11912 Painter Avenue, Whittier, California 90605, Whittier, 90605 - 0 bed, 0 bath
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Whittier, California 90605
This Triplex Residential Income property presents a High-Potential Investment Opportunity with a List Price of $1,200,000—positioned above the $1,145,278 Fair Market Value. While not a discount acquisition, the asset features a Condition Rating of 4, benefiting from recent infrastructure upgrades including a 10-year-old roof and 3-year-old plumbing. The three 3-bedroom units on a 15,167 sqft lot provide significant rental demand and value-add potential through cosmetic modernization. This is a stable, long-term acquisition ideal for Buy-and-Hold Investors or Value-Add Developers seeking reliable cash flow.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 11912 Painter Avenue Subject | $1,200,000* List Price | 0 | 0 | 3,084 | $371 | - |
A 12224 Fidel Avenue Sold | $881,000 | 0 | 0 | 2,435 | $362 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1956 and on the market for the first time, the property likely features original, dated kitchens and bathrooms. While the roof (10y) and plumbing/sewer lines (3y) have been updated, the overall age and lack of interior renovation history suggest the units need cosmetic updates and minor repairs to meet modern standards.
The property features three 3-bedroom units, a highly desirable configuration for families that typically commands premium rental rates and experiences lower vacancy compared to smaller units.
With sewer and water lines replaced approximately 3 years ago and a roof only 10 years old, the property offers reduced immediate capital expenditure risks for a new investor.
The large 15,167 sqft lot provides each unit with its own private yard and laundry hookups, significantly enhancing tenant quality of life and long-term retention.
The presence of only one water meter means the owner likely bears the cost of water for all units, which can complicate expense management compared to the separate gas and electric meters.
Being offered for the first time on the market since its 1956 construction, the interiors likely require cosmetic or functional updates to achieve top-of-market rental value.
FIRST TIME ON THE MARKET. Each unit has 3 bedrooms and 1 bath with separate laundry hookups and private yards. Sewer lines and water line was replaced approximately 3 years ago. One water meter all on separate electric panels and gas meters. Re-roofed approximately 10 years ago.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 3,084 | 2,686 | 60% |
| Lot Size | 15,167 | 11,107 | 60% |
| Price | $1.20M | $1.20M | 50% |
| Price per sq ft | $389 | $405 | 40% |
| Built year | 1956 | 1955 | 60% |
| HOA | $0 | $0 | 50% |
| Days on market | 26 | 186 | 20% |
May 11, 2026
$1,200,000
Initial Listing