Properties
Whittier, CA 90605 11904 Painter
$1,950,000
22 more
Presented By: Cherie Pondoff with Executive Plus Realty; 951-333-4663
Baths • 1
SQFT • 3,097
Garage • 3
Home Details
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 $160,000 in improvements have been made in the last 7 years. All units have their own washer/dryer hookups. 2 tenants are Section 8. This is a great opportunity! Hurry won't last long. Will not be delivered with vacant units. 3 are long term tenants.
Presented By: Cherie Pondoff with Executive Plus Realty; 951-333-4663
Interior Features for 11904 Painter
Other Interior Features
Air Conditioning Y/NNo
Common WallsNo Common Walls
Fireplace FeaturesNone
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesIn Garage, Outside
Total Stories1
Other Rooms
Entry Level1
General for 11904 Painter
Additional Parcels Y/NNo
Building Area UnitsSquare Feet
Cap Rate5.1
CityWhittier
Community FeaturesStreet Lights, Sidewalks
ContingencyNone
CoolingNone
CountyLos Angeles
Current FinancingNone
DirectionsOff of Carmelita rd. and Beaty
Entry LocationFront
Garage Spaces3
Garage Y/NYes
Gross Income125820
HOANo
HOA Fee$
HeatingNone
Insurance Expense3100
Land Lease Y/NNo
LevelsOne
Listing TermsCash, Conventional, Submit
Lot Size Square Feet29746
Lot Size UnitsSquare Feet
MLS Area670 - Whittier
Net Operating Income99744
New ConstructionNo
Number Of Units Total4
Number of Units Leased4
Operating Expense26076
Pool FeaturesNone
PossessionClose Of Escrow
PostalCityWHITTIER
Property Attached Y/NNo
Property Sub Type AdditionalQuadruplex
Property SubtypeQuadruplex
Property TypeResidential Income
Rent Control Y/NYes
RoofComposition
Senior Community Y/NNo
SewerPublic Sewer
Special Listing ConditionsStandard, Trust
Standard StatusActive
StatusActive
Stories Count1
Tax Lot23
Taxes$22,976
Tenant PaysAll Utilities, Electricity, Gas, Grounds Care
Total Actual Rent10485
Trash Expense0
Year Built1955
Year Built SourcePublic Records
Exterior for 11904 Painter
Building Area Total3097
FencingChain Link
Lot Features2-5 Units/Acre
Lot Size Acres0.6829
Lot Size Area29746
Lot Size SourceAssessor
Number of Buildings4
Number of Separate Electric Meters4
Number of Separate Gas Meters4
Number of Separate Water Meters4
Parking FeaturesDoor-Single, Garage
Private PoolNo
Total Parking3
Water SourcePublic
Additional Details
Price History
Schools
High School
Hubert H Humphrey Middle School
Middle School
N/A
Elementary School
Big Hollow Elementary School
