13702 Penn Street
Whittier, CA 90602
0.16 acres | #DW25005086
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.
Property Details
- Utility FeaturesElectricityConnected, NaturalGasConnected, PhoneAvailable, SewerConnected, WaterConnected
- Lot DescriptionSixToTenUnitsAcre, GentleSloping, RectangularLot
- InteriorBalcony, TileCounters, Unfurnished, UtilityRoom
- ViewCityLights, Neighborhood
- Property TypeMulti-Family
- FoundationCombination
- Sewer InformationPublicSewer
- CountyLos Angeles
- Original List Price$1,600,000
- MLS #DW25005086
- MLS #DW25005086
- Property SubtypeApartment
- Cost1600000
- Acres0.1567
- Utility SourcePublic
- Year Built1958
- Stories2
- Parking Spaces6
Location
Legal
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Last Updated:Â . Source: CRMLS
Listing Courtesy
Listing Agent: Angel Moreno (#YMOREANG)
Listing Office: Century 21 Allstars (#YCYA)
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