SOLD
$1,465,000
Date 12/14/2023

12314 Breezewood Drive
Whittier, CA 90604

Fourplex
Residence
4,402
Sqft
0.1895
Lot Size
Listing Agent: Keaton Quaack CalDRE: 02172607 - Lyon Stahl Investment Real Estate, Inc.
We are pleased to exclusively offer for sale this 4 unit multi-family investment located in East Whittier. This large 8,254 SF lot is strategically positioned in an extremely low inventory submarket where only (2) other multi-family properties have sold within 1 mile of the subject property in the last (3) years. The building features an excellent unit mix of (4) 2 Bed/1.5 Bath townhouse style units for a total rentable square footage of 4,402. Each tenant has access to garage parking with (6) garage spaces in total. Alternatively, the garages provide a natural option as potential ADUs for investors looking to increase their cash flow. In addition, (3) units have their own private patio with the fourth unit that has its own backyard. On top of this, all units have access to a communal laundry room that generates an additional $80/mo. Priced at a current 4.57% CAP Rate with an achievable rent upside of 30% and a Market CAP Rate of 6.60%, this offering provides strong Day 1 income figures with the potential for future growth
SB23204043
Fourplex, 2 Story
Los Angeles
1963
0.1895 Acres
Public,Private
2
Private Sewer
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Listing Agent: Keaton Quaack CalDRE: 02172607 - Lyon Stahl Investment Real Estate, Inc.
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