12502 Bailey St, Whittier, CA 90601 | Cancelled

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Off-Market Call for Pricing

Call for Pricing
  • (0)
  • 5 Bedrooms
  • 3.00 Bathrooms
  • 2,664 Sq Ft
  • 7,503 Sq Ft
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Description

We are pleased to present a desirable 2-On-A-Lot in a Great Pocket of Uptown Whittier sitting on a Large 7,503 square foot lot zoned WHR3. It is the first time this property has been offered for sale in 43 years (just over 4 Decades). A great Whittier location, and across the street from Whittier High School plus, minutes to Whittier College. This listing offers a spacious 2-Bed + 1-Bath single-family home (approximately 992 square feet, built in 1914) and an additional unit of a 3-Bed + 2.5-Bath two-story townhome-style unit (approximately 1,672 square feet, built in 1986). With low operating expenses, a 5.69% Cap Rate, 12.00 GRM and utilities being separately metered for gas and electricity this allows the owner minimal landlord expenses. The property is a short distance to shops and restaurants in Uptown Whittier as well as the New Whittier Groves neighborhood and adjacent to the prestigious College Hills. This community-focused atmosphere is a 'Walker's Paradise" that garners a 93 Walk-Score. In addition to the many benefits this property offers, the potential investor can take advantage of the residential financing opportunity. This is considered the City of Whittier where it is only subject to the statewide AB1482 rent ordinance (and no local rent control), offering the buyer rental upside potential. ( Both Units Are Occupied - Units Will NOT Be delivered Vacant ).

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Amenities

Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt

Income

Rental Units


The income description goes here to explain

Expenses

Property Details

List Price $890,000
Property Type Duplex (2-units)
Usable Sqft 2,664
Number of Stories 1 stories
Parking Spots 0 spots
Year Built 1986
Last Sold Unknown
Sold Price Unknown
APN # 8139010012
MLS # 25570643
Property ID 291810113
Lot Sqft 7,503
Zoning WHR3*
Total Units 2
Date Updated October 01, 2025
Date Created July 28, 2025
Unit # Beds Baths Current Rent Proforma Rent
Unit #1 3 2.50 $3,159 $3,400
Unit #2 2 1.00 $3,024 $3,050
Gross Income (Yr) $ 71,970
Operating Expenses $ 21,318
Net Income (Yr) $ 50,652
Cap Rate5.69%

Listing Provided By

Shant Sherbetdjian an agent of . Lic #01713570


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