5807 Greenleaf Avenue

    Whittier, CA 90601
    • $2,100,000
    • STATUS: Active Under Contract
    • ON SITE: 185 days
    • ID#: 19443926
    Under Contract
    UPDATED: 22 min ago
    $2,100,000
    • 0
      BEDS
    • 0.16
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 5,534
      SQFT
    • $379
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1959
    County:

    School Ratings & Info

    Description

    The subject location (North Uptown Whittier) reflects some of the strongest rents in all of the Mid-Cities / South East sub-markets. This prized asset sits in a prime A+ Whittier location - Situated at the top of the hill on Greenleaf Avenue (nearby SFR's selling between $750,000 - $1,100,000). The city of Whittier is located in the eastern section of Los Angeles County. The subject property's location offers tenants quick access to the 605 Freeway, and is within a 20-mile radius from the areas major employment hubs in Los Angeles and Orange Counties. This investment represents a tremendous opportunity for an investor to acquire a property in a truly pride of ownership location, renovate, and further increase income. The city of Whittier at large is a solid infill location, known for it's high occupancy, stable rent growth, and strong tenant base; positioned to remain en excellent multi-family housing market for years to come!

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-09-16T08:26:59.693. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Allison James Estates and Homes. Licensed in the State of California, USA.
    www.teamforss.com/homes/92695155

    5807 Greenleaf Avenue Whittier, CA 90601

    • Price: $2,100,000
    • Status: Active Under Contract
    • Updated: 22 min ago
    • ID#: 19443926
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.16
    Acres
    5,534
    SQFT
    $379
    $/SQFT
    1959
    Built
    Neighborhood:
    678 - N. Whittier
    County:
    Los Angeles
    Area:
    678 - N. Whittier
    Property Description
    The subject location (North Uptown Whittier) reflects some of the strongest rents in all of the Mid-Cities / South East sub-markets. This prized asset sits in a prime A+ Whittier location - Situated at the top of the hill on Greenleaf Avenue (nearby SFR's selling between $750,000 - $1,100,000). The city of Whittier is located in the eastern section of Los Angeles County. The subject property's location offers tenants quick access to the 605 Freeway, and is within a 20-mile radius from the areas major employment hubs in Los Angeles and Orange Counties. This investment represents a tremendous opportunity for an investor to acquire a property in a truly pride of ownership location, renovate, and further increase income. The city of Whittier at large is a solid infill location, known for it's high occupancy, stable rent growth, and strong tenant base; positioned to remain en excellent multi-family housing market for years to come!
    Exterior Features

    Lot Size Source Assessor Lot Size Units Square Feet Parking Features Carport Parking YN Yes

    Interior Features

    Appliances None Appliances YN No Cooling None Cooling YN No Laundry Features None

    Property Features

    Cap Rate 4.20 Gross Multiplier 14.60 Gross Operating Income 143760.00 Improvements Amount 330365 Land Value 67649 Laundry YN No Net Operating Income 87512.00 Special Listing Conditions Standard Total Expenses 51935.00 Zoning Whr4*

    Listing provided courtesy of Nicholas Petrosian of Remax Commercial And Investmen and Juan Cardenas of Remax Commercial And Investmen


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-09-16T08:26:59.693. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Allison James Estates and Homes. Licensed in the State of California, USA.
     
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