858-525-5007

11506 Obert, Whittier CA 90604 | $3,550,000

  • 0 bedrooms
  • 0 bathrooms
  • 0 Sq Ft
  • 17225 Lot Sq Ft
  • Type: Commercial/Residential
  • Stories: 2
  • Year Built: 1962
  • MLS#: PW24141372
  • Community: 699 - Not Defined

Listing provided courtesy of Robert Stepp of Keller Williams - Santa Monica. Last updated 2024-11-29 09:11:24.000000. Listing information © 2024 SANDICOR.

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.

More Details

0.4 Acres
2 Stories

David Piper​

Call or Text: 858-525-5007

DRE# 02021985