12630 Penn Street, Whittier, CA 90602
  • MLS#: WS25013167 ( Apartment )
  • Street Address: 12630 Penn Street
  • Viewed: 1
  • Price: $1,980,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1986
  • Bldg sqft: 0
  • Days On Market: 120
  • Additional Information
  • County: LOS ANGELES
  • City: Whittier
  • Zipcode: 90602
  • Provided by: Doubletree Realtors
  • Contact: JENIFER JENIFER
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    **Huge Price Drop! Reduced by $145,000**100% Occupied** This well maintained six unit apartment complex, built in 1986, is located at the corner of Penn St and Newlin Ave in the highly desirable Uptown Whittier area. With a building size of 4,925 sq. ft. on an 8,856 sq. ft. lot, the property features two buildings: Front building has 2 single story units, each with 2 bedrooms and 2 bathroom. The back building has 4 townhouse style units, each with 2 bedrooms and 1.5 bathrooms. 100% occupied. All tenants pay rent on time, it is an easy manage building! Central air and heating with four systems have been upgraded in the recent years. Two car garage for each unit; total 12 garage parking spaces. Private balconies for each end units. The common area includes a laundry room that generates income. The revenue is shared with the laundry company and there's no hassle with machine maintenance. Recent building update also includes fresh exterior paint, two units had newly remodeled kitchens. The Balcony and Stairs inspection has been done with a complete report. A 100 Gal water heater for the whole complex is 6 years new. Conveniently located near Whittier College, Whittier museum, City Hall, PD, churches and many shops, the complex attracts long term tenants! This excellent apartment property with a strong track record of timely rent payments, will be your next perfect investment opportunity for steady rental income and portfolio growth. Note buyer to cooperated with seller's 1031 exchange.
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Features
Association Fee
  1. 0.00
Building Area Total
  1. 4925.00
Commoninterest
  1. Community Apartment
Common Walls
  1. 2+ Common Walls
Cooling
  1. Central Air
Country
  1. US
Days On Market
  1. 112
Electric Expense
  1. 1485.00
Entry Location
  1. 2nd floor
Fuel Expense
  1. 1753.00
Garage Spaces
  1. 12.00
Gardner Expense
  1. 1200.00
Heating
  1. Central
Insurance Expense
  1. 1794.00
Laundry Equipment Own Lease
  1. Lease
Laundry Features
  1. Common Area
Laundry Income
  1. 527.00
Levels
  1. Two
Lockboxtype
  1. None
Lot Features
  1. 6-10 Units/Acre
Netoperatingincome
  1. 0.00
Parcel Number
  1. 8141005029
Pest Control Expense
  1. 800.00
Pool Features
  1. None
Professionalmanagementexpense
  1. 0.00
Property Type
  1. Apartment
Roof
  1. Flat
Sewer
  1. Public Sewer
Sourcesystemid
  1. CRM
Sourcesystemkey
  1. 430538014:CRM
Tenant Pays
  1. Electricity
  2. Gas
Totalexpenses
  1. 0.00
Trash Expense
  1. 3984.00
Water Sewer Expense
  1. 3339.00
Water Source
  1. Public
Year Built
  1. 1986
Year Built Source
  1. Assessor
Zoning
  1. WHC0*