About 13932 Coteau Drive
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 Whittiers 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.
