5860 Whittier Blvd, Los Angeles, CA 90022
FOR SALE

5860 Whittier Blvd
Los Angeles, CA 90022

  • 8 Beds
  • 8 Baths
  • 8,868 sqft
  • 8 Beds
  • 8 Baths
  • 8,868 sqft

$1,895,000

Original price: $1,949,000
Est. Mortgage $12,126/mo*
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Local Information

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Description

We are proud to present a 10-unit mixed use investment opportunity in East Los Angeles. The offering is an exceptional opportunity to purchase 2 retail and 8 apartment units in an affordable and growing submarket adjacent to Montebello and situated on an iconic Los Angeles area street only 15 minutes from Downtown Los Angeles. 5860 Whittier Blvd, is a value-add investment property positioned for growth in a growing submarket. The offering includes a mix of 4 x 1-bed/1-bath, 4 x studio/1-bath apartments, and two retail spaces. Built in 1929 during Los Angeles' most significant architectural period, the property is an 8,868 Sq. Ft. building on 5,100 lot. The property is separately metered for gas and electric with five of the units featuring an outdoor patio.The East Los Angeles submarket, borders Montebello, South San Gabriel, and enjoys ease of access within 5 minutes to all of Los Angeles' major highways including the 5,10,60, 101, and the 710. As these surrounding markets continue to gentrify and become redeveloped East Los Angeles will follow suit as the affordable option for city dwellers. 5860 Whittier is positioned for a buyer with a new business plan to continue to grow rents and add value. Property may be delivered with 2 vacancies. Also, please note, Type 3 unit are the first floor retail rents. Also available is a 20 car parking lot two parcels west from the subject property, separately available for $415k.

Home Highlights

Parking
None
Outdoor
No Info
A/C
Heating only
HOA
None
Price/Sqft
$214
Listed
144 days ago

Home Details for 5860 Whittier Blvd

Interior Features

Beds & Baths
Number of Bedrooms: 8Number of Bathrooms: 8
Dimensions and Layout
Living Area: 8868 Square Feet
Heating & Cooling
Heating: WallNo CoolingAir Conditioning: NoneHas HeatingHeating Fuel: Wall
Levels, Entrance, & Accessibility
Stories: 2Levels: Two

Exterior Features

Exterior Home Features
Other Structures: NoneExterior: Balcony
Parking & Garage
No CarportNo GarageNo Attached GarageParking: None

Days on Market

Days on Market: 144

Property Information

Year Built
Year Built: 1929
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi Family

Price & Status

Price
List Price: $1,895,000Price Per Sqft: $214

Active Status

MLS Status: Active

Location

Direction & Address
City: Los Angeles

Agent Information

Listing Agent
Listing ID: 23-337761

Building

Building Area
Building Area: 8868 Square Feet

Lot Information

Lot Area: 5105.232 sqft

Listing Info

Special Conditions: Standard

Compensation

Buyer Agency Commission: 1.75Buyer Agency Commission Type: %
Notes
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed

Miscellaneous

Mls Number: 23-337761
Last check for updates: 1 day ago
Listing courtesy of Manny Nunez DRE # 01990970, (310) 550-2602
CB Richard Ellis, Inc.
Source: CLAW, MLS#23-337761

Price History for 5860 Whittier Blvd

DatePriceEventSource
01/29/2024$1,895,000PriceChange
CLAW #23-337761
12/06/2023$1,949,000Listed For SaleCLAW #23-337761
12/31/1996$185,000Sold
N/A

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Property Taxes and Assessment

Year2023
Tax$10,126
Assessment$497,838
Home facts updated by county records

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What Locals Say about Los Angeles

  • 79vb8t6r6c
    "Limited sidewalks and street lighting at night. I rarely walk or stroll around in the area and drive everywhere. A few restaurants and a coffee shop is walkable, about 15 minutes on near Wilshire."
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  • Neighbor not friend
    "Car traffic due to alt freeway entrances has become dangerous for walking or biking. Some vandalism exists. "
    1
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  • Greg Klein
    "I grew up here, and it feels very much like home. The traffic is minimal, there’s both high and lower end shops, and it’s incredibly safe and quiet."
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  • BZ
    "Venice is unique and eclectic with wonderful restaurants and a fun nightlife. It’s a great place for young people. "
    1
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  • Adam Harman
    "Very walkable streets and high dog population neighborhood. Lots of people out walking in the evenings on a nice day, many with baby strollers, dogs or both."
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  • Adam Harman
    "We moved to this neighborhood as a predominate work-from-home location. It’s a good community with lots of lot space where even in heavy commuter traffic you can get to the west side in ~45 mins. This feels especially satisfying compared to further out communities that people go for similar space but require 1-1.5 hour commutes each way."
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  • Adam Harman
    "Neighborhood has yearly events, such as a holiday get together and the area draws a lot of people for Halloween festivities. There’s a number of young families that have come into the area in the past couple years and there’s good above average interaction and playtime amongst them, compared to other areas of Los Angeles from experience."
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  • Trulia User
    "I mostly commute by car or bicycle. There are glstretts with sidewalks and many trees, quite area to walk with dogs. Also, Lake Balboa and VNSO within 10min drive. I like Sherman Oaks "
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  • Amolina23
    "Don’t have kids here, it is not a safe place but there is a lot of culture #Respect you gotta hustle to be here fr "
    3
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  • John
    "A few good parks for dogs at the periphery of the neighborhood, many dog lovers. However sidewalks disappear at critical moments making walking with a dog treacherous and there's some big dog phobia here (same as many parts of LA) "
    0
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  • Trulia User
    "I work in the area it seems pretty safe at night but still there are some seedy characters. But not harmful. I feel safe going to my car and work "
    1
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  • Trulia User
    "I’m not a parent. But there are A lot of families in the area. Very walkable but pricey. Good schools I think. "
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  • 7r6vvrxtc2
    "Bums everywhere, screaming….lots of oglers when walking down the street….crowded, no playgrounds . Good for visit, not for living. "
    2
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  • Natalia Modenova
    "It’s clean and safe it’s very good for kids of all ages really that’s it that I have to say - well my friends raise kids here "
    0
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  • rnewcomb33
    "Nobody knows anyone Some neighborhoods are brotherly and others are distant and less interactive. Knownmsayin? "
    0
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  • Chalit V
    "Great convenient safe area next to everything. Beach. Shopping. Downtown. Long Beach. OC. Restaurants. "
    0
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  • Pxleclipse
    "There are cool art-related events at Giant Robot. B Sweet has a live band on certain nights of the week."
    1
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  • Trulia User
    "I wouldn’t raise a child here. Look further out. There are nice apartments, sure, but the environment alone isn’t great for walks or going out with kids. "
    0
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  • Hannah Gutierrez
    "Residents are very supportive of schools in the neighborhoods when it comes to fundraising, food insecurity, parades, etc"
    0
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  • Blondecowboyinla
    "We have friendly neighbors who know each other, interact, talk and invite neighbors over for events and get togethers."
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  • Sugar1975
    "Friendliest families that have lived on Lemon Grove and Hobart for over 15 years. Lemon Grove Park and Melrose Hills make for a nice late afternoon walk with our two toddlers. "
    0
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  • Fzjjg6m8hq
    "Not good place for dogs traffic is too out of control people drive super fast run stop signs not a nice area neighbor wise "
    0
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  • Trulia User
    "I am very close to the expo line down town to Santa Monica and everything in between very easy and convenient to get to with a short walk "
    0
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  • Gwendolyn Anthony
    "Not available bad this scares is not safe for the disable. B very careful. Senior citizen beware. Safety is a issues"
    2
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  • Lucy Ceja
    "Dogs that are kept inside are too loud and some dogs even can jump the fence. Lots of dogs also leave outside no owner no leashed not dangerous dogs "
    1
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  • Evelin
    "There’s regular traffic, and there’s some good areas and some bad areas people usually commute by car "
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  • Charles CJ Ramsey III
    "It’s definitely a lot more peaceful than the inner city. It’s a quiet area with a lot of hard working families. "
    1
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  • Santiago Juyo
    "Food and trash on the ground can be dangerous so annoying to deal with here in Venice. Lots of green areas "
    1
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  • Aldric G.
    "Dog owners would like walking their dogs around the neighborhood as the blocks are big enough for good walking distances and there is a park nearby for dogs to run around and play."
    0
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  • Djgmyzwdkp
    "Great place to raise kids, close to parks, music centers, and children’s private classes , water wings, gymnasium etc."
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  • Gsauce2327
    "I live on Altura Ave and my neighbors are some of the best people I know. My neighbors older son goes to the same school as my oldest and he drives him to school. In the summer months our neighbor lets my kids use his pool to cool off."
    1
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  • Balaji.swami
    "Many events, elks lodge, Halloween and other partners year around. Neighbors grow their own food and plant trees"
    2
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  • M9dwwn7679
    "Lots of dog walkers about, active community, especially in the mornings and evenings. Some small dog parks are around. "
    1
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  • Logan Martin
    "Daily driver, apartment complex gated. Double gates. Left right left right straight for a while then over the hill. "
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  • Hv24c2h8yj
    "Everyone want keeps to themselves. It's pretty quit. The downside is there aren't too many healthy food options and areas to work out."
    3
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  • Paul N Caporaso
    "Diversity and architecture are both very important aspects of the neighborhood. There are great small businesses as well, especially along Pico. Needs safer streets though as cars speed all the time and the area is pinch point for several main boulevards. "
    2
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  • Jasmine.rubin93
    "Very cultural and pretty views Great community nice neighbors Feels like you live in a small town inside the city "
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  • elianna arvizu
    "I lived in this neighborhood for over a year. The weekends are loud you can hear music being played from houses down the street. Not walkable at all. Huge dogs everywhere and doesn’t feel the safest. Pretty dirty and unmaintained. Closest grocery store is a food for less which is dirty and not where I would want to buy my groceries."
    14
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  • Wesley S
    "No good for living in this place, a lot homeless, streets dirty, not safely for your family or friends"
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  • Meagan8819
    "It is pretty scary here. As soon as we can come up we are out of this place. Going north or somewhere we do these gunshots every night. "
    5
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LGBTQ Local Legal Protections

Manny Nunez, CB Richard Ellis, Inc.
© 2024 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW as of 2024-01-24 14:45:40 PST. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
5860 Whittier Blvd, Los Angeles, CA 90022 is a 8 bedroom, 8 bathroom, 8,868 sqft multi-family built in 1929. This property is currently available for sale and was listed by CLAW on Dec 6, 2023. The MLS # for this home is MLS# 23-337761.