20
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$1,600,000
Est. payment /mo
Active
13702 Penn ST Whittier, CA 90602
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Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRDW25005086
Style Traditional
Originating Board California Regional MLS
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
Architectural Style Traditional
Others
Tax ID 8142001019
Special Listing Condition Not Applicable
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Listed by Angel Moreno • Century 21 Allstars