
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.
- 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