11506 Obert Avenue
$3,550,000
3
14
12,233
12,233
$290
Description
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...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.
- Listed by Robert Stepp • DRE #01456379 • Brokerage DRE #01499010 • Keller Williams - Santa Monica • 310-463-2916
- Listed by Alex Figueroa • DRE #01173239 • Brokerage DRE #02034147 • Synergy One Real Estate Ser.
Property Details for 11506 Obert Avenue
Parking Spaces Total
16
Private PoolNo
Total Units14.0
Building TypeAttached
Lot Size SourceAssessor
Living Area12233
Assessor Parcel Number8227-010-020
Property Attached YNtrue
LISTING UPDATED: 11/04/2024 05:44 AM
Property Details for 11506 Obert Avenue
Status | Active |
---|---|
MLS # | PW24141372 |
Days on Market | 135 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Mixed Use |
MLS Type | Residential Income |
Year Built | 1962 |
Lot Size | 0.40 AC / 17,225 SF |
County | Los Angeles County |
Building Information for 11506 Obert Avenue
Stories2Residences-Year Built1962Building Size-Lot Size0.40 AC / 17,225 SF
Property Information for 11506 Obert Avenue
Property History for 11506 Obert Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 11506 Obert Avenue
Taxable ValueLand$1,715,522Additions$1,608,642Total$3,324,164
Tax Record2024$42,094 ($3,508 / month)
Home Facts
Total Finished SqFt12,233 SqFtAbove Grade Finished SqFt12,233 SqFtLot Size17,225 SqFtStyleMulti-Family Res (5+ Units)Year Built1962ZoningLCR3*CountyLOS ANGELESAPN8227-010-020
Schools near 11506 Obert Avenue
This home is within East Whittier City Elementary School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
La Colima Elementary School PublicK to 5 | ||
Granada Middle School Public6 to 8 | ||
La Serna High School Public9 to 12 | ||
Frontier High (Continuation) School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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