13702 Penn Street

$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

Date Sold

April 23, 2025

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

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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.

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$1,600,000