Description
Pleased to present Twin Palms, a 16-unit apartment community located in Whittier, CA (unincorporated). The building offers 1-bedrooms (12) & large 2-bedroom units (4) each with A/C wall units, ceiling fans, laminate wood floors (some units), and gas cooking. The property features a leased laundry facility, a combination of carport & open parking, a partially new roof, individual gas and electric meters, and copper plumbing. This value-add deal presents the opportunity for an investor to achieve a 5.3% cap rate on market rents.
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0BEDS
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0.42ACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Description
Pleased to present Twin Palms, a 16-unit apartment community located in Whittier, CA (unincorporated). The building offers 1-bedrooms (12) & large 2-bedroom units (4) each with A/C wall units, ceiling fans, laminate wood floors (some units), and gas cooking. The property features a leased laundry facility, a combination of carport & open parking, a partially new roof, individual gas and electric meters, and copper plumbing. This value-add deal presents the opportunity for an investor to achieve a 5.3% cap rate on market rents.
Based on information from California Regional Multiple Listing Service, Inc. as of 2022-05-20T00:31:21.923. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Houston Team | Compass CA DRE#01991628. Licensed in the State of California, USA.