Address
8360 Sargent Avenue Whittier, CA
Price
$ 1,880,000
Property Attributes
  • MLS#TR21076949
  • TypeIncome
  • CountyLOS ANGELES
  • CityWhittier
  • AreaWhittier
  • Zip90605
  • StyleApartment
  • Price$ 1,880,000
  • Bedrooms8
  • Full Bathrooms6
  • Half Bathrooms0
  • Sqr Footage4876
  • Lot Size6,598 SqFt
Listing Provided Courtesy Of:
Sheng Wang with Century 21 Care.
Data Source:
CRMLS
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 units of One Bedroom with One Bath has been Renovated for New Buyer but Not Rent out for 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. *Please Drive-By Only and DO NOT Enter the Building or Disturb Any Tenants*

Price History
4/13/2021 Listed $1,880,000

General Features

Community Features Sidewalks
Cooling None
Garage Spaces 6
Garage Y/N Yes
Heating Wall Furnace
Levels Two
Listing Agent Sheng Wang - BRE#01772547
Listing Agent State License 01772547
MLS Area 670 - Whittier
Pool Features None
Property Sub Type Additional Apartment
Property SubType Apartment
Property Type Residential Income
Sewer Public Sewer
Special Listing Conditions Standard
Status Active
Stories 2
Terms Cash, Cash to Existing Loan
Total Actual Rent 8095
Total Units 6
Water Sewer Expense 2012

Interior Features

Common Walls No Common Walls
Fireplace Features None
Heating Y/N Yes
Laundry Features Common Area

Exterior Features

Lot Features Flag Lot
Lot Size Acres 0.15
Lot Size Area 6598
Lot Size Source Assessor
Lot Size Square Feet 6598
Lot Size Units Square Feet
Number of Buildings 1
Number of Separate Electric Meters 7
Number of Separate Gas Meters 7
Number of Separate Water Meters 1
Total Parking 6
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Income Average in 90605

Price
AVG $1.5M
$1.88M
Visits
AVG 21
45
Year Built
AVG 1946
1955
Walkscore
AVG 61
45
Data Provided by Walkscore ® not using MLS data

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