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Listing 15 out of 101
$1,045,000 Pending

11013 Inez Street
Whittier, CA 90605

3 units | Multi Family Home
21401 sq ft - MLS# 18406732
Property Photo
1/9

Description

We are offering an opportunity to own 3 detached single family homes on a nearly 1/2 acre lot with stable and growing rents, next to Candlewood Country Club and close to Biola University, shopping centers, transportation hubs, and freeways in Whittier. This investment property has been owned by the same family for over 50 years and consists of a 2 bed, 2 bath house with 3 additional dens. (approx. 1,364 sf), a 2 bed, 1 bath house (approx. 904 sf) and another 2 bed, 1 bath house (approx. 904 sf). The front and middle homes have remodeled kitchens, bathrooms and floors and there have been multiple other improvements throughout the years. Costs are low and rents are low with upside value opportunity. Proforma rents can add $12,600 per year in income. Walking distance to Target, In-N-Out, LA Fitness, and various restaurants.

Features

  • Property Type: Multi Family Home
  • Sub Type: Multi Family Home
  • Listing Status: Pending
  • Zip Code: 90605
  • Year Built: 1928
  • Units: 3 units
  • Fireplace: Gas, Yes
  • Lot Size: 21401 sq ft
  • Zoning: LCA1*
  • Area: 678 - N. Whittier
  • Appliances: Refrigerator
  • Appliances YN: Yes
  • Building Area Total: 3172.00
  • Cap Rate: 5.00
  • Directions: Lakeland Rd and Inez St.
  • Flooring: Carpet, Vinyl
  • Gross Multiplier: 13.50
  • Gross Operating Income: 75078.00
  • Improvements Amount: 224083
  • Insurance Expense: 1501.00
  • Land Value: 118405
  • Listing Agent License: 01489577
  • Listing Office License: 01489577
  • Lot Dimensions: 67x322
  • Lot Size Area: 21399.0000
  • Lot Size Source: Assessor
  • Lot Size Units: Square Feet
  • MLS: CL
  • Maintenance Expense: 2825.00
  • Net Operating Income: 51817.00
  • Number Of Buildings: 3
  • Parking Features: Garage - Single Door, Carport Detached
  • Parking YN: Yes
  • Room Type: Den
  • Security Features: Smoke Detector
  • Stories Total: 1
  • Total Expenses: 23261.00
  • Water Sewer Expense: 3472.00
Courtesy of Shape, Ryan Law

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CalDRE #00752761
Whittier, California
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