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Quadruplex at 12422 Clearglen Avenue
$1,600,000
12422 Clearglen Avenue
Whittier, Los Angeles, 90604
Quadruplex · 4 units
Active · 25 days on market

Deal numbers

Est. cap rate
4.2%
Assumed rent, all units
$11,120/mo
Units
4
Price per unit
$400,000
Est. annual NOI
$66,720
Expense assumption
50%

Estimates only, based on HUD Fair Market Rents (a conservative 40th percentile floor) and a standard 50% operating expense assumption. Not a guarantee of income or value. Ask Alex for a pro forma using comparable rent data.

Run your own numbers

Adjust the assumptions to see cash flow and cash on cash return.

5.0%
50%
25%
7.00%
Effective gross income
$126,768
Operating expenses
$63,384
Net operating income
$63,384
Annual debt service
$95,804
Annual cash flow
-$32,420
Cash on cash return
-8.1%
Down payment
$400,000

Illustration only, using a 30 year loan and your assumptions above. Not a loan offer, financial advice, or a guarantee. Confirm financing and actual rents independently.

Property details

Type
Quadruplex
Bedrooms
8
Bathrooms
8
Building size
4,402 sqft
Lot size
8,330 sqft
Year built
1963
Stories
2
Garage spaces
4
Style
Traditional
Cooling
Dual
Pool
None
View
Neighborhood
Status
Active
Days on market
25
MLS #
239601114

About this property

Located at 12422 Clearglen Avenue in the desirable city of Whittier, this well maintained four unit multifamily property presents an exceptional investment opportunity. The property consists of four spacious units, each offering 2 bedrooms and 1.5 bathrooms with functional layouts designed to maximize comfort and livability. Every unit includes an attached one car garage with direct access, as well as a private patio, providing desirable indoor outdoor use and added privacy. With a total building size of approximately 4402 square feet situated on an 8330 square foot lot, the property offers strong rental appeal and long term income potential. Conveniently located near shopping centers, dining, and a local park, this property benefits from consistent rental demand in an established residential neighborhood. An ideal opportunity for investors seeking a stable income producing asset in a prime Whittier location.

Location

12422 Clearglen Avenue

Whittier, Los Angeles, CA, 90604

Ask Alex about this property

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Alex Duarte, DRE# 01970077, First Team Real Estate

12422 Clearglen Ave, Whittier CA | Multifamily for Sale