6-Unit Multifamily

The Two-Story 6 Units Well Maintained Apartment Building in An Excellent and High Demand Rental Desirable Neighborhood with Low Vacancy Rate in the City of Whittier (Next to Hacienda Heights, La Habra, Pico Rivera. Close to Whittier City College. Building Inside Total 4,876 Sq.ft. Newer Paint on the Building. Newer Windows and Most of the Units have been Renovated. 2 Units are All Two Bedrooms with One Bath at Monthly Rent of $1,650. And 4 Units are One Bedroom with One Baths at Monthly Rent $1,650, Currently, 2 Vacant units of One Bedroom with One Bath have been Renovated for New Buyer to Rent for Higher Rent. Individually Laundry Room. Tenants pay for Their Own Gas & Electricity Bills Thru the Individual Meters. Annual Gross Schedule Income Approx. $ 118,800 ( Current Actual Gross Income $ 79,200), Pro Forma Annual Gross Income Approx. $ 127,116. Annual Expense $ 33,594 which includes Property Tax, Insurance, Gardener, Electricity in Common Area, Water, Trash and Management Fee. Annual Schedule Net Operating Income Approx. $ 85,206. Separate On-Site Washer or Dryer. 6 Cars Garages Parking Spaces in the Back of the Building. Close to Freeway 605 and 60, Shopping Centers, Restaurants & Parks. Tenants with a “Month-To-Month” Lease Which Provides An Investor the Opportunity to Adjust the Rent in the future. Great investment opportunity For The Investor to Keep as a Long Term Investment.

Listing courtesy of Teresa Wang of Century 21 Realty