We are proud to present Property 2 of 6 within this newly released 47-unit multifamily portfolio, offering investors the opportunity to acquire a well-located asset in the heart of Uptown Whittier. This 5-unit apartment building is ideally positioned just steps from the shops, dining, and entertainment along Greenleaf Avenue, placing it in one of the area's most desirable and walkable rental neighborhoods. Offered for the first time in over five years, the property represents a rare opportunity in a tightly held submarket. The asset features a functional and attractive unit mix with the Front Structure consisting of FOUR spacious 1-bedroom, 1-bathroom units, each featuring a den. The Rear Structure consists of ONE 1-bedroom, 1-bathroom unit with a den, as well as a detached bonus room and an additional bathroom, offering added flexibility and potential for a variety of uses (buyer to verify). This investment opportunity is appealing to a wide tenant base and supports long-term occupancy. The property demonstrates clear pride of ownership, with multiple recent upgrades enhancing both its condition and tenant appeal. Additional amenities include dedicated parking, on-site laundry, and separately metered gas and electricity, contributing to efficient management and reduced operating expenses. A rear unit with private access and an outdoor area further enhances rental desirability. The property also offers potential for ADU development (buyer to verify), providing an opportunity to increase future income. SB721 compliance has already been addressed, and the asset is subject only to California AB 1482, with no local rent control restrictions. This investment presents a compelling combination of stable in-place income and long-term upside potential in a high-demand rental market, with the added flexibility to acquire as an individual asset or as part of the broader 6-property portfolio. Properties do not have to be sold together. ** Check out the property video link.
112 days
|
181
|
8
|
Zillow last checked:
Listing updated:
Listed by:
Shant SherbetdjianDRE # 01713570626-657-8150,
Remax Commercial and Investment Realty213-817-1000
Explore the cost of this home by adjusting the details. Changes won't be saved.
Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.