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    14316 Christine Drive

    Whittier, CA 90605
    • $1,495,000
    • STATUS: Active
    • ON SITE: 7 days
    • ID#: PW21159232
    $1,495,000
    • 0
      BEDS
    • 0.21
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1955
    County:

    School Ratings & Info

    Description

    We are pleased to present a 6-unit apartment building located in Whittier, California. Built in 1955, the subject property consists of 3,397 rentable square feet spread throughout a 9,204 square foot lot. The buildings consist of a total of four 1-bedroom / 1-bathroom units and two 2-bedroom / 1-bathroom units. It has a pitched roof and contains eight parking spots. Owners enjoy the high demand for rentals in a city in Southern California. Tenants enjoy living in the Michigan Park neighborhood where there are many shops, restaurants, cafes, entertainment venues and grocery stores. The city of Whittier continues to progress forward and is currently experiencing major redevelopment. The city is currently evaluating a proposed plan that would allow for the potential development in the city of more than 6,000 new housing units over the next 25 years. Whittier sustains its ability to attract renters due to its strong economy and quality of life.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-07-27T16:48:48.38. 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 The Parsons Team | Keller Williams Realty. Licensed in the State of California, USA.
    www.theparsonsrealestateteam.com/homes/119517328
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    14316 Christine Drive Whittier, CA 90605

    • Price: $1,495,000
    • Status: Active
    • ID#: PW21159232
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.21
    Acres
    1955
    Built
    Neighborhood:
    670 - Whittier
    County:
    Los Angeles
    Area:
    670 - Whittier
    Property Description
    We are pleased to present a 6-unit apartment building located in Whittier, California. Built in 1955, the subject property consists of 3,397 rentable square feet spread throughout a 9,204 square foot lot. The buildings consist of a total of four 1-bedroom / 1-bathroom units and two 2-bedroom / 1-bathroom units. It has a pitched roof and contains eight parking spots. Owners enjoy the high demand for rentals in a city in Southern California. Tenants enjoy living in the Michigan Park neighborhood where there are many shops, restaurants, cafes, entertainment venues and grocery stores. The city of Whittier continues to progress forward and is currently experiencing major redevelopment. The city is currently evaluating a proposed plan that would allow for the potential development in the city of more than 6,000 new housing units over the next 25 years. Whittier sustains its ability to attract renters due to its strong economy and quality of life.
    Exterior Features

    Lot Features 6-10 Units/Acre Number Of Separate Electric Meters 6 Parking Total 0 Pool Features None Pool Private YN No Property Attached YN Yes

    Interior Features

    Common Walls 2+ Common Walls

    Property Features

    Additional Parcels YN No Common Interest None Community Features CurbsSidewalks Contingency Buyer Must Assume Existing Financing Current Financing Assumable Electric Expense 1076 Fuel Expense 1076 Garage YN No Gross Income 90338 Gross Scheduled Income 93132 Insurance Expense 1851 Land Lease YN No Laundry Features None Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Cash Maintenance Expense 3175 Net Operating Income 54612 New Construction YN No New Taxes Expense 18688 Number Of Separate Gas Meters 6 Number Of Separate Water Meters 1 Operating Expense 35726 Other Expense 1200 Pest Control Expense 190 Rent Control YN No Senior Community YN No Sewer Septic Type UnknownUnknown Special Listing Conditions Standard Total Actual Rent 7761 Trash Expense 1076 Water Sewer Expense 1076 Water Source Public Zoning Whr4*

    Listing provided courtesy of Kevin King of Marcus & Millichap


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-07-27T16:48:48.38. 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 The Parsons Team | Keller Williams Realty. Licensed in the State of California, USA.
     
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    The Parsons Team | Keller Williams Realty
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    Pasadena CA, 91101