10241 Ruoff Avenue, Whittier, California 90604, Whittier, 90604 - bed, bath
ACTIVE$1,175,000
10241 Ruoff Avenue, Whittier, California 90604
0Bed
0Bath
3,472Sqft
9,236Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Multi-Unit Income Property: As a 4-plex, this property offers immediate income generation and scalability, making it an attractive asset for investors.
Top Cons:
Property Age (1959 Build): Built in 1959, the property is over 60 years old, which may imply potential for deferred maintenance, outdated systems, and higher capital expenditure requirements.
Compared to the nearby listings
Price:$1.18M vs avg $1.21M ($-32,500)50%
Size:3,472 sqft vs avg 3,251.5 sqft50%
Price/sqft:$338 vs avg $37450%
More Insights
Built in 1959 (66 years old).
Condition: Built in 1959, the property shows a mix of maintenance and outdated features. While some units have newer laminate flooring and updated white kitchen cabinets and bathroom vanities, the tiled kitchen countertops, backsplashes, and some bathroom tiles (including gold-framed shower doors) are significantly dated. The presence of window AC units instead of central air conditioning also indicates older systems. The property is functional and maintained but requires substantial updates to kitchens and bathrooms to meet modern standards and appeal.
Year Built
1959
Close
-
List price
$1.18M
Original List price
$1.25M
Price/Sqft
$338
HOA
-
Days on market
-
Sold On
-
MLS number
PW25127312
Home ConditionFair
Features
View-
About this home
This 4 plex is prime to ensure strong tenant appeal with its desirable location, and large 2 bedroom & 1 bath units. Located in a great area of Whittier close to shopping centers, parks, and easy freeway access. Perfect for any investor looking to cash flow with market rents. This property is a standout addition to any investment portfolio
Price History
Date
Event
Price
08/31/93
Sold
$28,000
05/31/11
Sold
$475,000
04/21/04
Sold
$650,000
Condition Rating
Fair
Built in 1959, the property shows a mix of maintenance and outdated features. While some units have newer laminate flooring and updated white kitchen cabinets and bathroom vanities, the tiled kitchen countertops, backsplashes, and some bathroom tiles (including gold-framed shower doors) are significantly dated. The presence of window AC units instead of central air conditioning also indicates older systems. The property is functional and maintained but requires substantial updates to kitchens and bathrooms to meet modern standards and appeal.
Pros & Cons
Pros
Multi-Unit Income Property: As a 4-plex, this property offers immediate income generation and scalability, making it an attractive asset for investors.
Prime Whittier Location: Situated in a desirable area with convenient access to shopping centers, parks, and major freeways, enhancing tenant demand and potential appreciation.
Strong Tenant Appeal (Unit Configuration): The property features large 2-bedroom, 1-bathroom units, a popular and versatile configuration that attracts a broad tenant base.
Clear Cash Flow Potential: Explicitly marketed as an opportunity for investors to achieve strong cash flow with market rents, indicating a focus on profitability.
Strategic Portfolio Addition: Positioned as a 'standout addition to any investment portfolio,' suggesting long-term value and growth potential for investors.
Cons
Property Age (1959 Build): Built in 1959, the property is over 60 years old, which may imply potential for deferred maintenance, outdated systems, and higher capital expenditure requirements.
Undisclosed Unit Condition/Upgrades: The description lacks details on recent renovations or the current condition of the units, suggesting interiors may be dated and require investment to achieve optimal market rents.
Limited Financial Transparency: Absence of specific financial data such as current rent rolls, operating expenses, or cap rate makes it challenging for investors to fully assess immediate cash flow and ROI without further due diligence.