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.
Property Details
Price:
$1,150,000
MLS #:
PW25022797
Status:
Active Under Contract
Baths:
0
Address:
7031 Whittier Avenue
Type:
Residential Income
Subtype:
Apartment
Neighborhood:
670whittier
City:
Whittier
Listed Date:
Jan 31, 2025
State:
CA
ZIP:
90602
Lot Size:
7,000 sqft / 0.16 acres (approx)
Year Built:
1961
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Schools
Interior
Fireplace Features
None
Exterior
Community Features
Biking, Curbs, Hiking, Park, Sidewalks
Garage Spaces
0.00
Lot Features
0-1 Unit/ Acre
Parking Features
Assigned
Parking Spots
5.00
Pool Features
None
Sewer
Public Sewer
Stories Total
2
Water Source
Public
Financial
Tenant Pays
Electricity, Gas
Map
Community
- Address7031 Whittier Avenue Whittier CA
- Area670 – Whittier
- CityWhittier
- CountyLos Angeles
- Zip Code90602
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7031 Whittier Avenue
Whittier, CA
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