Description

We are pleased to present the Sargent Fourplex, located in the City of Whittier. This well-maintained property features an even mix of one- and two- bedroom units with amenities that include gas cooking, wall air conditioning, gas wall heaters, individual gas and electric meters, and individual water heaters. The property is conveniently located just minutes from Whittier Boulevard, a major thoroughfare offering close proximity to retail, dining, and local services. Strong parking amenities include four garages in addition to open parking spaces, enhancing tenant appeal and retention. The Sargent Fourplex has undergone significant capital improvements, including new electrical panels, a new roof, and new garage doors. Half of the units have been renovated with vinyl flooring and dual-pane windows, providing a solid foundation for future rental growth with limited deferred maintenance. With major improvements already in place, the Sargent Fourplex represents a stable, low-maintenance investment opportunity and a strong addition to any investor’s portfolio, offering a 5.5% cap rate on market rents and long-term income growth in a desirable rental submarket.