PRICE REDUCED !! 4-PLEX OPPORTUNITY! Great Property! Gross Income $125,820, NOI $99,744 ! Starting cap rate is appx. 5.50% 4 INDIVIDUAL HOMES on almost 3/4 acre lot! Great Income Investment property with HUGE POTENTIAL to add ADU's! See attached link for pre-approved LA County ADU PLANS. Each home has their own backyard. 3 homes have a 1 car garage. Property has been well maintained and is a CASH COW. Total gross rents are $10,485/month. Each home features 2 bedrooms/1 bath. All units have been upgraded. All have newer kitchens, bathrooms, windows, flooring, wall heater, electrical panels, newer garage doors. All units are individually metered for all utilities. Tenants pay all utilities, water, trash, gas, electricity. Over $160,000 in improvements have been made in the last 7 years. All units have their own washer/dryer hookups. This is a great opportunity. https://planning.lacounty.gov/planning-permits/accessory-dwelling-units/
| MLS # | TR26013364 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1955 |
| Days On Site | 229 |
| Listing Provided By | Executive Plus Realty | Cherie Pondoff |
| SQ Feet | 3,097 |
|---|---|
| Garage | 3 |
| Story(s) | 1 |
| Units | 4 |
| Building(s) | 4 |
| Acreage | 0.68 |
| Cooling | None |
|---|---|
| Heating | None |
| Heating Yes / No | No |
| Cooling Yes / No | No |
| Fireplace Yes / No | No |
| Roof | Composition |
|---|---|
| Lot Features | Two To Five Units Acre |
| Fencing | Chain Link |
| Parking Features | Door Single, Garage |
|---|---|
| Garage Yes / No | Yes |
| Sewer | Public Sewer |
|---|
| Community Features | Street Lights, Sidewalks |
|---|
| State | CA |
|---|---|
| County | Los Angeles |
| City | Whittier |
| Zip Code | 90605 |
| Area | 670 Whittier |
| Listing VS Median (in 90605) | |
Price: $1,799,000 low | high Med: $849,950 sqft: 3,097 low | high Med: 1,933 $ / sqft: $581 low | high Med: $443 On site: 229 low | high Med: 295.5 | |
| State | CA |
|---|---|
| County | Los Angeles |
| City | Whittier |
| Zip Code | 90605 |
| Area | 670 Whittier |
| Listing VS Median (in 90605) | |
Price: $1,799,000 low | high Med: $849,950 sqft: 3,097 low | high Med: 1,933 $ / sqft: $581 low | high Med: $443 On site: 229 low | high Med: 295.5 | |
![]() | $1,750,00012321 Painter AvenueWhittier, CA 90605 |