Whittier, CA 90602,7017 Pickering Avenue
Whittier, CA 90602,7017 Pickering Avenue
Whittier, CA 90602,7017 Pickering Avenue
Whittier, CA 90602,7017 Pickering Avenue
Whittier, CA 90602,7017 Pickering Avenue
Whittier, CA 90602,7017 Pickering Avenue
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$ 4,695,000
Est. payment | /mo

1 Bed

1 Bath

0.49 Acres Lot


Save
$ 4,695,000
Est. payment | /mo
Save

1 Bed

1 Bath

0.49 Acres Lot

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Contingent

Purchase Type For Sale

MLS Listing ID PW24219825

Bedrooms 1

HOA Y/N No

Lot Size 0.495 Acres

Property Description

Welcome to the Town House of Whittier Apartments! A 24 unit multi-family property located at 7017-7023 Pickering Ave. in Uptown Whittier. Built in 1955, the subject property consists of 11,960 square feet on a 21,559 SF Lot, comprised of (2) separate 12 unit buildings, and a parking lot with 24 surface parking spaces. The unit mix consists of (24) 1bd/1bth units, approximately 425 SF each. Additionally, there is a separate shared laundry room for the property. New electrical sub-panels were installed in 2017, and the entire building was re-plumbed with copper plumbing in 2023, where 12 of the water heaters were also replaced. First time on the market in 50+ years! With current rents below market, the property represents an attractive opportunity for a new owner. The Town House of Whittier Apartments are ideally located in a vibrant and desirable area. One of its key strengths is its close proximity to Uptown Whittier, a lively district known for its historic charm, eclectic mix of shops, restaurants, and entertainment venues. Additionally, the location offers excellent connectivity to major freeways and public transportation, making commutes and travel convenient. This is a great opportunity to acquire a highly desirable multi-family asset in one of the most accessible locations in the city and would a great addition to any investor's portfolio.
Welcome to the Town House of Whittier Apartments! A 24 unit multi-family property located at 7017-7023 Pickering Ave. in Uptown Whittier. Built in 1955, the subject property consists of 11,960 square feet on a 21,559 SF Lot, comprised of (2) separate 12 unit buildings, and a parking lot with 24 surface parking spaces. The unit mix consists of (24) 1bd/1bth units, approximately 425 SF each. Additionally, there is a separate shared laundry room for the property. New electrical sub-panels were installed in 2017, and the entire building was re-plumbed with copper plumbing in 2023, where 12 of the water heaters were also replaced. First time on the market in 50+ years! With current rents below market, the property represents an attractive opportunity for a new owner. The Town House of Whittier Apartments are ideally located in a vibrant and desirable area. One of its key strengths is its close proximity to Uptown Whittier, a lively district known for its historic charm, eclectic mix of shops, restaurants, and entertainment venues. Additionally, the location offers excellent connectivity to major freeways and public transportation, making commutes and travel convenient. This is a great opportunity to acquire a highly desirable multi-family asset in one of the most accessible locations in the city and would a great addition to any investor's portfolio.

Location

State CA

County Los Angeles

Area Whittier (90602)

Zoning Assessor

Building

Lot Description Sidewalks

Story 2

Others

Acceptable Financing Cash

Space Rent $1,171

Listing Terms Cash

San Diego Regional MLS (SDMLS)
Listed by Spencer Pabst • Pabst, Kinney & Associates
agent-avatar

+1(619) 606-0700

jay@theleehometeam.com

2015 Birch Rd. Ste 1009., Vista, CA, 91915

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