12406 Clearglen AVE new Save Request In-Person Tour Request Virtual Tour
Whittier,CA 90604
Key Details
Property Type Apartment
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
MLS Listing ID CV25191863
HOA Y/N No
Year Built 1963
Lot Size 8,084 Sqft
Property Sub-Type Apartment
Property Description
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.
Location
State CA
County Los Angeles
Area 670 - Whittier
Zoning LCR3*
Interior
Cooling Wall/Window Unit(s)
Fireplace No
Laundry Common Area
Exterior
Parking Features Attached Carport,Door-Multi,Garage
Garage Spaces 2.0
Carport Spaces 3
Garage Description 2.0
Fence Wrought Iron
Pool None
Community Features Street Lights,Sidewalks
Utilities Available Electricity Available,Natural Gas Available,Sewer Available,Water Available
View Y/N No
View None
Roof Type Shingle
Total Parking Spaces 5
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 8035018013
Energy Description 400.0
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Special Listing Condition Standard