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Address Not Published St

Whittier, CA 90602
  • $3,600,000
  • STATUS: Active
  • ON SITE: 202 Days
  • ID#: 22-134433
UPDATED: 34 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:
Area:

School Ratings & Info

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 the Combined LA/Westside Multiple Listing Service as of 2022-09-27T08:42:55.453. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.trulinerealty.com/homes/126500117
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Address Not Published St Whittier, CA 90602

  • Price: $3,600,000
  • Status: Active
  • On Site: 202 Days
  • Updated: 34 min ago
  • ID#: 22-134433
15
Beds
0
Baths
0
½ Baths
0.31
Acres
7,272
SQFT
$495
$/SQFT
1959
Built
Neighborhood:
Whittier
County:
Los Angeles
Area:
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 Total 11 Covered Parking 11 Cross Streets Penn Street & Painter Avenue Direction Faces North Levels Multi/Split Lot Size Area 13707 Other Structures None Parking Garage CarportGarage Pool Description None Pool YN No Spa None Spa YN No Tennis Court None Tennis YN No Total Parking 12 View Description None View YN No Water Frontage None

Interior Features

Baths Total 12.00 Cooking Appliances Built-Ins Cooling None Equipment Built-Ins Heating Wall Gas Laundry Community Laundry Equipment Lease Water Heater Features GasCentral Water Heater

Property Features

Alley YN No Assessed Total Value 3194757 Gross Income 243600 Gross Operating Income 236292 Land Lease Type Fee Like Units1 4 Like Units2 5 Like Units3 3 Net Operating Income 148752.00 Number Of Buildings 1 Number Of Units 12 Owner Pays GardenerWater Rent Control YN No Sale Type Standard Security Features None Sewer In Connected And Paid Source Living Area Vendor Enhanced Source Lot Size Area Vendor Enhanced Tenant Pays ElectricityGas Total Annual Expense 87540 Type Of Units 12 Units Water District Water Heaters YN Yes Year Built Source Vendor Enhanced Zoning Whr3*

Listing provided courtesy of Juan Cardenas DRE#01233927 of Remax Commercial And Investment Realty: 213-817-1000.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2022-09-27T08:42:55.453. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
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TruLine Realty
2999 Overland Ave., Suite 116
Los Angeles CA, 90064