$1,600,000
$1,600,000
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13702 Penn Street Whittier, CA 90602
8 Beds
4 Baths
6,827 Sqft Lot
Key Details
Sold Price $1,600,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID DW25005086
Sold Date 04/23/25
Bedrooms 8
HOA Y/N No
Lot Size 6,827 Sqft
Property Sub-Type Res Income 2-4 Units
Property 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.
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.
Location
State CA
County Los Angeles
Area Whittier (90602)
Zoning Assessor
Interior
Cooling Wall/Window
Exterior
Exterior Feature Stucco
Parking Features Unit1:Assigned
Roof Type Composition
Building
Lot Description Curbs
Story 2
Lot Size Range 4000-7499 SF
Level or Stories 2 Story
Others
Monthly Total Fees $204
Acceptable Financing Exchange
Listing Terms Exchange
Financing Cash
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Bought with Angel Moreno • Century 21 Allstars