CA > Whittier
Whittier, CA 90606,7908 Duchess DR
Whittier, CA 90606,7908 Duchess DR
Whittier, CA 90606,7908 Duchess DR
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John Herkenrath

John Herkenrath

+1(310) 221-2910
$1,995,000
Est. payment /mo
16 Beds
12 Baths
8,164 SqFt
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UPDATED:

Key Details

Property Type Single Family Home

Listing Status Pending

Purchase Type For Sale

Square Footage 8,164 sqft

Price per Sqft $244

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 $2,995,000. 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. Priced at $166K per unit and $230/SF, the asset provides a 11 GRM and 5.25% 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

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

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CRMLS – RECore
Listed by Nicholas Petrosian Remax Commercial and Investment Realty
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"John takes great pride in helping his clients through every step of the buying and selling process. Leveraging two decades of experience in pre-construction, new home sales and market sales exclusive representation. his vast knowledge in brokering home sales within luxury communities and new developments has proven invaluable to his clients."

+1(310) 221-2910

johnherkenrath@epiquerealty.com

8383 Wilshire Blvd #800 Beverly Hills CA 90211

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