Whittier, CA 90606,7908 Duchess Dr
Whittier, CA 90606,7908 Duchess Dr
Whittier, CA 90606,7908 Duchess Dr
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$2,305,000
Est. payment /mo
16 Beds
12 Baths
8,164 SqFt
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UPDATED:

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


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TheMLS (CLAW)
Listed by Remax Commercial and Investment Realty

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Kirshner Elkin Properties

+1(424) 214-0133

hello@kirshnerelkinproperties.com

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