13702 Penn ST Active

Whittier,CA 90602

$ 1600000

- Bed

- Bath

- SqFt


Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID CRDW25005086

Style Traditional

Year Built 1958

Lot Size 6,827 Sqft

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.

Location

State CA

County Los Angeles

Area 670 - Whittier

Rooms

Kitchen Oven Range - Gas

Interior

Heating Wall Furnace

Cooling Window / Wall Unit

Flooring Laminate

Laundry In Laundry Room,Washer/Dryer - Owned

Exterior

Parking Features Assigned Spaces,Covered Parking,Garage,Other

Garage Spaces 6.0

Pool 31,None

View Local/Neighborhood,City Lights

Roof Type Shingle,Composition

Building

Lot Description Grade - Gently Sloped

Foundation Combination

Water Hot Water,District - Public

Others

Special Listing Condition Not Applicable

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