11904 Painter, Whittier, CA 90605
11904 Painter, Whittier, CA 90605
11904 Painter, Whittier, CA 90605
11904 Painter, Whittier, CA 90605
11904 Painter, Whittier, CA 90605
11904 Painter, Whittier, CA 90605
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Robert Cole

Robert Cole

+1(714) 253-3777
$ 1,885,000
Est. payment | /mo

0.68 Acres Lot

Save
$ 1,885,000
Est. payment | /mo
Save

0.68 Acres Lot

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID TR26013364

HOA Y/N No

Year Built 1955

Lot Size 0.683 Acres

Property Sub-Type Quadruplex

Property Description

4-PLEX OPPORTUNITY! Great Property! Gross Income $125,820, NOI $99,744 ! Starting cap rate is appx. 5.10% 4 INDIVIDUAL HOMES on almost 3/4 acre lot! Great Income Investment property with HUGE POTENTIAL to add ADU's! See attached link for pre-approved LA County ADU PLANS. Each home has their own backyard. 3 homes have a 1 car garage. Property has been well maintained and is a CASH COW. Total gross rents are $10,485/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 $160,000 in improvements have been made in the last 7 years. All units have their own washer/dryer hookups. 2 tenants are Section 8. This is a great opportunity! Hurry won't last long. Will not be delivered with vacant units. 3 are long term tenants. https://planning.lacounty.gov/planning-permits/accessory-dwelling-units/

Location

State CA

County Los Angeles

Area 670 - Whittier

Interior

Heating None

Cooling None

Fireplaces Type None

Fireplace No

Laundry In Garage, Outside

Exterior

Parking Features Door-Single, Garage

Garage Spaces 3.0

Garage Description 3.0

Fence Chain Link

Pool None

Community Features Street Lights, Sidewalks

Roof Type Composition

Total Parking Spaces 3

Private Pool No

Building

Lot Description 2-5 Units/Acre

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 8026023005

Acceptable Financing Cash, Conventional, Submit

Listing Terms Cash, Conventional, Submit

Special Listing Condition Standard, Trust

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Cherie Pondoff Executive Plus Realty 951-333-4663, DRE #01165416

NEARBY SCHOOLS & PROPERTIES

Robert Cole

“My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! ”

+1(714) 253-3777

rob@thecolegroup.co

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11904 Painter