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12406 Clearglen, Whittier, California 90604, Whittier, 90604 - bed, bath

12406 Clearglen, Whittier, California 90604 home-pic-0
ACTIVE$1,650,000
12406 Clearglen, Whittier, California 90604
0Bed
0Bath
4,770Sqft
8,086Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Income-Generating Quadruplex: This property is a four-unit residential income property (quadruplex), offering a significant investment opportunity with multiple rental streams.
Top Cons:
Age of Construction (1963): Built in 1963, the property's age suggests that major systems (e.g., plumbing, electrical, HVAC, roof) may be original or require significant updates, potentially leading to higher capital expenditures for a new owner.

Compared to the nearby listings

Price:$1.65M vs avg $1.45M (+$205,000)50%
Size:4,770 sqft vs avg 3,900.5 sqft50%
Price/sqft:$346 vs avg $37850%

More Insights

Built in 1963 (62 years old).
Condition: The property was built in 1963, making it 61 years old. The listing explicitly highlights the 'Age of Construction' and 'Unspecified Renovation Details' as weaknesses, indicating a lack of recent major updates. Exterior images reveal significant wear and tear, including cracked concrete on balconies and parking areas, dated windows, and old mailboxes. The absence of interior photos, particularly for kitchens and bathrooms, strongly suggests these areas, along with major systems (plumbing, electrical, HVAC), are either original or have only received very dated renovations. This condition necessitates substantial repairs and rehabilitation to meet modern standards, aligning with a 'Poor' score.
Year Built
1963
Close
-
List price
$1.65M
Original List price
$1.7M
Price/Sqft
$346
HOA
-
Days on market
-
Sold On
-
MLS number
OC25043975
Home ConditionPoor
Features
Good View: City Lights, Neighborhood
Deck
ViewCity Lights,Neighborhood

About this home

Recent Price Reduction!!! Discover this remarkable four-unit property, perfectly situated on an expansive 8,084 square foot lot in the heart of East Whittier. This investment gem offers ample space for both living and parking, featuring garages, carports, and additional parking spaces for convenience. The property boasts a total living space of 4,770 square feet, ensuring roomy accommodations for all tenants. The standout first unit is a spacious single family residential 1,695 square feet, featuring three bedrooms, two baths, a cozy fireplace, a family room, and a formal dining room perfect for comfortable living and entertaining. The property also includes three additional well-appointed units, each offering two bedrooms and one bath, with approximately 1,025 square feet of living space. These units provide a perfect blend of comfort and functionality, appealing to a wide range of tenants. With easy access to major highways and public transportation, residents have quick and convenient routes to nearby cities and attractions. Whittwood Town Center--this shopping center features a variety of shops, restaurants, and entertainment options, perfect for a day out with friends or family. This increditble investment opportunity won't last long. Act quickly to secure your place in this thriving neighborhood.

Price History

Date
Event
Price
07/03/24
Sold
$1,410,000
04/18/07
Sold
$920,000
04/27/06
Sold
$865,000
Condition Rating
Poor
The property was built in 1963, making it 61 years old. The listing explicitly highlights the 'Age of Construction' and 'Unspecified Renovation Details' as weaknesses, indicating a lack of recent major updates. Exterior images reveal significant wear and tear, including cracked concrete on balconies and parking areas, dated windows, and old mailboxes. The absence of interior photos, particularly for kitchens and bathrooms, strongly suggests these areas, along with major systems (plumbing, electrical, HVAC), are either original or have only received very dated renovations. This condition necessitates substantial repairs and rehabilitation to meet modern standards, aligning with a 'Poor' score.
Pros & Cons

Pros

Income-Generating Quadruplex: This property is a four-unit residential income property (quadruplex), offering a significant investment opportunity with multiple rental streams.
Expansive Lot & Ample Parking: Situated on a large 8,084 sq ft lot, the property provides generous outdoor space and includes garages, carports, and additional parking, a major convenience for tenants.
Strategic Location & Accessibility: Located in East Whittier, it offers easy access to major highways, public transportation, and is close to Whittwood Town Center, enhancing tenant appeal and desirability.
Diverse Unit Configuration: The property features a desirable mix of units, including a spacious 3-bedroom, 2-bath single-family style unit and three 2-bedroom, 1-bath units, catering to a broad tenant base.
Spacious Living Areas: With a total living space of 4,770 sq ft, the units are generously sized (1,695 sq ft for the main unit, 1,025 sq ft for others), providing comfortable accommodations for residents.

Cons

Age of Construction (1963): Built in 1963, the property's age suggests that major systems (e.g., plumbing, electrical, HVAC, roof) may be original or require significant updates, potentially leading to higher capital expenditures for a new owner.
Unspecified Renovation Details: While units are described as 'well-appointed,' the listing lacks specific details on recent major renovations or upgrades to individual units or the overall building infrastructure, which could imply a need for immediate investment to modernize or address deferred maintenance.
Potential for Higher Operating Costs: Older multi-unit properties often incur higher utility costs due to less efficient insulation or older appliances, and may require more frequent maintenance and repairs compared to newer constructions, impacting net operating income.

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