7906 Painter Avenue, Whittier, CA 90602
Property · 2 recorded sales since 2018
Sold April 2021
Listing Agent: KEN MAZANIANS (DRE #01162745) · Listing Office: REALTY ONE GROUP MASTERS · Contact: 626-650-0370 · Bought with: General NONMEMBER · NONMEMBER MRML · MLS #CV21025950 · Source: CRMLS
About this property
Wow, 5 cap plus cash flowing property in HOT East LA County market for a 4-plex !!, Prime uptown Whittier location, huge lot, 4 bungalow units all with enclosed garages and 4 car ports. Total of 8 parking spaces... Rents are way below market, Unit 1 is 1/1 rents for $1320, market is $1550, has front yard and back door and patio, garage and car port. Unit 2 is 1/1, rents for $1425, market is $1550, has back door and patio, garage and car port. Unit 3 is 2/1, rents for $1750, market is $1800, has a very large side yard and back door and patio, garage and car port. Unit 4 is 2/1, rents for $1635, market is $1800, has a very large balcony, garage and car port. Shared Laundry. With 5 cap plus and with today's super low interest rates start achieving tremendous cash flow. Easy to manage. Market GRM is 12.1 !! Market Cap 5.6 !!
Listing description from the April 2021 sale, as reported to CRMLS.
Sale history
