Historic trophy property nestled in a prime location in Whittier has been completely restored. Reduced property taxes via Mills Act allows for a new owner to benefit from lower tax basis. Originally built in 1910 by the first President of Whittier College, this stunning American Foursquare estate is comprised of two houses and two garages on a very large 10,961 square foot lot. The front house alone is over 4,000 sq. ft. with antique hardwood floors, vintage chandeliers, double staircases and exceptional character throughout. Ideal investment opportunity with strong cash on cash return on current income with HUGE upside potential. The third-story loft overlooks the park like setting at Whittier College and beautiful views of Catalina Island on a clear day. The back house has an attached two car garage with two restrooms. The 3rd structure is a detached very large garage with professional automobile lift and air compressor setup which could possibly be converted to an ADU. This asset is ideal for student housing as well as many other possibilities. The back house and both garages were built in 2014-2015 from the ground up, while the entire front house was completely restored in 2014-2015 (new roofs, new plumbing, new electrical, new drainage, new concrete, new parking, new interior restoration etc.)
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