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.
Property Details
Price:
$2,125,000
MLS #:
WS25013167
Status:
Active
Baths:
0
Address:
12630 Penn Street
Type:
Residential Income
Subtype:
Apartment
Neighborhood:
670whittier
City:
Whittier
Listed Date:
Jan 17, 2025
State:
CA
ZIP:
90602
Lot Size:
8,859 sqft / 0.20 acres (approx)
Year Built:
1986
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Schools
Interior
Cooling
Central Air
Heating
Central
Exterior
Community Features
Sidewalks
Garage Spaces
12.00
Lot Features
6-10 Units/ Acre
Parking Spots
12.00
Pool Features
None
Roof
Flat
Sewer
Public Sewer
Stories Total
2
Water Source
Public
Financial
Association Fee
0.00
Tenant Pays
Electricity, Gas
Map
Community
- Address12630 Penn Street Whittier CA
- Area670 – Whittier
- CityWhittier
- CountyLos Angeles
- Zip Code90602
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12630 Penn Street
Whittier, CA
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