7-Unit Multifamily

14023 Dicky Street is a seven-unit apartment building in the desirable rental market of Whittier, California. This offering is a great opportunity for an investor to acquire a well-maintained pride-of-ownership building with 55 percent potential upside in rents. 14023 Dickey Street is a two-story building with seven one-bed/one-bath units that are separately metered for gas and electricity. The property boasts a grassy yard, new windows, two two-car garages, six surface parking spaces, and shared laundry facilities. This asset is well-located on a quiet street proximate to schools and one block to a shopping center with a Stater Bros. grocery store and a CVS.

Listing courtesy of Steve Bogoyevac and David O’Keefe of Marcus & Millichap

Property Type: Multifamily
Building Size: 4,352 Sq. Ft.
Units: 7
Lot Size: 7,501 Sq. Ft.
Cap Rate: 3.63%
Price: $1,710,000
Price Per Sq Ft: $392.92
Address: 14023 Dicky St.
City: Whittier
State: CA
Zip: 90605
Status: Active
Year Built: 1956
Price Per Unit: $244,286
Parking: Garage & Open Space
GRM: 17.07