Under Contract

7346 Painter Avenue

Whittier CA, 90602

$6,900,000


$266.79 per sqft

Under Contract

25,863 sqft

Commercial

Built in 1964

Listed by Levon Alexanian with Keller Williams World Media Center 818-239-3500

**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.

SR23103024

MLS ID

June 10, 2023

Listed

March 23, 2024

Updated

Map

7346 Painter Avenue
Whittier CA, 90602

Interior Features

Total Stories

2


Laundry Description

None


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

1.54 Acres


Lot Features

16-20 Units/Acre

Other Property Details

Area Name

699 - Not Defined


Days on Market

185


Garage

No


View

No


County

Los Angeles


Water Source

Private


Pool

No


Buyer Agency Compensation

2%

Listing History

Date

Event

Price

12/12/2023

Under Contract

Listing Contact: 818-239-3500 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 3/23/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 3/23/2024 at 1:18 AM UTC

 

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