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11550 Santa Gertrudes AVE Whittier, CA 90604
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Key Details
Sold Price $20,100,000
Property Type Condo
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
Square Footage 54,070 sqft
Price per Sqft $371
MLS Listing ID OC19069074
Sold Date 03/18/20
HOA Y/N No
Year Built 1971
Lot Size 2.520 Acres
Acres 2.52
Property Sub-Type Apartment
Property Description
Seville Apartments, a 77-unit multifamily investment property located in Whittier, California. Built in 1971, Seville Apartments offers investors the opportunity to capitalize on strong market trends that should increase rental income by approximately 15 percent. The property features a strong unit mix of one- and two-bedroom floor plans, of which 50 or more have been upgraded with granite countertops and plank flooring. Situated on a 2.52 acre lot, the property offers an attractive amenity package including gated carport parking, controlled access, on-site laundry, a stand alone rental office, a swimming pool, and a spacious courtyard featuring a pond, barbeques, and picnic area.
Location
State CA
County Los Angeles
Area 670 - Whittier
Zoning LCR330U*
Interior
Laundry Community
Exterior
Pool Community
Community Features Curbs, Sidewalks, Street Lights
Private Pool No
Building
Lot Description Landscaped
Story 2
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Special Listing Condition Standard
Lease Land No
Confidential INFO
BAC 1.0
TERMS 1031 Exchange,Cash,Cash To New Loan
LIST AGRMT Exclusive Right To Sell
LIST SERVICE Full Service
SHOW CONTACT TYPE Agent
SHOW INSTRUCTIONS Please contact the listing agent. Do not disturb the tenants.
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Bought with Marcus & Millichap RE Invest