Two-Residence Duplex
For Sale
$1,649,000
14502 Broadway, Whittier, CA 90604
Independent residences offer separate access, utilities, kitchens, and laundry facilities on a corner lot.
Property Size3,657 SF
Lot Size0.20 Acres
Days on Market22
Property Features for 14502 Broadway
General Information
Standard status
Active
Size
3,657 SF
Lot size
0.20 Acres
Property subtype
Duplex
Units
Unit Mix
1 x 4BR/3.5BA, 1 x 3BR/3BA
Multifamily Units
2
Additional Details
Utilities to Site
Yes
Building Details
Building Size
3,657 SF
Year Built
1949
Buildings
2
Listing Agency:
First Team Real Estate
(562) 753-7024
Listed By:
Michael Kahn · License #02221366
Source:
Archetyperealty
Added: Aug 4
Changed: Aug 23
Last Checked: Aug 24 at 1:43PM
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 First Team Real Estate
Investment Insights
Based on property information with market context.
This duplex property comprises two independent residences on an 8,580-square-foot corner lot. The front home measures approximately 2,459 square feet and includes four bedrooms, 3.5 bathrooms, an open living arrangement, skylights, wood-beamed truss ceilings, a kitchen with an oversized island, central heating and air conditioning, solar, an attached two-car garage, and indoor laundry.
A newly constructed, fully permitted detached residence adds approximately 1,200 square feet across two stories, with three bedrooms and three bathrooms. Each bedroom has an ensuite bathroom and walk-in closet, while the home also features an open living area, a kitchen with premium appliances, stackable indoor laundry, owned solar, central HVAC, a tankless water heater, and a private balcony serving the upstairs primary suite.
Both residences have separate addresses, driveways, private entrances, and utility services. The property also includes an additional storage shed and is located in Whittier, California.
A newly constructed, fully permitted detached residence adds approximately 1,200 square feet across two stories, with three bedrooms and three bathrooms. Each bedroom has an ensuite bathroom and walk-in closet, while the home also features an open living area, a kitchen with premium appliances, stackable indoor laundry, owned solar, central HVAC, a tankless water heater, and a private balcony serving the upstairs primary suite.
Both residences have separate addresses, driveways, private entrances, and utility services. The property also includes an additional storage shed and is located in Whittier, California.
Key Highlights
- Two independent residences on an 8,580‑square‑foot corner lot
- Front residence offers approximately 2,459 square feet, 4 bedrooms, and 3.5 bathrooms
- Detached residence provides approximately 1,200 square feet, 3 bedrooms, and 3 bathrooms
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
$63,864
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
3.87%
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%
$1,277,280
$1.3M
Cap Rate 7%
$912,343
$912.3K
Cap Rate 9%
$709,600
$709.6K
Market Conditions
NOI Build-Up for 3,657 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
$98.7K $27.00/SF
− Vacancy
−$7.5K −$2.05/SF
EGI
$91.2K $24.95/SF
− OpEx
−$27.4K −$7.48/SF
NOI
$63.9K $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 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%
$1,277,280
Cap Rate 7%
$912,343
Cap Rate 9%
$709,600
Alternative Uses
Best Use
Multifamily LT 5
$912.3K
$798.3K – $1.06M
NOI $63,864 @ 7.0% cap · market cap 3.87%
Second Best
Apartment 5plus
$840.6K
$735.6K – $980.7K
NOI $58,844 @ 7.0% cap · market cap 3.57%
Theoretical Best
Office A
$1.96M
$1.71M – $2.28M
NOI $137,056 @ 7.0% cap · market cap 8.31%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
278
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
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 - Independent residences offer separate access, utilities, kitchens, and laundry facilities on a corner lot.
Where is this duplex located?
The property is located at 14502 Broadway Whittier, CA.
What is the asking price?
The asking price for this property is $1,649,000.
What are key features of this property?
This property features: Two independent residences on an 8,580‑square‑foot corner lot; Front residence offers approximately 2,459 square feet, 4 bedrooms, and 3.5 bathrooms; Detached residence provides approximately 1,200 square feet, 3 bedrooms, and 3 bathrooms
