3333 Whittier BLD, Los Angeles, CA 90023
3333 Whittier BLD, Los Angeles, CA 90023
3333 Whittier BLD, Los Angeles, CA 90023
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Jada San Gabriel

Jada San Gabriel

+1(341) 299-1598
Listed by Ken Wong, DRE #02241255 • STIGLER MORTGAGE
$1,010,000
Est. payment /mo
6,077 Sqft Lot
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID CRCV25264445

Year Built 1922

Lot Size 6,077 Sqft

Property Sub-Type Triplex

Source California Regional MLS

Property Description

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

Location

State CA

County Los Angeles

Area Boyh - Boyle Heights

Interior

Heating Wall Furnace

Cooling Window / Wall Unit

Laundry Laundry Area, Washer, Dryer

Exterior

Pool None

Building

Lot Description Grade - Sloped Up

Story Split Level

Water District - Public

Others

Tax ID 5188004049

Special Listing Condition Not Applicable

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Jada San Gabriel
Jada San Gabriel

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+1(341) 299-1598

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3333 Whittier BLD

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