Two-Residence Duplex
For Sale
$1,249,000
10938 Bexley Dr, Whittier, CA 90606
Two separate residences provide flexible living arrangements with a modern detached ADU and shared outdoor space.
Property Size2,297 SF
Lot Size0.15 Acres
Price / SF$543.75
Days on Market73
Property Features for 10938 Bexley Dr
General Information
Standard status
Active
Size
2,297 SF
Lot size
0.15 Acres
Property subtype
Duplex
Units
Unit Mix
2 x 3BR/2BA
Multifamily Units
2
Building Details
Building Size
2,297 SF
Year Built
2026
Buildings
2
Listing Agency:
EXCELLENCE RE REAL ESTATE
(562) 948-4553
Listed By:
PABLO RAMIREZ · License #02015087
Source:
Archetyperealty
Added: Jun 5
Changed: Aug 15
Last Checked: Aug 15 at 5:16AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of EXCELLENCE RE REAL ESTATE
Investment Insights
Based on property information with market context.
This duplex-style property includes a 3-bedroom, 2-bath main residence and a separate 3-bedroom, 2-bath accessory dwelling unit. The ADU was completed in 2026 and features high ceilings, plentiful natural light, a front porch, contemporary finishes, and landscaped surroundings. Together, the residences provide approximately 2,297 square feet of living space on a 6,631-square-foot lot.
The large lot offers outdoor space for entertaining, gardening, and recreation, while the detached configuration gives each residence a distinct setting. The property can accommodate multigenerational living, extended household needs, or an arrangement in which one residence is occupied and the other is rented. Built in 2026, the property combines a newer secondary residence with an established main home in a flexible two-residence layout.
The large lot offers outdoor space for entertaining, gardening, and recreation, while the detached configuration gives each residence a distinct setting. The property can accommodate multigenerational living, extended household needs, or an arrangement in which one residence is occupied and the other is rented. Built in 2026, the property combines a newer secondary residence with an established main home in a flexible two-residence layout.
Key Highlights
- Two separate 3‑bedroom, 2‑bath residences
- Approximately 2,297 square feet of total living space
- 6,631‑square‑foot lot with landscaped outdoor areas
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$40,114
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.21%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$802,280
$802.3K
Cap Rate 7%
$573,057
$573.1K
Cap Rate 9%
$445,711
$445.7K
Market Conditions
NOI Build-Up for 2,297 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$62.0K $27.00/SF
− Vacancy
−$4.7K −$2.05/SF
EGI
$57.3K $24.95/SF
− OpEx
−$17.2K −$7.48/SF
NOI
$40.1K $17.46/SF
Area
Los Angeles County, CA
Vacancy
7.60%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$802,280
Cap Rate 7%
$573,057
Cap Rate 9%
$445,711
Alternative Uses
Best Use
Multifamily LT 5
$573.1K
$501.4K – $668.6K
NOI $40,114 @ 7.0% cap · market cap 3.21%
Second Best
Apartment 5plus
$528.0K
$462.0K – $616.0K
NOI $36,961 @ 7.0% cap · market cap 2.96%
Theoretical Best
Office A
$1.23M
$1.08M – $1.43M
NOI $86,086 @ 7.0% cap · market cap 6.89%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,503
Businesses Nearby
Explore this area
Business Placement
Demographics for 90606, CA
32,078
Population
8,982
Households
3.6
Avg Household Size
38
Median Age
18%
College-Educated
76%
High-School Grad
3.8 sq mi
ZIP Area
8,442
Density / Sq Mi
$94,904
Median Household Income
$45,361
Median Earnings
$1,913
Median Rent
$623,500
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two separate residences provide flexible living arrangements with a modern detached ADU and shared outdoor space.
Where is this duplex located?
The property is located at 10938 Bexley Dr Whittier, CA.
What is the asking price?
The asking price for this property is $1,249,000.
What are key features of this property?
This property features: Two separate 3‑bedroom, 2‑bath residences; Approximately 2,297 square feet of total living space; 6,631‑square‑foot lot with landscaped outdoor areas
