11904 Painter, Whittier, CA 90605
Bedrooms: 0
Bathrooms: 0
Area: 0 SqFt.
4-PLEX OPPORTUNITY! Great Property! Gross Income $125,820, NOI $99,744 ! Starting cap rate is appx. 5.10% 4 INDIVIDUAL HOMES on almost 3/4 acre lot! Great Income Investment property with HUGE POTENTIAL to add ADU's! See attached link for pre-approved LA County ADU PLANS. Each home has their own backyard. 3 homes have a 1 car garage. Property has been well maintained and is a CASH COW. Total gross rents are $10,485/month. Each home features 2 bedrooms/1 bath. All units have been upgraded. All have newer kitchens, bathrooms, windows, flooring, wall heater, electrical panels, newer garage doors. All units are individually metered for all utilities. Tenants pay all utilities, water, trash, gas, electricity. Over $160,000 in improvements have been made in the last 7 years. All units have their own washer/dryer hookups. 2 tenants are Section 8. This is a great opportunity! Hurry won't last long. Will not be delivered with vacant units. 3 are long term tenants.
CA DRE #01870580
6965 El Camino Real 105-690, Carlsbad CA 92009
877.692.8427



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