Four-Unit Residential Income
For Sale
$1,600,000
12422 Clearglen Avenue, Whittier, CA 90604
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 Market212
Property Features for 12422 Clearglen Avenue
General Information
Standard status
Active
Size
4,402 SF
Lot size
0.19 Acres
Property subtype
Quadruplex
Additional Details
Multifamily Units
4
Building Details
Building Size
4,402 SF
Year Built
1963
Tenancy
Multi
Listing Agency:
JohnHart Corp
Listed By:
Sofia Martinez · License #02045605
Source:
Archetyperealty
Added: Mar 26
Changed: Oct 11
Last Checked: Oct 21 at 3:31AM
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
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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
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$76,875
Cap Rate
4.80%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,537,500
$1.5M
Cap Rate 7%
$1,098,214
$1.1M
Cap Rate 9%
$854,167
$854.2K
Market Conditions
NOI Build-Up for 4,402 SF
Gross rent
$118.9K $27.00/SF
− Vacancy
−$9.0K −$2.05/SF
EGI
$109.8K $24.95/SF
− OpEx
−$32.9K −$7.48/SF
NOI
$76.9K $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 Rate 5%
$1,537,500
Cap Rate 7%
$1,098,214
Cap Rate 9%
$854,167
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 authorities.
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Lease Details
4
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
495
Businesses Nearby
Explore this area
Business Placement
Demographics for 90604, CA
40,110
Population
12,103
Households
3.3
Avg Household Size
37
Median Age
23%
College-Educated
87%
High-School Grad
4.2 sq mi
ZIP Area
9,550
Density / Sq Mi
$101,104
Median Household Income
$47,359
Median Earnings
$1,809
Median Rent
$684,400
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
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
