12100 Colima Road
Whittier, CA, 90604
$1,198,000
Beds
0 Baths
SqFt
0.41 Acres
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This exceptional property offers a prime investment opportunity with three separate structures on a large lot of over 17,000 square feet, providing both privacy and ample space. The property consists of multiple rental units generating strong monthly income, making it an ideal choice for investors seeking long-term returns. The back unit features 2 bedrooms and 2 bathrooms, along with a spacious new kitchen, recessed lights and new laundry cabinets. This unit currently generates $2,395 per month in rental. The garage has been converted into a two-story unit with 1 bedroom and 1 bathroom, offering 700 square feet of living space. This unit currently brings in $1,450 per month. The main house is a two-story structure, with 3 bedrooms and 2 bathrooms. It includes an attached unpermitted junior ADU that has been upgraded with recessed lighting, laminate floors, and a modern bathroom, along with a large bedroom. This portion of the house generates $1,300 per month. Additionally, the family room in the main house has been converted into a bedroom with its own bathroom and a separate entrance, this conversion is unpermitted. The rest of the main house includes 2 bedrooms, 1 updated bathroom, a large kitchen, and an open dining and living room layout, along with central A/C. The main house has the potential to generate $3,650 per month in rent, not including the junior ADU. The large lot offers significant privacy for all the units and provides ample parking for tenants. With its diverse range of rental units and strong income potential, this property is a rare and valuable investment opportunity.

Property Details

Price:
$1,198,000
MLS #:
PW24227919
Status:
Active Under Contract
Baths:
0
Address:
12100 Colima Road
Type:
Residential Income
Subtype:
Duplex
Neighborhood:
670whittier
City:
Whittier
Listed Date:
Nov 4, 2024
State:
CA
ZIP:
90604
Lot Size:
17,939 sqft / 0.41 acres (approx)
Year Built:
1954
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12100 Colima Road
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