CA > Whittier
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
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16 Beds
12 Baths
8,164 SqFt
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7908 Duchess DR Whittier, CA 90606

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Nathan King Real Estate Group

Nathan King Real Estate Group

+1(559) 396-0000

UPDATED:

Key Details

Property 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

HOA Y/N No

Year Built 1958

Lot Size 0.298 Acres

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 670 - Whittier

Zoning R-3-P

Interior

Heating Wall Furnace

Cooling None

Fireplace No

Exterior

Parking Features Detached Carport, One Space

Attached Garage No

Total Parking Spaces 12

Building

Story 2

Entry Level Two

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 8173002024

Special Listing Condition Standard

California Regional MLS (CRMLS)
Listed by Nicholas Petrosian • Remax Commercial and Investment Realty

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Nathan King Real Estate Group

Broker | License ID: 01878277

+1(559) 396-0000

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