10736-10742 Shire Pl - Apartments FOR SALE


Whittier, CA 90601- Whittier City
$3,500,000 USD
949-295-8560
10736-10742 Shire Pl, Whittier, CA for Sale
$3,500,000 USD
Apartments - FOR SALE
1/9
null | 5.87% Cap Rate

10736-10742 Shire Pl
Whittier, CA 90601
Whittier City


HIGHLIGHTS

  • Phenomenal Uptown Whittier Location
  • Half 1-Bedroom/1-Bath & Half 2-Bedroom/1.5-Bath Units with Garages
  • Large Floorplans Surrounding Expansive Landscaped Courtyard
  • Priced at $218,750/Unit & $274/SF
  • 50% Upside on Rents for a New Owner

OVERVIEW

The Shire Place Apartments offer an investor the opportunity to acquire 16 units in the affluent rental market of Uptown Whittier. The property offers an appealing unit mix of large 1-bedroom/1-bath and 2-bedroom/1.5-bath units surrounding a large grass common area courtyard. Residents enjoy plenty of garage and open parking, air conditioning and access to two on-site laundry rooms. The city of Whittier has become a dynamic, thriving community, and multifamily owners have benefitted from rapidly increasing rents as demand far outpaces supply. Aside from enjoying everything the city has to offer with its impressive urban renewal, tenants have quick and easy access to all Los Angeles area freeways and employment centers. Please email listing broker for an offering memorandum or more information.

FOR SALE DETAILS

PRICE

$3,500,000 USD

PRICE/SF

$178 USD /SF

# OF UNITS

16

PRICE/UNIT

$218,750

CAP RATE

5.87%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Shire Place Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1960

PARKING SPACES

27

LAND DETAILS

LAND ACRES

0.5 AC

LAND SF

21,686 SF

ZONING

-

APN/PARCEL ID

8129-030-032

ASK ABOUT THIS PROPERTY

Doug RodermundMorgan-Skenderian Investment Real Estate GroupMore Info
949-295-8560

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Doug RodermundMorgan-Skenderian Investment Real Estate GroupMore Info
949-295-8560

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.