7017 Pickering Avenue

Whittier, CA 90602

$4,695,000
Price
1
Beds
24
Baths
11,960 Sq. Ft.
$393 / Sq. Ft.
11,960
Sq. Ft.
$393
per Sq. Ft.

Description

Welcome to the Town House of Whittier Apartments! A 24 unit multi-family property located at 7017-7023 Pickering Ave. in Uptown Whittier. Built in 1955, the subject property consists of 11,960 square feet on a 21,559 SF Lot, comprised of (2) separate 12 unit buildings, and a parking lot with 24 surface parking spaces. The unit mix consists of (24) 1bd/1bth units, approximately 425 SF each. Additionally, there is a separate shared laundry room for the property. New electrical sub-panels were installed...Welcome to the Town House of Whittier Apartments! A 24 unit multi-family property located at 7017-7023 Pickering Ave. in Uptown Whittier. Built in 1955, the subject property consists of 11,960 square feet on a 21,559 SF Lot, comprised of (2) separate 12 unit buildings, and a parking lot with 24 surface parking spaces. The unit mix consists of (24) 1bd/1bth units, approximately 425 SF each. Additionally, there is a separate shared laundry room for the property. New electrical sub-panels were installed in 2017, and the entire building was re-plumbed with copper plumbing in 2023, where 12 of the water heaters were also replaced. First time on the market in 50+ years! With current rents below market, the property represents an attractive opportunity for a new owner. The Town House of Whittier Apartments are ideally located in a vibrant and desirable area. One of its key strengths is its close proximity to Uptown Whittier, a lively district known for its historic charm, eclectic mix of shops, restaurants, and entertainment venues. Additionally, the location offers excellent connectivity to major freeways and public transportation, making commutes and travel convenient. This is a great opportunity to acquire a highly desirable multi-family asset in one of the most accessible locations in the city and would a great addition to any investor's portfolio.
  1. Listed by Spencer Pabst • DRE #01849377 • Brokerage DRE #00858534 • Pabst, Kinney & Associates • 562-884-6875

Property Details for 7017 Pickering Avenue

Parking Spaces Total
0
Private Pool
No
Total Units
24.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
11960
Assessor Parcel Number
8139-027-035
Property Attached YN
true
LISTING UPDATED: 10/23/2024 09:57 AM

Property Details for 7017 Pickering Avenue

StatusActive
MLS #PW24219825
Days on Market9
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1955
CountyLos Angeles County

Building Information for 7017 Pickering Avenue

Building/Complex7017 Pickering AveFloor-Stories2Residences-Pet Policy-Year Built1955Building Size-

Property Information for 7017 Pickering Avenue

Income / Expense / Tax Details
Income Details
  • Gross Income: $337,320
  • Gross Scheduled Income: $337,320
  • Net Operating Income: $337,320
  • Laundry Income: $225
Expense Details
  • Operating Expense: $0
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $0
  • Professional Management Expense: $0
  • Trash Expense: $0
  • Water Sewer Expense: $0
  • Total Expenses: $0
Tax / Assessment Info
  • Tax Tract Number: 5014
  • Tax Census Tract: 5014.00
  • CFD/Mello-Roos Fee: $0
  • Tax Lot: 21
Community / Development
Community / Development
  • Community Features: Sidewalks
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Common Area, Community
Exterior Features
  • Entry Location: 1
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: Lot 20000-39999 Sqft
  • Number Of Units: 24
  • Land Lease: No
  • Land Lease Type: Fee
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking Garage Spaces: 0
  • Carport Spaces: 0
Unit Information
Unit 1
  • Unit Type Units Total: 24
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,171
  • Unit Type Total Rent: $28,110
  • Unit Type Pro Forma: 1600
  • Unit Type Type: 1
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 27
  • Number Of Separate Gas Meters: 25
  • Number Of Separate Water Meters: 2

Property History for 7017 Pickering Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 7017 Pickering Avenue

Taxable ValueLand$292,840Additions$685,262Total$978,102
Tax Record2024$16,643 ($1,387 / month)
Home Facts
Total Finished SqFt5,980 SqFtAbove Grade Finished SqFt5,980 SqFtLot Size21,553 SqFtStyleMulti-Family Res (5+ Units)Year Built1955ZoningWHCO*CountyLOS ANGELESAPN8139-027-035

Schools near 7017 Pickering Avenue

This home is within Whittier City Elementary School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Christian Sorensen Elementary School
PublicK to 5

Katherine Edwards Middle School
Public6 to 8

Whittier High School
Public9 to 12

Sierra Vista High (Alternative) School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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7017 Pickering Avenue is a multi-family home for sale in Whittier, CA 90602. This property was listed for sale on October 23, 2024 by Pabst, Kinney & Associates, it's currently listed at $4,695,000. This listing's school districts are Whittier City Elementary School District, Whittier Union High School District. Nearby schools include Christian Sorensen Elementary School, Katherine Edwards Middle School and Whittier High School. 7017 Pickering Avenue is a 1-bed, 24-bath, 11,960 sqft multi-family home built in 1955.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Pabst, Kinney & Associates, Spencer Pabst, DRE #01849377

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.