Est. cap rate

3.1%

Assumed rent, all units

$8,800/mo

Units

4

Price per unit

$425,000

Est. annual NOI

$52,800

Expense assumption

50%

Estimates only, based on HUD Fair Market Rents (a conservative 40th percentile floor) and a standard 50% operating expense assumption. Not a guarantee of income or value. Ask Alex for a pro forma using comparable rent data.

Run your own numbers

Adjust the assumptions to see cash flow and cash on cash return.

Illustration only, using a 30 year loan and your assumptions above. Not a loan offer, financial advice, or a guarantee. Confirm financing and actual rents independently.

Property details

Type

Quadruplex

Bedrooms

4

Building size

4,931 sqft

Lot size

6,752 sqft

Year built

1985

Stories

2

Garage spaces

8

Cooling

Central Air

Pool

None

Status

Active

Days on market

0

MLS #

249382109

About this property

FOUR UNITS. TWELVE BEDROOMS. EIGHT BATHROOMS. EXCEPTIONAL INVESTMENT POTENTIAL! Coming to the market for this first time this is a rare opportunity to own a substantial four-unit multifamily property in desirable Whittier, California! Offering approximately 4,931 square feet of living space on a 6,752-square-foot lot, this impressive property features four residential units with a combined total of 12 bedrooms and 8 bathrooms. Even better, all four units are currently occupied, providing immediate rental income from day one! With existing rents below current market rates, this property presents an excellent opportunity for investors to increase cash flow and maximize future returns as rental rates are brought closer to market value. Whether you’re expanding an established investment portfolio or looking for a multifamily property with long-term income potential, this is an opportunity you won’t want to miss. Conveniently located near shopping, dining, schools, parks, and major transportation routes. FOUR INCOME-PRODUCING UNITS WITH BUILT-IN RENTAL UPSIDE! Properties offering this combination of size, occupancy, and income-growth potential are hard to find. Bring your investors and explore the possibilities!

Location

6345 Painter

Whittier, Los Angeles, CA, 90601