Whittier, CA 90602,12630 Penn Street
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Whittier, CA 90602,12630 Penn Street
Whittier, CA 90602,12630 Penn Street
Whittier, CA 90602,12630 Penn Street
Whittier, CA 90602,12630 Penn Street

$1,860,000

Est. payment /mo

$1,980,000

6.1%
Est.Price: ?

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12630 Penn Street Whittier, CA 90602

8 Beds

8 Baths

8,859 Sqft Lot

SOLD DATE : 06/04/2025

Key Details

Sold Price $1,860,000

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID WS25013167

Sold Date 06/04/25

Bedrooms 8

HOA Y/N No

Lot Size 8,859 Sqft

Property Sub-Type Res Income 2-4 Units

Property Description

**Huge Price Drop! Reduced by $145,000**100% Occupied** 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. 100% occupied. All tenants pay rent on time, it is an easy manage building! 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. The common area includes a laundry room that generates income. The revenue is shared with the laundry company and there's no hassle with machine maintenance. Recent building update also includes fresh exterior paint, two units had newly remodeled kitchens. The Balcony and Stairs inspection has been done with a complete report. A 100 Gal water heater for the whole complex is 6 years new. Conveniently located near Whittier College, Whittier museum, City Hall, PD, churches and many shops, 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.
**Huge Price Drop! Reduced by $145,000**100% Occupied** 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. 100% occupied. All tenants pay rent on time, it is an easy manage building! 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. The common area includes a laundry room that generates income. The revenue is shared with the laundry company and there's no hassle with machine maintenance. Recent building update also includes fresh exterior paint, two units had newly remodeled kitchens. The Balcony and Stairs inspection has been done with a complete report. A 100 Gal water heater for the whole complex is 6 years new. Conveniently located near Whittier College, Whittier museum, City Hall, PD, churches and many shops, 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.

Location

State CA

County Los Angeles

Area Whittier (90602)

Zoning Assessor

Interior

Cooling Central Forced Air

Building

Lot Description Sidewalks

Story 2

Lot Size Range 7500-10889 SF

Level or Stories 2 Story

Others

Monthly Total Fees $211

Acceptable Financing Exchange

Space Rent $2,035

Listing Terms Exchange

Financing Cash

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San Diego Regional MLS (SDMLS)
Listed by JENIFER CHOW • Doubletree Realtors
Bought with Gail Duchetta • Landmark Realty Services
agent

Tadd Bennett

Broker | License ID: 01926503

+1(760) 222-7717

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