
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.
Don't miss this exceptional opportunity to own a beautifully maintained four-unit quadplex nestled in one of Whittier's most sought-after and rapidly up-and-coming neighborhoods. Lovingly cared for by the same owner for many years, this property truly reflects true pride of ownership, boasting a newer roof, fresh paint throughout, and meticulous upkeep that gives it an undeniable turnkey feel. Each of the four units is occupied by long-term, reliable tenants, offering investors immediate stability, while current rents sitting comfortably under market value present a fantastic value-add opportunity to boost cash flow right from day one. Adding to the income potential, the property features a convenient coin-operated laundry facility, generating extra passive revenue, along with an impressive five garage parking spaces, a rare and highly desirable amenity that tenants love. A whole-property water softener system adds an extra layer of quality and comfort that sets this property apart from typical multifamily offerings. Ideally situated in a charming and rapidly transforming pocket of Whittier, residents enjoy easy access to a growing collection of trendy new restaurants and boutique shops springing up throughout the neighborhood, making this an increasingly desirable location for tenants and future buyers alike. Whether you're a seasoned investor looking to expand your portfolio or searching for a stable, income-producing asset with genuine upside potential, this rare offering combines charm, income, and location in one exceptional package.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.0 |
| Baths | 0.0 | 2.0 |
| Square foot | 4,706 | 1,936 |
| Lot Size | 8,176 | 6,692 |
| Price | $1.62M | $984.0K |
| Price per sq ft | $345 | $464 |
| Built year | 1963 | 1951 |
| HOA | $0 | $0 |
| Days on market | 4 | 73 |
Jul 18, 2026
$1,625,000
Initial Listing
Dec 1, 1999
$312,000
Public Record
Apr 1, 1998
$286,000
Public Record