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790 Ferrari Ln

Ontario, CA 91764

1 909 294 2593

kris@theapartmentdealer.com

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12 Units in Whittier

11741 Colima Rd, Whittier, CA 90604, USA
Sold for$3,570,000$297,500/Per Unit

Description

Transaction Details

  • Record-Breaking Sales Price for the City of Whittier
  • Sold for $3,570,000 ($297,500 per unit)
  • 1031-Exchange Purchase
  • Closed Seamlessly with New Financing In Place
  • Rental Increases Negotiated as Part of the Purchase Contract Terms

Property Description

  • (2) 2-Bed/1.5 Bath Townhouses, (2) 2-Bed/1.5-Bath, (4) 2-Bed/1-Bath & (4) 1-Bed/1-Bath Units
  • 1978 Construction
  • Onsite Carport Parking & Two Laundry Facilities
  • 8 of the 12 Units Remodeled
  • Newer Roof & Concrete Patios
  • Address: 11741 Colima Rd
  • City: Whittier
  • State/county: California
  • Zip/Postal Code: 90604
  • Country: United States

Detail

Updated on April 17, 2018 at 9:55 am

  • Price: Sold for $3,570,000
  • Property Size: 9896 SqFt
  • Land Area: 19533 SqFt
  • Year Built: 1978
  • Property Type: Multi Family
  • Property Status: Just Sold, Sold

Additional details

  • # of Units: 12
  • Unit Mix: 2 (2+1.5 Townhomes), 2 (2+1.5), 4 (2+1), 4 (1+1)
  • Zoning: LCR330U*
  • Cap Rate: 4.09%
  • GRM: 16.38
  • We Representated: Seller/Buyer
  • Close of Escrow: 4/11/18

WalkScore

walkscore69 / Somewhat Walkable more details here

Contact info

Kristopher German
Kristopher German
(909) 294-2593(909) 645-0443

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