12413 Breezewood Drive, Whittier, CA 90604

$1,625,000

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List Price
$1,625,000
Status
ACTIVE
MLS#
IG26156554
Year Built
1963
Lot Size
8,176
Acres
0.19
Lot Location
0-1 Unit/Acre
Days on Market
9
Property Type
Multifamily
Property Sub Type
Quadruplex
Stories
Two Levels

Property Description

Don't miss this exceptional opportunity to own a beautifully maintained four-unit quadplex nestled in one of Whittier's most sought-after and rapidly up-and-coming neighborhoods. Lovingly cared for by the same owner for many years, this property truly reflects true pride of ownership, boasting a newer roof, fresh paint throughout, and meticulous upkeep that gives it an undeniable turnkey feel. Each of the four units is occupied by long-term, reliable tenants, offering investors immediate stability, while current rents sitting comfortably under market value present a fantastic value-add opportunity to boost cash flow right from day one. Adding to the income potential, the property features a convenient coin-operated laundry facility, generating extra passive revenue, along with an impressive five garage parking spaces, a rare and highly desirable amenity that tenants love. A whole-property water softener system adds an extra layer of quality and comfort that sets this property apart from typical multifamily offerings. Ideally situated in a charming and rapidly transforming pocket of Whittier, residents enjoy easy access to a growing collection of trendy new restaurants and boutique shops springing up throughout the neighborhood, making this an increasingly desirable location for tenants and future buyers alike. Whether you're a seasoned investor looking to expand your portfolio or searching for a stable, income-producing asset with genuine upside potential, this rare offering combines charm, income, and location in one exceptional package. Please see supplements for market rent anaysis/proposed cap rate. There are no rent increase restrictions.

Additional Information

Taxes
$7,594
Pool Description
None
Fireplace Description
See Remarks
Heat
Central
Cooling
Yes
Cooling Description
Wall/Window Unit(s)
View
None
Roof
Shingle
Garage Spaces Total
5
Sewer
Public Sewer
Water
Public
Attached Structure
Attached
Number Of Units Total
4
Gross Scheduled Income
$104,160
Operating Expense
20912

Listing courtesy of Listing Agent: Kevin Calbert (kev4success@yahoo.com) from Listing Office: Kevin Calbert, Broker.

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.