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$1,625,000
Est. payment /mo
7 Beds
4 Baths
8,176 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID IG26156554
Bedrooms 7
Lot Size 8,176 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
Introducing a rare, well-maintained fourplex in one of Whittier's most sought-after residential corridors. This income-producing property offers a strong unit mix of one 3-bedroom/2-bathroom unit and three 2-bedroom/1-bathroom units, providing investors with dependable cash flow, long-term tenant stability, and meaningful upside potential all in a pride-of-ownership package that's ready for a smooth transition of ownership. This property is well-suited as a 1031 exchange replacement property. Its stabilized income, low deferred maintenance, and hands-off management profile make it an efficient landing spot for investors looking to roll equity out of another property while deferring capital gains, without taking on a heavy value-add project. All four units are occupied by long-term tenants, giving the property an established rental history and minimal turnover. Current rents sit below market, creating a clear and achievable path to increased income over time as leases turn or rents are adjusted, and with no local rent control ordinance in place, owners retain full flexibility to set rents at market rate. The long tenancy and consistent payment history also make this an easy property to self-manage, without the overhead of a professional management company. The building has been consistently cared for and reflects true turn-key condition. Recent improvements include a newer roof, a major capital expense already addressed, and updated kitchens in each of the four units, improving tenant satisfaction and reducing make-ready costs at turnover. A whole-complex water softener sys
Location
State CA
County Los Angeles
Zoning Public Rec
Direction Imperial/breezewood Drive
Interior
Cooling Wall/Window
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 8035018003
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Listed by Kevin Calbert, DRE#01453918 Kevin Calbert, Broker
Nearby School & Business
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