Property
Beds
38
Full Baths
None
1/2 Baths
None
Year Built
1972
Sq.Footage
20,301
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. 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!
Features & Amenities
Interior
-
Total Bedrooms
38
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
Central Air
-
Heating YN
YES
-
Heating
Central
-
Pet friendly
N/A
Exterior
-
Garage
Yes
-
Garage spaces
8
-
Parking
Garage, Tandem
-
Pool
Yes
-
Pool Features
See Remarks
Area & Lot
-
Lot Size(acres)
0.4932
-
Property Type
Residential Income
Price
-
Sales Price
$6,250,000
-
Sq. Footage
20, 301
-
Price/SqFt
$307
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Stories
3
-
Senior Community YN
NO
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Location
County
Los Angeles
Elementary School
Middle School
High School
Listing Courtesy of Shant Sherbetdjian , Remax Commercial and Investment Realty
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