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Whittier Triplex on Large Lot

12718 Shreve Road Whittier, CA 90602

12718 Shreve Road, Whittier, CA, 90602
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Triplex with strong income potential in desirable Whittier neighborhood.

Property Size2,703 SF
Lot Size0.23 Acres
Price / SF$425.45
AddedMay 19, 2025
Days on Market423
Last RefreshJul 13 at 3:37 am

Property Features for 12718 Shreve Road

General Information

Standard status
Active
Size
2,703 SF
Lot size
0.23 Acres
Property subtype
Multifamily

Listing office HOMEGROWN WEALTH INC.

Listing date May 19, 2025

Source Crexi

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 HOMEGROWN WEALTH INC.


Investment Insights

Based on property information with market context.

This triplex, located in a desirable Whittier neighborhood, features a total of 2,703 square feet of living space distributed across multiple rental units. Each unit has its own address and a garage for parking and storage. The property is situated on a lot of over 9,867 square feet. The units are currently occupied, generating strong monthly income, making it suitable for investors seeking long-term returns. Its location provides convenient access to schools, shopping centers, and major freeways.

Key Highlights

  • Strong monthly rental income from multiple units.
  • Large 9,867+ sq ft lot size.
  • Triplex with 2,703 total sq ft of living space.

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
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.

Component $ $/SF
Gross rent $73.0k $27.00
− Vacancy −$5.5k −$2.05
EGI $67.4k $24.95
− OpEx −$20.2k −$7.48
NOI $47.2k $17.46
2,703 SF · lease $27.00/SF/yr · vacancy 7.60% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$674.3K
$590.1K – $786.7K (±1% cap)
NOI $47,204 @ 7.0% cap · market cap 4.10%
Second Best
Apartment 5plus
$621.3K
$543.7K – $724.9K (±1% cap)
NOI $43,493 @ 7.0% cap · market cap 3.78%
Theoretical Best
Office A
$1.45M
$1.27M – $1.69M (±1% cap)
NOI $101,302 @ 7.0% cap · market cap 8.81%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Law Firm Real Estate Agency Hair Salon Spa & Massage Center Dental Office Nail Salon Accounting Firm Skin Care Clinic Daycare Center Gym & Fitness Center

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Triplex - Triplex with strong income potential in desirable Whittier neighborhood.
Where is this triplex located?
The property is located at 12718 Shreve Road Whittier, CA.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: Strong monthly rental income from multiple units.; Large 9,867+ sq ft lot size.; Triplex with 2,703 total sq ft of living space.
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