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3333 Whittier Boulevard

Los Angeles, CA 90023
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Bed 7

Bed

Bath 3

Bath

SqFt6,077

Sqft(Lot)

CAP RATE 5.5%. GRM 14.28. New owner can use the laundary room to increase the CAP RATE to over 6%. The only GEM in the area close to East LA and Downtown with existing cap rate over 5%, not in city terrace with low rental return! Prime development opportunity — positioned on a high-visibility corridor with strong traffic counts and long-term growth potential. This property is a rare R3 land which offers an excellent opportunity for developers, builders, and value-add investors seeking to capitalize on a well-located parcel with flexible future use (buyer to verify zoning, density, and permitted uses with the city). The land itself already worth over 900K and planned for multi-familiy. Also, it starts earning rental income from day one with this fully tenant-occupied property while you are waiting for plan check or you want to keep it! Exceptional income-producing property priced below market for a quick sale. This fully tenant-occupied asset offers immediate, stable rental income of approximately $5,600/month All lease are month-to-month lease, making it an ideal opportunity for investors or owner-occupants seeking strong returns. Rent are close to the market but still have room to increase. The property also has a laundry room for extra income. Great value-add opportunity and projected rent can be over $6,700/month. Tenants will be transferred. The property has been professionally managed and well maintained over the past 5 years, with long-term tenants who have consistently paid on time for over a decade. Rents are near market value, with built-in potential for future increases. Property Features: Front home (built in 1923): 3 bedrooms, 1 bathroom Rear duplex: Two units, each with 2 bedrooms and 1 bathroom Spacious backyard with convenient alley access Designated parking for all units Updated windows and newer water heaters throughout On-site laundry room offering additional income potential Recent landscaping improvements including new soil and gardening upgrades Prime Location: Convenient access to major freeways including the 5, 10, 60, 710, and 110. Easy commute to downtown via the newly developed 6th Street Bridge. The surrounding area is experiencing strong growth, with multiple mixed-use developments underway. Additional Notes: Property is being sold as-is. Information is deemed reliable but not guaranteed. Buyers are encouraged to conduct their own due diligence and consult with professionals.

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $999,000

AD Id : 79262156

MLS Id : CV25264445

Beds : 7

Lot Size : 6,077 Sqft

Year Built : 1922

County : Los Angeles

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Feature Features

  • Interior Features

    Appliances: Dryer, Washer
    Laundry Features: CommonArea
  • Heating & Cooling

    Has Heating: Yes Heating: WallFurnace Has Cooling: Yes Cooling: WallWindowUnits

  • Building Information

    Year Built: 1922
    Building Area Total: 2537
    Pool Features: None
    Private Pool: No

  • Lot Information

    Main Square Feet: 6077 Lot Size Acres: 0.1395 Lot Size Source: Assessor Lot Size Square Feet: 6,077 Lot Description: SlopedUp

  • Listing Price Information

    Listing Price: $999000
    Original Price: $1039000
    Cash, Conventional, Exchange1031

  • Tax Information

    Parcel Number: 5188004049 Tax Lot: 5188

  • Utility Information

    ElectricityConnected, NaturalGasConnected, PhoneConnected, SewerConnected, WaterConnected
  • Location Information

    Direction: South of Fwy 60, exit Whittier Blvd WaterSource: Public
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1008 S Herbert Ave, Los Angeles, CA, 90023 $825,000 4 2 --
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801 S Hicks Avenue, Los Angeles, CA, 90023 $825,000 3 2 --
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1273 S Alma, Los Angeles, CA, 90023 $795,000 4 4 1,518 1,518 SqFt

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 07/29/2026 @ 01:02

MLS: CV25264445 LISTED BY: Ken Wong, STIGLER MORTGAGE 909-758-1856 SOURCE: CRMLS

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