10847 La Mirada Boulevard, Whittier, California 90604, Whittier, 90604 - bed, bath
ACTIVE UNDER CONTRACT$1,795,000
10847 La Mirada Boulevard, Whittier, California 90604
0Bed
0Bath
4,872Sqft
28,123Lot
Year Built
1959
Close
-
List price
$1.79M
Original List price
$1.79M
Price/Sqft
$368
HOA
-
Days on market
-
Sold On
-
MLS number
PW25159643
Home ConditionPoor
Features
Patio
View-
About this home
We found 3 Cons,5 Pros. Rank: price - $1.79M(50th), sqft - 4872(50th), beds - undefined(50th), baths - undefined(50th).
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.
Price History
Date
Event
Price
07/18/25
Listing
$1,795,000
Condition Rating
Poor
The property was built in 1959, making it 65 years old. The listing explicitly states that its age and condition will likely necessitate 'significant capital expenditures for system upgrades (plumbing, electrical, HVAC) and deferred maintenance to modernize units.' This indicates a need for substantial repairs and rehabilitation, aligning with the 'Poor' condition criteria. While exterior images show the buildings are standing, the lack of interior photos, combined with the 'value-add potential' description, strongly suggests that kitchens, bathrooms, and other interior features are significantly outdated and require major renovation to meet current standards.
Pros & Cons
Pros
Multifamily Income & Appeal: A prime quadruplex asset featuring 4 stand-alone buildings, offering diversified income streams and enhanced tenant privacy compared to typical multi-unit properties.
Significant Lot Size: Situated on a massive 28,123 sqft lot, providing substantial land value, potential for expansion, additional amenities, or future development opportunities.
Value-Add Potential: Explicitly identified as having value-add potential, indicating clear opportunities for investors to increase rental income and property value through strategic renovations and improvements.
Flexible Jurisdiction: Located in a flexible LA County jurisdiction, which can be advantageous for property management, potential development, and navigating regulatory processes.
Rare Market Offering: Described as 'Rarely on market' and 'Long time owned and managed family property,' suggesting a stable asset that has been well-maintained and is not frequently available for acquisition.
Cons
Property Age & Condition: Built in 1959, the property is over 60 years old, likely necessitating significant capital expenditures for system upgrades (plumbing, electrical, HVAC) and deferred maintenance to modernize units.
Implied Renovation Investment: While offering 'value-add potential,' this implies the property is not fully updated and will require substantial upfront investment to achieve market-rate rents and maximize returns.
Lack of Financial Transparency: The listing does not provide current rental income, occupancy rates, or operating expenses, requiring extensive due diligence for investors to accurately assess current cash flow and profitability.