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Listed by Kristopher German • RE/MAX 2000 REALTY
$ 1,525,000
Est. payment /mo
New
12406 Clearglen Avenue Whittier, CA 90604
4,770 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Square Footage 4,770 sqft
Price per Sqft $319
MLS Listing ID CV-25191863
Year Built 1963
Lot Size 8,086 Sqft
Property Sub-Type Apartment
Property Description
We are pleased to present an outstanding opportunity to acquire a well-located 4-unit property in Whittier, featuring a highly desirable unit mix of (1) 3-Bed/2-Bath and (3) spacious 2-Bed/1-Bath units. Offering over 4,700 rentable square feet on an 8,000+ sq. ft. lot, this asset provides excellent rental appeal and long-term stability.
Tenants benefit from gated entryways, onsite laundry facilities, and ample parking with both garage and carport spaces available. The property is also separately metered for gas and electricity, keeping operating expenses low for ownership.
With a ProForma Cap Rate of 6.95% and ProForma GRM of 11.02, this is a well-priced 4-unit in a strong rental corridor of Whittier. Ideal for both seasoned investors and 1031 exchange buyers seeking stable income and future upside.
Tenants benefit from gated entryways, onsite laundry facilities, and ample parking with both garage and carport spaces available. The property is also separately metered for gas and electricity, keeping operating expenses low for ownership.
With a ProForma Cap Rate of 6.95% and ProForma GRM of 11.02, this is a well-priced 4-unit in a strong rental corridor of Whittier. Ideal for both seasoned investors and 1031 exchange buyers seeking stable income and future upside.
Location
State CA
County Los Angeles
Area W1 - Whittier
Zoning LCR3*
Interior
Laundry Common Area
Exterior
Parking Features Garage, Garage - Three Door, Attached Carport
Garage Spaces 2.0
Pool None
Community Features Sidewalks, Street Lights
Utilities Available Sewer Available, Water Available, Electricity Available, Natural Gas Available
View Y/N No
View None
Building
Lot Description 0-1 Unit/Acre
Sewer Public Sewer
Nicole Van Parys & Gary Nesen
License Partners, Private Office Advisors | License ID: 01108944