Whittier, CA 90606,7816 Duchess DR
Whittier, CA 90606,7816 Duchess DR
Whittier, CA 90606,7816 Duchess DR
8
$1,125,000
$1,125,000
Est.Price: ?

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0.26 Acres Lot

7816 Duchess DR Whittier, CA 90606

Est. payment /mo
SOLD DATE : 06/27/2024

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Key Details

Sold Price $1,125,000

Property Type Condo

Sub Type Apartment

Listing Status Sold

Purchase Type For Sale

MLS Listing ID CV24036102

Sold Date 06/27/24

HOA Y/N No

Year Built 1958

Lot Size 0.256 Acres

Property Description

Just Listed! Exceptional Investment Opportunity in Whittier - We are pleased to exclusively offer for sale this unique multi-family residential offering for discerning investors. Featuring all single-story construction, this well-maintained property comprises 2 charming detached cottages and 1 duplex (no common walls), blending comfort with convenience. The diverse unit mix includes two 2-bedroom/1-bathroom units and two 1-bedroom/1-bathroom units, catering to a range of tenant preferences. Each unit boasts its own garage parking, ensuring ample space for tenants' vehicles, and private laundry hookups, adding a highly sought-after amenity that enhances the living experience. A notable advantage for investors is the utility arrangement; tenants are responsible for their own electricity and gas payments, which helps in keeping the operating expenses in check for the property owner. Furthermore, the property showcases a tremendous potential upside in rental income, with the possibility of increasing current rents by up to 50% (buyer and buyer's agent to verify any local rent control ordinances.) This presents a significant opportunity for investors looking to maximize their returns in a desirable location.

Location

State CA

County Los Angeles

Area 670 - Whittier

Zoning LCR2YY

Interior

Fireplace No

Laundry Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup, Inside

Exterior

Garage Spaces 2.0

Garage Description 2.0

Pool None

Community Features Curbs, Gutter(s), Sidewalks

Total Parking Spaces 8

Private Pool No

Building

Lot Description 2-5 Units/Acre

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 8173002012

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Financing Cash to New Loan

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Kristopher German • RE/MAX 2000 REALTY • 909-645-0443
Bought with Jaime Sutachan • South Bay Executive Realty, Inc.

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Kelly Corsino

Agent | License ID: 01704102

+1(949) 229-0019

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