
Whittier, California 90601
This property presents a Strong Value Opportunity with a List Price of $475,000—positioned well below the $508,556 Fair Market Value by 6%. This valuation gap offers $33,556 in Instant Equity for buyers willing to address the Fair Condition Rating. Featuring a private 2-car garage and access to resort-style amenities, this condo is located within the Whittier Union High School District. It is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking to build wealth through strategic cosmetic updates.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4140 Workman Mill Subject | $475,000* List Price | 2 | 2 | 1,228 | $414 | - |
A 4140 Workman Mill Road 286 Sold | $565,000 | 2 | 2 | 1,228 | $460 | 0.0 mi |
B 4140 Workman Mill 162 Sold | $520,000 | 2 | 2 | 1,228 | $423 | 0.2 mi |
C 4140 Workman Mill Road 26 Sold | $465,000 | 2 | 1 | 1,066 | $436 | 0.2 mi |
D 4512 Workman Mill Sold | $537,300 | 3 | 2 | 1,234 | $435 | 0.5 mi |
E 4140 Workman Mill Road 172 Active | $515,000 List Price | 2 | 1 | 1,066 | $483 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1980 (44 years old), the property appears largely original and dated. The kitchen features 1980s-style wood-trimmed cabinetry and older appliances, while the living areas show popcorn ceilings and stained carpeting. The listing agent explicitly notes the need for 'TLC,' which aligns with the Fair criteria of needing minor repairs and cosmetic updates.
Located in the gated Lakeridge community, residents have access to premium amenities including four pools, four tennis courts, jacuzzis, and a sauna, offering a high-end lifestyle.
The unit features a rare direct-access, private two-car garage, providing a level of convenience, security, and storage typically found in single-family homes rather than condos.
As one of the largest floorplans in the development priced competitively, this property offers a prime opportunity for buyers to build instant equity through cosmetic improvements and TLC.
The listing explicitly mentions the need for 'TLC,' suggesting that the home requires immediate investment in repairs or modernization to reach its full market value.
The association fee of $554.47 is a substantial recurring monthly expense that may impact the overall affordability and debt-to-income ratio for potential buyers.
Start your homeownership journey with one of the best values in the area! Located in the highly sought-after gated Lakeridge community, this spacious 2-bedroom, 2-bath condo features one of the largest floorplans in the development along with direct access to a (((attached private 2-car garage))). While the property could use a little TLC, it presents an incredible opportunity for a first-time buyer or investor to add their personal touch and build instant equity. Enjoy resort-style living with 4 pools, 4 tennis courts, jacuzzis, a sauna, lush landscaping, and peaceful surroundings throughout the community. Conveniently located near shopping, dining, and easy access to the 60 & 605 freeways, this is truly one of the best bang-for-your-buck opportunities in the area.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades 6-8 • 1.6 mi
Grades 9-12 • 2.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,228 | 1,228 | 50% |
| Lot Size | 471,907 | 252,792 | 75% |
| Price | $475.0K | $523.5K | 25% |
| Price per sq ft | $387 | $468 | 19% |
| Built year | 1980 | 1979 | 56% |
| HOA | $554.47 | $538 | 63% |
| Days on market | 0 | 169 | 6% |
May 13, 2026
$475,000
Initial Listing
Jun 4, 2004
$285,000
Public Record