Whittier, CA 90601,13447 Bailey St
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Whittier, CA 90601,13447 Bailey St
Whittier, CA 90601,13447 Bailey St
Whittier, CA 90601,13447 Bailey St
Whittier, CA 90601,13447 Bailey St

$1,500,000

Est. payment /mo

$1,500,000

Est.Price: ?

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13447 Bailey St Whittier, CA 90601

9 Beds

8 Baths

4,618 SqFt

SOLD DATE : 10/21/2022

Key Details

Sold Price $1,500,000

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 4,618 sqft

Price per Sqft $324

MLS Listing ID 22-199701

Sold Date 10/21/22

Bedrooms 9

Year Built 1962

Lot Size 6,715 Sqft

Acres 0.1541

Property Sub-Type Multi-Family

Property Description

We are pleased to present for sale 5 Units in an A+ Location in Uptown Whittier. It is the first time this property is being offered for sale in almost 37 years! A new investor will appreciate this 4,618 square foot building that is located near the intersection of North Painter Avenue and Hadley Street. Being Comprised of mostly 2 Bedroom Units (and 2 Bathrooms in select units), this property has a tremendous value-add component which results in a rental upside potential of +/- 47%. Tenants enjoy the convenience of the on-site laundry room, oversized units as well as covered parking. For almost 4 decades, owners have maintained this trophy investment great pride. There are many capital improvements which include updated interiors, newer windows as well as copper plumbing (horizontal and vertical). The property is within walking distance to Whittier College as well as many shops, restaurants and various businesses on Greenleaf Avenue. Property to be Sold in its "As-Is" Condition, AB1482 rent control applies. Buyer to cooperate with Seller's 1031 Exchange, Seller has already identified their Exchange Upleg.

Location

State CA

County Los Angeles

Area Whittier

Zoning WHR4*

Rooms

Other Rooms None

Interior

Heating Other

Cooling Other

Equipment Other

Exterior

Parking Features Covered Parking

Garage Spaces 5.0

Building

Story 2

Others

Special Listing Condition Standard

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TheMLS (CLAW)
Listed by Remax Commercial and Investment Realty
Bought with Century 21 Village Realty
George Salazar

George Salazar

Agent | License ID: 00884017

+1(310) 400-6756

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