$1,850,000
$1,880,000
1.6%For more information regarding the value of a property, please contact us for a free consultation.
8360 Sargent AVE Whittier, CA 90605
4,876 SqFt
Key Details
Sold Price $1,850,000
Property Type Condo
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
Square Footage 4,876 sqft
Price per Sqft $379
MLS Listing ID TR21172510
Sold Date 10/15/21
HOA Y/N No
Year Built 1955
Lot Size 6,599 Sqft
Acres 0.1515
Property Description
*Great Location in the City of Whittier. 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 Bath at a Monthly Rent $1,650, Currently, Only One unit of One Bedroom with One Bath has been Renovated for New Buyer but Not Rent out for the Buyer to Collect Higher Rent. Individual Laundry Room. Tenants pay for Their Own Gas & Electricity Bills Thru 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 Car Garage 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.
Location
State CA
County Los Angeles
Area 670 - Whittier
Rooms
Ensuite Laundry Laundry Room
Interior
Laundry Location Laundry Room
Fireplace No
Laundry Laundry Room
Exterior
Garage On Street
Garage Spaces 6.0
Garage Description 6.0
Pool None
Community Features Sidewalks
Parking Type On Street
Total Parking Spaces 6
Private Pool No
Building
Lot Description Flag Lot
Story Two
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 8143001003
Energy Description 235.0
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Financing Cash to New Loan
Special Listing Condition Standard
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Frank Anguiano • Coldwell Banker Alliance