A solid opportunity to acquire a fully occupied 3 unit property in a quiet neighborhood in the city of Whittier. This 3 on a lot totals 1,428 SF in size with (3) spacious 1 bedroom 1 bathroom units, each with laundry hookups inside, attached single car garages, and private patio areas. Sitting on a wide corner lot totaling 3,360 SF, the entire property spans corner to alley with over 70’ footage and zoned R4. There is potential to add value by converting the garages to create 2 bedroom units and maximize rents in the future. Well located in Whittier in high rental demand market near tons of retailers & restaurants, Whittier College, and close to 605 freeway access. This won’t last long! ACTUAL 5.5% CAP RATE. 13.1 GRM!
Listing courtesy of Listing Agent: Brian Noh (brian@nohco.com) from Listing Office: Nohco Real Estate.
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