3-Residence Multifamily
New
For Sale
$1,150,000
9009 Tarryton, Whittier, CA 90605
Remodeled main residence and two ADUs provide flexible living arrangements with separately metered utilities.
Property Size2,602 SF
Days on Market3
Property Features for 9009 Tarryton
General Information
Standard status
Active
Size
2,602 SF
Property subtype
Investment
Building Details
Building Size
2,602 SF
Year Built
1951
Stories
1
Units
3
Listing Agency:
Real Broker
(951) 251-4154
Listed By:
Luis Aguiar · License #02033709
(951) 251-4154
Source:
Elliman
Added: Aug 9
Changed: Aug 10
Last Checked: Aug 10 at 8:32AM
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 Real Broker
Investment Insights
Based on property information with market context.
Built in 1951, this Whittier multifamily property comprises three permitted residences on one parcel. The primary home includes 3 bedrooms and 2 bathrooms, while the detached ADU offers 3 bedrooms and 2 bathrooms. An attached ADU adds 1 bedroom and 1 bathroom, creating a combined layout of seven bedrooms and five bathrooms.
Each residence includes an updated kitchen and bathroom, a newer roof, and an individual mini-split system. Separate gas and electrical meters serve the residences, supporting distinct utility arrangements. The property is located at 9009 Tarryton in Whittier, California, with a walk score of 50 and a bike score of 46.
Each residence includes an updated kitchen and bathroom, a newer roof, and an individual mini-split system. Separate gas and electrical meters serve the residences, supporting distinct utility arrangements. The property is located at 9009 Tarryton in Whittier, California, with a walk score of 50 and a bike score of 46.
Key Highlights
- Three permitted residences: a 3‑bedroom, 2‑bath main home, detached 3‑bedroom, 2‑bath ADU, and attached 1‑bedroom, 1‑bath ADU
- Combined configuration includes 7 bedrooms and 5 bathrooms
- Updated kitchen and bathroom in each residence
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
$41,868
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
3.64%
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%
$837,360
$837.4K
Cap Rate 7%
$598,114
$598.1K
Cap Rate 9%
$465,200
$465.2K
Market Conditions
NOI Build-Up for 2,602 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
$82.7K $31.80/SF
− Vacancy
−$6.6K −$2.54/SF
EGI
$76.1K $29.26/SF
− OpEx
−$34.3K −$13.17/SF
NOI
$41.9K $16.09/SF
Area
Los Angeles County, CA
Vacancy
8.00%
Lease Rate
$31.80 /SF/Yr
Expense Ratio
45.00%
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%
$837,360
Cap Rate 7%
$598,114
Cap Rate 9%
$465,200
Alternative Uses
Best Use
Apartment 5plus
$598.1K
$523.4K – $697.8K
NOI $41,868 @ 7.0% cap · market cap 3.64%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.39M
$1.22M – $1.63M
NOI $97,517 @ 7.0% cap · market cap 8.48%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,016
Businesses Nearby
Explore this area
Business Placement
Demographics for 90605, CA
40,189
Population
11,377
Households
3.5
Avg Household Size
37
Median Age
23%
College-Educated
83%
High-School Grad
6.4 sq mi
ZIP Area
6,280
Density / Sq Mi
$100,825
Median Household Income
$46,502
Median Earnings
$1,861
Median Rent
$662,000
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?
Multifamily property - Remodeled main residence and two ADUs provide flexible living arrangements with separately metered utilities.
Where is this multifamily property located?
The property is located at 9009 Tarryton 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: Three permitted residences: a 3‑bedroom, 2‑bath main home, detached 3‑bedroom, 2‑bath ADU, and attached 1‑bedroom, 1‑bath ADU; Combined configuration includes 7 bedrooms and 5 bathrooms; Updated kitchen and bathroom in each residence
