$1,320,000 6511 Painter Avenue Whittier, CA

MLS: CV21067959   Type: Pending   County: Los Angeles   City: Whittier   Zip: 90601     Stories: 2

Mortgage $6,197 /mo



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We are pleased to offer for sale this six-unit multi-family investment located in "Uptown" Whittier. Attractively priced at a current 5.25% current CAP Rate, and 13.6 GRM, this investment opportunity offers a new investor an above market rate of return. The subject property is comprised of 2 separate structures with a unit mix of 1(2Bed/1Bath), 2 (1Bed/1Bath)s, and 3 Studio units. Seller has recently updated several of the interiors. Each unit is separately metered for electricity and gas, and the tenants enjoy onsite garage parking.

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Price History

4/1/2021 Listed $1,320,000

Additional Parcels Y/N No
Community Features Curbs, Gutter(s), Sidewalks
Garage Spaces 5
Garage Y/N Yes
Land Lease Y/N No
Levels Two
MLS Area 670 - Whittier
Pool Features None
Private Pool No
Property Attached Y/N Yes
Property Type Residential Income
Senior Community Y/N No
Sewer Public Sewer
Terms Cash, Cash to New Loan
Total Actual Rent 8050
Total Units 6
Water Sewer Expense 1740
Zoning WHC0UD*

Interior Features

Common Walls 2+ Common Walls
Laundry Features None

Exterior Features

Lot Features 6-10 Units/Acre
Lot Size Acres 0.15
Lot Size Area 6629
Lot Size Source Assessor
Lot Size Square Feet 6629
Lot Size Units Square Feet
Number of Buildings 2
Number of Separate Electric Meters 6
Number of Separate Gas Meters 6
Number of Separate Water Meters 1
Total Parking 5
Water Source Public

Property Schools

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Property vs Zip Code Avg (90601)

Price 1.32M Avg 586K

Acres 0.15 Avg 0.9

Visits 8 Avg 63

Days on Site 21 Avg 103

Walkscore® 88 Avg 47

Data Provided by Walkscore ® not using MLS data

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Listing Provided Courtesy Of: KRISTOPHER GERMAN with RE/MAX 2000.

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Location & Address

Jackson Mosley - DRE#01128579
Corporate Office Location: 2603 Camino Ramon Suite 200
San Ramon, CA