11549 Burke Street, Whittier, California 90606, Whittier, 90606 - bed, bath

ACTIVE UNDER CONTRACT$799,000
11549 Burke Street, Whittier, California 90606
0Bed
0Bath
1,594Sqft
7,712Lot
Year Built
1926
Close
-
List price
$799K
Original List price
$799K
Price/Sqft
$501
HOA
-
Days on market
-
Sold On
-
MLS number
RS23050490
Home ConditionPoor
Features
View-
About this home
We found 3 Cons,5 Pros. Rank: price - $799.0K(33th), sqft - 1594(33th), beds - undefined(50th), baths - undefined(50th).
Great duplex in the Los Nietos area of Whittier. This property offers a spacious living area of 1,594 sq ft on a large 7,712 sq ft lot. You have two separate units, each with their own entrance and attached two car garage.
Price History
Date
Event
Price
03/27/23
Listing
$799,000
Condition Rating
Poor
Built in 1926, this property is nearly a century old. While the exterior appears to have received some basic maintenance (paint, roof), the overall aesthetic is very dated, including security bars on windows and a block/wrought iron fence. Crucially, there are no interior photos provided, especially of the kitchen and bathrooms. For a property of this age, the absence of interior images strongly suggests these critical areas, along with major systems (plumbing, electrical, HVAC), are likely original or very outdated and would require substantial repairs and rehabilitation to meet current standards and comfort levels. The property likely needs significant investment beyond minor updates.
Pros & Cons
Pros
Income-Generating Asset: As a duplex with two separate units, this property offers immediate rental income potential, appealing to investors or owner-occupants looking to offset mortgage costs.
Generous Lot Size: The substantial 7,712 sq ft lot provides ample outdoor space, potential for future expansion, or enhanced privacy, which is a premium in urban environments.
Enhanced Tenant Appeal: Each unit features its own entrance and an attached two-car garage, significantly increasing tenant privacy, convenience, and overall desirability.
Strategic Property Type: Duplexes are a highly sought-after asset class, appealing to a wide range of buyers including investors, multi-generational families, and owner-occupants looking for rental income.
Established Location: Situated in Whittier, a well-regarded Southern California city, the property benefits from a stable market and community amenities.
Cons
Advanced Age of Construction: Built in 1926, the property is nearly a century old, suggesting potential for outdated systems (electrical, plumbing, HVAC) and requiring significant capital expenditure for modernization or deferred maintenance.
Active Under Contract Status: The current 'Active Under Contract' status indicates the property is already in escrow, limiting immediate purchase opportunities for new prospective buyers and suggesting a competitive market.
Unspecified Renovation Status: The description lacks details on recent renovations or upgrades, implying that the property may require substantial investment to meet contemporary living standards and tenant expectations.