Exclusive Listings

Attractive 3Bed+3Bath Townhouse Style Unit(s) in Desirable Whittier Location

Address:
11522 Colima Rd
Whittier, CA 90604
Price:
$2,240,000
Status:
Available
Type:
Apartment
# Units:
8
Year Built:
1964
Building Size:
7,287
Lot Size:
10,394
CAP Rate:
4.02%
GRM:
15.34x
Price/Unit:
$280,000
Price/SqFt:
$307

INVESTMENT HIGHLIGHTS          

  • Value-Add opportunity
  • Superb location on Colima Road near Telegraph Road with excellent access to retails, employment centers, and public transportation
  • Right across from L.A.S.D Police Academy & South Whittier Library, Walking distance to Candlewood Country Club (private golf club) and minutes away from Rio Hondo South Whittier Educational Center
  • Located close to many public transits and convenient access to FWY 605 and FWY 5; ±25-minutes’ drive from Downtown Los Angeles
  • Conveniently located couple blocks away from La Colima Elementary School and Monte Vista Middle School and Rio Hondo South Whittier Educational Center

 

PROPERTY HIGHLIGHTS:

  • Excellent unit mix with attractive combination of 3 bed, 2 bed, and 1 bed units
  • Large lot size with ample parking
  • Separately metered for electricity and gas
  • Each unit has individual water heater, one 3bed+3bath townhouse style unit with laundry hookups, private backyard, and much more
  • Garden style 2 story apartment with lush landscaping


EXECUTIVE SUMMARY

The Growth Investment Group is proud to present 11522 Colima Rd in the City of Whittier. The property is a garden-style two-story building with side courtyard and parking area in the front and back part of the building. It has 8 units and offers a very attractive unit mix of one (1) x 3bed+3bath, five (5) x 2bed+1bath, and two (2) 1bed+1bath units. The 3 bed+3bath unit is a townhouse style with private backyard and has been totally remodeled. This unit has a closed-off gas fireplace, washer and dryer hookup and multiple storage sheds in the parking area. The property is separately metered for electricity and gas.

Each unit is large with an excellent layout, has individual water heater, wall A/C in living room, ceiling fans, tiled bathroom. Some units have vinyl wood flooring in kitchen and bathroom area and new appliances, new kitchen cabinets and new bathroom vanity.

There are 11 parking spaces provided by 7 carport spaces and 4 tuck-under parking in the front. There is a shared laundry room in the back.

The property is strategically located on Colima Road near Telegraph Road, only a block away from Rio Hondo South Whittier Education Center and right across the street from L.A.S.D Police Academy and South Whittier Library. It is minutes away from Candlewood Country Club and almost all amenities the City of Whittier has to offer.

 

LOCATION AMENITIES AND ACCESS

The property is located in the prestigious city of Whittier with all of its appropriate amenities, suitable dining and fashionable shopping. According to a Demographic and Income Profile analytical report, within a 2 mile radius are more than 30% of household incomes earning over $100,000 annually

Borderline La Mirada, this portfolio maintains excellent proximity to a variety of nearby amenities such as restaurants, golf course, shops, schools, college, health clubs and entertainment venues. Whittier is located only 25 minutes from downtown Los Angeles and a half hour driving distance from beach communities, shopping and Orange County. It is only 10 minutes from the 5 or the 605 freeways, makes the location easily accessible. Consequently, a large array of very popular attractions in both the Los Angeles and Orange County regions are easily accessible from Whittier. Some of these include the Disneyland Resort in Anaheim, Knott's Berry Farm & Knott's Soak City in Buena Park, Universal Studios in Hollywood, and the Los Angeles Zoo.

The property is situated on Colima Road near Telegraph Road. It is located right across from South Whittier Library and LASD  Police Explorer Academy while nearby to Rio Hondo South Whittier Educational Center and only a short distance to Candlewood County Club. In addition, La Colima Elementary School and Monte Vista Middle School are both located less than a mile away from the subject property

Whittier is located about 12 miles southeast of Los Angeles and about 20 miles northwest of Anaheim. The city of Whittier, California is home to Whittier College and also to the Southern California University of Health Sciences. The city was incorporated in 1898, and like many other southern California communities, underwent a population increase following World War II. Whittier experienced an even more rapid population spike starting in the 1990's. 


Due Diligence


Broker Contact

Han Widjaja-Chen
Direct: 626.594.4900
[email protected]

Matthew Guerra
Direct: 626.898.9740
[email protected]


Office:
999 S. San Gabriel Blvd.
San Gabriel, CA 91776
Phone: 626.594.4901
Fax: 626.316.7552
Email: [email protected]
Copyright © 2018 GIG Real Estate, Inc. dba. Growth Investment Group - Corp. ID 02021933
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