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11506 Obert Avenue

Whittier, CA 90604

– beds
– baths
– sqft
~1/2 acre lot
1962 build
– on site

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 ±18% rental upside potential, with a 7.09% cap rate at market rents. New financing is available at 5.65%. 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.

Listed By CRMLS_CA / Robert Stepp / Keller Williams - Santa Monica / 310-463-2916

Last checked: Checking… • Last updated Nov 4, 2024 •

MLS# PW24141372 —

The Building

Year Built:

1962
Year Built Source:

Assessor
New Construction:

No
Entry Level:

1
Common Walls:

2+ Common Walls
Building Area Total:

12233.00
Building Area Units:

Square Feet
# of Buildings:

1
Total Number Of Units:

14
Stories Total:

2
# of Separate Gas Meters:

15
# of Separate Water Meters:

1
# of Separate Electric Meters:

15

Interior

Entry Location:

1
Laundry:

Community
Laundry:

1

Location

Directions:

Telegraph Road & Leffingwell Road
Latitude:

33.92584300
Longitude:

-118.02127700

The Property

Property Type:

Residential Income
Subtype:

Commercial/Residential
Zoning:

LCR3*
Lot Features:

11-15 Units/Acre
Lot Size Area:

17225.0000
Lot Size Acres:

0.3954
Lot Size SqFt:

17225.00
Lot Size Source:

Assessor
Property Attached:

1
Additional Parcels:

No
Land Lease:

No

Listing Agent

Contact info:

Taxes

Tax Census Tract:

5035.01
Tax Tract:

26040
Tax Lot:

15

The Listing

Special Listing Conditions:

Standard
Parcel Number:

8227010020

Utilities

Sewer:

Public Sewer
Water Source:

Public

The Community

Senior Community:

No
Features:

Sidewalks
Pool:

None
Private Pool:

No

Parking

Parking Spaces:

16.00
Carport Spaces:

16.00

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
11/4/24 Nov 4, 2024	Price Changed	CRMLS_CA	$3,550,000	-5.3%
7/11/24 Jul 11, 2024	Listed / Active	CRMLS_CA	$3,750,000	17.6%
2/14/24 Feb 14, 2024		CRMLS_CA	$3,190,000	-8.9%

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This multifamily located in Southeast La, South Whittier, CA 90604 is currently for sale for $3,550,000. 11506 Obert Avenue is a – square foot multifamily with – beds and – baths that has been on Estately for 134 days. 11506 Obert Avenue is in the Southeast La neighborhood of South Whittier and has a WalkScore® of 58, making it somewhat walkable. This multifamily is in the attendance area of Granada Middle School, La Colima Elementary School, and La Serna High School.

Listing Courtesy of: CRMLS_CA and Keller Williams - Santa Monica. Based on information from California Regional Multiple Listing Service, Inc. as of 23:59 on Nov 21.

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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.