6-Unit Multifamily

Built in 1918, this 6 unit property has a mix of one (1) two-bedroom/one-bath unit, two (2) one-bedroom/one bath units, and three (3) non-conforming studio units. One of the studio units is gutted which gives a great opportunity for the new owner to renovate and maximize income. The property features five (5) parking garages and coin-operated laundry. The property is located in beautiful Uptown Whittier. Nearby amenities include restaurants and shopping stores on Greenleaf Ave., local dentist and doctors offices, as well as Ralph’s, Cardenas, and Smart & Final supermarkets. Located just minutes away is the 605 freeway which connects to the 5, 91, 405, 60, 10, and 210 freeways.

Listing courtesy of Kristopher German of ReMax Realty

Property Type: Multifamily
Building Size: 2,920 Sq. Ft.
Units: 6
Lot Size: 6,629 Sq. Ft.
Cap Rate: 4.23%
Price: $1,275,000
Price Per Sq Ft: $436.64
Address: 6511 Painter Avenue
City: Whittier
State: CA
Zip: 90601
Status: Closed
Year Built: 1918
Price Per Unit: $212,500
Parking: Garage
GRM: 14.81