Property Details
About this Property
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.
MLS Listing Information
MLS #
CRPW24141372
MLS Source
California Regional MLS
Days on Site
130
Interior Features
Laundry
Community Facility
Parking, School, and Other Information
Garage/Parking
Garage: 0 Car(s)
Contact Information
Listing Agent
Robert Stepp
Keller Williams - Santa Monica
License #: 01456379
Phone: (310) 774-3740
Co-Listing Agent
Alex Figueroa
License #: 01173239
Phone: (714) 757-3822
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | – | – |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
11506 Obert Ave is a Residential Income in Whittier, CA 90604. This – square foot property sits on a – Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $3,550,000 and was built in 1962. This address can also be written as 11506 Obert Ave, Whittier, CA 90604.
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This listing information is up-to-date as of November 04, 2024. For the most current information, please contact Robert Stepp, (310) 774-3740
