$1,625,000

About this home

Don't miss this exceptional opportunity to own a beautifully maintained four-unit quadplex nestled in one of Whittier's most sought-after and rapidly up-and-coming neighborhoods. Lovingly cared for by the same owner for many years, this property truly reflects true pride of ownership, boasting a newer roof, fresh paint throughout, and meticulous upkeep that gives it an undeniable turnkey feel. Each of the four units is occupied by long-term, reliable tenants, offering investors immediate stability, while current rents sitting comfortably under market value present a fantastic value-add opportunity to boost cash flow right from day one. Adding to the income potential, the property features a convenient coin-operated laundry facility, generating extra passive revenue, along with an impressive five garage parking spaces, a rare and highly desirable amenity that tenants love. A whole-property water softener system adds an extra layer of quality and comfort that sets this property apart from typical multifamily offerings. Ideally situated in a charming and rapidly transforming pocket of Whittier, residents enjoy easy access to a growing collection of trendy new restaurants and boutique shops springing up throughout the neighborhood, making this an increasingly desirable location for tenants and future buyers alike. Whether you're a seasoned investor looking to expand your portfolio or searching for a stable, income-producing asset with genuine upside potential, this rare offering combines charm, income, and location in one exceptional package. Please see supplements for market rent anaysis/proposed cap rate. There are no rent increase restrictions.

Facts & features

Location