12321 Painter Avenue, Whittier, California 90605, Whittier, 90605 - 0 bed, 0 bath
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Whittier, California 90605
Analysis of 12321 Painter Avenue, Whittier, California 90605 is currently available with a list price of $1,800,000. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Whittier Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Property is extensive renovation needed.
Built in 1955 and listed as 'first time on the market,' which strongly indicates original systems and interiors that are over 70 years old. The exterior shows significant deferred maintenance, including cracked asphalt and dated stucco, suggesting the property requires a full rehab of kitchens, bathrooms, and major systems to meet modern standards.
The property features a desirable configuration of three 3-bedroom units and one 2-bedroom unit, which is highly sought after by families and commands premium rental rates compared to smaller studio or 1-bedroom alternatives.
Spanning two separate parcel numbers on a generous 11,206 square foot lot, this property offers significant flexibility for future development, including the potential for ADU additions or lot line adjustments.
Each of the four units includes its own laundry hookups and separate yard spaces, providing a single-family home feel that significantly increases tenant retention and reduces turnover.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3385, other record living area = 1915.
As a 'first time on the market' property built in 1955, it likely requires substantial capital expenditures for modernization and system upgrades to reach its full market value.
At a list price of $1.8 million, the cost per unit is approximately $450,000, which may result in a lower initial capitalization rate for investors until rents are brought up to current market standards.
FIRST TIME ON THE MARKET. This property consists of two parcel numbers 8026-037-025 and 8026-037-026 and consists of 4 units all with laundry hookups, separate yards and parking areas. 12515 is a two bedroom 1 bath 12517 is a three bedroom 1 bath 12319 3 bedroom 1 bath with A/C 12321 3 bedroom 1 1/2 bath 2 spaces carport mango, lemon and guava trees.
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 | 3,385 | 2,686 | 80% |
| Lot Size | 11,206 | 11,107 | 60% |
| Price | $1.80M | $1.20M | 80% |
| Price per sq ft | $532 | $447 | 80% |
| Built year | 1955 | 1955 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 25 | 186 | 20% |
May 12, 2026
$1,800,000
Initial Listing