$1,350,000
$1,300,000
3.8%For more information regarding the value of a property, please contact us for a free consultation.
7,000 Sqft Lot
SOLD DATE : 05/12/2022
Key Details
Sold Price $1,350,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID CV22083935
Sold Date 05/12/22
HOA Y/N No
Year Built 1960
Lot Size 7,000 Sqft
Property Description
We are pleased to offer for sale this pride of ownership asset located in "Uptown" Whittier. The subject property consists of 5 rental units, 1(2bed/1Bath) & 4(1Bed/1Bath) units. The property has undergone a number of capital improvements over the last 5 years which include; New Copper Plumbing, New Electrical Service, New Roof, and New Dual Pane Windows. Tenants enjoy an onsite laundry facility as well as open space parking. The current rental rates are quite modest for the area offering a new investor an upside potential of 25%+/- in potential gross rental income. "Uptown" Whittier is home to restaurants, nightlife, and major public services, all of which are walking distance to the subject property.
Location
State CA
County Los Angeles
Area 678 - N. Whittier
Zoning WHR4*
Interior
Fireplace No
Laundry Common Area, Inside
Exterior
Pool None
Community Features Curbs, Gutter(s), Sidewalks
Total Parking Spaces 5
Private Pool No
Building
Lot Description 2-5 Units/Acre
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 8135010015
Energy Description 234.0
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Financing Cash
Special Listing Condition Standard
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Bought with KRISTOPHER GERMAN • RE/MAX 2000 REALTY
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
880 Roosevelt Suite 250, Irvine, California, 92620, United States