6342 Pickering Avenue, Whittier, California 90601, Whittier, 90601 - 6 bed, 4 bath

6342 Pickering Avenue, Whittier, California 90601 home-pic-0
ACTIVE$1,474,888
6342 Pickering Avenue, Whittier, California 90601
6Beds
4Baths
3,168Sqft
6,533Lot
Year Built
1950
Close
-
List price
$1.47M
Original List price
$1.47M
Price/Sqft
$466
HOA
-
Days on market
-
Sold On
-
MLS number
PW25057855
Home ConditionExcellent
Features
Patio
ViewNeighborhood

About this home

We found 3 Cons,5 Pros. Rank: price - $1.47M(90th), sqft - 3168(80th), beds - 6(80th), baths - 4(80th).

DON’T MISS OUT on this recently updated investment opportunity located in the heart of Uptown Whittier! This multi-unit property includes a 2 bedroom/1 bath front unit, a 1 bedroom/1 bath unit and a 3 bedroom/2 bath rear unit. Throughout all 3 units you'll find new LED recess lighting, premium water-proof laminate flooring, stunning open-concept kitchens, high-end countertops and white shaker cabinets! The 990 sqft 2 bed/1 bath front unit comes with its own individual laundry room, a private driveway for parking, a carport and a spacious patio area! The 594 sqft 1 bed/1 bath unit comes with its own 1-car parking garage and a side gate for alley access that leads to the front entry with yard space! Then, the 1584 sqft 3 bed/2 bath unit comes with tall ceilings and plush carpet in the bedrooms, its own 2-car parking garage and a private backyard area! Also, there is a 1584 sqft permitted storage space directly above the 3 bed/2 bath unit that can provide even more potential living area if converted! In addition, this property offers an updated roof, copper plumbing, electrical and HVAC ducting for all the units! To top it all off, this property is located minutes away from popular Uptown Whittier shops and restaurants, Whittier College, Whittier High School, beloved parks, hiking trails and more! Overall, this is the PERFECT opportunity for an investor or for someone who desires a multi-unit property where they can live in one unit and rent out the rest!

Price History

Date
Event
Price
06/06/24
Sold
$838,000
01/23/19
Sold
$550,000
12/28/04
Sold
$300,000
Condition Rating
Excellent

Despite being built in 1950, this multi-unit property has undergone extensive and recent renovations, bringing it to an 'excellent' condition. The listing explicitly states 'recently updated' with 'new LED recess lighting, premium water-proof laminate flooring, stunning open-concept kitchens, high-end countertops and white shaker cabinets' throughout all units. Major system upgrades include an 'updated roof, copper plumbing, electrical and HVAC ducting.' The images confirm modern, clean aesthetics in the kitchens with white shaker cabinets, dark countertops, and new appliances (where visible), and contemporary bathrooms featuring modern vanities, rectangular sinks, and subway-tiled showers. All components appear new or virtually new, meeting current quality standards with no deferred maintenance, aligning perfectly with the 'excellent' criteria for a recently and extensively renovated property.
Pros & Cons

Pros

High Income Potential: This triplex offers significant rental income potential, ideal for investors or owner-occupants looking to live in one unit and rent out the others.
Extensive Modern Renovations: All units have been recently updated with new LED lighting, premium waterproof laminate flooring, open-concept kitchens, high-end countertops, and white shaker cabinets.
Significant System Upgrades: Major infrastructure updates include an updated roof, copper plumbing, electrical, and HVAC ducting for all units, reducing immediate maintenance concerns.
Future Expansion Opportunity: A 1584 sqft permitted storage space above the largest unit provides clear potential for conversion into additional living area, enhancing value and income.
Prime Uptown Whittier Location: Located minutes from popular Uptown Whittier shops, restaurants, Whittier College, high school, parks, and hiking trails, boosting tenant appeal and property value.

Cons

Age of Original Construction: Built in 1950, despite extensive updates, the underlying structure is older, which could lead to unforeseen issues not covered by recent renovations.
Cost to Realize Expansion Potential: Converting the 1584 sqft permitted storage space into living area requires additional significant investment and planning by the buyer.
Inconsistent Unit Finishes: While generally updated, the largest unit features plush carpet in bedrooms, contrasting with the premium laminate flooring found throughout other units, potentially impacting tenant preference.

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