Whittier, CA 90604,11550 Santa Gertrudes AVE
$20,100,000
$21,500,000
6.5%
Est.Price: ?

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54,070 SqFt

11550 Santa Gertrudes AVE Whittier, CA 90604

Est. payment /mo
SOLD DATE : 03/18/2020

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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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CRMLS Plus
Listed by Marcus & Millichap RE Invest
Bought with Marcus & Millichap RE Invest
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agent

Mark Witte

Agent | License ID: 02102425

+1(949) 269-7270

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