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7336 Pickering Ave 6 Unit Apartment Building $1,615,000 ($269,167/Unit) 5.62% Cap Rate Whittier, CA 90602
INVESTMENT HIGHLIGHTS
- Desirable Uptown Whittier Location
- Upgraded Units with Granite Countertops & Vinyl Wood Floors
- Turnkey Building with New Exterior Paint, Dual Pane Windows, & Individual Meters
- Approximate 6% Cap Rate on Current Income
PROPERTY FACTS
| Price | $1,615,000 | Apartment Style | Low-Rise |
| Price Per Unit | $269,167 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.16 AC |
| Cap Rate | 5.62% | Building Size | 3,119 SF |
| Gross Rent Multiplier | 12.23 | No. Stories | 2 |
| No. Units | 6 | Year Built | 1958 |
| Property Type | Multifamily | Parking Ratio | 1.92/1,000 SF |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Zoning | WHR4* - Whittier high density residential uses | ||
| Price | $1,615,000 |
| Price Per Unit | $269,167 |
| Sale Type | Investment |
| Cap Rate | 5.62% |
| Gross Rent Multiplier | 12.23 |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.16 AC |
| Building Size | 3,119 SF |
| No. Stories | 2 |
| Year Built | 1958 |
| Parking Ratio | 1.92/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | WHR4* - Whittier high density residential uses |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 6 | $1,800 | 520 |
1 1
Walk Score®
Walker's Paradise (91)
Bike Score®
Very Bikeable (71)
PROPERTY TAXES
| Parcel Number | 8141-005-020 | Improvements Assessment | $608,325 |
| Land Assessment | $744,712 | Total Assessment | $1,353,037 |
PROPERTY TAXES
Parcel Number
8141-005-020
Land Assessment
$744,712
Improvements Assessment
$608,325
Total Assessment
$1,353,037
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7336 Pickering Ave
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