12103 Burgess Avenue, Whittier, CA 90604
  • MLS#: PW24229029 ( Duplex )
  • Street Address: 12103 Burgess Avenue
  • Viewed: 1
  • Price: $1,025,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1962
  • Bldg sqft: 0
  • Days On Market: 10
  • Additional Information
  • County: LOS ANGELES
  • City: Whittier
  • Zipcode: 90604
  • Provided by: Synergy Real Estate
  • Contact: Angel&Pat Angel&Pat
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    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. Both 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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Features
Building Area Total
  1. 1960.00
Commoninterest
  1. None
Common Walls
  1. No Common Walls
Country
  1. US
Days On Market
  1. 158
Entry Location
  1. front door
Garage Spaces
  1. 0.00
Insurance Expense
  1. 1800.00
Laundry Features
  1. Individual Room
Lot Features
  1. 2-5 Units/Acre
Netoperatingincome
  1. 4250.00
Parcel Number
  1. 8031030021
Parking Features
  1. Driveway
Pool Features
  1. None
Postalcodeplus4
  1. 3009
Property Type
  1. Duplex
Sewer
  1. Public Sewer
Sourcesystemid
  1. CRM
Sourcesystemkey
  1. 426760089:CRM
Tenant Pays
  1. All Utilities
Totalactualrent
  1. 4400.00
Totalexpenses
  1. 1800.00
Trash Expense
  1. 0.00
Water Source
  1. Public
Year Built
  1. 1962
Year Built Source
  1. Assessor
Zoning
  1. LCA1*