2 Single Family Homes | Uptown Whittier 6716 Whittier Ave 2 Unit Apartment Building $950,000 ($475,000/Unit) 4.73% Cap Rate Whittier, CA 90601

We are pleased to present a desirable 2-On-A-Lot in Great Pocket of Uptown Whittier sitting on a Large 7,503 square foot lot zoned WHR3. It is the first time this property has been offered for sale in 43 years (just over 4 Decades). A great Whittier location, and across the street from Whittier High School plus, minutes to Whittier College. This listing offers a spacious 2-Bed + 1-Bath single-family home (approximately 992 square feet, built in 1914) and an additional unit of a 3-Bed + 2.5-Bath two-story townhome-style unit (approximately 1,672 square feet, built in 1986).With low operating expenses, and utilities being separately metered for gas and electricity this allows the owner minimal landlord expenses. The property is a short distance to shops and restaurants in Uptown Whittier as well as the New Whittier Groves neighborhood and adjacent to the prestigious College Hills. This community-focused atmosphere is a 'Walker's Paradise" that garners a 93 Walk-Score. In addition to the many benefits this property offers, the potential investor can take advantage of the residential financing opportunity. This is considered the City of Whittier where it is only subject to the statewide AB1482 rent ordinance (and no local rent control), offering the buyer rental upside potential. Property is located in Uptown Whittier, across the street from Whittier High School; and situated on the corner of Bailey Street and Whittier Avenue. Nearest major intersection of Pickering avenue and Philadelphia Street. Please note, both units are tenant occupied, do not disturb occupants, please do not walk on the property or engage with tenants regarding the property, they are not aware of sale, direct all questions to the listing agent. For more information and to obtain a full marketing package (including rent roll, income/expense breakdown), please either call/text/email the listing agent.