12831 Shreve Road

Description

Discover a unique opportunity in the heart of Whittier, on the market for the first time in 40 years. This two-story single-family residence occupies a expansive lot exceeding 10,000 square feet. It is zoned for two homes and offers sufficient space for an accessory dwelling unit in the future. The previous owners altered the original design to enhance rental potential. The ground level features a large one-bedroom, one-bathroom apartment with a spacious living area and the benefit of both front and rear exits. The primary residence includes a generous living room, a distinct dining area, and a grand flagstone gas fireplace, adjacent to a custom-tiled kitchen with a gas stove. Additionally, there's a downstairs bathroom and a large laundry room equipped for a gas dryer. Ascend the staircase to find two bedrooms served by a sizable full bathroom. A separate studio apartment with its own entryway adds to the rental possibilities. Leasing all three units could yield a modest monthly income of $6,000 or more. Alternatively, reside in the main house and rent the other units for immediate income, while envisioning and constructing your dream home on the back of the lot. Size truly matters with this property, making it an ideal "family compound" for multi-generational living. Personalize the home to fit your preferences and way of life. While the property is a "fixer upper", the potential for customization is limitless. Yes, customize the home to your liking, and make it yours. The property is sold "As Is," with no seller guarantees or warranties. Buyers should independently verify square footage and other property specifics.

Listing information courtesy of: Albert Jones, MORTGAGE MAVENS INC. 800-729-5111. *Based on information from the Association of REALTORS/Multiple Listing as of 11/14/2024 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.