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30791105
30791107

3333 Whittier Boulevard, Los Angeles, CA 90023

KW
02241255
STIGLER MORTGAGE
Listed by STIGLER MORTGAGE
$990,000
177 days on market
Updated 9 days ago

3333 Whittier Boulevard

Details
APN 5188004049
Property Type Multifamily
Sub Type Apartment Building
Units 3
Buildings 2
Stories 2
Acreage 0.140
Zoning Assessor

Multifamily | 3 Units

Marketing description

Prime development opportunity at 3333 Whittier Blvdpositioned on a high-visibility corridor with strong traffic counts and long-term growth potential. This property is a rare R3 land which offers an excellent opportunity for developers, builders, and value-add investors seeking to capitalize on a well-located parcel with flexible future use (buyer to verify zoning, density, and permitted uses with the city). The land itself already worth over 900K and planned for multi-familiy. Also, it starts earning rental income from day one with this fully tenant-occupied property while you are waiting for plan check or you want to keep it! Exceptional income-producing property priced below market for a quick sale. This fully tenant-occupied asset offers immediate, stable rental income of approximately $5,600/month All lease are month-to-month lease, making it an ideal opportunity for investors or owner-occupants seeking strong returns. Rent are close to the market but still have room to increase. The property also has a laundry room for extra income. Great value-add opportunity and projected rent can be over $6,700/month. Tenants will be transferred. The property has been professionally managed and well maintained over the past 5 years, with long-term tenants who have consistently paid on time for over a decade. Rents are near market value, with built-in potential for future increases. Property Features: Front home (built in 1923): 3 bedrooms, 1 bathroom Rear duplex: Two units, each with 2 bedrooms and 1 bathroom Spacious backyard with convenient alley access Designated parking for all
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Listing Contacts

KW
02241255
STIGLER MORTGAGE
Listed by STIGLER MORTGAGE

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