3333 Whittier Boulevard, Los Angeles, California 90023, Los Angeles, 90023 - 0 bed, 0 bath
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Los Angeles, California 90023
This income-producing Triplex represents a Strong Value Opportunity at a List Price of $990,000, matching its $990,000 Fair Market Value. Currently generating $5,600/month in stable revenue with long-term tenants, the asset carries a Condition Rating of 4 and is sold "as-is," signaling a clear Value-Add Strategy to reach projected rents of $6,700/month. Featuring a 3B/1B front home, a rear duplex, and on-site laundry, the property benefits from Boyle Heights growth and immediate freeway access. This is a premier acquisition for Buy-and-Hold Investors or Value-Add Specialists.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3333 Whittier Boulevard Subject | $990,000* List Price | 0 | 0 | 2,537 | $390 | - |
A 3078 E 6th Street Sold | $850,000 | 0 | 0 | 2,279 | $373 | 0.3 mi |
B 1125 Orme Sold | $750,000 | 7 | 4 | 1,828 | $410 | 0.8 mi |
C 3512 3514 E 7th Street Active | $1,075,000 List Price | 0 | 0 | 2,592 | $415 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1922, this property is over a century old. While the listing mentions 'newer water heaters and windows' and professional management for the last 5 years, indicating some upkeep, the 'Sold AS-IS' condition strongly suggests that significant cosmetic and potentially some system updates are required. Visible window AC units imply a lack of central cooling. Without interior photos, especially of kitchens and bathrooms, a detailed assessment is limited, but given the age and 'AS-IS' status, these areas are highly likely to be outdated and in need of substantial renovation to meet current standards. The property is functional and income-generating, but clearly shows its age and requires investment beyond minor repairs.
Fully tenant-occupied, generating $5600/month with a history of consistent rent payments for 10 years, ensuring immediate cash flow.
Potential for an 8% rent increase in 2 years and additional income from a dedicated laundry room, enhancing future profitability.
A triplex (3B/1B house + two 2B/1B duplex units) offers diversified rental income and increased investment flexibility.
Sold strictly 'AS-IS,' placing the burden of any necessary repairs, upgrades, or deferred maintenance entirely on the buyer.
Built in 1922, the property is over a century old, which may entail higher long-term maintenance costs and potential for unforeseen structural or system issues.
Multiple price drops from the initial listing suggest potential overpricing or challenges in attracting buyers at the original asking price.
Prime development opportunity at 3333 Whittier Blvd—positioned on a high-visibility corridor with strong traffic counts and long-term growth potential. This property is a rare R3 land which offers an excellent opportunity for developers, builders, and value-add investors seeking to capitalize on a well-located parcel with flexible future use (buyer to verify zoning, density, and permitted uses with the city). The land itself already worth over 900K and planned for multi-familiy. Also, it starts earning rental income from day one with this fully tenant-occupied property while you are waiting for plan check or you want to keep it! Exceptional income-producing property priced below market for a quick sale. This fully tenant-occupied asset offers immediate, stable rental income of approximately $5,600/month All lease are month-to-month lease, making it an ideal opportunity for investors or owner-occupants seeking strong returns. Rent are close to the market but still have room to increase. The property also has a laundry room for extra income. Great value-add opportunity and projected rent can be over $6,700/month. The property has been professionally managed and well maintained over the past 5 years, with long-term tenants who have consistently paid on time for over a decade. Rents are near market value, with built-in potential for future increases. Property Features: Front home (built in 1923): 3 bedrooms, 1 bathroom Rear duplex: Two units, each with 2 bedrooms and 1 bathroom Spacious backyard with convenient alley access Designated parking for all units Updated windows and newer water heaters throughout On-site laundry room offering additional income potential Recent landscaping improvements including new soil and gardening upgrades Prime Location: Convenient access to major freeways including the 5, 10, 60, 710, and 110. Easy commute to downtown via the newly developed 6th Street Bridge. The surrounding area is experiencing strong growth, with multiple mixed-use developments underway. Additional Notes: Property is being sold as-is. Information is deemed reliable but not guaranteed. Buyers are encouraged to conduct their own due diligence and consult with professionals.
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 | 2,537 | 1,828 | 69% |
| Lot Size | 6,077 | 6,003 | 54% |
| Price | $990.0K | $710.9K | 92% |
| Price per sq ft | $390 | $390 | 50% |
| Built year | 1922 | 1922 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 133 | 180 | 31% |
Mar 2, 2026
$990,000
$999,000
-1% Price Drop
Initial Listing
Jan 29, 2026
$999,000
$1,030,000
-3% Price Drop
Initial Listing
Jan 10, 2026
$1,030,000
$1,039,000
-1% Price Drop
Initial Listing
Dec 10, 2025
$1,039,000
Initial Listing
Jan 16, 2020
$735,000
Public Record
Sep 5, 2003
$295,000
Public Record