7031 Whittier Avenue
Whittier, CA 90602
0.16 acres | #PW25022797
Description
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.
Property Details
- Lot DescriptionZeroToOneUnitAcre
- Property TypeMulti-Family
- Sewer InformationPublicSewer
- CountyLos Angeles
- Original List Price$1,150,000
- MLS #PW25022797
- MLS #PW25022797
- Property SubtypeApartment
- Cost1150000
- Acres0.1607
- Utility SourcePublic
- Year Built1961
- Stories2
Location
Legal
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Daniel Gomez (#PWGOMDAN)
Listing Office: Younglewin Advisors, Inc. (#PB20845)
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