$50K PRICE REDUCTION! A solid opportunity to acquire a fully occupied 3 unit property in a quiet neighborhood in the city of Whittier. This 3 on a lot totals 1,428 SF in size with (3) spacious 1 bedroom 1 bathroom units, each with laundry hookups inside, attached single car garages, and private patio areas. Sitting on a wide corner lot totaling 3,360 SF, the entire property spans corner to alley with over 70’ footage and zoned R4. There is potential to add value by converting the garages to create 2 bedroom units and maximize rents in the future. Well located in Whittier in high rental demand market near tons of retailers & restaurants, Whittier College, and close to 605 freeway access. This won’t last long! ACTUAL 6.0% CAP RATE. 12.3 GRM!
| MLS # | OC26160472 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Pending |
| Year | 1940 |
| Days On Site | 33 |
| Listing Provided By | Nohco Real Estate | Brian Noh |
| SQ Feet | 1,428 |
|---|---|
| Garage | 3 |
| Story(s) | 1 |
| Units | 3 |
| Building(s) | 3 |
| Acreage | 0.08 |
| Cooling | None |
|---|---|
| Heating | Wall Furnace |
| Heating Yes / No | Yes |
| Cooling Yes / No | No |
| Interior Features | Ceiling Fans, All Bedrooms Down, Bedroom On Main Level |
| Appliances | Gas Range, Range Hood, Water Heater |
| Fireplace Yes / No | No |
| Roof | Composition, Shingle |
|---|---|
| Security Features | Carbon Monoxide Detectors, Smoke Detectors |
| Construction Materials | Stucco |
| Foundation Details | Raised |
| Lot Features | Two To Five Units Acre, Corner Lot |
| Fencing | Wood |
| Parking Features | Garage |
|---|---|
| Garage Yes / No | Yes |
| Utilities | Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available |
|---|---|
| Sewer | Public Sewer |
| Community Features | Curbs, Street Lights, Sidewalks |
|---|
| State | CA |
|---|---|
| County | Los Angeles |
| City | Whittier |
| Zip Code | 90601 |
| Area | 670 Whittier |
| Listing VS Median (in 90601) | |
Price: $775,000 low | high Med: $827,500 sqft: 1,428 low | high Med: 1,802 $ / sqft: $543 low | high Med: $474 On site: 33 low | high Med: 51.5 | |
| State | CA |
|---|---|
| County | Los Angeles |
| City | Whittier |
| Zip Code | 90601 |
| Area | 670 Whittier |
| Listing VS Median (in 90601) | |
Price: $775,000 low | high Med: $827,500 sqft: 1,428 low | high Med: 1,802 $ / sqft: $543 low | high Med: $474 On site: 33 low | high Med: 51.5 | |