8-Unit Multifamily

13942 Coteau Dr is an eight-unit multifamily property located in the City of Whittier, California. The property has a solid unit mix of 100% two-bedroom units. The roof is newer and there is an on-site laundry room for tenants. There is tuck-under parking and the covered parking has storage lockers. The property is separately metered for gas and electricity. This property is in a good central Whittier location right near major retail, educational, and employment opportunities. The property is also in close proximity to the I-5 Freeway, which allows tenants to connect with the greater California region and beyond. This offering provides an investor the opportunity to acquire a well-maintained apartment community with exceptional value-add upside in a premier location within the city.

Listing Courtesy of Mark Bridge of Cushman & Wakefield

Property Type: Multifamily
Building Size: 6,128 Sq. Ft.
Units: 8
Lot Size: 10,019 Sq. Ft.
Cap Rate: 4.02%
Price: $2,390,000
Price Per Sq Ft: $390.00
Address: 13942 Coteau
City: Whittier
State: CA
Zip: 90604
Status: Closed
Year Built: 1973
Price Per Unit: $298,750
Parking: Carport
GRM: 15.38