This well-maintained six-unit apartment complex, built in 1986, is located at the corner of Penn St and Newlin Ave in the highly desirable Uptown Whittier area. With a building size of 4,925 sq. ft. on an 8,856 sq. ft. lot, the property features two buildings: Front building has 2 single-story units, each with 2 bedrooms and 2 bathroom. The back building has 4 townhouse-style units, each with 2 bedrooms and 1.5 bathrooms. Central air and heating with four systems have been upgraded in the recent years. Two-car garage for each unit; total 12 garage parking spaces. Private balconies for each end units. Common area laundry room generate laundry income which split with a laundry service company; owner no need to worry for any maintenance issues . Recent building updates also include fresh exterior paint, two units had newly remodeled kitchens, and a 100 Gal water heater installed 6 years ago. Conveniently located near shops, schools, and churches, the complex attracts long-term tenants! This excellent apartment property with a strong track record of timely rent payments, will be your next perfect investment opportunity for steady rental income and portfolio growth. Note-buyer to cooperated with seller's 1031 exchange.
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List Price | $2,125,000 |
Property Type | Condo/Co-Op |
Usable Sqft | Unknown |
Number of Stories | 2 stories |
Parking Spots | 12 spots |
Year Built | 1986 |
Last Sold | Unknown |
Sold Price | Unknown |
HOA Fees: | $0 |
Association Name: | Unknown |
Association Amenities: | Unknown |
APN # | 8141005029 |
MLS # | WS25013167 |
Property ID | 321201348 |
Lot Sqft | 8,859 |
Zoning | WHC0* |
Total Units | 6 |
Days on Market | 39 |
Original List Price | $2,125,000 |
Date Updated | January 19, 2025 |
Date Created | January 17, 2025 |
JENIFER CHOW an agent of . Lic #01181503
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2708 Wilshire Blvd #197
Santa Monica, CA 90403
California ## 01956587
Florida #CQ1065233
Robert Crawford
REAL ESTATE AGENT