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Proudly offered by the original owners, this 12-unit apartment building presents an excellent investment opportunity in Whittier, CA. Built in 1985, the newer construction property is 100% occupied and features a desirable unit mix consisting of (2) one-bedroom/one-bath units, (4) two-bedroom/two-bath units, and (6) three-bedroom units with a combination of one- and two-bath layouts. All units offer central air and heat and attached garages, with most units featuring two-car garages. The property delivers a strong 5.5% cap rate on current rents and offers significant parking with a low-maintenance layout. Recent capital improvements include a new roof installed approximately four years ago and six units renovated within the same timeframe. An updated one-bedroom/one-bath unit was just leased in December, 2025 at $2,000 per month, highlighting rental upside. Additional income is generated through a laundry room with landlord-owned equipment, including two washers and two dryers. The property also benefits from an assumable first trust deed of $2,188,000 at a fixed 6.82% interest rate through 7/1/2029. Conveniently located with excellent access to major freeways and public transportation, this asset offers strong tenant demand and long-term stability. This is a rare opportunity to acquire a high-quality multifamily investment in a prime Whittier location and a valuable addition to any investor's portfolio.
Property Type(s):
Residential Income
| Last Updated | 6/18/2025 | Year Built | 1985 |
|---|---|---|---|
| Community | 670 - Whittier | Garage Spaces | 20.0 |
| County | Los Angeles |
Price History
| Prior to Jun 18, '25 | $4,347,000 |
|---|---|
| Jun 18, '25 - Today | $4,185,000 |
Additional Details
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Disposal |
| AREA | 670 - Whittier |
| GARAGE | Yes |
| HEAT | Forced Air |
| LOT | 0.3169 acre(s) |
| LOT DESCRIPTION | Back Yard, Level |
| LOT DIMENSIONS | 81 X 160/190 |
| PARKING | Assigned, Concrete, Direct Access, Garage |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 2 |
| STYLE | Ranch |
| TAXES | 13101 |
| UTILITIES | Electricity Connected, Natural Gas Connected, Sewer Connected |
| VIEW DESCRIPTION | None |
| WATER | Public |
Location
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Listed with Berkshire Hathaway HomeService
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
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