$3,550,000
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11506 Obert Avenue Whittier, CA 90604
Mixed Use
Residence
Beds
Baths
12,233
Sq. Ft.
0.4
Acre
Lot
Property Activity
Time on Site
days
Days on Market
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The Obert Arms Apartments is a 14-unit apartment asset situated at 11506 Obert Avenue in Whittier, California. The property presents a new buyer with ±18% rental upside potential, with a 7.09% cap rate at market rents. New financing is available at 5.65%. The property spans a 17,225-square-foot lot ...and includes (10) 2BD/1BA units, and (4) 1BD/1BA units. Some of the units feature spacious second-story patios. The building has been updated with new windows throughout. Residents enjoy ample parking with 16 total spaces and the convenience of onsite laundry facilities, which also present an opportunity for additional income. Located in the desirable, quiet residential neighborhood of Whittier, 11506 Obert Avenue offers small-town charm with easy access to the Greater Los Angeles and Orange County.
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MLS#
PW24141372
Property Type
Mixed Use
Status
Year Built
1962
Square Feet
12,233
sq. ft
Lot Size
0.4
Sewer
Public Sewer
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