12
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$1,150,000
Est. payment /mo
7,000 Sqft Lot
Active Under Contract
7031 Whittier AVE Whittier, CA 90602
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UPDATED:
02/15/2025 02:43 AM
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID PW25022797
HOA Y/N No
Year Built 1961
Tax Year 2025
Lot Size 7,000 Sqft
Property Sub-Type Apartment
Property Description
Offered for the first time in over 40 years, this well-maintained property consists of a 2-bedroom, 1-bath (SFR) at the front, and a 4-plex in the rear with (2) 2-bed/1bath and (2) 1 bed/1 bath units. Recent updates include exterior paint (2023), a new roof on the 4-plex (2023), and window replacements throughout.
This asset offers substantial value-add potential, with a long-term opportunity to increase NOI by over 200%. Each unit has laundry hookups, 1:1 surface parking and the landlord currently covers only water and trash, keeping operating expenses low.
The property is positioned for long-term growth in a strong rental market, making it an ideal acquisition for investors seeking steady returns and future appreciation.
This asset offers substantial value-add potential, with a long-term opportunity to increase NOI by over 200%. Each unit has laundry hookups, 1:1 surface parking and the landlord currently covers only water and trash, keeping operating expenses low.
The property is positioned for long-term growth in a strong rental market, making it an ideal acquisition for investors seeking steady returns and future appreciation.
Location
State CA
County Los Angeles
Area 670 - Whittier
Zoning WHR4*
Interior
Fireplaces Type None
Fireplace No
Laundry Inside
Exterior
Parking Features Assigned
Pool None
Community Features Biking, Curbs, Hiking, Park, Sidewalks
Total Parking Spaces 5
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 8140029022
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition Standard
Listed by Daniel Gomez • Younglewin Advisors, Inc. • 562-266-7629
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