7031 Whittier Ave - Apartments FOR SALE


Whittier, CA 90602
$1,150,000 USD
562-266-7629
7031 Whittier Ave, Whittier, CA for Sale
$1,150,000 USD
Apartments - FOR SALE
1/12
null | Request Cap Rate

7031 Whittier Ave
Whittier, CA 90602


HIGHLIGHTS

  • Value-Add - Potential 200% increase in NOI
  • Exterior Paint (2023)
  • New Roof on 4-Plex - (2023)
  • 5 Surface Parking Spaces - 1:1 Ratio
  • Window Replacements Throughout
  • In-Unit Laundry Hook Ups

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$1,150,000 USD

PRICE/SF

$341 USD /SF

# OF UNITS

5

PRICE/UNIT

$230,000

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1961

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

7,000 SF

ZONING

-

APN/PARCEL ID

8140-029-022

ASK ABOUT THIS PROPERTY

Daniel GomezYoung Lewin AdvisorsMore Info
562-266-7629

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Daniel GomezYoung Lewin AdvisorsMore Info
562-266-7629

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.