|
Proudly offered by the original owners, this 12-unit apartment building presents an excellent investment opportunity in Whittier, CA. Built in 1985, the newer construction property is 100% occupied and features a desirable unit mix consisting of (2) one-bedroom/one-bath units, (4) two-bedroom/two-bath units, and (6) three-bedroom units with a combination of one- and two-bath layouts. All units offer central air and heat and attached garages, with most units featuring two-car garages. The property delivers a strong 5.5% cap rate on current rents and offers significant parking with a low-maintenance layout. Recent capital improvements include a new roof installed approximately four years ago and six units renovated within the same timeframe. An updated one-bedroom/one-bath unit was just leased in December, 2025 at $2,000 per month, highlighting rental upside. Additional income is generated through a laundry room with landlord-owned equipment, including two washers and two dryers. The property also benefits from an assumable first trust deed of $2,188,000 at a fixed 6.82% interest rate through 7/1/2029. Conveniently located with excellent access to major freeways and public transportation, this asset offers strong tenant demand and long-term stability. This is a rare opportunity to acquire a high-quality multifamily investment in a prime Whittier location and a valuable addition to any investor's portfolio.
| DAYS ON MARKET | 328 | LAST UPDATED | 6/18/2025 |
|---|---|---|---|
| YEAR BUILT | 1985 | COMMUNITY | 670 - Whittier |
| GARAGE SPACES | 20.0 | COUNTY | Los Angeles |
| STATUS | Active | PROPERTY TYPE(S) | Residential Income |
| PRICE HISTORY | |
| Prior to Jun 18, '25 | $4,347,000 |
|---|---|
| Jun 18, '25 - Today | $4,185,000 |
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Disposal |
| AREA | 670 - Whittier |
| GARAGE | Yes |
| HEAT | Forced Air |
| LOT | 0.3169 acre(s) |
| LOT DESCRIPTION | Back Yard, Level |
| LOT DIMENSIONS | 81 X 160/190 |
| PARKING | Assigned, Concrete, Direct Access, Garage |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 2 |
| STYLE | Ranch |
| TAXES | 13101 |
| UTILITIES | Electricity Connected, Natural Gas Connected, Sewer Connected |
| VIEW DESCRIPTION | None |
| WATER | Public |
TOTAL MONTHLY PAYMENT
| SATELLITE VIEW |
| / | |
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 3/16/26 7:42 AM PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
This IDX solution is (c) Diverse Solutions 2026.