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Duplex at 14502 Broadway
$1,649,000
14502 Broadway
Whittier, Los Angeles, 90604
Duplex · 2 units
Active · 61 days on market

Deal numbers

Est. cap rate
1.6%
Assumed rent, all units
$4,460/mo
Units
2
Price per unit
$824,500
Est. annual NOI
$26,760
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
$50,844
Operating expenses
$25,422
Net operating income
$25,422
Annual debt service
$98,738
Annual cash flow
-$73,316
Cash on cash return
-17.8%
Down payment
$412,250

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
Duplex
Bedrooms
2
Building size
3,657 sqft
Lot size
8,580 sqft
Year built
1949
Stories
2
Garage spaces
2
Style
Contemporary,Ranch
Heating
Solar,Central
Cooling
Central Air,ENERGY STAR Qualified Equipment
Pool
None
View
Neighborhood,Hills
Status
Active
Days on market
61
MLS #
245532937

About this property

Welcome to a rare investment opportunity offering two fully independent residences on one expansive 8,580 sq ft corner lot in the heart of Whittier. This exceptional property features a spacious main residence and a newly constructed, fully permitted detached residence, each with its own address, driveway, private entrance, and separate utilities. Offering exceptional flexibility for owner occupants, multigenerational living, or income producing opportunities, this unique property is exactly what today's investors are searching for. The front residence offers approximately 2,459 sq ft with 4 bedrooms and 3.5 bathrooms. The open concept floor plan features luxury vinyl flooring, abundant natural light from skylights, soaring wood beamed truss ceilings, a chef's kitchen with an oversized island, spacious living and family rooms, central heating and air conditioning, energy efficient solar, an attached two car garage, and an indoor laundry room. The newly constructed, fully permitted detached residence offers approximately 1,200 sq ft with 3 bedrooms and 3 bathrooms. Thoughtfully designed with quality finishes throughout, this two story home features an open concept living area, a beautifully appointed kitchen with premium appliances, indoor stackable laundry, owned solar, central heating and air conditioning, a tankless water heater, and separate utility services. Each bedroom features its own ensuite bathroom and walk in closet, including an upstairs primary suite with a private balcony and hillside views. A separate driveway, private entrance, and additional storage shed complete this remarkable residence. Whether you're expanding your investment portfolio, seeking supplemental rental income, or looking for the ideal multigenerational living arrangement, this property offers exceptional versatility. The detached residence is situated on a private road with easement access, providing additional privacy and convenience. Beautiful tropical landscaping, mature privacy plantings, and decorative wrought iron fencing create an inviting setting while enhancing the property's privacy and curb appeal. A rare opportunity to own two exceptional residences on one lot, offering nearly 3,700 sq ft of combined living space, modern amenities, and outstanding flexibility in one of Whittier's most desirable locations.

Location

14502 Broadway

Whittier, Los Angeles, CA, 90604

Ask Alex about this property

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Alex Duarte, DRE# 01970077, First Team Real Estate

14502 Broadway, Whittier CA | Multifamily for Sale