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13423 Olive Drive
USD 1,395,000
房產編號: SB23148269
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13423 Olive Drive ,90601
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icon 5788 SqFt
icon Built in 1903
icon USD 241/SqFt
icon 0 Bed
icon 0 Full
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位置 街景
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室內細節
臥室
0
浴室
0
室內面積
2670
建築細節
物業類型 --
房屋狀況 --
建築風格 --
新建房產 --
建造年份 1903
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此房屋詳細介紹
We are pleased to exclusively offer for sale this 4 Unit Multi-Family investment located in the unique 90601 submarket of Whittier. This 5,788 SF lot is steps away from Whittier College and strategically positioned near Uptown Whittier. Within the last (3) years there have been only 5 other 4-Unit properties sold within a half mile. In addition to the building’s excellent location, one of the features is a completely remodeled unit upstairs that will be delivered VACANT at the close of escrow. The building has been outfitted with copper plumbing and new electrical throughout and (2) of the units are equipped with tankless water heaters while the vacant unit features a brand new mini split system. Further, (2) additional units have been upgraded totaling 3 remodeled units. Along these lines, the property presents itself as an excellent Owner User opportunity for Buyer(s) looking to live in one of the units while utilizing the income from the other (3) to offset their annual debt service. As it stands, the offering presents strong day 1 income with a current CAP Rate of 4.61% and future upside with a pro forma CAP Rate of 6.41%. In addition, the tenants have access to a back lot equaling at least (4) Total Parking Spaces on site, which is especially significant in this parking impacted submarket. On top of this, there is a large back yard that is ideally suited for an ADU for investors looking to increase their annual Cash Flow. All in all, the building’s close proximity to Whittier College, Uptown Whittier, etc. and the vast dining, shopping, and entertainment options therein provides much optimism for continued rent growth and appreciation within the submarket in both the near and distant future, as housing demand and economic stability are two of the main drivers in investment real estate.
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聯繫開發/經紀人
Cissy Tang
電話: (+1)626 9868**** icon
請輸入您的國籍
+87
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電子郵件地址無效 電子郵件地址未驗證!
聯繫開發/經紀人
icon
Cissy Tang
(+1)626 9868**** icon
請輸入您的國籍
+87
不能為空
電子郵件地址無效 電子郵件地址未驗證!
Cissy Tang
(+1)626 9868**** icon
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13423 Olive Drive
USD 1,395,000 0 Beds
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