
Whittier, California 90604
This quadplex presents a Prime Investment Opportunity with a List Price of $1,625,000—positioned well below the $1,691,700 Fair Market Value by 3%. This valuation gap offers $66,700 in Instant Equity. Featuring a Condition Rating of 3, the property includes five garage spaces and a whole-property water softener. With long-term tenants and rents currently below market, this asset provides immediate stability and significant value-add potential. It is an ideal acquisition for Buy-and-Hold Investors or Portfolio Managers seeking a turnkey, income-producing asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 12413 Breezewood Subject | $1,625,000* List Price | 0 | 0 | 4,706 | $359 | - |
A 12422 Clearglen Avenue Active | $1,600,000 List Price | 8 | 8 | 4,402 | $363 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1963 but well-maintained with a newer roof and fresh paint. Interior images show functional, updated kitchens with granite countertops and tile flooring likely renovated within the last 10-15 years. While it features dated popcorn ceilings and wall AC units, the property is move-in ready and shows pride of ownership.
With current rents sitting comfortably below market value, this property offers a significant opportunity for investors to increase cash flow and realize immediate equity growth through strategic rent adjustments.
The property boasts a newer roof, fresh paint, and rare amenities like five garage spaces and a whole-house water softener, reflecting a high level of pride of ownership that reduces immediate capital expenditure.
The quadplex is fully occupied by reliable, long-term tenants and includes a coin-operated laundry facility, providing a diversified and stable revenue stream from day one.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 4706, other record living area = 4770.
Because the property is currently occupied by long-term tenants at under-market rates, the initial capitalization rate may be lower than other active investments until units can be transitioned to current market pricing.
Built in 1963, the property may eventually require updates to original plumbing or electrical systems common to buildings of this era, despite the well-maintained cosmetic condition.
Introducing a rare, well-maintained fourplex in one of Whittier's most sought-after residential corridors. This income-producing property offers a strong unit mix of one 3-bedroom/2-bathroom unit and three 2-bedroom/1-bathroom units, providing investors with dependable cash flow, long-term tenant stability, and meaningful upside potential — all in a pride-of-ownership package that's ready for a smooth transition of ownership. This property is well-suited as a 1031 exchange replacement property. Its stabilized income, low deferred maintenance, and hands-off management profile make it an efficient landing spot for investors looking to roll equity out of another property while deferring capital gains, without taking on a heavy value-add project. All four units are occupied by long-term tenants, giving the property an established rental history and minimal turnover. Current rents sit below market, creating a clear and achievable path to increased income over time as leases turn or rents are adjusted, and with no local rent control ordinance in place, owners retain full flexibility to set rents at market rate. The long tenancy and consistent payment history also make this an easy property to self-manage, without the overhead of a professional management company. The building has been consistently cared for and reflects true turn-key condition. Recent improvements include a newer roof, a major capital expense already addressed, and updated kitchens in each of the four units, improving tenant satisfaction and reducing make-ready costs at turnover. A whole-complex water softener system is a rare and valued amenity that benefits all units and appliances, while an on-site laundry room generates additional monthly revenue beyond base rents. Each unit also comes with its own individual garage, adding both tenant convenience and rent-premium potential. Situated in a well-established Whittier neighborhood close to the area's newer retail and shopping developments, tenants enjoy convenient access to shopping, dining, and everyday amenities. Whittier continues to be a desirable rental market for its community feel, proximity to Los Angeles and Orange County job centers, and consistent tenant demand. This is a compelling opportunity for 1031 exchange buyers, first-time multifamily investors, or seasoned portfolio owners seeking a stabilized, easy-to-manage asset with built-in rent growth potential in a strong Whittier location. Contact listing agent for details.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 5.4 |
| Baths | 0.0 | 4.1 |
| Square foot | 4,706 | 2,562.4 |
| Lot Size | 8,176 | 7,403.2 |
| Price | $1.62M | $1.08M |
| Price per sq ft | $345 | $458 |
| Built year | 1963 | 1990 |
| HOA | $0 | $0 |
| Days on market | 53 | 64 |
Jul 18, 2026
$1,625,000
Initial Listing
Dec 1, 1999
$312,000
Public Record
Apr 1, 1998
$286,000
Public Record