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12314 Breezewood Drive, Whittier, CA 90604

Fourplex

12314 Breezewood Drive, Whittier, CA 90604 Sold December 2023 CRMLS
$1,465,000Sold December 2023

Listing Agent: Keaton Quaack (DRE #02172607) · Listing Office: Lyon Stahl Investment Real Estate, Inc. · Contact: 310-425-9838 · Bought with: BertaLuchi Balcazar · Coldwell Banker Alliance · MLS #SB23204043 · Source: CRMLS

8,256 sqft
Lot Size
1963
Year Built
Fourplex
Type
2
Stories
6
Garage
WallFurnace
Heating
Courtyard, Neighborhood
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About this fourplex

We are pleased to exclusively offer for sale this 4 unit multi-family investment located in East Whittier. This large 8,254 SF lot is strategically positioned in an extremely low inventory submarket where only (2) other multi-family properties have sold within 1 mile of the subject property in the last (3) years. The building features an excellent unit mix of (4) 2 Bed/1.5 Bath townhouse style units for a total rentable square footage of 4,402. Each tenant has access to garage parking with (6) garage spaces in total. Alternatively, the garages provide a natural option as potential ADUs for investors looking to increase their cash flow. In addition, (3) units have their own private patio with the fourth unit that has it’s own backyard. On top of this, all units have access to a communal laundry room that generates an additional $80/mo. Priced at a current 4.57% CAP Rate with an achievable rent upside of 30% and a Market CAP Rate of 6.60%, this offering provides strong Day 1 income figures with the potential for future growth

Listing description from the December 2023 sale, as reported to CRMLS.

Sale history

$1,465,000
Sold December 2023 · listed $1,495,000, on market October 2023 · MLS #SB23204043 · Source: CRMLS
Listing Agent: Keaton Quaack · Listing Office: Lyon Stahl Investment Real Estate, Inc. · Contact: 310-425-9838 · Bought with: BertaLuchi Balcazar · Coldwell Banker Alliance
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