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12406 Clearglen Avenue, Whittier, CA 90604
Priced at Only: $1,525,000
For more Information Call Mobile: 714.478.6676
Address: 12406 Clearglen Avenue, Whittier, CA 90604
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  • MLS#: CV25191863 ( Apartment )
  • Street Address: 12406 Clearglen Avenue
  • Viewed: 2
  • Price: $1,525,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1963
  • Bldg sqft: 0
  • Days On Market: 61
  • Additional Information
  • County: LOS ANGELES
  • City: Whittier
  • Zipcode: 90604
  • Provided by: RE/MAX 2000 REALTY
  • Contact: Kristopher Kristopher
  • California Regional MLS IDX
  • DMCA Notice
  • 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.
Features
Assessments
  1. None
Association Fee
  1. 0.00
Building Area Total
  1. 4770.00
Carport Spaces
  1. 3.00
Commoninterest
  1. Community Apartment
Common Walls
  1. 2+ Common Walls
Cooling
  1. Wall/Window Unit(s)
Country
  1. US
Days On Market
  1. 149
Current Financing
  1. None
Electric Expense
  1. 187.00
Fencing
  1. Wrought Iron
Fuel Expense
  1. 400.00
Garage Spaces
  1. 2.00
Insurance Expense
  1. 4500.00
Laundry Features
  1. Common Area
Levels
  1. Two
Lockboxtype
  1. None
Lot Features
  1. 0-1 Unit/Acre
Netoperatingincome
  1. 65421.00
Newtaxesexpense
  1. 16362.00
Parcel Number
  1. 8035018013
Parking Features
  1. Attached Carport
  2. Garage
  3. Garage - Two Door
Pool Features
  1. None
Postalcodeplus4
  1. 3838
Property Type
  1. Apartment
Road Frontage Type
  1. City Street
Road Surface Type
  1. Paved
Roof
  1. Shingle
Sewer
  1. Public Sewer
Sourcesystemid
  1. CRM
Sourcesystemkey
  1. 445893453:CRM
Spa Features
  1. None
Taxblock
  1. 018
Tenant Pays
  1. Electricity
  2. Gas
Totalexpenses
  1. 28257.00
Trash Expense
  1. 1850.00
Utilities
  1. Electricity Available
  2. Natural Gas Available
  3. Sewer Available
  4. Water Available
Vacancyallowance
  1. 2897
View
  1. None
Water Sewer Expense
  1. 2358.00
Water Source
  1. Public
Year Built
  1. 1963
Year Built Source
  1. Assessor
Zoning
  1. LCR3*
Headshot for Associate Xavier Gomez
  1. Xavier Gomez, BrkrAssc,CDPE
  2. RE/MAX College Park Realty
  3. BRE 01736488
  4. Mobile: 714.478.6676
  5. Fax: 714.975.9953
  6. salesbyxavier@gmail.com
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