$1,250,000
$1,100,000
13.6%For more information regarding the value of a property, please contact us for a free consultation.
6,969 Sqft Lot
SOLD DATE : 01/28/2021
Key Details
Sold Price $1,250,000
Property Type Condo
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PW20198159
Sold Date 01/28/21
HOA Y/N No
Year Built 1958
Annual Tax Amount $12,000
Lot Size 6,969 Sqft
Property Description
***OPPORTUNITY KNOCKS***Don’t miss out on this 6-unit apartment property in the beautiful city of Whittier, close to Whittier College, Community Centers, restaurants, shops and Uptown. It is perfect for an investor looking to acquire an apartment property and maximize its income potential. The subject property has all 1 bedroom/1 bath units and offers tenants onsite parking and private laundry facility. All units are separately metered for gas and electricity which keeps landlord operating expenses to a minimum. Current ownership has maintained the rental rates well below the market level and with the right strategy and approach, a new investor can take advantage of a significant repositioning opportunity. This would be a fantastic addition to any investor’s portfolio. This is a must see!
Location
State CA
County Los Angeles
Area 670 - Whittier
Zoning WHR4*
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Flooring Carpet, Laminate
Fireplace No
Laundry Common Area
Exterior
Garage Assigned, Asphalt, Paved, One Space
Fence Block, Chain Link
Pool None
Community Features Curbs, Sidewalks
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Total Parking Spaces 1
Private Pool No
Building
Lot Description Lawn
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 8141005020
Acceptable Financing Cash, Cash to New Loan, Conventional, Submit
Listing Terms Cash, Cash to New Loan, Conventional, Submit
Financing Conventional
Special Listing Condition Standard
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Bought with Darryl Jones • ERA North Orange County
"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