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12923 BARTON Road, Whittier, CA 90605

Commercial property · 2 recorded sales since 2014

$965,000Sold April 2015

Listing Agent: William Allen (DRE #01240136) · Listing Office: Queen City Realty · Contact: 562-881-2771 · Bought with: Jean Huang · Emerald 2000 Group · MLS #CC330629 · Source: CRMLS

4,548
Building Sq Ft
5
Units
4.65%
Cap Rate
$45,948
NOI
43,212 sqft
Lot Size
1957
Year Built
Commercial property
Type

About this commercial property

This is an opportunity to own a large piece of land that has not been on the market in 50 years. It contains 5 houses on one large lot, behind the houses is vacant land that comes with the sale. The Seller once had plans to build two more houses on that land. The Seller is willing to entertain the idea of carrying paper on this deal... not all the paper, but a good portion. These homes are in need of some TLC, but once that`s done there is a lot of upside in the rents. This property is in a good area, and for someone with a vision could be a screamer..

Listing description from the April 2015 sale, as reported to CRMLS.

Sale history

$965,000
Sold April 2015 · listed $987,500, on market October 2013 · MLS #CC330629 · Source: CRMLS
Listing Agent: William Allen · Listing Office: Queen City Realty · Contact: 562-881-2771 · Bought with: Jean Huang · Emerald 2000 Group
$930,000
Sold February 2014 · listed $987,500, on market October 2013 · MLS #PW13215243 · Source: CRMLS
Listing Agent: William Allen · Listing Office: Queen City Realty · Contact: 562-881-2771 · Bought with: Yuen Lam · Long Coast Realty
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