7336 Pickering Avenue, Whittier, CA 90602

$1,250,000
Sold Price
$1,250,000
List Price
$1,100,000
Closing Date
Jan 28, 2021
Status
CLOSED
MLS#
PW20198159
Year Built
1958
Lot Size
6,999
Acres
0.16
Lot Location
Lawn
Days on Market
15
Property Type
Multifamily
Property Sub Type
Apartment
Stories
Two Levels

Property Description

***OPPORTUNITY KNOCKS***Don’t miss out on this 6-unit apartment property in the beautiful city of Whittier, close to Whittier College, Community Centers, restaurants, shops and Uptown. It is perfect for an investor looking to acquire an apartment property and maximize its income potential. The subject property has all 1 bedroom/1 bath units and offers tenants onsite parking and private laundry facility. All units are separately metered for gas and electricity which keeps landlord operating expenses to a minimum. Current ownership has maintained the rental rates well below the market level and with the right strategy and approach, a new investor can take advantage of a significant repositioning opportunity. This would be a fantastic addition to any investor’s portfolio. This is a must see!

Additional Information

Taxes
$12,000
Pool Description
None
Heat
Wall Furnace
Cooling
Yes
Cooling Description
Wall/Window Unit(s)
Sewer
Public Sewer
Water
Public
Attached Structure
Attached
Number Of Units Total
6
Gross Scheduled Income
$86,100
Operating Expense
6805

Listing courtesy of Listing Agent: Darryl Jones (darrylandjj@gmail.com) from Listing Office: ERA North Orange County.

Listing sold by Darryl Jones from ERA North Orange County

Mortgage Calculator

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.