3333 Whittier Boulevard, Los Angeles, CA 90023
Local realty services provided by:ERA North Orange County Real Estate
3333 Whittier Boulevard,Los Angeles, CA 90023
$999,000
- - Beds
- - Baths
- 2,537 sq. ft.
- Multi-family
- Active
Listed by: ken wong
Office: stigler mortgage909-758-1856
MLS#:CV25264445
Source:CRMLS
Price summary
- Price:$999,000
- Price per sq. ft.:$393.77
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 and projected rent can be over $6,700/month. Tenants will be transferred.
The property has been professionally managed and well maintained over the past 5 years, with long-term tenants who have consistently paid on time for over a decade. Rents are near market value, with built-in potential for future increases.
Property Features:
Front home (built in 1923): 3 bedrooms, 1 bathroom
Rear duplex: Two units, each with 2 bedrooms and 1 bathroom
Spacious backyard with convenient alley access
Designated parking for all units
Updated windows and newer water heaters throughout
On-site laundry room offering additional income potential
Recent landscaping improvements including new soil and gardening upgrades
Prime Location:
Convenient access to major freeways including the 5, 10, 60, 710, and 110. Easy commute to downtown via the newly developed 6th Street Bridge. The surrounding area is experiencing strong growth, with multiple mixed-use developments underway.
Additional Notes:
Property is being sold as-is. Information is deemed reliable but not guaranteed. Buyers are encouraged to conduct their own due diligence and consult with professionals....
Contact an agent
Home facts
- Year built:1922
- Listing ID #:CV25264445
- Added:244 day(s) ago
- Updated:August 12, 2026 at 11:16 AM
Rooms and interior
- Flooring:Tile, Vinyl
- Living area:2,537 sq. ft.
Heating and cooling
- Cooling:Wall Window Units
- Heating:Wall Furnance
Structure and exterior
- Year built:1922
- Building area:2,537 sq. ft.
- Lot area:0.14 Acres
- Lot Features:Sloped Up
Utilities
- Water:Public, Water Connected
- Sewer:Public Sewer, Sewer Connected
Finances and disclosures
- Price:$999,000
- Price per sq. ft.:$393.77
Features and amenities
- Appliances:Dryer, Washer
- Laundry features:Dryer, Washer
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