• Asking Price $1,025,000
  • Estimated Value: $1,124,676
  • 12103 BURGESS AVE WHITTIER, CA 90604

  • 4 Beds 2 Baths 1,960 SqFt
  • Townhouse or Condo / Resale (MLS)

Property Details for 12103 BURGESS AVE, WHITTIER, CA 90604

Features

  • Price/sqft: $522
  • Lot Size: 17588 sq. ft.
  • Total Units: 2
  • Total Rooms: 6
  • Room List: Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bathroom 1, Bathroom 2
  • Heating: 6
  • Construction Type: Wood

Facts

  • Year Built: 01/01/1962
  • Property ID: 949269557
  • MLS Number: PW24229029
  • Parcel Number: 8031-030-021
  • Property Type: Townhouse or Condo
  • County: LOS ANGELES
  • Legal Description: TRACT # 10100 LOT/SEC 229
  • Zoning: LCA1*
  • Listing Status: Active

Sale Type

This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.

Description

This listing is NOT a foreclosure. This is an outstanding investment opportunity in a prime location! Situated on a massive 17,000+ sqft lot, this property features two detached units, each offering a 2-bedroom, 1-bathroom layout that is perfect for long-term rental income.nBoth units are in excellent condition with recent updates, including modern laminated flooring, updated kitchens, and bathrooms. Currently, each unit generates a solid monthly income of $2,200, providing a reliable cash flow for investors. The units are spacious, well-maintained, and move-in ready, making them attractive to quality tenants. The property boasts a long, expansive driveway that can comfortably accommodate more than 7 vehicles, which is a rare feature in this area. This ensures ample parking space for tenants or guests and adds to the property's value. Additionally, the lot includes 3 storage units located at the rear of the property. These units are currently being used as living spaces by tenants but will be vacant and restored to their original storage-use status prior to the close of escrow. These storage units provide further potential for rental income down the road, either as additional storage or possibly even converted into more rental units (subject to zoning and permits). The expansive lot provides ample room for future development, expansion, or creative use, offering endless possibilities for the discerning investor. Whether you're looking for steady rental income from the two units or potential future growth from the large lot and storage units, this property represents a fantastic opportunity with substantial upside. Don't miss out on this rare find!

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Property Brokerage: California Regional Multiple Listing Service, Inc
Copyright © 2024 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.



All information provided is deemed reliable, but is not guaranteed and should be independently verified.