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    10849 Carmenita Road

    Whittier, CA 90605
    • $1,100,000
    • STATUS: Active Under Contract
    • ON SITE: 26 days
    • ID#: SB20263861
    Under Contract
    UPDATED: 10 min ago
    $1,100,000
    • 0
      BEDS
    • 0.34
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,583
      SQFT
    • $426
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1924
    County:

    School Ratings & Info

    Description

    We are pleased to present 10849 Carmenita Rd. This Quadruplex consists of (4) Free Standing Homes and represents an Outstanding Unit Mix of (1) 3 Bed/2 Bath, (1) 3 Bed/1 Bath, (1) 2 Bed/2 Bath, and (1) 2 Bed/1 Bath Unit. This offering is an Incredible Investment Opportunity as it sits on a Massive 14,706 Sq Ft Lot with the inherent potential of adding at least (3) Accessory Dwelling Units. With the Strong In-Place Rents and each unit being Separately Metered for Gas & Electricity, the property is poised to provide any and all investors with Stabilized Income from Day 1. Moreover, this offering represents an Excellent Owner/User Opportunity for the Savvy Home Buyer looking to move into one unit and rent out the others. To that end, the Record Low Residential Interest Rates further elevates this offering+GGs appeal in today+GGs market. In final, Whittier+GGs Population has consistently grown around 1.25% each Census Year and is projecting Continued Growth in both the Immediate and Long Term Forecasts. This property can be sold in conjunction to the Adjacent Duplex located at 10845 Carmenita Rd (MLS #SB20263748)

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-01-26T00:26:59.913. 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 Doherty Real Estate Group | eXp Realty of California, Inc.. Licensed in the State of California, USA.

    www.bestorangecountyhomesearch.com/homes/112919794
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    10849 Carmenita Road Whittier, CA 90605

    • Price: $1,100,000
    • Status: Active Under Contract
    • Updated: 10 min ago
    • ID#: SB20263861
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.34
    Acres
    2,583
    SQFT
    $426
    $/SQFT
    1924
    Built
    Neighborhood:
    670 - Whittier
    County:
    Los Angeles
    Area:
    670 - Whittier
    Property Description
    We are pleased to present 10849 Carmenita Rd. This Quadruplex consists of (4) Free Standing Homes and represents an Outstanding Unit Mix of (1) 3 Bed/2 Bath, (1) 3 Bed/1 Bath, (1) 2 Bed/2 Bath, and (1) 2 Bed/1 Bath Unit. This offering is an Incredible Investment Opportunity as it sits on a Massive 14,706 Sq Ft Lot with the inherent potential of adding at least (3) Accessory Dwelling Units. With the Strong In-Place Rents and each unit being Separately Metered for Gas & Electricity, the property is poised to provide any and all investors with Stabilized Income from Day 1. Moreover, this offering represents an Excellent Owner/User Opportunity for the Savvy Home Buyer looking to move into one unit and rent out the others. To that end, the Record Low Residential Interest Rates further elevates this offering+GGs appeal in today+GGs market. In final, Whittier+GGs Population has consistently grown around 1.25% each Census Year and is projecting Continued Growth in both the Immediate and Long Term Forecasts. This property can be sold in conjunction to the Adjacent Duplex located at 10845 Carmenita Rd (MLS #SB20263748)
    Exterior Features

    Carport Spaces 4.00 Direction Faces Southwest Fence YN No Fencing None Foundation Details Raised Garage Spaces 0.00 Lot Features 0-1 Unit/AcreFront Yard Lot Size Source Assessor Lot Size Units Square Feet Parking Total 8.00 Pool Features None Pool Private YN No Property Attached YN Yes Roof None Spa Features None Spa YN No Uncovered Spaces 4.00 View None View YN No

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls 1 Common Wall Cooling None Cooling YN No Fireplace Features None Fireplace YN No Flooring CarpetLaminate Heating Floor Furnace Heating YN Yes Laundry Features Gas Dryer HookupWasher Hookup Levels One

    Property Features

    Accessibility Features None Additional Parcels YN No Association Fee 0.00 Association YN No Building Area Units Square Feet Cap Rate 4.93 Community Features CurbsSidewalksStreet Lights Country Us Electric Expense 0.00 Elevation Units Feet Fuel Expense 0.00 Gross Income 6529.00 Gross Multiplier 14.06 Gross Operating Income 74328.00 Gross Scheduled Income 78240.00 Insurance Expense 966.00 Land Lease YN No Laundry YN Yes Maintenance Expense 2347.00 Maintenance Percent 3.00 Net Operating Income 54208.00 New Construction YN No New Taxes Expense 12487.00 Number Of Separate Electric Meters 4 Number Of Separate Gas Meters 4 Number Of Separate Water Meters 1 Number Of Units Leased 4 Operating Expense 20120.00 Property Sub Type Quadruplex Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Total Actual Rent 6520.00 Total Expenses 20120.00 Trash Expense 720.00 Vacancy Allowance Rate 5.00 Water Sewer Expense 3600.00 Water Source Public Year Built Source Assessor Zoning Lca1*

    Listing provided courtesy of Joshua Barut of Lyon Stahl Investment Real Estate, Inc. and Evelyn Baez Gonzalez of Lyon Stahl Investment Real Estate, Inc.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-01-26T00:26:59.913. 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 Doherty Real Estate Group | eXp Realty of California, Inc.. Licensed in the State of California, USA.

     
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    Doherty Real Estate Group | eXp Realty of California, Inc.
    27101 Puerta Real
    Mission Viejo CA, 92691