13702 Penn ST new

Whittier,CA 90602

$ 1600000

- Bed

- Bath

- SqFt


Key Details

Property Type Condo

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID DW25005086

Year Built 1958

Tax Year 2023

Lot Size 6,825 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, a separate laundry room with a coin operated commercial washer and dryer and a utility sink that is shared by the tenants, a separate storage room, the building offers a desirable 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..... It's an incredible opportunity to acquire a multifamily asset and hold long term or hedge against inflation. MAKE YOUR MOVE NOW IT WILL BE A GREAT ADDITION TO YOUR PORTFOLIO.

Location

State CA

County Los Angeles

Area 670 - Whittier

Zoning WHR3YY

Interior

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Flooring Carpet,Laminate,Wood

Fireplaces Type None

Laundry Laundry Room

Exterior

Parking Features Assigned,Covered,Door-Single,Driveway,Garage

Garage Spaces 6.0

Garage Description 6.0

Fence Block,Good Condition

Pool None

Community Features Biking,Curbs,Hiking,Park,Street Lights

Utilities Available Electricity Connected,Natural Gas Connected,Phone Available,Sewer Connected,Water Connected

View Y/N Yes

View City Lights,Neighborhood

Roof Type Composition,Shingle

Building

Lot Description 6-10 Units/Acre,Gentle Sloping,Rectangular Lot

Story 2

Foundation Combination

Sewer Public Sewer

Water Public

New Construction No

Others

Acceptable Financing 1031 Exchange,Submit

Listing Terms 1031 Exchange,Submit

Special Listing Condition Standard

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