- $2.8M Price
- .26 Acres
- 87 DOM
9025 Mills Avenue
9025 Mills Ave checks the right boxes. No local rent control, steady income, and headache-free operations in a reliable pocket of LA County. Offered to the market for the first time in over 30 years, 9025 Mills Avenue is a well-maintained 10-unit complex in East Whittier, that offers both stable income and a convenient location. Built in 1960, the property includes (4) 2-bdrm. units and (6) 1-bdrm. units, that have been consistently maintained by long-term ownership. All units feature dual-pane windows, and select units have balconies or patios. Offered at a 5.30% CAP and 12.19 GRM on current rents, the property offers solid in-place income, with projected stabilization at 6.34% CAP and 10.73 GRM after interior updates. Market rents in the area support approx. 13% rental upside. 9025 Mills is not subject to local rent control, allowing for full CPI-based increases under statewide AB 1482 guidelines (currently 8.8% - buyer to verify). Located just south of Whittier Blvd, 9025 Mills is walkable to a mix of cafes, grocers, and daily retail. It’s also just over a mile from both The Quad at Whittier and Whittwood Town Center, two of the city’s largest shopping hubs. In addition, the property is located 0.5 miles from Whittier Hospital Medical Center (employs approx. 3,700 people). For someone looking to hold long-term and avoid unnecessary headaches, 9025 Mills Ave checks the right boxes. Steady income and headache-free operations in a reliable pocket of LA County.
Essential Information
- MLS® #IV25113370
- Price$2,750,000
- Bathrooms0.00
- Acres0.26
- Year Built1960
- TypeCommercial Sale
- Sub-TypeMulti Family
- StatusActive
Community Information
- Address9025 Mills Avenue
- Area670 - Whittier
- CityWhittier
- CountyLos Angeles
- Zip Code90603
Interior
- # of Stories2
Exterior
Lot Description
Near Public Transit, Paved, Walkstreet
Additional Information
- Date ListedMarch 25th, 2025
- Days on Market87
Listing Details
- AgentDaniel Reilly
- OfficeCLEAR PATH REALTY
Price Change History for 9025 Mills Avenue, Whittier, (MLS® #IV25113370)
| Date | Details | Change |
|---|---|---|
| Price Reduced from $2,900,000 to $2,750,000 | ||
| Price Reduced from $2,999,999 to $2,900,000 | ||
| Price Reduced from $3,200,000 to $2,999,999 |
Daniel Reilly, CLEAR PATH REALTY.
Based on information from California Regional Multiple Listing Service, Inc. as of August 15th, 2025 at 10:02pm PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.