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$ 4,695,000
Est. payment /mo
Active Under Contract
7017 Pickering AVE Whittier, CA 90602
0.49 Acres Lot
UPDATED:
12/05/2024 05:17 AM
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID PW24219825
HOA Y/N No
Year Built 1955
Lot Size 0.495 Acres
Property Description
Welcome to the Town House of Whittier Apartments! A 24 unit multi-family property located at 7017-7023 Pickering Ave. in Uptown Whittier. Built in 1955, the subject property consists of 11,960 square feet on a 21,559 SF Lot, comprised of (2) separate 12 unit buildings, and a parking lot with 24 surface parking spaces. The unit mix consists of (24) 1bd/1bth units, approximately 425 SF each. Additionally, there is a separate shared laundry room for the property. New electrical sub-panels were installed in 2017, and the entire building was re-plumbed with copper plumbing in 2023, where 12 of the water heaters were also replaced. First time on the market in 50+ years! With current rents below market, the property represents an attractive opportunity for a new owner. The Town House of Whittier Apartments are ideally located in a vibrant and desirable area. One of its key strengths is its close proximity to Uptown Whittier, a lively district known for its historic charm, eclectic mix of shops, restaurants, and entertainment venues. Additionally, the location offers excellent connectivity to major freeways and public transportation, making commutes and travel convenient. This is a great opportunity to acquire a highly desirable multi-family asset in one of the most accessible locations in the city and would a great addition to any investor's portfolio.
Location
State CA
County Los Angeles
Area 670 - Whittier
Zoning WHCO*
Interior
Fireplace No
Laundry Common Area
Exterior
Pool None
Community Features Sidewalks
Private Pool No
Building
Story 2
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 8139027035
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Special Listing Condition Standard
Listed by Spencer Pabst • Pabst, Kinney & Associates • 562-884-6875