7928 Milton, Whittier, California 90602, Whittier, 90602 - bed, bath

7928 Milton, Whittier, California 90602 home-pic-0
ACTIVE$1,099,995
7928 Milton, Whittier, California 90602
0Bed
0Bath
2,523Sqft
5,737Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Investment & Value-Add Potential: The property is explicitly marketed as a 'perfect opportunity for an owner user or savvy investor to renovate and immediate upside,' indicating significant potential for capital appreciation through improvements.
Top Cons:
Extensive Renovation Required: The property description implies a need for significant renovation to achieve its 'upside,' which will require substantial capital investment and time from the buyer.

Compared to the nearby listings

Price:$1.10M vs avg $1.02M (+$79,997.5)50%
Size:2,523 sqft vs avg 2,398.5 sqft50%
Price/sqft:$436 vs avg $42550%

More Insights

Built in 1955 (70 years old).
Condition: Built in 1955, this property explicitly requires 'extensive renovation' as noted in the listing. The images confirm severely dated interiors, particularly the kitchen with its green tiled countertops and backsplash, and the bathroom with its pink tiled surfaces and older fixtures. The hardwood floors are worn, and window AC units suggest a lack of modern climate control. While not a tear-down, it needs substantial rehabilitation to be comfortable and meet current living standards.
Year Built
1955
Close
-
List price
$1.1M
Original List price
$1.2M
Price/Sqft
$436
HOA
-
Days on market
-
Sold On
-
MLS number
PW25234593
Home ConditionPoor
Features
Patio
View-

About this home

Price reduced due to seller wanting to close this year. Perfect opportunity for an owner user or savvy investor to renovate and immediate upside. Old world charm with the with these spacious units each having hardwood floors, original tile bath and kitchens, laundry hook up outside. Possibility of converting the 3 car garages into ADU for extra income.This property is situated in the heart of uptown Whittier within a neighborhood known for its accessibility and high rental demand. This property would make a excellent addition to any investor's portfolio.

Condition Rating
Poor

Built in 1955, this property explicitly requires 'extensive renovation' as noted in the listing. The images confirm severely dated interiors, particularly the kitchen with its green tiled countertops and backsplash, and the bathroom with its pink tiled surfaces and older fixtures. The hardwood floors are worn, and window AC units suggest a lack of modern climate control. While not a tear-down, it needs substantial rehabilitation to be comfortable and meet current living standards.
Pros & Cons

Pros

Investment & Value-Add Potential: The property is explicitly marketed as a 'perfect opportunity for an owner user or savvy investor to renovate and immediate upside,' indicating significant potential for capital appreciation through improvements.
ADU Conversion Opportunity: The possibility of converting the 3-car garages into an Accessory Dwelling Unit (ADU) offers a clear path to increased rental income and property value.
Prime Location & Rental Demand: Situated in the heart of uptown Whittier, the neighborhood is known for its accessibility and high rental demand, ensuring a strong tenant pool and consistent income.
Multi-Unit Income Property: As a triplex, this residential income property provides multiple streams of revenue, enhancing its appeal to investors seeking diversified income.
Motivated Seller & Price Reduction: The recent price reduction from $1.2M to $1.1M, driven by the seller's desire to close this year, presents a potential opportunity for a favorable purchase price.

Cons

Extensive Renovation Required: The property description implies a need for significant renovation to achieve its 'upside,' which will require substantial capital investment and time from the buyer.
Age-Related Maintenance & Systems: Built in 1955, the property likely has original systems (plumbing, electrical, HVAC) and may require costly updates or repairs due to its age and potential deferred maintenance.
Dated Interiors: The presence of 'original tile bath and kitchens' suggests outdated aesthetics and functionality that may not appeal to modern tenants or owner-users without significant upgrades.

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