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$2,625,000
Est. payment /mo
0.75 Acres Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID OC25229306
Lot Size 0.747 Acres
Property Sub-Type Res Income 2-4 Units
Property Type Res Income 2-4 Units
Property Description
This offering consists of five detached single-family homes, each situated on its own parcel, creating a unique balance of stability and flexibility for investors. Two of the residences feature 3 bedrooms and 2 bathrooms, two 3 bedrooms and 1 bath, & one 1 bedroom and 1 bath making them highly attractive to family renters in Whittier where demand for larger units consistently outpaces supply. Each home comes with its own private garage along with additional open parking, offering a clear competitive advantage over typical apartment product. Built in the mid-century era with traditional stucco design, the homes present excellent potential for cosmetic upgrades or modernization, further enhancing long-term value. An additional benefit is that all utilities are paid directly by the residents, minimizing operating expenses for ownership and further strengthening cash flow. The configuration of individually parceled units provides multiple exit strategies: investors may choose to operate the property as a small-scale rental portfolio or take advantage of the ability to sell homes individually at single-family pricing premiums. Located in a desirable South Whittier rental corridor, the properties are surrounded by schools, parks, and neighborhood retail, ensuring steady tenant demand. This rare small-scale portfolio combines the efficiency of multifamily ownership with the appreciation potential of single-family assets, making it a compelling investment opportunity. Addresses are 11508, 11510, 11514, 11516, & 11518 Fidel Avenue Whittier Ca 90605
Location
State CA
County Los Angeles
Zoning Assessor
Direction Meyer Road west to Fidel Avenue south
Interior
Fireplace No
Exterior
Utilities Available Sewer Connected
View Y/N No
Building
Story 1
Level or Stories 1
Others
Tax ID 8026012027
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Listed by Mike Marcu Mike Marcu, Broker
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Glen Henderson
Broker Associate | CA BRE #01384181
Broker Associate CA BRE #01384181
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