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13422 Camilla Street

Whittier, CA 90601
  • $5,095,000
  • STATUS: Active
  • ON SITE: 17 Days
  • ID#: OC22168938
UPDATED: 29 min ago
$5,095,000
  • 0
    BEDS
  • 0.23
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1962
County:

School Ratings & Info

Listing Agent(s): Brett Bayless of Brett Bayless, Broker (949-887-2465)


Description

We are pleased to present the opportunity to acquire Camilla Flats, a 17-unit multifamily community located in a premier rental location of Uptown Whittier, California. Built in 1962, the property is comprised of a unit mix of three-bedroom, two-bedroom, one-bedroom, & studio floorplans ranging from 1,222 to 450 square feet. Camilla Flats is well located just off Painter Avenue approximately 2-blocks north of Whittier College, and is walking distance to schools, hiking trails, parks, as well as the Greenleaf Avenue and its numerous shops and restaurants. The property also enjoys easy access to 605 Freeway, which connects residents to the employment, retail, education, and entertainment centers found throughout the San Gabriel Valley and the entire Southern California region. A new investor will benefit from the a well located asset and significant upside in income to achieve a year one Cap Rate of approximately 4.8%.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2022-08-19T12:34:09.423. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Massa & Associates Real Estate Group | eXp California Realty Inc. Licensed in the State of California, USA.
www.itsyourmovesandiego.com/homes/131489951
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13422 Camilla Street Whittier, CA 90601

  • Price: $5,095,000
  • Status: Active
  • On Site: 17 Days
  • Updated: 29 min ago
  • ID#: OC22168938
0
Beds
0
Baths
0
½ Baths
0.23
Acres
1962
Built
Neighborhood:
670 - Whittier
County:
Los Angeles
Area:
670 - Whittier
Property Description
We are pleased to present the opportunity to acquire Camilla Flats, a 17-unit multifamily community located in a premier rental location of Uptown Whittier, California. Built in 1962, the property is comprised of a unit mix of three-bedroom, two-bedroom, one-bedroom, & studio floorplans ranging from 1,222 to 450 square feet. Camilla Flats is well located just off Painter Avenue approximately 2-blocks north of Whittier College, and is walking distance to schools, hiking trails, parks, as well as the Greenleaf Avenue and its numerous shops and restaurants. The property also enjoys easy access to 605 Freeway, which connects residents to the employment, retail, education, and entertainment centers found throughout the San Gabriel Valley and the entire Southern California region. A new investor will benefit from the a well located asset and significant upside in income to achieve a year one Cap Rate of approximately 4.8%.
Exterior Features

Lot Features Rectangular Lot Number Of Separate Electric Meters 18 Parking Total 1 Pool Features None Pool Private YN No Property Attached YN No

Interior Features

Common Walls No Common Walls Heating Radiant Heating YN Yes

Property Features

Additional Parcels YN No Common Interest None Community Features Sidewalks Electric Expense 0 Fuel Expense 0 Garage YN Yes Gross Income 314592 Gross Scheduled Income 314592 Insurance Expense 0 Land Lease YN No Laundry Features Common Area Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Cash To New Loan Net Operating Income 206639 New Construction YN No Number Of Separate Gas Meters 18 Number Of Separate Water Meters 1 Operating Expense 106442 Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Trash Expense 0 Water Sewer Expense 0 Water Source Public Zoning Whr4*



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-08-19T12:34:09.423. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Massa & Associates Real Estate Group | eXp California Realty Inc. Licensed in the State of California, USA.
 
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Massa & Associates Real Estate Group | eXp California Realty Inc
848 Prospect St
La Jolla CA, 92037
Listing Agent(s): Brett Bayless of Brett Bayless, Broker (949-887-2465)