Whittier, CA 90606,7908 Duchess Drive
$2,000,000
Est. payment /mo
$1,995,000
0.3%
Est.Price: ?

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8,164 SqFt
SOLD DATE : 08/19/2025

Key Details

Sold Price $2,000,000

Property Type Commercial

Sub Type Other

Listing Status Sold

Purchase Type For Sale

Square Footage 8,164 sqft

Price per Sqft $244

MLS Listing ID CL25545371

Sold Date 08/19/25

HOA Y/N No

Year Built 1958

Lot Size 0.298 Acres

Acres 0.3

Property Sub-Type Other

Property Description

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. 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.

Location

State CA

County Los Angeles

Zoning R-3-

Interior

Heating Wall Furnace

Cooling None

Fireplace No

Building

New Construction No

Others

Tax ID 8173002024

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Bridge MLS
Listed by Nicholas Petrosian • Remax Commercial and Investment Realty
Bought with NicholasPetrosian

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