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8843 Santa Fe Springs Road, Whittier, California 90606, Whittier, 90606 - 2 bed, 2 bath

8843 Santa Fe Springs Road, Whittier, California 90606 home-pic-0
ACTIVE$698,000
8843 Santa Fe Springs Road, Whittier, California 90606
2Beds
2Baths
1,280Sqft
9,139Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Mixed-Use Income Potential: The property is a rare mixed-use income compound featuring both a commercial mini-market and a residential unit, offering diverse revenue streams and flexibility for owner-operators or investors.
Top Cons:
MLS Listing Discrepancy: Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 1.

Compared to the nearby listings

Compared against 0 nearby listings

More Insights

Built in 1948 (77 years old).
Condition: Built in 1948, this property is 76 years old with no visible evidence of significant renovations in recent decades. The residential unit's bedroom shows worn carpets, dated window treatments, and old fixtures. The exterior of both the commercial and residential structures appears neglected with peeling paint and general wear. The backyard is unkempt. Crucially, there are no images of the kitchen or bathroom in the residential unit, which strongly suggests these areas are in very poor, outdated, or even dilapidated condition, consistent with the property's age and overall visible state of deferred maintenance. Major systems are likely original and would require substantial repairs and rehabilitation to meet modern standards and comfort.
Year Built
1948
Close
-
List price
$698K
Original List price
$698K
Price/Sqft
$545
HOA
-
Days on market
-
Sold On
-
MLS number
AR25258918
Home ConditionPoor
Features
View-

About this home

A truly exceptional and rare opportunity to acquire a mixed-use income compound featuring two distinct addresses (8839 & 8843 Santa Fe Springs Rd) on a single, oversized 9,139 SF corner lot with R2 zoning in Whittier. This property offers the income and incredible flexibility for owner/users and investors alike. 8843 Santa Fe Springs Rd 580 SF this unit operates as a mini-market/convenience store, serving the local community and authorized to sell high demand items including Lottery, Mega, and light alcohol. Features a convenient layout for retail operations with a half bathroom, 7 assigned parking spots and dedicated street access. 8839 Santa Fe Springs Rd a separate residential unit with a private front entry, currently featuring 2 bedrooms and 1 bathroom boasts a spacious living room, dining room, kitchen, and an enclosed patio that serves as a family room. Buyer to verify square footage and bedroom count (Title records currently show 1 bedroom, 700 SF). Ideal for an owner-operator to live on-site while managing the market for maximum business and income efficiency or potential for future development or expansion (Buyer to verify with the City). Sale includes the real property only; all commercial inventory and equipments are excluded. Conveniently located close to the park and a major shopping center.

Price History

Date
Event
Price
07/13/06
Sold
$500,000
Condition Rating
Poor
Built in 1948, this property is 76 years old with no visible evidence of significant renovations in recent decades. The residential unit's bedroom shows worn carpets, dated window treatments, and old fixtures. The exterior of both the commercial and residential structures appears neglected with peeling paint and general wear. The backyard is unkempt. Crucially, there are no images of the kitchen or bathroom in the residential unit, which strongly suggests these areas are in very poor, outdated, or even dilapidated condition, consistent with the property's age and overall visible state of deferred maintenance. Major systems are likely original and would require substantial repairs and rehabilitation to meet modern standards and comfort.
Pros & Cons

Pros

Mixed-Use Income Potential: The property is a rare mixed-use income compound featuring both a commercial mini-market and a residential unit, offering diverse revenue streams and flexibility for owner-operators or investors.
Oversized Corner Lot with R2 Zoning: Situated on an oversized 9,139 SF corner lot with R2 zoning, the property presents significant potential for future development, expansion, or multi-family conversion, enhancing long-term value.
Established Commercial Operation: The existing mini-market/convenience store is authorized to sell high-demand items like Lottery, Mega, and light alcohol, providing an immediate and established income-generating business.
Owner-Operator Suitability: The setup is ideal for an owner-operator to live on-site in the residential unit while managing the market, maximizing business efficiency and personal income.
Strategic Location: Conveniently located close to a park and a major shopping center, enhancing accessibility and desirability for both residential occupants and commercial customers.

Cons

MLS Listing Discrepancy: Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 1.
Age of Property: Built in 1948, the property is 76 years old, which may indicate potential for deferred maintenance, outdated systems, or the need for significant renovations to meet modern standards.
Residential Unit Discrepancy: There is a noted discrepancy between the current residential unit's bedroom count and square footage versus what title records show, requiring buyer verification and potentially impacting financing or perceived value.
Commercial Inventory Excluded: The sale explicitly excludes all commercial inventory and equipment, meaning a new owner will need to make a substantial additional investment to stock and operate the mini-market.

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