11506 Obert Avenue

    Whittier, CA 90604
    • $3,530,000
    • STATUS: Active
    • ON SITE: 340 days
    • ID#: OC18289789
    UPDATED: 93 min ago
    $3,530,000
    • 0
      BEDS
    • 0.4
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 12,233
      SQFT
    • $289
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1962
    County:

    School Ratings & Info

    Description

    The Obert Arms is a 14-unit multifamily investment property located at 11506 Obert Avenue in Whittier, one of the premier housing markets in Southern California. Built in 1962, The Obert Arms consists of 4, one-bedroom units and 10, two-bedroom units and offers amenities including carport parking and on-site laundry.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-11-17T00:28:38.107. 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 Team Tami | Palm Realty Boutique. Licensed in the State of California, USA.
    www.playavistaliving.com/homes/90022162

    11506 Obert Avenue Whittier, CA 90604

    • Price: $3,530,000
    • Status: Active
    • Updated: 93 min ago
    • ID#: OC18289789
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.4
    Acres
    12,233
    SQFT
    $289
    $/SQFT
    1962
    Built
    Neighborhood:
    670 - Whittier
    County:
    Los Angeles
    Area:
    670 - Whittier
    Property Description
    The Obert Arms is a 14-unit multifamily investment property located at 11506 Obert Avenue in Whittier, one of the premier housing markets in Southern California. Built in 1962, The Obert Arms consists of 4, one-bedroom units and 10, two-bedroom units and offers amenities including carport parking and on-site laundry.
    Exterior Features

    Carport Spaces 14.00 Garage Spaces 0.00 Lot Features Landscaped Lot Size Source Assessor Lot Size Units Acres Parking Total 14.00 Pool Features None Pool Private YN No Property Attached 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 No Common Walls Laundry Features Community

    Property Features

    Additional Parcels YN No Association Fee 0.00 Association YN No Building Area Units Square Feet Community Features SidewalksStreet Lights Country Us Electric Expense 2666.00 Elevation Units Feet Fuel Expense 2666.00 Gross Income 248060.00 Gross Operating Income 240673.00 Gross Scheduled Income 248060.00 Insurance Expense 3637.00 Land Lease YN No Laundry YN Yes Maintenance Expense 7000.00 Net Operating Income 155130.00 New Construction YN No New Taxes Expense 43632.00 Number Of Separate Electric Meters 0 Number Of Separate Gas Meters 0 Number Of Separate Water Meters 0 Number Of Units Leased 14 Operating Expense 85543.00 Other Expense 10980.00 Other Expense Description Other Professional Management Expense 9627.00 Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Total Actual Rent 20520.00 Total Expenses 85543.00 Trash Expense 2666.00 Vacancy Allowance Rate 3.00 Water Sewer Expense 2666.00 Water Source Public Year Built Source Assessor Zoning Lcr3*

    Listing provided courtesy of Tyler Leeson of Marcus & Millichap Re Invest


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-11-17T00:28:38.107. 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 Team Tami | Palm Realty Boutique. Licensed in the State of California, USA.
     
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