5655 Pickering Avenue, Whittier, California 90601, Whittier, 90601 - bed, bath
ACTIVE$2,400,000
5655 Pickering Avenue, Whittier, California 90601
0Bed
0Bath
4,949Sqft
12,104Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Rare Multi-Family Asset: A rare fourplex property in the sought-after 90601 foothills of Whittier, offering a high-demand asset with long-term upside for investors or owner/occupants.
Top Cons:
Age of Property: Built in 1961, the property's age may imply older infrastructure and systems (e.g., plumbing, electrical, HVAC) that could require future upgrades or increased maintenance costs despite being described as well-maintained.
Compared to the nearby listings
Price:$2.40M vs avg $920.0K (+$1,480,000)90%
Size:4,949 sqft vs avg 2,239 sqft90%
Price/sqft:$485 vs avg $44350%
More Insights
Built in 1961 (64 years old).
Condition: The property was built in 1961, making it over 60 years old. While the listing states it is 'well-maintained' and exterior images show a decent roof and facade, there are no interior photos or specific details about recent renovations to kitchens, bathrooms, or major systems. Given its age, it's highly probable that interior components are functional but show signs of being outdated, requiring minor updates or repairs to meet current standards. This aligns with the 'Fair' condition criteria, indicating an aged but maintained property where major components are functional but show signs of being outdated.
Year Built
1961
Close
-
List price
$2.4M
Original List price
$2.4M
Price/Sqft
$485
HOA
-
Days on market
-
Sold On
-
MLS number
PW25111516
Home ConditionFair
Features
Excellent View:
Patio
View-
About this home
Welcome to 5655 Pickering Avenue, a rare fourplex property in the sought after 90601 foothills of Whittier. On a generous 12,101 SF lot, this well-maintained 4,949 SF multifamily offering includes three 2-bedroom apartment style units and one 2-bedroom home with a bonus office. The home and one apartment each enjoy private yard space, while the other two units share a landscaped common area. Each unit features garage parking and dedicated storage, adding convenience and functionality. Ideally located within walking distance to Uptown Whittier and close to major freeways, this property also boasts breathtaking views from Downtown LA and the Hollywood Sign all the way to Catalina Island. With FHA financing available, you can own this with $84,000 DOWN! This is a rare opportunity for investors or owner/occupants to secure a high demand asset in a prime location with long term upside.
Condition Rating
Fair
The property was built in 1961, making it over 60 years old. While the listing states it is 'well-maintained' and exterior images show a decent roof and facade, there are no interior photos or specific details about recent renovations to kitchens, bathrooms, or major systems. Given its age, it's highly probable that interior components are functional but show signs of being outdated, requiring minor updates or repairs to meet current standards. This aligns with the 'Fair' condition criteria, indicating an aged but maintained property where major components are functional but show signs of being outdated.
Pros & Cons
Pros
Rare Multi-Family Asset: A rare fourplex property in the sought-after 90601 foothills of Whittier, offering a high-demand asset with long-term upside for investors or owner/occupants.
Prime Location & Accessibility: Ideally located within walking distance to Uptown Whittier and close to major freeways, enhancing tenant appeal and convenience.
Breathtaking Panoramic Views: Boasts stunning views stretching from Downtown LA and the Hollywood Sign all the way to Catalina Island, a significant value-add amenity.
Diverse Unit Mix & Amenities: Includes three 2-bedroom apartments and one 2-bedroom home with a bonus office, featuring private yard spaces for some units, a shared landscaped common area, individual garage parking, and dedicated storage for each unit.
Generous Lot Size & Financing Options: Situated on a generous 12,101 SF lot and eligible for FHA financing with a low down payment, making it accessible to a broader range of buyers.
Cons
Age of Property: Built in 1961, the property's age may imply older infrastructure and systems (e.g., plumbing, electrical, HVAC) that could require future upgrades or increased maintenance costs despite being described as well-maintained.
Lack of Specific Unit Condition Details: While the overall property is noted as 'well-maintained,' the description does not provide specific details on the interior condition or recent renovations of individual units, which could vary and impact immediate rental readiness or required capital expenditure.
Management Complexity: As a fourplex, it inherently involves managing multiple tenants, leases, and maintenance requests, which can be more demanding and time-consuming than managing a single-family property, especially for new multi-family owners.