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11314 La Mirada Blvd 12 Unit Apartment Building $4,185,000 ($348,750/Unit) 5.52% Cap Rate Whittier, CA 90604
EXECUTIVE SUMMARY
Original owners, 12 unit Apartment property built in +/-1986. All units have central air and heat. Good parking - 10 two car garages - 2 single carports - 3 guest parking spaces. Great Unit Mix - (2) 1 bedroom 1 bath, (4) 2 bedrooms 1 bath, (2) 3 bedrooms 1 bath and(4) 3 bedrooms 2 baths. 100% occupied. Low maintenance complex. Laundry room with landlord owned equipment. Roof replaced +/-4 years ago. 6 units redone 4 to 5 years ago. The location offers excellent connectivity to major freeways and public transportation, making commutes and travel convenient.
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- Market Information
PROPERTY FACTS
| Price | $4,185,000 | Apartment Style | Low-Rise |
| Price Per Unit | $348,750 | Building Class | B |
| Sale Type | Investment | Lot Size | 0.42 AC |
| Cap Rate | 5.52% | Building Size | 10,762 SF |
| Gross Rent Multiplier | 13.88 | Average Occupancy | 100% |
| No. Units | 12 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1985 |
| Property Subtype | Apartment | Parking Ratio | 2.32/1,000 SF |
| Zoning | CH, L.A. County | ||
| Price | $4,185,000 |
| Price Per Unit | $348,750 |
| Sale Type | Investment |
| Cap Rate | 5.52% |
| Gross Rent Multiplier | 13.88 |
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.42 AC |
| Building Size | 10,762 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1985 |
| Parking Ratio | 2.32/1,000 SF |
| Zoning | CH, L.A. County |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 2 | - | 680 |
| 2+1 | 4 | - | 803 |
| 3+1 | 2 | - | 980 |
| 3+2 | 4 | - | 989 - 1,001 |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $573,776 | |
| Land Assessment | $299,384 | Total Assessment | $873,160 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$299,384
Improvements Assessment
$573,776
Total Assessment
$873,160
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11314 La Mirada Blvd
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