YN No Cap Rate 4.1 Garage YN Yes Gross Income 243600 Land Lease YN No Laundry Features Common Area Levels Multi/Split Listing Agreement Seller Reserved Listing Service Full Service Net Operating Income 148752 New Construction YN No Possession Close Of Escrow Rent Control YN No Senior Community YN No Sewer Sewer Tap Paid Special Listing Conditions Standard Tenant Pays ElectricityGas Water Source Public Zoning Whr3*



Based on information from California Regional Multiple Listing Service, Inc. as of 2023-06-06T21:29:02.127. 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 deemed reliable but is not guaranteed accurate by the MLS or Beach City Brokers | BCB Premier Estates | The Miller Group. Licensed in the State of California, USA.
 
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Beach City Brokers | BCB Premier Estates | The Miller Group
1716 South Catalina Avenue
Redondo Beach CA, 90277
Listing Agent(s): Juan Cardenas of Remax Commercial And Investment Realty (213-817-1000) and Nicholas Petrosian of ()