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$ 11,500,000
Est. payment | /mo
5 Beds
5 Baths
3.63 Acres Lot
$ 11,500,000
Est. payment | /mo
5 Beds
5 Baths
3.63 Acres Lot
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID OC26180269
Bedrooms 5
Lot Size 3.630 Acres
Property Sub-Type Res Income 2-4 Units
Property Description
Whittier West Apartments is a 55-unit multifamily investment opportunity located at 7735 & 7739 Bradwell Avenue in unincorporated Los Angeles County with a Whittier mailing address. The property presents a rare opportunity to pursue a comprehensive value-add strategy at a multifamily asset of this scale and late-1980s vintage. The bulk of the property was constructed in 1988 as a two-story, garden-style community and is complemented by a detached single-family house built in 1950. Whittier West features a unit mix of 14 one-bed/one-bath units, 40 two-bed/two-bath units, and 1 two-bed/two-bath house. Units include private patios or balconies, central air conditioning, ceiling fans, dishwashers, and generous closet space. Community amenities include gated access, a swimming pool and spa, on-site laundry facilities, and ample parking. A new owner may have the opportunity to achieve a substantial increase in rental income through a comprehensive renovation and repositioning program. Potential improvements include upgrading unit interiors, enhancing the pool deck and outdoor furniture, installing built-in stainless-steel BBQs, and refreshing other common-area amenities. Repositioning the propertys branding through a new monument sign and an improved online presence could further strengthen its market position and support efforts to capture higher rents. The scope, timing, cost, and financial results of any improvements would remain subject to market conditions, regulatory requirements, and the new owners execution. Whittier West is situated in the Los Nietos neighborhood, an est
Location
State CA
County Los Angeles
Zoning Assessor
Direction Cross Streets of Bradwell Avenue & Saragosa Street
Interior
Fireplace No
Exterior
Pool Community/Common
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 8176001012
Acceptable Financing Cash, Conventional, Exchange
Listing Terms Cash, Conventional, Exchange
Listed by Tyler Leeson, DRE#01451551 Marcus & Millichap RE Invest
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