10729 SHIRE Place, Whittier, CA 90601

$1,995,000
List Price
$1,995,000
Status
PENDING
MLS#
18363374
Year Built
1959
Lot Size
10,735
Days on Market
48
Property Type
Multifamily

Property Description

We are offering an opportunity to own 7 spacious apartments with stable and growing rents, close to shopping centers, transportation hubs, and freeways in Whittier. The Shire Place Apartments are located on a cul-de-sac and consist of (4) 1 bed, 1 bath units, (2) 2 bed, 1 bath units, and a very large 2 bed (1 bed permitted), 2 bath custom owner's unit. The building was completely renovated in 2005 and a new roof was put on in 2014. Whittier College and Rio Hondo Community College proximity make this a great student housing opportunity. Costs are low and rents are low with upside value opportunity. Rents can be brought up to market now to add an additional $10,000 annual income. Units 3 and 4 are the only two on a year lease until March 2019. All other units are month to month.

Additional Information

Association Amenities
Other
Lot Description
Gated Community, Smoke Detector
Appliances
Garbage Disposal, Refrigerator, Dishwasher
View
None

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Ryan Law from SHAPE

Based on information from California Regional Multiple Listing Service, Inc. as of . 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.