7816 Duchess Drive, Whittier, California 90606
- $1,125,000
- $1,125,000
Overview
- Apartment, Residential Income
- 2.0
- 2900 Sqft
- 1958
Description
Just Listed! Exceptional Investment Opportunity in Whittier – We are pleased to exclusively offer for sale this unique multi-family residential offering for discerning investors. Featuring all single-story construction, this well-maintained property comprises 2 charming detached cottages and 1 duplex (no common walls), blending comfort with convenience. The diverse unit mix includes two 2-bedroom/1-bathroom units and two 1-bedroom/1-bathroom units, catering to a range of tenant preferences. Each unit boasts its own garage parking, ensuring ample space for tenants’ vehicles, and private laundry hookups, adding a highly sought-after amenity that enhances the living experience. A notable advantage for investors is the utility arrangement; tenants are responsible for their own electricity and gas payments, which helps in keeping the operating expenses in check for the property owner. Furthermore, the property showcases a tremendous potential upside in rental income, with the possibility of increasing current rents by up to 50% (buyer and buyer’s agent to verify any local rent control ordinances.) This presents a significant opportunity for investors looking to maximize their returns in a desirable location.
Address
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Address: 7816 Duchess Drive
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City: Whittier
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State/county: CA
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Zip/Postal Code: 90606
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Country: US
Details
Updated on June 27, 2024 at 9:09 pm-
Property ID CV24036102
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Price $1,125,000
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Property Size 2900 Sqft
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Land Area 0.2564 Acres
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Garages 2.0
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Year Built 1958
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Property Type Apartment, Residential Income
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Property Status Closed
Additional details
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Listing Terms Cash, Cash to New Loan
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Sewer Public Sewer
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County Los Angeles
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Property Type Residential Income
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Pool None
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Community Features Curbs, Gutter(s), Sidewalks
Mortgage Calculator
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