7908 Duchess Dr new Save Request In-Person Tour Request Virtual Tour
Whittier,CA 90606
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 8,164 sqft
Price per Sqft $282
MLS Listing ID 25545371
Bedrooms 16
Year Built 1958
Lot Size 0.298 Acres
Acres 0.2982
Property Sub-Type Multi-Family
Property Description
PROPERTY IS BEING SOLD WITH ADJACENT 6-UNIT BUILDING, 7914 DUCHESS DRIVE, 18 UNITS IN TOTAL FOR $3,600,000. We are pleased to present 7908 & 7914 Duchess Drive in Whittier, an 18-unit multifamily investment built in 1958 and 1960, spanning two contiguous parcels and featuring a highly desirable unit mix of (10) two-bedroom/one-bath and (8) one-bedroom/one-bath units. The offering includes a 12-unit building zoned R-3-P and an adjacent 6-unit building operating under legal non-conforming status within C-2-BE zoning. Priced at $200K per unit and $277/SF, the asset provides a 13.23 GRM and 4.02% cap rate on current income, with massive upside in the rental income. Each unit is separately metered for gas and electricity, and the property offers 17 detached carport spaces, 1 open parking space, and an on-site laundry facility. Located near major freeways and retail corridors in a strong rental market, this is a prime value-add opportunity with long-term growth potential. The property is subject to the Los Angeles County Rent Stabilization Program.
Location
State CA
County Los Angeles
Area Whittier
Zoning R-3-P
Rooms
Other Rooms None
Interior
Heating Wall
Cooling None
Equipment None
Exterior
Parking Features Carport Detached, Parking Space
Garage Spaces 12.0
Building
Story 2
Level or Stories Two
Others
Special Listing Condition Standard