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Painter Ave and Olive Drive Portfolio 1 Multifamily Properties Offered at $4,163,859 CAD in Whittier, CA
Investment Highlights
- Two-property multifamily portfolio located in the heart of Whittier, providing scale within a strong Los Angeles County rental market
- Zoned residential and situated within a stable, high-demand submarket known for strong occupancy and predictable rent
- Immediate access to Uptown Whittier’s vibrant retail, dining, and entertainment core
Executive Summary
Rare opportunity to acquire two adjacent multifamily properties being sold together, totaling 11 units in a prime Whittier location. Situated near major transportation corridors, employment centers, retail amenities, dining, and schools, the properties offer strong long-term investment fundamentals in one of Southeast Los Angeles County’s most established rental markets.
The property at 13411 Olive Drive features fully remodeled units that are currently vacant, providing a new owner with the immediate opportunity to lease at market rates and maximize income potential from day one. Combined with the existing income stream from the neighboring property at 6710 Painter Avenue, this portfolio offers both current cash flow and significant upside.
Investors will benefit from the flexibility of operating in a market not subject to local rent control, allowing for enhanced rental growth opportunities. With a total of 11 units and substantial rental income potential, this offering presents an exceptional opportunity for portfolio expansion, value enhancement, and long-term wealth creation in a highly desirable Whittier location.
The property at 13411 Olive Drive features fully remodeled units that are currently vacant, providing a new owner with the immediate opportunity to lease at market rates and maximize income potential from day one. Combined with the existing income stream from the neighboring property at 6710 Painter Avenue, this portfolio offers both current cash flow and significant upside.
Investors will benefit from the flexibility of operating in a market not subject to local rent control, allowing for enhanced rental growth opportunities. With a total of 11 units and substantial rental income potential, this offering presents an exceptional opportunity for portfolio expansion, value enhancement, and long-term wealth creation in a highly desirable Whittier location.
Property Facts
| Price | $4,163,859 CAD | Number of Properties | 2 |
| Price / SF | $589.78 CAD / SF | Individually For Sale | 0 |
| Sale Type | Investment | Total Building Size | 7,060 SF |
| Status | Active | Total Land Area | 0.31 AC |
| Price | $4,163,859 CAD |
| Price / SF | $589.78 CAD / SF |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 7,060 SF |
| Total Land Area | 0.31 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 6710 Painter Ave, Whittier, CA 90601 | Multifamily | 7,060 SF | 1952 | - |
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Painter Ave and Olive Drive Portfolio
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