Whittier, CA 90602,12630 Penn Street
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$ 2,125,000
Est. payment | /mo

8 Beds

8 Baths

8,859 Sqft Lot


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$ 2,125,000
Est. payment | /mo
Save

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.

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

San Diego Regional MLS (SDMLS)
Listed by JENIFER CHOW • Doubletree Realtors
agent-avatar

+1(858) 336-9653

jcohenkurzrock@gmail.com

2235 Linwood St. A5, Diego, California, 92110, United States

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12630 Penn Street