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$ 1,995,000
Est. payment | /mo
8 Beds
4 Baths
0.68 Acres Lot
$ 1,995,000
Est. payment | /mo
8 Beds
4 Baths
0.68 Acres Lot
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID SW25002106
Bedrooms 8
HOA Y/N No
Lot Size 0.683 Acres
Property Description
4-PLEX OPPORTUNITY! Great Income Investment property with HUGE POTENTIAL to add ADU's! See attached link for pre-approved LA County ADU PLANS! !Starting cap rate is apprx. $4.64%! This is a 4 plex on almost a 3/4 acre lot. There are 4 individual homes, each with their own backyard. 3 homes have a 1 car garage. Property has been well maintained and is a CASH COW. Total rents are $10,050/month. Each home features 2 bedrooms/1 bath. All units have been upgraded. All have newer kitchens, bathrooms, windows, flooring, wall heater, electrical panels, newer garage doors. All units are individually metered for all utilities. Tenants pay all utilities, water, trash, gas, electricity. Over $150,000 in improvements have been made in the last 7 years. All units have their own washer/dryer hookups. 1 tenant is Section 8. This is a great opportunity! Hurry won't last long. Will not be delivered with vacant unit(s).
4-PLEX OPPORTUNITY! Great Income Investment property with HUGE POTENTIAL to add ADU's! See attached link for pre-approved LA County ADU PLANS! !Starting cap rate is apprx. $4.64%! This is a 4 plex on almost a 3/4 acre lot. There are 4 individual homes, each with their own backyard. 3 homes have a 1 car garage. Property has been well maintained and is a CASH COW. Total rents are $10,050/month. Each home features 2 bedrooms/1 bath. All units have been upgraded. All have newer kitchens, bathrooms, windows, flooring, wall heater, electrical panels, newer garage doors. All units are individually metered for all utilities. Tenants pay all utilities, water, trash, gas, electricity. Over $150,000 in improvements have been made in the last 7 years. All units have their own washer/dryer hookups. 1 tenant is Section 8. This is a great opportunity! Hurry won't last long. Will not be delivered with vacant unit(s).
4-PLEX OPPORTUNITY! Great Income Investment property with HUGE POTENTIAL to add ADU's! See attached link for pre-approved LA County ADU PLANS! !Starting cap rate is apprx. $4.64%! This is a 4 plex on almost a 3/4 acre lot. There are 4 individual homes, each with their own backyard. 3 homes have a 1 car garage. Property has been well maintained and is a CASH COW. Total rents are $10,050/month. Each home features 2 bedrooms/1 bath. All units have been upgraded. All have newer kitchens, bathrooms, windows, flooring, wall heater, electrical panels, newer garage doors. All units are individually metered for all utilities. Tenants pay all utilities, water, trash, gas, electricity. Over $150,000 in improvements have been made in the last 7 years. All units have their own washer/dryer hookups. 1 tenant is Section 8. This is a great opportunity! Hurry won't last long. Will not be delivered with vacant unit(s).
Location
State CA
County Los Angeles
Area Whittier (90605)
Zoning Public Rec
Exterior
Exterior Feature Stucco
Roof Type Composition
Building
Story 1
Level or Stories 1 Story
Others
Monthly Total Fees $142
Acceptable Financing Cash, Conventional, Exchange
Space Rent $2,700
Listing Terms Cash, Conventional, Exchange
Listed by Anthony Hernandez • Executive Plus Realty