10071 Carmenita Road, Whittier, CA 90605
Property · 2 recorded sales since 2020
Sold April 2022
Listing Agent: Anthony Walker (DRE #01908153) · Listing Office: Buckingham Investments, Inc · Contact: 310 982-7055 · Bought with: Anthony Walker · Buckingham Investments, Inc · MLS #SB22025899 · Source: CRMLS
8,477 sqft
Lot Size
1960
Year Built
Property
Type
0
Garage
About this property
Huge 6-unit apartment building in South Whittier on an oversized lot priced below replacement cost at only $268 per square foot. Perfect unit mix with all large two bedroom, one bathroom units. Very well parked with carport for 6 cars plus 6 additional parking spaces. Enormous 102% upside in rents to a cap rate of 6.5% and a GRM of 9.8X on market rents. Rare opportunity for a true value add in a great location.
Listing description from the April 2022 sale, as reported to CRMLS.
Sale history
$1,365,000
Sold April 2022 · listed $1,425,000, on market February 2022 · MLS #SB22025899 · Source: CRMLS
Listing Agent: Anthony Walker · Listing Office: Buckingham Investments, Inc · Contact: 310 982-7055 · Bought with: Anthony Walker · Buckingham Investments, Inc
$1,165,000
Sold July 2020 · listed $1,250,000, on market May 2020 · MLS #CV20082716 · Source: CRMLS
Listing Agent: KRISTOPHER GERMAN · Listing Office: RE/MAX 2000 · Contact: 909-948-2988 · Bought with: Anthony Walker · Buckingham Investments, Inc