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$6,250,000
Est. payment /mo
38 Beds
36 Baths
20,301 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Pending
Purchase Type For Sale
Square Footage 20,301 sqft
Price per Sqft $307
MLS Listing ID 25604053
Bedrooms 38
HOA Y/N No
Year Built 1972
Lot Size 0.493 Acres
Property Description
We are pleased to present, for the first time in over 50 years, a rare 20-unit multifamily investment opportunity located in the rapidly transforming City of Whittier. Built in 1972, this well-maintained property offers an ideal mix of mostly two-story townhome-style apartments, with a total unit composition as follows: (1) Two-Bedroom + 1.75-Bath Manager's Unit, (15) Two-Bedroom + 1.5-Bath Townhome-Style Units, (3) One-Bedroom + One-Bath Units, (1) Three-Bedroom + One-Bath Single-Family Residence (originally built in 1946). The property is professionally managed and features secured entry, a community pool, and an on-site laundry facility. Each unit is equipped with central air and heat, and residents benefit from both garage and open parking options. With a Walk Score of 83 ("Very Walkable"), tenants enjoy convenient access to the retail and dining amenities along Whittier Boulevard. The property has also received numerous recent capital improvements, details available upon request. **SB721 is Completed** Governed only by the AB 1482 statewide rent ordinance (no local rent control), this is an excellent opportunity for investors seeking a stable asset for a portfolio expansion or a strategic 1031 exchange. Don't miss this exceptional offering, contact us today for more information!
Location
State CA
County Los Angeles
Area 670 - Whittier
Zoning WHR4*
Interior
Heating Central
Cooling Central Air
Fireplace No
Laundry Laundry Room
Exterior
Parking Features Garage, Tandem, Uncovered
Garage Spaces 8.0
Garage Description 8.0
Pool See Remarks
Total Parking Spaces 36
Building
Story 3
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 8132029035
Special Listing Condition Standard
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Listed by Shant Sherbetdjian Remax Commercial and Investment Realty
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