6-Unit Multifamily










We are pleased to present a 6-unit apartment building located in Whittier, California. Built in 1955, the subject property consists of 3,397 rentable square feet spread throughout a 9,204 square foot lot. The buildings consist of a total of four 1-bedroom / 1-bathroom units and two 2-bedroom / 1-bathroom units. It has a pitched roof and contains eight parking spots. Owners enjoy the high demand for rentals in a city in Southern California. Tenants enjoy living in the Michigan Park neighborhood where there are many shops, restaurants, cafes, entertainment venues, and grocery stores. The city of Whittier continues to progress forward and is currently experiencing major redevelopment. The city is currently evaluating a proposed plan that would allow for the potential development in the city of more than 6,000 new housing units over the next 25 years. Whittier sustains its ability to attract renters due to its strong economy and quality of life.

Listing courtesy of Kevin King of Marcus & Millichap

Property Type: Multifamily
Building Size: 3,397 Sq. Ft.
Units: 6
Lot Size: 9,204 Sq. Ft.
Cap Rate: 3.54%
Price: $1,495,000
Price Per Sq Ft: $440.09
Address: 14316 Christine Dr.
City: Whittier
State: CA
Zip: 90605
Status: Closed
Year Built: 1955
Price Per Unit: $249,167
Parking: Spaces