11506 Obert Avenue | Los Angeles | State of California | Prices, Plans, Availability

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11506 Obert Avenue

USD 3,750,000

Property ID: PW24141372

11506 Obert Avenue ,90604

17225 SqFt

Built in 1962

USD 218/SqFt

0 Bed

0 Full

Location

Direction

Interior Details

Bedrooms

Bathrooms

Interior Size

12233

Construction Details

Property Type --

Property Condition --

Architectural Style --

New Construction --

Year Built 1962

Detailed Introduction Of This Home

The Obert Arms Apartments is a 14-unit apartment asset situated at 11506 Obert Avenue in Whittier, California. The property presents a new buyer with ±21% rental upside potential, with a 6.78% cap rate at market rents. The property spans a 17,225-square-foot lot and includes (10) 2BD/1BA units, and (4) 1BD/1BA units. Some of the units feature spacious second-story patios. The building has been updated with new windows throughout. Residents enjoy ample parking with 16 total spaces and the convenience of onsite laundry facilities, which also present an opportunity for additional income. Located in the desirable, quiet residential neighborhood of Whittier, 11506 Obert Avenue offers small-town charm with easy access to the Greater Los Angeles and Orange County.

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