12718 Shreve Road, Whittier, California 90602, Whittier, 90602 - bed, bath
ACTIVE$1,150,000
12718 Shreve Road, Whittier, California 90602
0Bed
0Bath
2,703Sqft
9,867Lot
Year Built
1960
Close
-
List price
$1.15M
Original List price
$1.25M
Price/Sqft
$425
HOA
-
Days on market
-
Sold On
-
MLS number
WS25110638
Home ConditionPoor
Features
Good View:
Patio
View-
About this home
We found 3 Cons,5 Pros. Rank: price - $1.15M(75th), sqft - 2703(50th), beds - undefined(50th), baths - undefined(50th).
This triplex offers a total of 2,703 square feet of living space, each with its own address, situated on a massive lot of over 9,867 square feet. The property consists of multiple rental units generating strong monthly income, great for investors seeking long-term returns. Each unit has a garage for parking and storage. All units are occupied with reliable income. Situated in a desirable Whittier neighborhood, this property is conveniently located near schools, shopping centers, and major freeways, ensuring easy access to all that the area has to offer.
Price History
Date
Event
Price
11/29/25
Price Change
$1,150,000-4.2%
08/10/25
Price Change
$1,200,000
05/19/25
Listing
$1,250,000
01/18/17
Sold
$638,000
07/29/02
Sold
$330,000
Condition Rating
Poor
Built in 1960, this property is over 60 years old with no indication of major renovations. The exterior shows signs of deferred maintenance, including cracked concrete and visible window AC units, suggesting outdated cooling systems. Crucially, there are no interior images provided, and the description lacks any details about the condition of kitchens, bathrooms, or other interior features. The listing's own analysis highlights 'Property Age & Potential for Outdated Systems' and 'Limited Information on Unit Condition/Upgrades,' implying that major components like plumbing and electrical may require significant capital expenditure. This aligns with a 'Poor' condition, indicating substantial repairs and rehabilitation are needed to bring the property up to modern standards.
Pros & Cons
Pros
Income-Generating Triplex: The property is a triplex with multiple rental units generating strong monthly income, making it an excellent opportunity for investors seeking long-term returns.
Fully Occupied with Reliable Income: All units are currently occupied with reliable income, ensuring immediate cash flow and minimizing vacancy risk for a new owner.
Desirable Location & Accessibility: Situated in a desirable Whittier neighborhood, the property offers convenient access to schools, shopping centers, and major freeways, enhancing tenant appeal and property value.
Large Lot Size: The property sits on a massive lot of over 9,867 square feet, providing potential for expansion, outdoor amenities, or simply a larger footprint in a sought-after area.
Individual Garages for Each Unit: Each unit benefits from its own garage for parking and storage, a significant amenity that adds value and convenience for tenants.
Cons
Property Age & Potential for Outdated Systems: Built in 1960, the property may feature original systems (e.g., plumbing, electrical) that could require significant capital expenditure for upgrades or repairs in the near future.
Recent Price Reductions: The listing has undergone multiple price reductions from its original $1.25M to the current $1.15M, which may indicate initial overpricing or challenges in attracting buyer interest.
Limited Information on Unit Condition/Upgrades: The description lacks specific details regarding the interior condition, recent renovations, or individual unit amenities, potentially implying a need for updates or deferred maintenance for a new owner.