Overview
- Apartment, Residential Income
- 6.0
- 5124 Sqft
- 1958
Description
Seeking a buyer for this exceptional investment opportunity to add to your portfolio. The building is situated in a highly desirable location in Whittier where demand for rents is always high with little or no vacancies, the apartment building is in great condition with no deferred maintenance, 6 single garages, on site laundry room with a coin operated commercial washer and dryer (owner owned) and a utility sink that is shared by the tenants, a separate storage room, updated gas meters, the building offers spacious and excellent unit mix, strong rental metrics in Whittier provides the buyer with an attractive value-add opportunity. The prime location offers a mix of shops, restaurants, schools, supermarkets (Trader Joe’s), public transportation, night life, freeways and more….. NO local rent control. It’s an incredible opportunity to acquire a multifamily asset and hold long term or hedge against inflation. MAKE YOUR MOVE NOW BUY and HOLD, IT WILL BE A GREAT ADDITION TO YOUR PORTFOLIO. It is the lowest price apartment building of it’s kind in the neighborhood.
Address
Open on Google Maps-
Address: 13702 Penn Street
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City: Whittier
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State/county: CA
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Zip/Postal Code: 90602
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Country: US
Details
Updated on April 24, 2025 at 11:33 pm-
Property ID DW25005086
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Price $1,600,000
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Property Size 5124 Sqft
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Land Area 0.1567 Acres
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Garages 6.0
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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 1031 Exchange, Submit
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Roof Composition, Shingle
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Utilities Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
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Sewer Public Sewer
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Cooling Wall/Window Unit(s)
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Heating Wall Furnace
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Flooring Carpet, Laminate, Wood
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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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Parking Assigned, Covered, Door-Single, Driveway, Garage
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Community Features Biking, Curbs, Hiking, Park, Street Lights
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Architectural Style Traditional
Mortgage Calculator
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Down Payment
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Loan Amount
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Monthly Mortgage Payment
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Property Tax
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Home Insurance
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PMI
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Monthly HOA Fees