3333 Whittier Boulevard, Los Angeles, CA 90023
Local realty services provided by:Better Homes and Gardens Real Estate Reliance Partners
3333 Whittier Boulevard,Los Angeles, CA 90023
$999,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: ken wong
Office: stigler mortgage
MLS#:CV25264445
Source:MLSListings
Price summary
- Price:$999,000
About this home
CAP RATE 5.5%. GRM 14.28. New owner can use the laundary room to increase the CAP RATE to over 6%. The only GEM in the area close to East LA and Downtown with existing cap rate over 5%, not in city terrace with low rental return! Prime development opportunity — positioned 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 a...
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Home facts
- Year built:1922
- Listing ID #:CV25264445
- Added:285 day(s) ago
- Updated:September 22, 2026 at 04:48 PM
Heating and cooling
- Cooling:Window/Wall Unit
- Heating:Wall Furnace
Structure and exterior
- Year built:1922
- Lot area:0.14 Acres
- Lot Features:Mid Block, Sloped Up
- Levels:Split Level
Utilities
- Water:District - Public
Finances and disclosures
- Price:$999,000
Features and amenities
- Laundry features:Dryer, Laundry Area, Washer
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