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    8921 La Puebla Avenue

    Whittier, CA 90605
    • $2,150,000
    • STATUS: Active Under Contract
    • ON SITE: 72 days
    • ID#: PW20127942
    Under Contract
    UPDATED: 26 min ago
    $2,150,000
    • 0
      BEDS
    • 0.2
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 5,282
      SQFT
    • $407
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1959
    County:

    School Ratings & Info

    Description

    LOCATION, LOCATION, LOCATION! Don+GGt miss +GG rare opportunity, 1st time on the market in over 40 years! Property borders the upscale residential neighborhood of Friendly Hills, located north of Whittier Blvd. This 9 unit building has an excellent unit mix of 2 two bedroom units, 6 one bedroom units, and 1 studio unit. Low maintenance building. Super easy to rent. Super low vacancy. Walking distance to Ralph+GGs, Trader Joe+GGs, Starbucks, and much more! Many very long-term, high quality tenants with rents below market, gives a large potential for upside in rents +GG see proforma numbers. The all electric units are separately metered and each has its own water heater, carport with storage, window A/C unit, and refrigerator. There is also ample street parking. Money-making coin laundry on site. No rent control other than the statewide one.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-09-20T22:25:35.59. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Better Homes and Gardens Real Estate Vogler Feigen. Licensed in the State of California, USA.

    www.sonyathebroker.com/homes/107655878
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    8921 La Puebla Avenue Whittier, CA 90605

    • Price: $2,150,000
    • Status: Active Under Contract
    • Updated: 26 min ago
    • ID#: PW20127942
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.2
    Acres
    5,282
    SQFT
    $407
    $/SQFT
    1959
    Built
    Neighborhood:
    670 - Whittier
    County:
    Los Angeles
    Area:
    670 - Whittier
    Property Description
    LOCATION, LOCATION, LOCATION! Don+GGt miss +GG rare opportunity, 1st time on the market in over 40 years! Property borders the upscale residential neighborhood of Friendly Hills, located north of Whittier Blvd. This 9 unit building has an excellent unit mix of 2 two bedroom units, 6 one bedroom units, and 1 studio unit. Low maintenance building. Super easy to rent. Super low vacancy. Walking distance to Ralph+GGs, Trader Joe+GGs, Starbucks, and much more! Many very long-term, high quality tenants with rents below market, gives a large potential for upside in rents +GG see proforma numbers. The all electric units are separately metered and each has its own water heater, carport with storage, window A/C unit, and refrigerator. There is also ample street parking. Money-making coin laundry on site. No rent control other than the statewide one.
    Exterior Features

    Architectural Style Traditional Carport Spaces 9.00 Construction Materials Stucco Direction Faces East Exterior Features LightingRain Gutters Foundation Details Slab Garage Spaces 0.00 Lot Features Front YardLandscapedLawnLevel With StreetLot 6500-9999Rectangular LotLevelNear Public TransitSprinkler SystemSprinklers In FrontSprinklers TimerUtilities - Overhead Lot Size Dimensions 64.5X130 Lot Size Source Assessor Lot Size Units Square Feet Parking Features AssignedBuilt-In StorageCarportDrivewayAsphaltDriveway LevelShared Driveway Parking Total 9.00 Parking YN Yes Pool Features None Pool Private YN No Property Attached YN No Road Frontage Type City Street Road Surface Type MaintainedPaved Roof Composition Spa Features None Spa YN No Uncovered Spaces 0.00 View None View YN No

    Interior Features

    Appliances Electric OvenElectric CooktopElectric Water HeaterDisposalRange HoodRefrigeratorWater Heater Appliances YN Yes Average Studio Area 408 Average Studio Area Units Square Feet Average1 Bed Area 548 Average1 Bed Area Units Square Feet Average2 Bed Area 792 Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls No Common Walls Cooling Wall/Window Unit(S) Cooling YN Yes Fireplace Features None Fireplace YN No Flooring CarpetVinyl Heating Wall FurnaceElectric Heating YN Yes Interior Features Copper Plumbing FullTile CountersUnfurnished Laundry Features CommunityDryer IncludedIn CarportWasher HookupWasher Included Levels Two Room Type KitchenLiving RoomMain Floor Master Bedroom Window Features Blinds

    Property Features

    Accessibility Features None Additional Parcels YN No Association Fee 0.00 Association YN No Building Area Units Square Feet Cap Rate 3.76 Community Features CurbsSuburban Country Us Electric Electricity - On Property Electric Expense 1236.00 Elevation Units Feet Exclusions N/A Fuel Expense 0.00 Garage Income 0.00 Garage Rental Rate 0.00 Gardener Expense 720.00 Gross Income 2400.00 Gross Multiplier 16.81 Gross Operating Income 126665.00 Gross Scheduled Income 127920.00 Gross Spendable Income 126665.00 Inclusions 9 Refrigerators9 Window Ac UnitsAnd 1 Coin Operated Washer And Dryer Insurance Expense 5694.00 Land Lease YN No Laundry Equipment Own Lease Own Laundry Income 2400.00 Laundry YN Yes Licenses Expense 261.00 Lot Dimensions Source Assessor Maintenance Expense 6874.00 Net Operating Income 80903.00 New Construction YN No New Taxes Expense 26581.00 Number Of Separate Electric Meters 10 Number Of Separate Gas Meters 0 Number Of Separate Water Meters 1 Number Wall AC 9 Number With Carpet 9 Number With Range 9 Number With Refrigerator 9 Operating Expense 45762.00 Operating Expense Percent 35.77 Other Income1 0.00 Other Income2 0.00 Professional Management Expense 0.00 Rent Control YN Yes Security Features Smoke Detector(S) Senior Community YN No Sewer Public SewerSewer Paid Special Listing Conditions Standard Tenant Pays Cable TvElectricityTelephone Total Expenses 45762.00 Trash Expense 2090.00 Utilities Cable AvailableElectricity ConnectedPhone AvailableSewer ConnectedWater Connected Vacancy Allowance 1255 Vacancy Allowance Rate 1.00 Water Sewer Expense 2306.00 Water Source Public Year Built Source Assessor Zoning Whr4*

    Listing provided courtesy of Thomas Santoro of Crane Real Estate and Nathan Allen of


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-09-20T22:25:35.59. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Better Homes and Gardens Real Estate Vogler Feigen. Licensed in the State of California, USA.

     
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