About 7031 Whittier Avenue
Offered for the first time in over 40 years, this well-maintained property consists of a 2-bedroom, 1-bath (SFR) at the front, and a 4-plex in the rear with (2) 2-bed/1bath and (2) 1 bed/1 bath units. Recent updates include exterior paint (2023), a new roof on the 4-plex (2023), and window replacements throughout. This asset offers substantial value-add potential, with a long-term opportunity to increase NOI by over 200%. Each unit has laundry hookups, 1:1 surface parking and the landlord currently covers only water and trash, keeping operating expenses low. The property is positioned for long-term growth in a strong rental market, making it an ideal acquisition for investors seeking steady returns and future appreciation.
Features of 7031 Whittier Avenue
MLS® # | PW25022797 |
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Price | $1,150,000 |
Bedrooms | 3 |
Bathrooms | 2.00 |
Acres | 0.16 |
Type | Residential Income |
Sub-Type | Res Income 2-4 Units |
Status | Closed |
Community Information
Address | 7031 Whittier Avenue |
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City | Whittier |
County | Los Angeles |
State | CA |
Zip Code | 90602 |
Amenities
Is Waterfront | No |
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Has Pool | No |
Pool | N/K |
Interior
Fireplace | Yes |
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Stories | 2 Story |
Exterior
Lot Description | Curbs,Sidewalks |
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Additional Information
Date Listed | January 31st, 2025 |
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Days on Market | 46 |
Zoning | Assessor |
Foreclosure | No |
Short Sale | No |
RE / Bank Owned | No |
Listing Details
Office | Younglewin Advisors, Inc. |
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