12718 Shreve Road, Whittier, California 90602, Whittier, 90602 - 0 bed, 0 bath
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Whittier, California 90602
This Residential Income Triplex is a strategic Value-Add Asset in a high-demand Whittier neighborhood. Listed at $1,150,000, the price accounts for its fully occupied status and reliable cash flow, though it currently exceeds the $948,630 Fair Market Value. With a Poor Condition Rating, the property requires significant system updates but offers massive upside via the 9,867 sq. ft. lot, individual garages, and park views. This is a prime acquisition for Buy-and-Hold Investors or Value-Add Specialists looking to modernize a high-footprint asset for long-term appreciation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 12718 Shreve Road Subject | $1,150,000* List Price | 0 | 0 | 2,703 | $351 | - |
A 7944 Comstock Avenue Sold | $905,000 | 0 | 0 | 2,924 | $310 | 1.0 mi |
B 7928 Milton Pending | $949,000 List Price | 0 | 0 | 2,523 | $376 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
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 The exterior shows signs of deferred maintenance, including cracked concrete and visible window AC units, suggesting outdated cooling systems.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 The listing's own analysis highlights 'Property Age & Potential for Outdated Systems' and 'Limited Information on Unit Condition/Upgrades,' implying that major components like plumbing and electrical may require significant capital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.
The property is a triplex with multiple rental units generating strong monthly income, making it an excellent opportunity for investors seeking long-term returns.
All units are currently occupied with reliable income, ensuring immediate cash flow and minimizing vacancy risk for a new owner.
Situated in a desirable Whittier neighborhood, the property offers convenient access to schools, shopping centers, and major freeways, enhancing tenant appeal and property value.
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.
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.
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.
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.
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 | 2,703 | 2,375.5 | 71% |
| Lot Size | 9,867 | 6,892.5 | 86% |
| Price | $1.15M | $925.0K | 93% |
| Price per sq ft | $425 | $429 | 50% |
| Built year | 1960 | 1943 | 71% |
| HOA | $0 | $0 | 50% |
| Days on market | 338 | 221 | 86% |
Nov 29, 2025
$1,150,000
$1,200,000
-4% Price Drop
Initial Listing
Aug 10, 2025
$1,200,000
Initial Listing
May 19, 2025
$1,250,000
Initial Listing
Jan 18, 2017
$638,000
Public Record
Jul 29, 2002
$330,000
Public Record