12509 Broadway, Whittier, CA 90601

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List Price
$649,000
Status
ACTIVE
MLS#
PW26219133
Year Built
1922
Lot Size
5,370
Acres
0.12
Lot Location
Value In Land
Days on Market
11
Property Type
Multifamily
Property Sub Type
Duplex
Stories
One Level

Property Description

Attention Investors, Builders, and Developers! Opportunity awaits on Broadway! This property features 2 separate homes, each offering 2 bedrooms and 1 bathroom, situated on a parcel zoned R4, according to the assessor's property profile. The real potential here lies in the land and the opportunity build additional units, maximize the property's use, and increase income potential. Both homes are in need of improvement, making this an appealing project for someone with vision. For those looking for an even larger development opportunity, the adjoining parcel to the east (12513–12515 Broadway) is also available for sale and is also zoned R4 per property profile. This is a unique opportunity to invest in the Uptown housing market. Buyers to independently verify zoning, permitted uses, development potential, and requirements with the appropriate agencies.

Additional Information

Pool Description
None
Fireplace Description
Family Room
Sewer
Public Sewer
Water
Public
Attached Structure
Detached
Number Of Units Total
2
Gross Scheduled Income
$18,000
Operating Expense
2600

Listing courtesy of Listing Agent: Christine Kennedy (chriskennedyhomes@gmail.com) from Listing Office: Compass.

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . 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.