CA > Whittier
Whittier, CA 90606,7908 Duchess DR
Whittier, CA 90606,7908 Duchess DR
Whittier, CA 90606,7908 Duchess DR
Whittier, CA 90606,7908 Duchess DR
Whittier, CA 90606,7908 Duchess DR
Whittier, CA 90606,7908 Duchess DR
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Randy Plaice

Randy Plaice

REAL Broker

+1(818) 294-0414
$ 1,995,000
Est. payment | /mo

16 Beds

12 Baths

8,164 SqFt

Save
$ 1,995,000
Est. payment | /mo
Save

16 Beds

12 Baths

8,164 SqFt

Key Details

Property Type Multi-Family

Listing Status Active

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. 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 $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

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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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(818) 294-0414

randy@randyplaice.com

25101 The Old Road Suite 240, Ranch, Ca, 91381, United States

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7908 Duchess DR