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13702 Penn Street
Listed by Angel Moreno with Century 21 Allstars 562-244-9349
$1,600,000

13702 Penn Street

5,124 Sq.Ft. 6,827 Sq.Ft.

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.

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Location

13702 Penn Street, Whittier, CA 90602

Status

Sold

Property Amenities

Interior
Laundry room Laundry Room
Fireplace None
Appliances Gas Range, Water Heater
Flooring Carpet, Laminate, Wood
Other Interior Features Balcony, Tile Counters, Unfurnished, Utility Room
Area & Lot
Total area 5,124 Sq.Ft.
Lot Area 6,827 Sq.Ft.
Living area 5,124 Sq.Ft.
MLS® ID DW25005086
Year Built 1958
View Description City Lights,Neighborhood
Architecture Styles Traditional
Type Condo
Status Sold
Exterior
Stories 2
Pool None
Air conditioning Wall/Window Unit(s)
Heat type Wall Furnace
Disability Features Other, Parking
Water Source Public
Garage Space 6.0
Security Features Carbon Monoxide Detector(s), Security Lights
Sewer Public Sewer
Parking Assigned, Covered, Door-Single, Driveway, Garage
Lot Features 6-10 Units/Acre, Gentle Sloping, Rectangular Lot
Roof Composition, Shingle
Utilities Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
Finance
Sales Price $1,600,000
Maintenance Fee $2,500 monthly

Whittier

Work With Karina

Whether you’re buying your first home, selling a trust property, or navigating a probate sale, my goal is always the same: to provide honest guidance, strong advocacy, and a smooth experience from beginning to end. Real estate is about people, not just properties and I would be honored to help you take your next step.