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$ 6,900,000
Est. payment /mo
Active Under Contract
7346 Painter AVE Whittier, CA 90602
1.54 Acres Lot
UPDATED:
09/30/2024 06:49 PM
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID SR23103024
HOA Y/N No
Year Built 1964
Lot Size 1.540 Acres
Property Description
**UPDATE** Seller willing to carry the financing at a favorable rate!! Prime Whittier, the Franklin & Painter Ave mixed-use portfolio is a tremendous value add opportunity. The composition of 5 buildings situated contiguously over the 1.6 acres is as follows: 7346 Painter Ave, 7154-7356 & 13410 Franklin St. There is a 4 unit multifamily building, school, church, professional offices, and medical offices. Boasting an outstanding (95) WalkScore the Franklin/Painter portfolio is mere steps from Whittier City Hall, Whittier Public Library, Whittier Courthouse, Whittier College, and a bevy of uptown Whittier’s finest bars and restaurants.
In addition to the immediate rental/leasing upside there property provides both ADU potential and long-term redevelopment potential.
** For offering memorandum or questions, contact Nick Hayner.
In addition to the immediate rental/leasing upside there property provides both ADU potential and long-term redevelopment potential.
** For offering memorandum or questions, contact Nick Hayner.
Location
State CA
County Los Angeles
Area 699 - Not Defined
Interior
Fireplace No
Laundry None
Building
Lot Description 16-20 Units/Acre
Story 2
Water Private
Others
Tax ID 8142003070
Special Listing Condition Standard
Listed by Levon Alexanian • Keller Williams World Media Center • info@alexanianadvisors.com