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Teresa Arana
Teresa Arana
Re Max Innovate
Bellflower, CA 90706

562-569-1499
Contact Me

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Listing 8 out of 278
$2,100,000 For Sale

5807 Greenleaf Avenue
Whittier, CA 90601

8 units | Multi Family Home
7000 sq ft - MLS# 19443926
Property Photo
1/12

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!

Features

  • Property Type: Multi Family Home
  • Sub Type: Multi Family Home
  • Listing Status: Active
  • Zip Code: 90601
  • Year Built: 1959
  • Units: 8 units
  • Lot Size: 7000 sq ft
  • Zoning: WHR4*
  • Area: 678 - N. Whittier
  • Building Area Total: 5534.00
  • Cap Rate: 4.20
  • Co-Listing Agent License: 01233927
  • Co-Listing Office License: 01508014
  • Directions: North of Beverly Boulevard.
  • Gross Multiplier: 14.60
  • Gross Operating Income: 143760.00
  • Improvements Amount: 330365
  • Land Value: 67649
  • Listing Agent License: 01462598
  • Listing Office License: 01508014
  • Lot Size Area: 7001.0000
  • Lot Size Source: Assessor
  • Lot Size Units: Square Feet
  • MLS: CL
  • Net Operating Income: 87512.00
  • Number Of Buildings: 1
  • Parking Features: Carport
  • Parking YN: Yes
  • Stories Total: 2
  • Total Expenses: 51935.00
Courtesy of Remax Commercial And Investmen, Nicholas Petrosian



Teresa Arana | 562-569-1499 | Contact Me
16536 Bellflower Blvd - Bellflower, CA 90706
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