Listing and Selling Homes Since 1999!
Address
Mar Vista Street Whittier, CA
Price
$ 1,300,000
Property Attributes
  • MLS#PW21038943
  • TypeContingent
  • CountyLOS ANGELES
  • CityWhittier
  • AreaWhittier
  • Zip90602
  • StyleCottage
  • Price$ 1,300,000
  • Bedrooms4
  • Full Bathrooms4
  • Half Bathrooms0
  • Lot Size0.31 Acres
Listing Provided Courtesy Of:
Thomas Santoro with Crane Real Estate.
Data Source:
CRMLS
Property Description

Don’t miss this rare opportunity, 1st time on the market in over 40 years! Property is located north of Whittier Blvd., near the acclaimed Whittier College. This 4 unit property consists of a triplex plus a stand-alone single family home on an enormous 13,495 square foot lot. The house has 2 bedrooms with a huge enclosed, shaded and fenced backyard, as well as a covered front porch overlooking the front yard (perfect for owner occupant)! The triplex has 2 one bedroom units and 1 two bedroom unit. Units have many cottage style features and accents, including hardwood floors. These highly desired units are super easy to rent when the rare vacancy does come up. Property is walking distance to Whittier College, Whittier Public Library, Whittier Community Center, as well as the center of town, Uptown Whittier with its numerous eateries and businesses. Long-term, high quality tenants with rents below market, give potential for upside in rents – see proforma numbers. Units are separately metered, each with its own water heater, refrigerator, gas stove, garbage disposal, ceiling fans, window a/c units. Each unit has its own washer, dryer, and sink basin, as well as its own enclosed single garage with a parking space in front of the garage. Front porches feature a locking screen door and each unit also has rear door entry with rear garden area. There are also 3 extra parking spaces on site plus street parking. Market Gross Rent Multiplier is 13.9, Market Cap Rate is 5.4%.

Price History
2/26/2021 Listed $1,225,000

General Features

Appliances Gas Oven, Gas Range, Gas Water Heater, Refrigerator, Dryer, Washer
Architectural Style Cottage
Community Features Curbs, Street Lights, Suburban, Sidewalks, Park
Construction Materials Stucco, Copper Plumbing
Cooling Wall/Window Unit(s)
Electric Electricity - On Property
Facing Direction North
Flooring Vinyl, Wood
Garage Spaces 4
Garage Y/N Yes
Heating Floor Furnace, Natural Gas, Wall Furnace
Interior Features Unfurnished, All Bedrooms Down
Levels One
MLS Area 670 - Whittier
Open Parking Spaces 7
Parking Features Concrete, Driveway Down Slope From Street, Driveway, Paved, Garage Faces Side
Pool Features None
Property Attached Y/N Yes
Property Type Residential Income
Roof Composition
Rooms Living Room, Kitchen, Bedroom
Security Features Carbon Monoxide Detector(s), Smoke Detector(s)
Sewer Public Sewer, Sewer Tap Paid
Spa Features None
Terms Cash, Cash to New Loan, Conventional, 1031 Exchange, Fannie Mae
Total Actual Rent 5795
Total Units 4
Utilities Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
View None
Virtual Tour https://vimeo.com/443280070
Virtual Tour https://vimeo.com/443280070
Water Sewer Expense 1001
Zoning WHR4*

Interior Features

Air Conditioning Y/N Yes
Common Walls 1 Common Wall, No One Above, No One Below
Fireplace Features None
Heating Y/N Yes
Laundry Features Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup, Inside, Laundry Room, See Remarks
Window Features Blinds, Screens

Exterior Features

Fencing Block, Chain Link
Foundation Details Raised
Lot Features Back Yard, Near Park, Near Public Transit, Rectangular Lot
Lot Size Acres 0.31
Lot Size Area 13495
Lot Size Source Assessor
Lot Size Square Feet 13495
Lot Size Units Square Feet
Number of Buildings 3
Number of Separate Electric Meters 4
Number of Separate Gas Meters 4
Number of Separate Water Meters 1
Road Frontage Type City Street
Road Surface Type Maintained, Paved
Total Parking 11
Water Source Public

Room Details

Room Dimensions Level Flooring Details
Bedroom
Kitchen
Living Room

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 90602

Price
AVG $870K
$1.3M
Visits
AVG 33
29
Year Built
AVG 1965
1949
Walkscore
AVG 61
79
Data Provided by Walkscore ® not using MLS data

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