REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 1,980,000
Est. payment | /mo
8 Beds
8 Baths
8,859 Sqft Lot
$ 1,980,000
Est. payment | /mo
8 Beds
8 Baths
8,859 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID WS25013167
Bedrooms 8
HOA Y/N No
Lot Size 8,859 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
**Huge Price Drop! Reduced by $145,000** This well-maintained six-unit apartment complex, built in 1986, is located at the corner of Penn St and Newlin Ave in the highly desirable Uptown Whittier area. With a building size of 4,925 sq. ft. on an 8,856 sq. ft. lot, the property features two buildings: Front building has 2 single-story units, each with 2 bedrooms and 2 bathroom. The back building has 4 townhouse-style units, each with 2 bedrooms and 1.5 bathrooms. 100% occupied. All tenants pay rent on time, it is an easy manage building! Central air and heating with four systems have been upgraded in the recent years. Two-car garage for each unit; total 12 garage parking spaces. Private balconies for each end units. The common area includes a laundry room that generates income. The revenue is shared with the laundry company and there's no hassle with machine maintenance. Recent building update also includes fresh exterior paint, two units had newly remodeled kitchens. The Balcony and Stairs inspection has been done with a complete report. A 100 Gal water heater for the whole complex is 6 years new. Conveniently located near shops, schools, and churches, the complex attracts long-term tenants! This excellent apartment property with a strong track record of timely rent payments, will be your next perfect investment opportunity for steady rental income and portfolio growth. Note-buyer to cooperated with seller's 1031 exchange.
**Huge Price Drop! Reduced by $145,000** This well-maintained six-unit apartment complex, built in 1986, is located at the corner of Penn St and Newlin Ave in the highly desirable Uptown Whittier area. With a building size of 4,925 sq. ft. on an 8,856 sq. ft. lot, the property features two buildings: Front building has 2 single-story units, each with 2 bedrooms and 2 bathroom. The back building has 4 townhouse-style units, each with 2 bedrooms and 1.5 bathrooms. 100% occupied. All tenants pay rent on time, it is an easy manage building! Central air and heating with four systems have been upgraded in the recent years. Two-car garage for each unit; total 12 garage parking spaces. Private balconies for each end units. The common area includes a laundry room that generates income. The revenue is shared with the laundry company and there's no hassle with machine maintenance. Recent building update also includes fresh exterior paint, two units had newly remodeled kitchens. The Balcony and Stairs inspection has been done with a complete report. A 100 Gal water heater for the whole complex is 6 years new. Conveniently located near shops, schools, and churches, the complex attracts long-term tenants! This excellent apartment property with a strong track record of timely rent payments, will be your next perfect investment opportunity for steady rental income and portfolio growth. Note-buyer to cooperated with seller's 1031 exchange.
**Huge Price Drop! Reduced by $145,000** This well-maintained six-unit apartment complex, built in 1986, is located at the corner of Penn St and Newlin Ave in the highly desirable Uptown Whittier area. With a building size of 4,925 sq. ft. on an 8,856 sq. ft. lot, the property features two buildings: Front building has 2 single-story units, each with 2 bedrooms and 2 bathroom. The back building has 4 townhouse-style units, each with 2 bedrooms and 1.5 bathrooms. 100% occupied. All tenants pay rent on time, it is an easy manage building! Central air and heating with four systems have been upgraded in the recent years. Two-car garage for each unit; total 12 garage parking spaces. Private balconies for each end units. The common area includes a laundry room that generates income. The revenue is shared with the laundry company and there's no hassle with machine maintenance. Recent building update also includes fresh exterior paint, two units had newly remodeled kitchens. The Balcony and Stairs inspection has been done with a complete report. A 100 Gal water heater for the whole complex is 6 years new. Conveniently located near shops, schools, and churches, the complex attracts long-term tenants! This excellent apartment property with a strong track record of timely rent payments, will be your next perfect investment opportunity for steady rental income and portfolio growth. Note-buyer to cooperated with seller's 1031 exchange.
Location
State CA
County Los Angeles
Area Whittier (90602)
Zoning Assessor
Interior
Cooling Central Forced Air
Building
Lot Description Sidewalks
Story 2
Lot Size Range 7500-10889 SF
Level or Stories 2 Story
Others
Monthly Total Fees $211
Acceptable Financing Exchange
Space Rent $2,035
Listing Terms Exchange
Listed by JENIFER CHOW • Doubletree Realtors
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
12750 High Bluff Dr. #300, San Diego, California, 92130, USA