Four-Unit Residential Income
12422 Clearglen Avenue Whittier, CA 90604
12422 Clearglen Avenue, Whittier, CA, 90604
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For Sale
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Four well-maintained units each feature 2 bedrooms, 1.5 baths, an attached one-car garage, and a private patio.
Property Size4,402 SF
Lot Size0.19 Acres
Price / SF$363.47
Days on Market118
Property Features for 12422 Clearglen Avenue
General Information
- Standard status
- Active
- Size
- 4,402 SF
- Lot size
- 0.19 Acres
- Property subtype
- Multifamily
Listing agency
JohnHart Corp
Listed by
Sofia Martinez · License #02045605
Source
Crexi
Added: Mar 27 Updated: Jul 21 at 11:11PM Checked: Jul 21 at 11:11PM
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 JohnHart Corp
Investment Insights
Based on property information with market context.
Located in Whittier, this well-maintained four-unit residential income property includes four spacious units, each with 2 bedrooms and 1.5 bathrooms. The units offer functional layouts, along with an attached one-car garage with direct access and a private patio for indoor-outdoor living.
The property is situated on a lot of approximately 8,330 square feet with an estimated total building size of approximately 4,402 square feet. The location is described as convenient to shopping centers, dining, and a local park within an established residential neighborhood.
For buyers seeking a four-plex configuration with consistent unit amenities, this property provides a straightforward, uniform unit mix across all four residences.
The property is situated on a lot of approximately 8,330 square feet with an estimated total building size of approximately 4,402 square feet. The location is described as convenient to shopping centers, dining, and a local park within an established residential neighborhood.
For buyers seeking a four-plex configuration with consistent unit amenities, this property provides a straightforward, uniform unit mix across all four residences.
Key Highlights
- Four‑unit multifamily at 12422 Clearglen Avenue in Whittier
- Each unit offers 2 bedrooms and 1.5 bathrooms with a functional layout
- Attached one‑car garage with direct access for every unit
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 | $118.9k | $27.00 |
| − Vacancy | −$9.0k | −$2.05 |
| EGI | $109.8k | $24.95 |
| − OpEx | −$32.9k | −$7.48 |
| NOI | $76.9k | $17.46 |
4,402 SF · lease $27.00/SF/yr · vacancy 7.60% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.10M
$960.9K – $1.28M
NOI $76,875 @ 7.0% cap · market cap 4.80%
Second Best
Apartment 5plus
$1.01M
$885.4K – $1.18M
NOI $70,832 @ 7.0% cap · market cap 4.43%
Theoretical Best
Office A
$2.36M
$2.06M – $2.75M
NOI $164,977 @ 7.0% cap · market cap 10.31%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Quadplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Quadplex - Four well-maintained units each feature 2 bedrooms, 1.5 baths, an attached one-car garage, and a private patio.
Where is this quadplex located?
The property is located at 12422 Clearglen Avenue Whittier, CA.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: Four‑unit multifamily at 12422 Clearglen Avenue in Whittier; Each unit offers 2 bedrooms and 1.5 bathrooms with a functional layout; Attached one‑car garage with direct access for every unit