Listed by Mark Cianciulli - DRE #01990266 - The CREM Group 323-347-1009
$2,500,000 affordable loan icon Calculate Payment

7826 Duchess Drive Whittier, CA 90606

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General Commercial Residence
Beds
Baths
6,006 Sq. Ft.
0.46 Acre Lot

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Last updated on 11/15/2024 8:46 PM
The CREM Group is proud to present the exclusive offering of 7826 Duchess Drive in Whittier, CA an 11-unit multifamily property situated on a generous 19,984-square-foot lot. Built in 1949, this property offers a rare investment opportunity with stable returns and substantial rental upside. All unit...s are separately metered for gas and electric, providing utility efficiency, and feature dedicated parking at the rear, accessible via driveways on both sides of the property. The CAP rate based on current income is 6.00% with a market CAP rate of 7.69%, positioned to attract both value-driven investors and those seeking stable cash flow. Located in the desirable city of Whittier, 7826 Duchess Drive benefits from a prime location near numerous local amenities that make it highly appealing to tenants. The property is just minutes from Whittier College, a well-regarded liberal arts institution, and the Whittier Union High School District, known for its strong academic programs and community engagement. Whittier's historic Uptown district, located less than 10 minutes away, offers a vibrant mix of dining, shopping, and entertainment options, including local favorites like The Bottle Room and The 6740, along with unique boutiques and the Whittier Village Cinemas. Whittier offers excellent connectivity to the greater Los Angeles area, with easy access to the 605 Freeway, providing a convenient commute to nearby employment hubs in downtown Los Angeles, Pasadena, and Orange County. The property is also near PIH Health Whittier Hospital, a major healthcare provider in the region, ensuring residents have access to quality medical care. For recreation, residents can enjoy nearby parks such as Hellman Park and Whittier Narrows, offering trails, picnic areas, and sports facilities. With its strategic location, community amenities, and strong local demand for rent al housing, 7826 Duchess Drive is an attractive investment opportunity with potential for both immediate income and long-term value appreciation. Continue reading
MLS#
24436867
Property Type
General Commercial
Status
Active Under Contract
Year Built
1949
Square Feet
6,006 sq. ft
Lot Size
0.46

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Listed by Mark Cianciulli - DRE #01990266 - The CREM Group 323-347-1009
Barbara Lynn Simmons, CALBRE 637579, Xome Inc., CALBRE 1932600, [email protected], 844-400-XOME (9663), 2945 Townsgate Road, Suite 200, Westlake Village, CA 91361

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This content last refreshed on 11/15/2024 8:46 PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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