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Individually Metered 4-Plex Property

11904 Painter Whittier, CA 90605

11904 Painter, Whittier, CA, 90605
$1,950,000
For Sale
$1,950,000

Four individual homes on one lot, each individually metered with updated interiors and washer/dryer hookups.

Days on Market90

Property Features for 11904 Painter

General Information

Standard status
Active
Property subtype
Investment

Building Details

Year Built
1955
Listing agency
Listed by Cherie Pondoff · License #01165416
Source Elliman
Added: Apr 24 Updated: Jul 21 at 4:09PM Checked: Jul 21 at 4:09PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Cherie Pondoff


Investment Insights

Based on property information with market context.

This four-unit property offers four separate homes, each featuring 2 bedrooms and 1 bath. Each unit includes a private backyard and washer/dryer hookups. Three of the homes have a 1-car garage. The property is described as well maintained with upgrades across all units, including newer kitchens and bathrooms, windows, flooring, wall heaters, electrical panels, and newer garage doors. Units are individually metered for utilities, and tenants are responsible for all utilities, including water, trash, gas, and electricity.

The property sits on an almost 3/4-acre lot. Public remarks indicate the units are currently occupied, with no vacant units expected at delivery, and that three tenants are long term.

According to the provided information, over $160,000 in improvements have been made in the last seven years. Two tenants are identified as Section 8.

Key Highlights

  • 4‑plex with four individual 2BD/1BA homes on an almost 3/4‑acre lot (year built 1955).
  • Total gross rents are $10,485/month with $125,820 gross income and $99,744 NOI; starting cap rate is approx. 5.10%.
  • Over $160,000 in improvements made in the last 7 years, including newer kitchens, bathrooms, windows, flooring, wall heaters, and electrical panels.

Property Analytics

Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Real Estate Agency Dental Office Spa & Massage Center Hair Salon Nail Salon Skin Care Clinic Cafe & Coffee Shop Barber Shop (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Quadplex - Four individual homes on one lot, each individually metered with updated interiors and washer/dryer hookups.
Where is this quadplex located?
The property is located at 11904 Painter Whittier, CA.
What is the asking price?
The asking price for this property is $1,950,000.
What are key features of this property?
This property features: 4‑plex with four individual 2BD/1BA homes on an almost 3/4‑acre lot (year built 1955).; Total gross rents are $10,485/month with $125,820 gross income and $99,744 NOI; starting cap rate is approx. 5.10%.; Over $160,000 in improvements made in the last 7 years, including newer kitchens, bathrooms, windows, flooring, wall heaters, and electrical panels.
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