La Rhonda Apartments | 7621 Washington Ave
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La Rhonda Apartments 7621 Washington Ave
8 Unit Block of Flats £1,715,055 (£214,382/Unit) 5.25% Net Initial Yield Whittier, CA 90602
Executive Summary
Well located North Whittier apartment complex. Only two owners over the last 50 years. Property features include pitched roof, separate electric and gas meters, two car parking for each unit, close to Uptown and transportation. Well maintained property, stable tenant profile. Several units have been updated.
Financial Summary (Actual - 2023) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2023) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | £1,715,055 | Apartment Style | Low Rise |
| Price Per Unit | £214,382 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.17 AC |
| Net Initial Yield | 5.25% | Building Size | 13,076 SF |
| Sale Conditions | 1031 Exchange | Average Occupancy | 100% |
| Gross Rent Multiplier | 12.67 | Number of Floors | 2 |
| No. Units | 8 | Year Built | 1957 |
| Property Type | Residential | Parking Ratio | 0.19/1,000 SF |
| Property Subtype | Apartment |
| Price | £1,715,055 |
| Price Per Unit | £214,382 |
| Sale Type | Investment |
| Net Initial Yield | 5.25% |
| Sale Conditions | 1031 Exchange |
| Gross Rent Multiplier | 12.67 |
| No. Units | 8 |
| Property Type | Residential |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 13,076 SF |
| Average Occupancy | 100% |
| Number of Floors | 2 |
| Year Built | 1957 |
| Parking Ratio | 0.19/1,000 SF |
Unit Amenities
- Air Conditioning
- Balcony
- Cable Ready
- Disposal
- Storage Space
- Ceiling Fans
- Double Pane Windows
Site Amenities
- Laundry Facilities
- Gas Range
Unit Mix Information
| Description | No. Units | Avg. Rent.Mo | SF |
|---|---|---|---|
| 1+1 | 6 | - | 500 |
| 2+1 | 2 | - | 698 - 848 |
Walk Score ®
Walker's Paradise (91)
PROPERTY TAXES
| Parcel Number | 8141-011-006 | Total Assessment | £1,657,561 (2024) |
| Land Assessment | £1,160,293 (2024) | Annual Taxes | -£1 (£0.00/sf) |
| Improvements Assessment | £497,268 (2024) | Tax Year | 2023 |
PROPERTY TAXES
Parcel Number
8141-011-006
Land Assessment
£1,160,293 (2024)
Improvements Assessment
£497,268 (2024)
Total Assessment
£1,657,561 (2024)
Annual Taxes
-£1 (£0.00/sf)
Tax Year
2023
zoning
| Zoning Code | R-3 (Check with city) |
| R-3 (Check with city) |
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La Rhonda Apartments | 7621 Washington Ave
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