7053 Pickering Ave - Multi-Family FOR SALE


Whittier, CA 90602- Whittier City
$1,200,000 USD
562-266-7629
7053 Pickering Ave, Whittier, CA for Sale
$1,200,000 USD
Multi-Family - FOR SALE
1/9
null | 4.7% Cap Rate

7053 Pickering Ave
Whittier, CA 90602
Whittier City


HIGHLIGHTS

  • • First time ever on the market – Rare opportunity to acquire directly from the original developer
  • • Pride of ownership asset – Well-maintained since construction, never before sold
  • • Desirable unit mix – All 2-bedroom 1.5-bath and 3-bedroom 1.5-bath townhome-style units
  • • Strong in-place rents – Immediate cash flow with stable tenancy
  • • All units feature central HVAC and assigned garage parking

OVERVIEW

First time ever on the market! Rare opportunity to acquire this pride-of-ownership asset, built in 1986 and offered directly from the original developer. The property offers premium amenities, including assigned garage parking and central HVAC. Current rents provide stable cash flow from a strong tenant base, with additional potential to build ADUs. This property is located in the heart of Uptown Whittier, within a 90 Walk Score neighborhood that is walking distance to all the shops, dining, and charm the area is known for. This property would make an excellent addition to any investor’s portfolio.

FOR SALE DETAILS

PRICE

$1,200,000 USD

PRICE/SF

$323 USD /SF

# OF UNITS

4

PRICE/UNIT

$300,000

CAP RATE

4.7%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1986

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

6,801 SF

ZONING

WHCO*

APN/PARCEL ID

8139-027-033

ASK ABOUT THIS PROPERTY

Daniel GomezYoung Lewin AdvisorsMore Info
562-266-7629

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Daniel GomezYoung Lewin AdvisorsMore Info
562-266-7629

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.