13702 Penn Street, Whittier, CA 90602
- $1,600,000
- Sold Price
- $1,600,000
- List Price
- $1,600,000
- Closing Date
- Apr 23, 2025
- Status
- CLOSED
- MLS#
- DW25005086
- Year Built
- 1958
- Lot Size
- 6,827
- Acres
- 0.16
- Lot Location
- 6-10 Units/Acre, Gentle Sloping, Rectangular Lot
- Days on Market
- 71
- Property Type
- Multifamily
- Style
- Traditional
- Property Sub Type
- Apartment
- Stories
- Two Levels
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.
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Additional Information
- Appliances
- Gas Range, Water Heater
- Pool Description
- None
- Heat
- Wall Furnace
- Cooling
- Yes
- Cooling Description
- Wall/Window Unit(s)
- View
- City Lights, Neighborhood
- Exterior Construction
- Drywall, Stucco
- Roof
- Composition, Shingle
- Garage Spaces Total
- 6
- Sewer
- Public Sewer
- Water
- Public
- Interior Features
- Balcony, Tile Counters, Unfurnished, Utility Room
- Attached Structure
- Attached
- Number Of Units Total
- 6
- Gross Scheduled Income
- $115,000
- Operating Expense
- 37380
Listing courtesy of Listing Agent: Angel Moreno (angelmoreno54@yahoo.com) from Listing Office: Century 21 Allstars.
Listing sold by Angel Moreno from Century 21 Allstars
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.