7031 Whittier Avenue
Whittier, CA 90602
Active for $1,150,000
Beds: N/A Baths: N/A Structure Size: N/A sqft Lot Size: 7,000 sqft
MLS | PW25022797 |
Year Built | 1961 |
Property Type | Apartment |
County | Los Angeles |
Status | Active |
Active | $1,150,000 |
Structure Size | N/A sqft |
Lot Size | 7,000 sqft |
Beds | N/A |
Baths | N/A |
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.
Listing information courtesy of: Daniel Gomez, Younglewin Advisors, Inc. 562-318-0214. *Based on information from the Association of REALTORS/Multiple Listing as of 02/12/2025 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.