10847 La Mirada Boulevard, Whittier, California 90604, Whittier, 90604 - 0 bed, 0 bath
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Whittier, California 90604
This Residential Income Quadruplex is a premier Value-Add Asset listed at $1,795,000, reflecting a strategic premium for its rare detached unit configuration. Although priced above the $1,651,055 Fair Market Value, the property’s massive 28,123 sqft lot and private patios provide unparalleled development upside. With a Condition Rating of 4, the four stand-alone buildings offer a stable foundation for modernization and ADU expansion. Situated in the Whittier Union High district, this is an optimal acquisition for Buy-and-Hold Investors and Developers targeting high-yield long-term growth.
Property is moderate renovation needed.
Built in 1959 and held as a long-term family asset, the property is functional but shows clear signs of age. The 'value-add' description and property analysis indicate that while the units are habitable, the kitchens, bathrooms, and major systems are likely dated and require modernization to meet current market standards.
The property features four stand-alone buildings, providing tenants with the privacy of a single-family home environment and no shared walls, which significantly increases rental desirability.
Situated on an oversized 28,123 sqft lot within a flexible LA County jurisdiction, there is significant room for value-add opportunities, including the potential addition of multiple ADUs.
As a long-held family asset rarely on the market, the property offers investors a stable foundation with clear upside potential through modernization and market-rate rent adjustments.
Built in 1959 and under long-term ownership, the property may require significant capital expenditure to update aging systems and bring the units up to modern standards.
The location on La Mirada Boulevard, a major thoroughfare, subjects the property to consistent street noise and traffic, which may limit the premium rent potential for some units.
Rarely on market. Long time owned and managed family property. A prime multifamily asset in South Whittier featuring 4 stand-alone buildings on a massive lot. Ideal for investors seeking stable returns with value-add potential in a flexible LA County jurisdiction.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 0% |
| Baths | - | - | 0% |
| Square foot | - | - | 0% |
| Lot Size | - | - | 0% |
| Price | - | - | 0% |
| Price per sq ft | - | - | 0% |
| Built year | 1959 | - | 0% |
| HOA | $0 | $0 | 0% |
| Days on market | - | - | 0% |
Jul 18, 2025
$1,795,000
Initial Listing