Two-Residence Duplex
For Sale
$1,649,000
14502 Broadway, Whittier, CA 90604
Whittier, CA
Property Size3,700 SF
Lot Size0.20 Acres
Price / SF$445.68
Days on Market61
Property Features for 14502 Broadway
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
7
Bathrooms
7
Full bathrooms
7
Rooms
Bedroom 1, Family Room, Bathroom 3, Bedroom 3, Bedroom 4, Bedroom 5, Bedroom 7, Bathroom 5, Laundry Room, Bathroom 4, Bathroom 2, Bathroom 1, Bathroom 7, Bedroom 2, Bedroom 6, Bathroom 6
Parking
6
Parking features
Gated, Pull-Through, Driveway, Garage
Window features
Blinds
Interior features
Beamed Ceilings, Balcony, Quartz Counters, High Ceilings, Ceiling Fan(s), Recessed Lighting, Open Floorplan, Copper Plumbing Full, In-Law Floorplan, Granite Counters
Appliances
Gas Water Heater, Tankless Water Heater, High Efficiency Water Heater, Electric Oven, Free-Standing Range, Gas Cooktop, Range Hood, Refrigerator, Gas Range, Disposal, Dishwasher, Microwave, ENERGY STAR Qualified Water Heater, Water Heater
Lot features
Corner Lot, Paved, Landscaped, Rectangular Lot, Park Nearby, 2-5 Units/ Acre
View
Hills
Directions
NE on Mills Ave. from Telegraph, Turn SE on Broadway, At the Corner of Broadway and Bonavista Ln.
Subdivision
670 - Whittier
Standard status
Active
APN
8154001002
Lot size
0.20 Acres
Utilities
Sewer type
Public Sewer
Heating system
Central, Solar (Heating)
Cooling system
Central Air, ENERGY STAR Qualified Equipment
Water source
Public
Amenities
central air conditioning
solar panels
indoor laundry
tankless water heater
private balcony
storage shed
tropical landscaping
wrought iron fencing
Building Details
Year built
1949
Floors in Building
2
Number of units
2
Flooring type
Vinyl
Building materials
Stucco, Drywall Walls
Roof type
Shingle
Architectural style
Contemporary, Ranch
Additional Structures
Storage
Listing Agency:
First Team Real Estate
(562) 270-0688
Listed By:
Michael Kahn · License #02221366
(562) 753-7024
Added: Jul 23
Changed: Sep 20
Last Checked: Sep 21 at 4:06AM
MLS# PW26169940
Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This duplex property includes two separate residences on a 8,580 sq ft corner lot. The front home provides approximately 2,459 sq ft with four bedrooms, 3.5 bathrooms, an open living layout, beamed ceilings, skylights, a kitchen with oversized island, central HVAC, solar, indoor laundry, and an attached two-car garage. A detached residence adds approximately 1,200 sq ft across two stories, with three bedrooms and three bathrooms. Every bedroom has an ensuite bathroom and walk-in closet, while the home also includes a private balcony, central HVAC, owned solar, tankless water heater, stackable laundry, and premium kitchen appliances.
Each residence has its own address, entrance, driveway, and utility services. The detached home is accessed by a private road with easement access and includes an additional storage shed. The property is located at 14502 Broadway in Whittier, California, with tropical landscaping, mature privacy plantings, and decorative wrought iron fencing. Public water and public sewer serve the property.
Each residence has its own address, entrance, driveway, and utility services. The detached home is accessed by a private road with easement access and includes an additional storage shed. The property is located at 14502 Broadway in Whittier, California, with tropical landscaping, mature privacy plantings, and decorative wrought iron fencing. Public water and public sewer serve the property.
Key Highlights
- Two residences on a 8,580 sq ft corner lot
- Front residence measures approximately 2,459 sq ft with 4 bedrooms and 3.5 bathrooms
- Detached residence measures approximately 1,200 sq ft with 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
$64,615
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
3.92%
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%
$1,292,300
$1.3M
Cap Rate 7%
$923,071
$923.1K
Cap Rate 9%
$717,944
$717.9K
Market Conditions
NOI Build-Up for 3,700 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
$99.9K $27.00/SF
− Vacancy
−$7.6K −$2.05/SF
EGI
$92.3K $24.95/SF
− OpEx
−$27.7K −$7.48/SF
NOI
$64.6K $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%
$1,292,300
Cap Rate 7%
$923,071
Cap Rate 9%
$717,944
Alternative Uses
Best Use
Multifamily LT 5
$923.1K
$807.7K – $1.08M
NOI $64,615 @ 7.0% cap · market cap 3.92%
Second Best
Apartment 5plus
$850.5K
$744.2K – $992.3K
NOI $59,536 @ 7.0% cap · market cap 3.61%
Theoretical Best
Office A
$1.98M
$1.73M – $2.31M
NOI $138,668 @ 7.0% cap · market cap 8.41%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Yes
Paved road access
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Duplex - Independent residences offer separate entrances, driveways, and utility services for flexible occupancy or rental use.
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 residences on a 8,580 sq ft corner lot; Front residence measures approximately 2,459 sq ft with 4 bedrooms and 3.5 bathrooms; Detached residence measures approximately 1,200 sq ft with 3 bedrooms and 3 bathrooms
