7346 Painter AVE Pending

Whittier,CA 90602

$ 6900000

- Bed

- Bath

25863 SqFt


Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Pending

Purchase Type For Sale

Square Footage 25,863 sqft

Price per Sqft $266

MLS Listing ID SR23103024

HOA Y/N No

Year Built 1964

Lot Size 1.540 Acres

Acres 1.54

Property Sub-Type Multi Family

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.

Location

State CA

County Los Angeles

Area 699 - Not Defined

Interior

Laundry None

Building

Lot Description 16-20 Units/Acre

Story 2

Water Private

Others

Special Listing Condition Standard

Lease Land No

Confidential INFO

BAC 2.0

LIST AGRMT Exclusive Right To Sell

SHOW CONTACT TYPE Agent

SHOW INSTRUCTIONS DO not go on property on disturb tenants. Contact Nick Hayner nick@alexanianadvisors.com (310) 994-9158.

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