Description

Four-unit residential income property in Whittier with approximately 4,770 square feet of building area. Built in 1963, the unit mix is one 3-bedroom/2-bath unit and three 2-bedroom/1-bath units, totaling 9 bedrooms and 5 bathrooms. All units furnished. Common walls vary by unit: some have one, others two or more. Owner-provided October 2026 corrected rents total $6,559/month ($78,708 annualized). Shared owner-owned laundry has estimated income of $150/month. Unit 1 has a two-car garage; Units 24 share a three-space carport. Additional concrete parking pads reported by owner; capacity unverified. Pro forma rents equal current rents with no increase assumed. Financial analysis uses current scheduled rents plus estimated laundry income and 2025 owner-reported cash expenses of $25,407, excluding depreciation. Water/sewer is an estimated allocation of $2,400/year, not a verified bill. Within the reported $6,029 utility total, allocations are $2,400 water/sewer, $2,220 annualized trash and $1,409 other utilities. Other expense of $9,484 includes 2025 taxes $7,435, estimated other utilities $1,409 and auto/legal/postage $640. Indicated NOI $55,101 is illustrative, before vacancy, management, reserves, financing and buyer tax reassessment. Lot size and utility connections require verification. Buyer to verify all property information, rents, expenses, permits, parking and measurements.