Condominium buy in Whittier California

Historic trophy property nestled in a prime location in Whittier has been completely restored. Reduced property taxes via Mills Act allows for a new owner to benefit from lower tax basis. Originally built in 1910 by the first President of Whittier College, this stunning American Foursquare estate is comprised of two houses and two garages on a very large 10,961 square foot lot. The front house alone is over 4,000 sq. ft. with antique hardwood floors, vintage chandeliers, double staircases and exceptional character throughout. Ideal investment opportunity with strong cash on cash return on current income with HUGE upside potential. The third-story loft overlooks the park like setting at Whittier College and beautiful views of Catalina Island on a clear day. The back house has an attached two car garage with two restrooms. The 3rd structure is a detached very large garage with professional automobile lift and air compressor setup which could possibly be converted to an ADU. This asset is ideal for student housing as well as many other possibilities. The back house and both garages were built in 2014-2015 from the ground up, while the entire front house was completely restored in 2014-2015 (new roofs, new plumbing, new electrical, new drainage, new concrete, new parking, new interior restoration etc.) MLS® ID: AR22137328 Listed: 6/22/22 Updated: 10/24/22 Interior Features Total Bedrooms: 0 Total Bathrooms: 0 Interior Features: Multiple Staircases, Attic, Jack and Jill Bath, Loft Laundry Description: Electric Dryer Hookup, Gas Dryer Hookup, Inside, Laundry Room Floor Description: Wood Fireplace: Family Room, Living Room Cooling: Central Air Heating: Central Exterior/Building Features Lot Size: 0.25 acres lot Exterior Features: Guest House Lot Details: 2-5 Units/Acre Sewer: Public Sewer Other Property Details Area Name: 670 - Whittier HOA Amenities: Curbs, Gutter(s), Sidewalks Garage: Yes Garage Spaces: 4 Parking: Covered Parking Total: 4.0 View: Y County: Los Angeles Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected Water Source: Public Pool: No Pool Description: None Total Stories: 3 Zoning: WHR4* Property History Date Event Price Value 8/5/22 Price Change $2,390,000 100% Courtesy of KW Executive, Matthew Guerra, Listing Contact: Based on information from California Regional Multiple Listing Service, Inc. as of 10/24/22. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.