MultiFamily Property for Sale at 6354 Painter Avenue
$1,500,000
6354 Painter Avenue, Whittier, CA 90601
8,518 SF
Square Feet
$176
PPSF
Property Description
This 8,518 sq. ft. (proforma) property on a 19,602 sq. ft. lot offers prime development potential with zoning for 8 residential units. Centrally located near Uptown Whittier, major freeways, top schools, and local amenities, it benefits from high rental demand in a thriving market. With an average household income of $113,460 and limited housing supply, this $1,500,000 investment presents strong growth potential in one of Southern California’s most desirable locations. Inquire today!
- Attractive development potential with 19,602 sq ft lot
- Nearby amenities: schools, parks, libraries, shopping, public transit, and freeways
- Prime potential to convert into 8 units
- Centrally Located In Between Major Freeways I-605, I-5, I-10, and CA-60
- Attractive development potential with 19,602 sq ft lot
- Prime potential to convert into 8 units (currently commercial)
- Whittier was named one of the Top 100 cities to live in the United States (Livability.com)
- Conveniently located between Downtown Los Angeles and Orange County
- Centrally Located In Between Freeways I-605, I-5, I-10, and CA-60
Property Details
Asset Type
MultiFamily
Year Built
1916
Zoning
WHCO*
Lot Size
19,602 SF
Submarket
Whittier
ZIP
90601
Listing Type
sale
Net Operating Income (NOI)
$0
Debt Service Coverage Ratio (DSCR)
0.00x
Cap Rate
0.00%
Cash Flow (Annual)
-$85,329
Cash-on-Cash Return
-22.75%
Monthly Debt Service
$7,111
Annual Debt Service
$85,329
View on Map
Address
6354 Painter Avenue
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Whittier MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale
No investors found in this market.
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