$1,125,000 Price Analysis   ♡   Whittier, CA 90606 6 bed 4 bath 2,900 SqFt ($387/SqFt) 0.26 acre lot. Built 1958 Listed 2024-02-24, Taxes $8,732 | Ⓧ USDA Ineligible due to price & location near Whittier |
Just Listed!
* Sale Pending *Exceptional Investment Opportunity in Whittier - We are pleased to exclusively offer for sale this unique multi-family residential offering for discerning investors. Featuring all single-story construction, this well-maintained property comprises 2 charming detached cottages and 1 duplex (no common walls), blending comfort with convenience. The diverse unit mix includes two 2-bedroom/1-bathroom units and two 1-bedroom/1-bathroom units, catering to a range of tenant preferences. Each unit basts its own garage parking, ensuring ample space for tenants' vehicles and private laundry hookups, adding a highly sought-after amenity that enhances the living experience.
A n otable advantage for investors is the utility arrangement; tenants are responsible for their own electricity and gas payments, which helps in keeping the operating expenses in check for the property owner. Furthermore, the property showcases a tremendous potential upside in rental income, with the possibility of increasing current rents by up to 50% (buyer and buyer's agent to verify any local rent control ordinances.) This presents a significant opportunity for investors looking to maximize their returns in a desirable location.
Presented by Kristopher German at
RE/MAX 2000 REALTY.
Property MLS #CV24036102 from CRMLS
Lot Size Acres: 0.2564
Lot Size Source: Assessor
Lot Size Square Feet: 11168
Parking Total: 8
Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 2
Bedrooms in Unit-3: 1
Bedrooms in Unit-4: 1
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 1
Total Bathrooms in Unit-4: 1
Unit-1 Garage Spaces: 1
Unit-2 Garage Spaces: 1
Unit-3 Garage Spaces: 1
Unit-4 Garage Spaces: 1
Vacancy Allowance: 1966
Rent Control: Yes
County: Los Angeles
Source Property Type: Residential Income
Insurance Expense: 1160.00
Area: 670 - Whittier
Source Neighborhood: 670 - Whittier
New Taxes Expense: 12619.00
Number of Separate Electric Meters: 4
Number of Separate Gas Meters: 4
Number of Separate Water Meters: 1
Parcel Number: 8173002012
Postal Code Plus 4: 2209
Zoning: LCR2YY
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $246,045 + $404,302 $650,347 | $8,732 |
| 2021 | $241,221 + $396,375 $637,596 | $8,553 |
| 2020 | $238,748 + $392,311 $631,059 | $8,487 |
| 2019 | $234,067 + $384,619 $618,686 | $8,409 |
| 2018 | $229,478 + $377,078 $606,556 | $8,126 |
| 2017 | $224,979 + $369,685 $594,664 | $7,936 |
| 2016 | $220,568 + $362,437 $583,005 | $7,804 |
| 2015 | $217,255 + $356,993 $574,248 | $7,645 |
| 2014 | $136,886 + $358,017 $494,903 | $6,766 |
| 2013 | $136,268 + $356,399 $492,667 | $6,692 |
| 2012 | $133,597 + $349,411 $483,008 | $6,439 |
| 2010 | $130,978 + $342,560 $473,538 | $7,287 |
| 2009 | $194,400 + $466,600 $661,000 | $8,323 |
| 2009 | $160,000 + $400,000 $560,000 | $8,323 |
| 2008 | $255,000 + $612,000 $867,000 | $10,483 |
| 2007 | $250,000 + $600,000 $850,000 | $11,071 |
$1,125,000
CRMLS
Sold 2014-01-21
$591,500
Public Record
Listing removed 2013-12-20
$350,000
CRMLS
Relisted 2013-10-24
$350,000
CRMLS
Listing removed 2013-08-23
$350,000
CRMLS
Listed 2013-08-21
$350,000
CRMLS
Listing removed 2008-04-06
$950,000
SoCalMLS
Listed 2008-03-31
$950,000
SoCalMLS
Sold 2006-07-11
$850,000
Public Record
Sold 2006-07-10
$850,000
Public Record
Sold 1997-10-24
$200,000
Public Record
Year Built: 1958
Building Features: 3
Common Walls: 2+ Common Walls
Entry Level: 1
Entry Location: 1
Property Age: 66
Property Attached: Yes
Levels or Stories: One
Building Total Stories: 1
Structure Type: Apartment
Year Built Source: Assessor
Water Source: Public
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.