Seller's Agent in 2025
Nicholas Petrosian
RE/MAX
(949) 607-7096
2 in this area
49 Total Sales
PROPERTY IS BEING SOLD WITH ADJACENT 6-UNIT BUILDING, 7914 DUCHESS DRIVE, 18 UNITS IN TOTAL FOR $2,995,000. We are pleased to present 7908 & 7914 Duchess Drive in Whittier, an 18-unit multifamily investment built in 1958 and 1960, spanning two contiguous parcels and featuring a highly desirable unit mix of (10) two-bedroom/one-bath and (8) one-bedroom/one-bath units. Priced at $166K per unit and $230/SF, the asset provides a 11 GRM and 5.25% cap rate on current income, with massive upside in the rental income. Each unit is separately metered for gas and electricity, and the property offers 17 detached carport spaces, 1 open parking space, and an on-site laundry facility. Located near major freeways and retail corridors in a strong rental market, this is a prime value-add opportunity with long-term growth potential. The property is subject to the Los Angeles County Rent Stabilization Program.
Last Agent to Sell the Property
Remax Commercial and Investment Realty License #01462598 Listed on: 05/29/2025
Last Buyer's Agent
Remax Commercial and Investment Realty License #01462598 Listed on: 05/29/2025
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/19/2025 08/19/25 | Sold | $2,000,000 | +0.3% | $245 / Sq Ft |
| 06/17/2025 06/17/25 | Pending | -- | -- | -- |
| 06/11/2025 06/11/25 | Price Changed | $1,995,000 | -13.4% | $244 / Sq Ft |
| 05/29/2025 05/29/25 | For Sale | $2,305,000 | -- | $282 / Sq Ft |
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $7,060 | $3,175,000 | $1,750,000 | $1,425,000 |
| 2024 | $7,060 | $219,154 | $52,128 | $167,026 |
| 2023 | $6,303 | $214,857 | $51,106 | $163,751 |
| 2022 | $6,209 | $210,645 | $50,104 | $160,541 |
| 2021 | $6,068 | $206,516 | $49,122 | $157,394 |
| 2019 | $5,972 | $200,393 | $47,666 | $152,727 |
| 2018 | $5,670 | $196,465 | $46,732 | $149,733 |
| 2016 | $5,348 | $188,838 | $44,918 | $143,920 |
| 2015 | $5,257 | $186,003 | $44,244 | $141,759 |
| 2014 | $5,241 | $182,361 | $43,378 | $138,983 |
Seller's Agent in 2025
Nicholas Petrosian
RE/MAX
(949) 607-7096
2 in this area
49 Total Sales
Source: The MLS
MLS Number: 25545371
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