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12302 Breezewood Drive

Whittier, CA 90604
  • $1,395,000
  • STATUS: CONTINGENT
  • ON SITE: 52 Days
  • ID#: SB22254542
Under Contract
UPDATED: 23 min ago
$1,395,000
  • 0
    BEDS
  • 0.19
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
County:

School Ratings & Info

Description

We are pleased to exclusively offer for sale this 4 unit multi-family investment located in East Whittier. This large 8,357 SF lot is strategically positioned in an extremely low inventory submarket where only (1) other multi-family property has sold within 1 mile of the subject property in the last (3) years. The building features an excellent unit mix of (4) 2 Bed/1.5 Bath townhouse style units for a total rentable square footage of 4,402. Each tenant has access to garage parking with (6) garage spaces in total. In addition, all (4) units have their own private patio and have access to a communal laundry room that generates an additional $80/mo. Further, there is an owners storage unit that can also be leveraged as additional income. Priced at a current 3.77% CAP Rate with an achievable rent upside of 60% and Market CAP Rate of 7.22%, this offering provides strong Day 1 income figures with the potential for future growth. We are pleased to exclusively offer for sale this 4 unit multi-family investment located in East Whittier. This large 8,357 SF lot is strategically positioned in an extremely low inventory submarket where only (1) other multi-family property has sold within 1 mile of the subject property in the last (3) years. The building features an excellent unit mix of (4) 2 Bed/1.5 Bath townhouse style units for a total rentable square footage of 4,402. Each tenant has access to garage parking with (6) garage spaces in total. In addition, all (4) units have their own private patio and have access to a communal laundry room that generates an additional $80/mo. Further, there is an owners storage unit that can also be leveraged as additional income. Priced at a current 3.77% CAP Rate with an achievable rent upside of 60% and Market CAP Rate of 7.22%, this offering provides strong Day 1 income figures with the potential for future growth.

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San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2023 San Diego MLS, Inc. Licensed in the state of California.
www.welcometosandiegorealestate.com/homes/135376743
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12302 Breezewood Drive Whittier, CA 90604

  • Price: $1,395,000
  • Status: CONTINGENT
  • On Site: 52 Days
  • Updated: 23 min ago
  • ID#: SB22254542
0
Beds
0
Baths
0
½ Baths
0.19
Acres
Neighborhood:
Whittier (90604)
County:
Los Angeles
Area:
Whittier (90604)
Property Description
We are pleased to exclusively offer for sale this 4 unit multi-family investment located in East Whittier. This large 8,357 SF lot is strategically positioned in an extremely low inventory submarket where only (1) other multi-family property has sold within 1 mile of the subject property in the last (3) years. The building features an excellent unit mix of (4) 2 Bed/1.5 Bath townhouse style units for a total rentable square footage of 4,402. Each tenant has access to garage parking with (6) garage spaces in total. In addition, all (4) units have their own private patio and have access to a communal laundry room that generates an additional $80/mo. Further, there is an owners storage unit that can also be leveraged as additional income. Priced at a current 3.77% CAP Rate with an achievable rent upside of 60% and Market CAP Rate of 7.22%, this offering provides strong Day 1 income figures with the potential for future growth. We are pleased to exclusively offer for sale this 4 unit multi-family investment located in East Whittier. This large 8,357 SF lot is strategically positioned in an extremely low inventory submarket where only (1) other multi-family property has sold within 1 mile of the subject property in the last (3) years. The building features an excellent unit mix of (4) 2 Bed/1.5 Bath townhouse style units for a total rentable square footage of 4,402. Each tenant has access to garage parking with (6) garage spaces in total. In addition, all (4) units have their own private patio and have access to a communal laundry room that generates an additional $80/mo. Further, there is an owners storage unit that can also be leveraged as additional income. Priced at a current 3.77% CAP Rate with an achievable rent upside of 60% and Market CAP Rate of 7.22%, this offering provides strong Day 1 income figures with the potential for future growth.
Exterior Features

Exterior Stucco Irrigation Sprinklers Pool N/K Site Sidewalks Spa N/K

Interior Features

Heat Source Electric Stories 2 Story

Property Features

Annual Expense Actual 25310 Assessments Yes/Remarks Buildings 1 Cfd Mello Roos Fee 15665.0 Cfd Mello Roos Fee Reflects Year Gross Scheduled Income Actual 81000 Monthly Total Fees 1305 Tenant Pays Electricity Terms Conventional Zoning Other

San Diego MLS logo Listing provided courtesy of Lyon Stahl Investment Real Estate, Inc.: [IDXCONTACTINFORMATION]. Listing information © 2023 San Diego MLS Inc. Source: CRMLS
San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2023 San Diego MLS, Inc. Licensed in the state of California.
 
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