11904 Painter Avenue

Whittier, CA 90605
$1,995,000
0.68 acres | #SW25002106
Courtesy of Executive Plus Realty

Description

4-PLEX OPPORTUNITY! 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. $4.64%! 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 $10,050/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 $150,000 in improvements have been made in the last 7 years. All units have their own washer/dryer hookups. 1 tenant is Section 8. This is a great opportunity! Hurry won't last long. Will not be delivered with vacant unit(s).

  • Property Details
      • Interior:Unfurnished, AllBedroomsDown
      • Stories:1
      • Acres:0.6829
      • Parking spaces:3
      • Property type:Multi-Family
      • Year built:1955
      • Sewer information:PublicSewer
      • Utility source:Public
      • Utility features:SewerConnected
      • County:Los Angeles
      • Original List Price:$1, 995, 000
      • MLS #:SW25002106
      • Cost:1995000
      • Property subtype:Quadruplex
      • MLS #:SW25002106

Location

Move Fast Move Now with John Reyes & Margie KossmanMove Fast Move Now with John Reyes & Margie Kossman
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
$0.00
Loan Amount
$0.00