12630 Penn Street

Whittier, CA 90602

PRICE REDUCED

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-$145,000 (-6.82%)

$1,980,000

List Price

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1986

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Property Description

**Huge Price Drop! Reduced by $145,000** This well-maintained six-unit apartment complex, built in 1986, is located at the corner of Penn St and Newlin Ave in the highly desirable Uptown Whittier area. With a building size of 4,925 sq. ft. on an 8,856 sq. ft. lot, the property features two buildings: Front building has 2 single-story units, each with 2 bedrooms and 2 bathroom. The back building has 4 townhouse-style units, each with 2 bedrooms and 1.5 bathrooms. 100% occupied. All tenants pay rent on time, it is an easy manage building! Central air and heating with four systems have been upgraded in the recent years. Two-car garage for each unit; total 12 garage parking spaces. Private balconies for each end units. The common area includes a laundry room that generates income. The revenue is shared with the laundry company and there's no hassle with machine maintenance. Recent building update also includes fresh exterior paint, two units had newly remodeled kitchens. The Balcony and Stairs inspection has been done with a complete report. A 100 Gal water heater for the whole complex is 6 years new. Conveniently located near shops, schools, and churches, the complex attracts long-term tenants! This excellent apartment property with a strong track record of timely rent payments, will be your next perfect investment opportunity for steady rental income and portfolio growth. Note-buyer to cooperated with seller's 1031 exchange.

Listing Information

List Price $1,980,000
Status Active
MLS WS25013167
HOA $0
Type Residential Income
Subtype Apartment
Year Built 1986
Lot Size 8,859
Structure Size N/A
DOM 77
Courtesy Of Doubletree Realtors
Listing Agent JENIFER CHOW DRE#01181503

Interior Features

Laundry Information
Location(s) Common Area
Bedroom Information
Features All Bedrooms Up
Total Bedroom
Bedrooms N/A
Total Bathroom
Bathrooms N/A
Additional Information
Additional Features All Bedrooms Up
Cooling Type
Cooling Type Central Air
Heating Type
Heating Type Central

Maps

home_work Nearby Properties

Listing information courtesy of: JENIFER CHOW, Doubletree Realtors 626-552-4188. *Based on information from the Association of REALTORS/Multiple Listing as of Apr 6th, 2025 at 5:54 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.