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$ 2,125,000
Est. payment | /mo
8 Beds
8 Baths
8,859 Sqft Lot
$ 2,125,000
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 Description
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. 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. Common area laundry room generate laundry income which split with a laundry service company; owner no need to worry for any maintenance issues . Recent building updates also include fresh exterior paint, two units had newly remodeled kitchens, and a 100 Gal water heater installed 6 years ago. 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.
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. 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. Common area laundry room generate laundry income which split with a laundry service company; owner no need to worry for any maintenance issues . Recent building updates also include fresh exterior paint, two units had newly remodeled kitchens, and a 100 Gal water heater installed 6 years ago. 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.
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. 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. Common area laundry room generate laundry income which split with a laundry service company; owner no need to worry for any maintenance issues . Recent building updates also include fresh exterior paint, two units had newly remodeled kitchens, and a 100 Gal water heater installed 6 years ago. 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