4122 Whittier Boulevard, Los Angeles, California 90023, Los Angeles, 90023 - bed, bath
ACTIVE$850,000
4122 Whittier Boulevard, Los Angeles, California 90023
0Bed
0Bath
2,968Sqft
7,500Lot
Year Built
1925
Close
-
List price
$850K
Original List price
$850K
Price/Sqft
$286
HOA
-
Days on market
-
Sold On
-
MLS number
DW25258286
Home ConditionPoor
Features
View-
About this home
We found 3 Cons,5 Pros. Rank: price - $850.0K(50th), sqft - 2968(50th), beds - undefined(50th), baths - undefined(50th).
This property Consists of two storefronts and two residential units. The store fronts are on a month to month contract.
Price History
Date
Event
Price
11/11/25
Listing
$850,000
03/30/95
Sold
$170,000
Condition Rating
Poor
This property, built in 1925, is nearly a century old. The listing explicitly highlights 'Age-Related Maintenance & Renovation' and the need for 'substantial capital investment for deferred maintenance, system upgrades (e.g., plumbing, electrical), and general modernization.' Crucially, there are no images or descriptions of the residential units, including kitchens or bathrooms, which strongly suggests these areas are in very poor, outdated condition and require extensive rehabilitation. The property's value is noted for its 'Value-Add Potential' through renovation, indicating it is far from move-in ready and likely has significant defects affecting its current livability and functionality.
Pros & Cons
Pros
Diversified Income Stream: The property offers a robust mixed-use profile with two commercial storefronts and two residential units, providing multiple income sources and mitigating vacancy risk.
Strategic Location: Positioned on Whittier Boulevard in Boyle Heights, a dynamic Los Angeles neighborhood, ensuring high visibility for commercial tenants and desirability for residential occupants.
Flexible Commercial Tenancy: Storefronts are currently on month-to-month leases, offering the new owner immediate flexibility to adjust rents, implement new lease terms, or utilize the space for their own business.
Substantial Lot Size: The generous 7500 sqft lot provides ample space for potential future expansion, redevelopment, or enhanced parking, adding significant long-term value in an urban setting.
Value-Add Potential: Built in 1925, the property presents a prime opportunity for renovation and modernization, allowing a new owner to significantly increase rental income and overall property value.
Cons
Age-Related Maintenance & Renovation: As a 1925 build, the property is likely to require substantial capital investment for deferred maintenance, system upgrades (e.g., plumbing, electrical), and general modernization to maximize its potential.
Commercial Lease Instability: While flexible, the month-to-month commercial leases introduce a degree of income instability, as storefront tenants could vacate with relatively short notice, potentially leading to vacancies.
Unknown Condition of Residential Units: The property description lacks details on the current condition of the two residential units, which could imply unforeseen repair or renovation costs for a new owner.