13932 Coteau Dr - Apartments FOR SALE


Whittier, CA 90604- South Whittier
$3,175,000 USD
949-500-5099
13932 Coteau Dr, Whittier, CA for Sale
$3,175,000 USD
Apartments - FOR SALE
1/14
null | 4.86% Cap Rate

13932 Coteau Dr
Whittier, CA 90604
South Whittier


HIGHLIGHTS

  • Well-Maintained 1977 Construction
  • Spacious 2 & 3 Bedroom Apartments (Averaging over 900 SF)
  • Ample Carport, Garage & Open Parking. Nearly 2:1 Parking Ratio
  • Upgraded Interiors - Flooring, Countertops, Bathrooms & Appliances
  • New Electrical Panels, SB721 Compliant & New Asphalt
  • Incredible Location Adjacent to Candlewood Country Club

OVERVIEW

This well-maintained 12-unit apartment community in the highly desirable city of Whittier offers a compelling value-add opportunity at an attractive basis of $264,583/unit and $281/SF. The property features spacious 2 and 3 bedroom units averaging over 900 SF, complemented by an excellent parking ratio of nearly 2:1 with a mix of carports, garages, and open spaces. Interiors have been nicely upgraded with modern flooring, countertops, renovated bathrooms, and updated appliances, while significant capital improvements, including new electrical panels, SB721 compliance, and new asphalt, provide peace of mind for future ownership. Ideally located adjacent to Candlewood Country Club, the property benefits from a strong rental market driven by Whittier's desirable suburban character, proximity to major employment centers, and continued demand for quality housing. With approximately 34% rental upside, investors have a clear path to increased cash flow and long-term appreciation.

FOR SALE DETAILS

PRICE

$3,175,000 USD

PRICE/SF

$281 USD /SF

# OF UNITS

12

PRICE/UNIT

$264,583

CAP RATE

4.86%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1977

PARKING SPACES

18

LAND DETAILS

LAND ACRES

0.46 AC

LAND SF

19,998 SF

ZONING

R3, County

APN/PARCEL ID

8031-004-008

ASK ABOUT THIS PROPERTY

Rick ApplebaumMorgan-Skenderian Investment Real Estate GroupMore Info
949-500-5099

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Rick ApplebaumMorgan-Skenderian Investment Real Estate GroupMore Info
949-500-5099

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.