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Key Details
Sold Price $1,260,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,920 sqft
Price per Sqft $431
MLS Listing ID CV21067959
Sold Date 09/24/21
HOA Y/N No
Year Built 1940
Lot Size 6,629 Sqft
Acres 0.1522
Property Description
We are pleased to offer for sale this 6 unit multi-family investment located in the highly desirable rental community of "Uptown" Whittier. Located in a primarily single family residential neighborhood, but just minutes to shops, dining, and various retail, "Uptown" Whittier offers a Grade A location for tenants looking for convenience and entertainment. The subject property is attractively priced at a 5.48% current CAP Rate, and 13.2 GRM, taking into account the current rental rates in place. The unit mix is comprised of 1(2Bed/1Bath), 2 (1Bed/1Bath)s, and 3 Studio units. Each unit is separately metered for electricity and gas, and the tenants enjoy onsite garage parking. Some upgrades have been made to the interiors of the units such as laminate floors and granite counters.
Location
State CA
County Los Angeles
Area 670 - Whittier
Zoning WHC0UD*
Rooms
Ensuite Laundry None
Interior
Laundry Location None
Fireplace No
Laundry None
Exterior
Garage Spaces 5.0
Garage Description 5.0
Pool None
Community Features Curbs, Gutter(s), Sidewalks
Total Parking Spaces 5
Private Pool No
Building
Lot Description 6-10 Units/Acre
Story Two
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 8139001030
Energy Description 1200.0
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Financing Cash to New Loan
Special Listing Condition Standard
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Bought with Vincent Cook • Alden Pacific Investments, Inc.
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