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Property Description

Original owners. 12 unit Apartment building for sale in Whittier, CA. 100% occupied. Newer complex - built in 1985. All units have central air and heat and attached garages - most have two car garages. Good unit mix - (2) 1 bedroom 1 baths, (4) 2 bedrooms 2 baths and (6) 3 bedrooms with 1 bath and 2 bathrooms. 5.5% Cap Rate on current rents. Lots of parking. Low maintenance complex. Roof replaced 4 years ago. 6 units redone 4 years ago. Just rented updated 1br/1bth unit for $2000 per month. Laundry room with landlord owned equipment- 2 washers and 2 dryers. Assumable 1st TD of $2,188,000 at 6.82% fixed till 7/1/29. The location offers excellent connectivity to major freeways and public transportation, making commutes and travel convenient. This is a great opportunity to acquire a highly desirable multi-family asset in one of the most accessible locations and would a great addition to any investor's portfolio.

Overview

Property Status
For Sale
Lot Size
0.32 Acres
MLS ID
NP25077221
Property Type
Condo
Year Built
1985

Features & Amenities

Total Area
10,762 Sq.Ft.
Architecture Styles
Ranch
View Description
None
Stories
1
Garage Spaces
20.0
Water Source
Public
Utilites
Electricity Connected, Natural Gas Connected, Sewer Connected
Pool
None
Roof
Composition
Lot Features
Back Yard, Level, Street Level
Parking
Assigned, Concrete, Direct Access, Door-Single, Garage
Heat Type
Forced Air
Air Conditioning
Central Air
Laundry Room
Common Area, Laundry Room
Fireplace
None
Appliances
Disposal
Sewer
Public Sewer
Substructure
Slab
Sales Price
$4,185,000
Real Estate Tax
$13,101/yr
Zoning
LCCH*

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11314 La Mirada Boulevard

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    License #00853601

    (949) 355-3361
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