We are pleased to present for sale 5 Units in an A+ Location in Uptown Whittier. It is the first time this property is being offered for sale in almost 37 years! A new investor will appreciate this 4,618 square foot building that is located near the intersection of North Painter Avenue and Hadley Street. Being Comprised of mostly 2 Bedroom Units (and 2 Bathrooms in select units), this property has a tremendous value-add component which results in a rental upside potential of +/- 47%. Tenants enjoy the convenience of the on-site laundry room, oversized units as well as covered parking. For almost 4 decades, owners have maintained this trophy investment great pride. There are many capital improvements which include updated interiors, newer windows as well as copper plumbing (horizontal and vertical). The property is within walking distance to Whittier College as well as many shops, restaurants and various businesses on Greenleaf Avenue. Property to be Sold in its "As-Is" Condition, AB1482 rent control applies. Buyer to cooperate with Seller's 1031 Exchange, Seller has already identified their Exchange Upleg.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
