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.
8,164 Sq Ft
0.2982 Private Acres Exterior Space
Investment
Built in 1958
MLS/Listing ID 25545371
2 Stories
12 Units
Listing Courtesy of REMAX COMMERCIAL AND INVESTMENT REALTY, NICHOLAS PETROSIAN - 949-607-7096
Source of Data: THE MLS