12630 Penn Street, Whittier, CA 90602
- $1,860,000
- Sold Price
- $1,860,000
- List Price
- $1,980,000
- Closing Date
- Jun 04, 2025
- Status
- CLOSED
- MLS#
- WS25013167
- Year Built
- 1986
- Lot Size
- 8,859
- Acres
- 0.20
- Lot Location
- 6-10 Units/Acre
- Days on Market
- 104
- Property Type
- Multifamily
- Property Sub Type
- Apartment
- Stories
- Two Levels
Property Description
**Huge Price Drop! Reduced by $145,000**100% Occupied** 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 Whittier College, Whittier museum, City Hall, PD, churches and many shops, 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.
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Additional Information
- Pool Description
- None
- Heat
- Central
- Cooling
- Yes
- Cooling Description
- Central Air
- Roof
- Flat
- Garage Spaces Total
- 12
- Sewer
- Public Sewer
- Water
- Public
- Interior Features
- All Bedrooms Up
- Attached Structure
- Attached
- Number Of Units Total
- 6
- Gross Scheduled Income
- $151,800
Listing courtesy of Listing Agent: JENIFER CHOW (jeniferchow@gmail.com) from Listing Office: Doubletree Realtors.
Listing sold by Gail Duchetta from Landmark Realty Services
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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.