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11904 Painter, Whittier, CA 90605
Priced at Only: $2,295,000
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Address: 11904 Painter, Whittier, CA 90605
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  • MLS#: TR26013364 ( Quadruplex )
  • Street Address: 11904 Painter
  • Viewed: 3
  • Price: $2,295,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1955
  • Bldg sqft: 0
  • Days On Market: 14
  • Additional Information
  • County: LOS ANGELES
  • City: Whittier
  • Zipcode: 90605
  • Provided by: Executive Plus Realty
  • Contact: Cherie Cherie
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    4 PLEX OPPORTUNITY! Net income $96,120!! 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.4.25% ! 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 $10,485/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.
Features
Assessments
  1. Unknown
Association Fee
  1. 0.00
Building Area Total
  1. 3097.00
Commoninterest
  1. None
Common Walls
  1. No Common Walls
Cooling
  1. None
Country
  1. US
Days On Market
  1. 13
Current Financing
  1. None
Entry Location
  1. Front
Fencing
  1. Chain Link
Fireplace Features
  1. None
Garage Spaces
  1. 3.00
Heating
  1. None
Insurance Expense
  1. 3200.00
Laundry Features
  1. In Garage
  2. Outside
Levels
  1. One
Lockboxtype
  1. None
Lot Features
  1. 2-5 Units/Acre
  2. Lot 20000-39999 Sqft
Netoperatingincome
  1. 96120.00
Newtaxesexpense
  1. 25200.00
Otherexpense
  1. 1300.00
Parcel Number
  1. 8026023005
Parking Features
  1. Garage - Single Door
Pool Features
  1. None
Property Type
  1. Quadruplex
Road Frontage Type
  1. Access Road
Roof
  1. Composition
Sewer
  1. Public Sewer
Sourcesystemid
  1. CRM
Sourcesystemkey
  1. 454961350:CRM
Tenant Pays
  1. All Utilities
  2. Electricity
  3. Grounds Care
  4. Gas
Totalactualrent
  1. 10485.00
Totalexpenses
  1. 29700.00
Trash Expense
  1. 0.00
Water Source
  1. Public
Year Built
  1. 1955
Year Built Source
  1. Public Records
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Headshot for Associate Xavier Gomez
  1. Xavier Gomez, BrkrAssc,CDPE
  2. RE/MAX College Park Realty
  3. BRE 01736488
  4. Fax: 714.975.9953
  5. Mobile: 714.478.6676
  6. salesbyxavier@gmail.com
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