12406 Clearglen Ave - Multi-Family FOR SALE


Whittier, CA 90604- East La Mirada
$1,525,000 USD
626-427-0786
12406 Clearglen Ave, Whittier, CA for Sale
$1,525,000 USD
Multi-Family - FOR SALE
1/6
null | Request Cap Rate

12406 Clearglen Ave
Whittier, CA 90604
East La Mirada


HIGHLIGHTS

  • Oversized Units - Total of 4,700+ Rentable Sq. Feet
  • Tenants Enjoy Onsite Parking and Laundry Facility
  • Separately Metered for Electricity and Gas

OVERVIEW

We are pleased to present an outstanding opportunity to acquire a well-located 4-unit property in Whittier, featuring a highly desirable unit mix of (1) 3-Bed/2-Bath and (3) spacious 2-Bed/1-Bath units. Offering over 4,700 rentable square feet on an 8,000+ sq. ft. lot, this asset provides excellent rental appeal and long-term stability. Tenants benefit from gated entryways, onsite laundry facilities, and ample parking with both garage and carport spaces available. The property is also separately metered for gas and electricity, keeping operating expenses low for ownership. With a ProForma Cap Rate of 6.95% and ProForma GRM of 11.02, this is a well-priced 4-unit in a strong rental corridor of Whittier. Ideal for both seasoned investors and 1031 exchange buyers seeking stable income and future upside.

FOR SALE DETAILS

PRICE

$1,525,000 USD

PRICE/SF

$320 USD /SF

# OF UNITS

4

PRICE/UNIT

$381,250

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1963

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.19 AC

LAND SF

8,102 SF

ZONING

LCR3*

APN/PARCEL ID

8035-018-013

ASK ABOUT THIS PROPERTY

Kristopher GermanThe Apartment DealerMore Info
626-427-0786

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Kristopher GermanThe Apartment DealerMore Info
626-427-0786

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.