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12406 Clearglen Ave 4 Unit Apartment Building Offered at $2,128,778 CAD Whittier, CA 90604
INVESTMENT HIGHLIGHTS
- Oversized Units - Total of 4,700+ Rentable Sq. Feet
- Separately Metered for Electricity and Gas
- Tenants Enjoy Onsite Parking and Laundry Facility
EXECUTIVE SUMMARY
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.
PROPERTY FACTS
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Cable Ready
SITE AMENITIES
- Laundry Facilities
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 3 | $2,684 CAD | - |
| 3+2 | 1 | $3,233 CAD | - |
1 1
PROPERTY TAXES
| Parcel Number | 8035-018-013 | Improvements Assessment | $1,183,972 CAD |
| Land Assessment | $803,409 CAD | Total Assessment | $1,987,381 CAD |
PROPERTY TAXES
Parcel Number
8035-018-013
Land Assessment
$803,409 CAD
Improvements Assessment
$1,183,972 CAD
Total Assessment
$1,987,381 CAD
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12406 Clearglen Ave
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