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11500 Colima Rd
Whittier, CA 90604
Candlewood · Multifamily Property For Sale · 43 Units

INVESTMENT HIGHLIGHTS

  • Majority Two-Bedroom Floor Plans
  • Attractive 5.39% Current Cap Rate / 6.93% Market Cap Rate
  • Controlled Gated Access, (2) Laundry Rooms, On-Site Security Camera System & Ample Parking
  • Well-Maintained Asset
  • Recent Capital Improvements Include New Roof (2021), Iron Railings Installed, New Asphalt & Slurry, and 23 of 43 Units Renovated

PROPERTY FACTS

No. Units 43
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 1.22 AC
Building Size 41,400 SF
No. Stories 2
Year Built 1958
Parking Ratio 2.73/1,000 SF
Zoning LCR3* - Residential

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Heating
  • Kitchen
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower
  • Freezer

SITE AMENITIES

  • 24 Hour Access
  • Controlled Access
  • Tenant Controlled HVAC
  • Recycling
  • Smoke Free
  • Online Services
  • Walk-Up
  • Smoke Detector

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
2+1 42 $1,867 600
3+2 1 $3,495 850

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
8227-001-043
Land Assessment
$9,363,600
Improvements Assessment
$2,590,596
Total Assessment
$11,954,196
  • Listing ID: 30902362

  • Date on Market: 2/7/2024

  • Last Updated:

  • Address: 11500 Colima Rd, Whittier, CA 90604

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