Whittier, CA 90606,7826 Duchess DR

$2,300,000

Est. payment /mo

$2,500,000

8.0%
Est.Price: ?

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7826 Duchess DR Whittier, CA 90606

0.46 Acres Lot

SOLD DATE : 02/06/2025

Key Details

Sold Price $2,300,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 24436867

Sold Date 02/06/25

HOA Y/N No

Year Built 1949

Lot Size 0.459 Acres

Property Description

The CREM Group is proud to present the exclusive offering of 7826 Duchess Drive in Whittier, CA an 11-unit multifamily property situated on a generous 19,984-square-foot lot. Built in 1949, this property offers a rare investment opportunity with stable returns and substantial rental upside. All units are separately metered for gas and electric, providing utility efficiency, and feature dedicated parking at the rear, accessible via driveways on both sides of the property. The CAP rate based on current income is 6.00% with a market CAP rate of 7.69%, positioned to attract both value-driven investors and those seeking stable cash flow. Located in the desirable city of Whittier, 7826 Duchess Drive benefits from a prime location near numerous local amenities that make it highly appealing to tenants. The property is just minutes from Whittier College, a well-regarded liberal arts institution, and the Whittier Union High School District, known for its strong academic programs and community engagement. Whittier's historic Uptown district, located less than 10 minutes away, offers a vibrant mix of dining, shopping, and entertainment options, including local favorites like The Bottle Room and The 6740, along with unique boutiques and the Whittier Village Cinemas. Whittier offers excellent connectivity to the greater Los Angeles area, with easy access to the 605 Freeway, providing a convenient commute to nearby employment hubs in downtown Los Angeles, Pasadena, and Orange County. The property is also near PIH Health Whittier Hospital, a major healthcare provider in the region, ensuring residents have access to quality medical care. For recreation, residents can enjoy nearby parks such as Hellman Park and Whittier Narrows, offering trails, picnic areas, and sports facilities. With its strategic location, community amenities, and strong local demand for rent al housing, 7826 Duchess Drive is an attractive investment opportunity with potential for both immediate income and long-term value appreciation.

Location

State CA

County Los Angeles

Area 670 - Whittier

Zoning LCPYYY

Interior

Fireplace No

Others

Tax ID 8173002022

Financing Cash,Conventional,FHA,VA

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Mark Cianciulli • The CREM Group
Bought with Subscriber Non • Non-Participant Office
agent

John Vogel

Real Estate Advisor | License ID: DRE 01445571

+1(760) 712-2437

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