14035 Coteau Drive

    Whittier, CA 90604
    • $11,550,000
    • STATUS: Active
    • ON SITE: 101 days
    • ID#: PW18188180
    UPDATED: 17 min ago
    $11,550,000
    • 0
      BEDS
    • 1.38
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 32,604
      SQFT
    • $354
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1986
    County:

    School Ratings & Info

    Description

    Triqor Group is pleased to present the opportunity to acquire Heritage Manor and Villas, a 40-unit apartment building located in Whittier, CA. Built in 1986; the property is in close proximity to Candlewood Country Club and offers (36) large two-bedroom units and (4) one-bedroom units. Most units have a patio or balcony, some with golf course views. All tenants have secured access to covered and uncovered parking. Heritage Manor and Villas boasts a great opportunity for an investor to purchase a well-maintained asset consisting of almost all two-bedroom units built in 1986.Heritage Manor and Villas is located just north of Imperial Hwy., the major east west thoroughfare in the City of Whittier. The property sits adjacent to Candlewood Country Club providing some units with golf course views. The property is located 3 miles northeast of the 5 freeway, 4.5 miles east of the 605 freeway and 5 miles north of the 91 freeway. Furthermore, the property is located less than 20 miles southeast of Downtown Los Angeles and 10 miles north west from Downtown Anaheim offering additional employment opportunities nearby.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-11-13T11:28:25.277. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
    www.fredsedgroup.com/homes/86266053

    14035 Coteau Drive Whittier, CA 90604

    • Price: $11,550,000
    • Status: Active
    • Updated: 17 min ago
    • ID#: PW18188180
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1.38
    Acres
    32,604
    SQFT
    $354
    $/SQFT
    1986
    Built
    Neighborhood:
    699 - Not Defined
    County:
    Los Angeles
    Area:
    699 - Not Defined
    Property Description
    Triqor Group is pleased to present the opportunity to acquire Heritage Manor and Villas, a 40-unit apartment building located in Whittier, CA. Built in 1986; the property is in close proximity to Candlewood Country Club and offers (36) large two-bedroom units and (4) one-bedroom units. Most units have a patio or balcony, some with golf course views. All tenants have secured access to covered and uncovered parking. Heritage Manor and Villas boasts a great opportunity for an investor to purchase a well-maintained asset consisting of almost all two-bedroom units built in 1986.Heritage Manor and Villas is located just north of Imperial Hwy., the major east west thoroughfare in the City of Whittier. The property sits adjacent to Candlewood Country Club providing some units with golf course views. The property is located 3 miles northeast of the 5 freeway, 4.5 miles east of the 605 freeway and 5 miles north of the 91 freeway. Furthermore, the property is located less than 20 miles southeast of Downtown Los Angeles and 10 miles north west from Downtown Anaheim offering additional employment opportunities nearby.
    Exterior Features

    Garage Spaces 8.00 Lot Features 36-40 Units/Acre Lot Size Source Assessor Lot Size Units Square Feet Parking Total 8.00 Pool Features Private Pool Private YN Yes Property Attached YN Yes

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls 2+ Common Walls Laundry Features Community

    Property Features

    Additional Parcels Description 8031-002-0228031-002-009 Additional Parcels YN No Building Area Units Square Feet Community Features Suburban Country Us Electric Expense 0.00 Elevation Units Feet Fuel Expense 0.00 Gross Income 0.00 Gross Scheduled Income 848448.00 Insurance Expense 0.00 Land Lease YN No Laundry YN Yes Net Operating Income 528566.00 New Construction YN No New Taxes Expense 0.00 Number Of Separate Electric Meters 40 Number Of Separate Gas Meters 0 Number Of Separate Water Meters 40 Operating Expense 294429.00 Professional Management Expense 0.00 Rent Control YN No Senior Community YN No Sewer Private SewerPublic Sewer Special Listing Conditions Standard Total Expenses 0.00 Trash Expense 0.00 Water Sewer Expense 0.00 Water Source Public Zoning Lcr3*

    Listing provided courtesy of Chris Keramati of Triqor Group.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-11-13T11:28:25.277. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
     
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