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    10849 Carmenita Road

    Whittier, CA 90605
    • $1,100,000
    • STATUS: CONTINGENT
    • ON SITE: 23 days
    • ID#: 302990623
    Under Contract
    UPDATED: 60 min ago
    $1,100,000
    • 10
      BEDS
    • 0.34
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    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 t 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 offerings appeal in todays market. In final, Whittiers 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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    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2021 San Diego MLS, Inc. Licensed in the state of California.
    www.triolorealty.com/homes/112919634
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    10849 Carmenita Road Whittier, CA 90605

    • Price: $1,100,000
    • Status: CONTINGENT
    • Updated: 60 min ago
    • ID#: 302990623
    10
    Beds
    0
    Baths
    0
    ½ Baths
    0.34
    Acres
    Neighborhood:
    Whittier (90605)
    County:
    Los Angeles
    Area:
    Whittier (90605)
    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 t 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 offerings appeal in todays market. In final, Whittiers 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

    Fencing N/K Pool N/K Site CurbsSidewalks Spa N/K

    Interior Features

    Cooling N/K Heat Equipment Floor Furnace Stories 1 Story Total Baths Unit1 1 Total Baths Unit2 2 Total Baths Unit3 2 Total Baths Unit4 1

    Property Features

    Actual Cap Rate 4.93 Annual Expense Actual 20120 Buildings 4 Gross Rent Multiplier Actual 14.06 Gross Scheduled Income Actual 78240 Home Owners Fees 0.0 Terms CashConventionalFhaLand Contract Unit Number For Unit1 1 Unit Number For Unit2 2 Unit Number For Unit3 3 Unit Number4 4 Unit1 Rent Actual 1810.0 Unit2 Rent Actual 1460.0 Unit3 Rent Actual 1860.0 Unit4 Rent Actual 1390.0 Zoning Assessor

    Listing provided courtesy of Lyon Stahl Investment Real Estate, Inc.. Listing information © 2021 San Diego MLS Inc. Source: CRMLS
    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2021 San Diego MLS, Inc. Licensed in the state of California.
     
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    Keller Williams - Triolo Realty Group
    12780 High Bluff Drive, Suite 130
    San Diego CA, 92130