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$ 2,625,000
Est. payment | /mo
5,680 SqFt
$ 2,625,000
Est. payment | /mo
5,680 SqFt
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 5,680 sqft
Price per Sqft $462
MLS Listing ID CROC25229306
HOA Y/N No
Year Built 1947
Lot Size 0.747 Acres
Acres 0.75
Property Sub-Type Other
Property Description
This offering consists of five detached single-family homes, each situated on its own parcel, creating a unique balance of stability and flexibility for investors. Two of the residences feature 3 bedrooms and 2 bathrooms, two 3 bedrooms and 1 bath, & one 1 bedroom and 1 bath making them highly attractive to family renters in Whittier where demand for larger units consistently outpaces supply. Each home comes with its own private garage along with additional open parking, offering a clear competitive advantage over typical apartment product. Built in the mid-century era with traditional stucco design, the homes present excellent potential for cosmetic upgrades or modernization, further enhancing long-term value. An additional benefit is that all utilities are paid directly by the residents, minimizing operating expenses for ownership and further strengthening cash flow. The configuration of individually parceled units provides multiple exit strategies: investors may choose to operate the property as a small-scale rental portfolio or take advantage of the ability to sell homes individually at single-family pricing premiums. Located in a desirable South Whittier rental corridor, the properties are surrounded by schools, parks, and neighborhood retail, ensuring steady tenant demand.
Location
State CA
County Los Angeles
Interior
Fireplace No
Laundry Gas Dryer Hookup, Other
Exterior
Utilities Available Other Water/Sewer
Building
Lot Description Back Yard
Water Other
New Construction No
Others
Tax ID 8026012027

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Listed by Mike Marcu • Mike Marcu, Broker
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Debbi DiMaggio Betta
REALTOR | Partner | Lic# 01047447