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Listed by 562-884-6875 - Spencer Pabst - DRE #01849377 - Pabst, Kinney & Associates 562-987-3244

$4,695,000

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7017 Pickering Avenue Whittier, CA 90602

Apartment Residence

Beds

Baths

11,960 Sq. Ft.

0.49 Acre Lot

Property Activity

Time on Site

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Last updated on 11/15/2024 8:02 PM

Listing Details

Welcome to the Town House of Whittier Apartments! A 24 unit multi-family property located at 7017-7023 Pickering Ave. in Uptown Whittier. Built in 1955, the subject property consists of 11,960 square feet on a 21,559 SF Lot, comprised of (2) separate 12 unit buildings, and a parking lot with 24 surf...ace parking spaces. The unit mix consists of (24) 1bd/1bth units, approximately 425 SF each. Additionally, there is a separate shared laundry room for the property. New electrical sub-panels were installed in 2017, and the entire building was re-plumbed with copper plumbing in 2023, where 12 of the water heaters were also replaced. First time on the market in 50+ years! With current rents below market, the property represents an attractive opportunity for a new owner. The Town House of Whittier Apartments are ideally located in a vibrant and desirable area. One of its key strengths is its close proximity to Uptown Whittier, a lively district known for its historic charm, eclectic mix of shops, restaurants, and entertainment venues. Additionally, the location offers excellent connectivity to major freeways and public transportation, making commutes and travel convenient. This is a great opportunity to acquire a highly desirable multi-family asset in one of the most accessible locations in the city and would a great addition to any investor's portfolio. Continue reading

MLS#

PW24219825

Property Type

Apartment

Status

Active Under Contract

Year Built

1955

Square Feet

11,960 sq. ft

Lot Size

0.49