$1,260,000
$1,300,000
3.1%For more information regarding the value of a property, please contact us for a free consultation.
13508 & 13510 Mar Vista ST Whittier, CA 90602
0.31 Acres Lot
Key Details
Sold Price $1,260,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PW21038943
Sold Date 05/12/21
Construction Status Turnkey
HOA Y/N No
Year Built 1949
Tax Year 2021
Lot Size 0.310 Acres
Acres 0.31
Property Description
Don’t miss this rare opportunity, 1st time on the market in over 40 years! Property is located north of Whittier Blvd., near the acclaimed Whittier College. This 4 unit property consists of a triplex plus a stand-alone single family home on an enormous 13,495 square foot lot. The house has 2 bedrooms with a huge enclosed, shaded and fenced backyard, as well as a covered front porch overlooking the front yard (perfect for owner occupant)! The triplex has 2 one bedroom units and 1 two bedroom unit. Units have many cottage style features and accents, including hardwood floors. These highly desired units are super easy to rent when the rare vacancy does come up. Property is walking distance to Whittier College, Whittier Public Library, Whittier Community Center, as well as the center of town, Uptown Whittier with its numerous eateries and businesses. Long-term, high quality tenants with rents below market, give potential for upside in rents – see proforma numbers. Units are separately metered, each with its own water heater, refrigerator, gas stove, garbage disposal, ceiling fans, window a/c units. Each unit has its own washer, dryer, and sink basin, as well as its own enclosed single garage with a parking space in front of the garage. Front porches feature a locking screen door and each unit also has rear door entry with rear garden area. There are also 3 extra parking spaces on site plus street parking. Market Gross Rent Multiplier is 13.9, Market Cap Rate is 5.4%.
Location
State CA
County Los Angeles
Area 670 - Whittier
Zoning WHR4*
Rooms
Ensuite Laundry Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup, Inside, Laundry Room, See Remarks
Interior
Interior Features Unfurnished, All Bedrooms Down
Laundry Location Washer Hookup,Electric Dryer Hookup,Gas Dryer Hookup,Inside,Laundry Room,See Remarks
Heating Floor Furnace, Natural Gas, Wall Furnace
Cooling Wall/Window Unit(s)
Flooring Vinyl, Wood
Fireplaces Type None
Fireplace No
Appliance Gas Oven, Gas Range, Gas Water Heater, Refrigerator, Dryer, Washer
Laundry Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup, Inside, Laundry Room, See Remarks
Exterior
Garage Concrete, Driveway Down Slope From Street, Driveway, Paved, Garage Faces Side
Garage Spaces 4.0
Garage Description 4.0
Fence Block, Chain Link
Pool None
Community Features Curbs, Street Lights, Suburban, Sidewalks, Park
Utilities Available Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
View Y/N No
View None
Roof Type Composition
Parking Type Concrete, Driveway Down Slope From Street, Driveway, Paved, Garage Faces Side
Total Parking Spaces 11
Private Pool No
Building
Lot Description Back Yard, Near Park, Near Public Transit, Rectangular Lot
Faces North
Story 1
Entry Level One
Foundation Raised
Sewer Public Sewer, Sewer Tap Paid
Water Public
Architectural Style Cottage
Level or Stories One
New Construction No
Construction Status Turnkey
Others
Senior Community No
Tax ID 8142007061
Security Features Carbon Monoxide Detector(s),Smoke Detector(s)
Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange, Fannie Mae
Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange, Fannie Mae
Financing Conventional
Special Listing Condition Trust
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Bought with Julian Gomez • Century 21 Allstars