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12302 Breezewood Dr, Whittier, CA 90604
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12302 Breezewood Dr Whittier, CA 90604

$1,342,000 Sold Price as of 03/06/2023
  • 8 Beds
  • 6 Baths
  • 4,402 Sq.Ft.
Sold
$1,342,000 Sold Price as of 03/06/2023 Refinance Your Mortgage
Map preview of 12302 Breezewood Dr, Whittier, CA 90604

Property Overview: 12302 Breezewood Dr Whittier, CA has 8 bedrooms, 6 bathrooms, 4,402 living square feet and 8,357 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: We are pleased to exclusively offer for sale this 4 unit multi-family investment located in East Whittier. This large 8,357 SF lot is strategically positioned in an extremely low inventory submarket where only (1) other multi-family property has sold within 1 mile of the subject property in the last (3) years. The building features an excellent unit mix of (4) 2 Bed/1.5 Bath townhouse style units for a total rentable square footage of 4,402. Each tenant has access to garage parking with (6) garage spaces in total. In addition, all (4) units have their own private patio and have access to a communal laundry room that generates an additional $80/mo. Further, there is an owner’s storage unit that can also be leveraged as additional income. Priced at a current 3.77% CAP Rate with an achievable rent upside of 60% and Market CAP Rate of 7.22%, this offering provides strong Day 1 income figures with the potential for future growth.

Listed by Keaton Quaack | BRE #02172607 | Lyon Stahl Investment Real Estate, Inc.
Co-listed by Joshua Barut | BRE #01971720 | Lyon Stahl Investment Real Estate, Inc.
Last checked: 7 minutes ago | Last updated: March 6th, 2023 | Source CRMLS | DOM: 31

Home details

Lot Sq. Ft
8,357
HOA Dues
$0/mo
Year built
1963
Garage
6 Car
Property Type:
Fourplex
Status
Sold
MLS#
SB22254542
City
Whittier
County
Los Angeles
Time on Site
514 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Leased Units: 4
  • # of Electric Meters: 4
  • # of Gas Meters: 0
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,875
  • Total Rent: $1,875
  • Pro Forma/Market Rent: $2,695
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,710
  • Total Rent: $1,710
  • Pro Forma/Market Rent: $2,695
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,605
  • Total Rent: $1,605
  • Pro Forma/Market Rent: $2,695
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,560
  • Total Rent: $1,560
  • Pro Forma/Market Rent: $2,695
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $81,000
  • Net Operating Income: $52,552
  • Gross Operating Income: $77,862
  • Laundry Income: $80
Annual Expense Breakdown
  • Total Operating Expense: $25,310
  • Electric: $720
  • Gas/Fuel: $0
  • Trash: $1,830
  • Gardener: $984
  • Insurance: $1,761
  • Water/Sewer: $1,920

Property Details for 12302 Breezewood Dr

Interior Features
Cooling Information
  • Has Cooling
  • Electric
Heating Information
  • Has Heating
  • Electric
Laundry Information
  • Has Laundry
  • Common Area
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Carpet, Tile
  • All Bedrooms Up, Entry, Family Room, Kitchen
Kitchen Information
  • Has Appliances
  • Electric Oven, Electric Cooktop, Freezer, Microwave, Refrigerator, Water Heater
Interior Features
  • Ceiling Fan(s), Laminate Counters
  • Levels: Two
Exterior Features
Exterior Information
  • Has Fence
  • Average Condition, Stone, Wood
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 6
  • # of Parking Spaces: 6
  • Has Parking
  • Parking Features: Garage, Garage Faces Rear, On Site
Lot Information
  • Lot Features: Back Yard, Front Yard, Lawn, Patio Home, Sprinkler System, Yard
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: Neighborhood
  • Common Walls: 2+ Common Walls
  • Total # of Units: 4
  • Parcel Number: 8035016031
  • Year Built Source: Other
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Private Sewer
  • Water Source: Private
  • Utilities: Electricity Connected, Sewer Connected, Water Connected
Assessment Information
  • Has Assessments
  • Assessments: Buyer to Verify
Location / Neighborhood
Location Information
  • Directions: Off Imperial Highway on Breezewood Dr
  • Road Frontage Type: Alley, City Street
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Biking, Golf, Gutters, Park, Sidewalks, Storm Drains, Street Lights, Suburban
View more facts & features

Local Whittier Agent

Sale History for 12302 Breezewood Dr

Last sold for $1,342,000 on March 6th, 2023

  • March, 2023

  • Mar 6, 2023

    Date

    Sold

    CRMLS: SB22254542

    $1,342,000

    Price

  • Dec 12, 2022

    Date

    Active

    CRMLS: SB22254542

    $1,395,000

    Price

  • August, 2004

  • Aug 31, 2004

    Date

    Sold (Public Records)

    Public Records

    $720,000

    Price

Show More

Tax History for 12302 Breezewood Dr

Assessed Value (2020): $917,669
Year Land Value Improved Value Assessed Value
2020 $446,089 $471,580 $917,669

Home Value Compared to the Market

This property vs the competition

12302 Breezewood Dr sold on March 6, 2023 for 68.07% higher than the current median sold price for the city of Whittier which is $830,000. The median sold price per/sqft for Whittier is $567 and this home is sold at $316.9 per/sqft which puts the price per square foot 44.11% lower than the current median sale per square foot for the city of Whittier.

About 12302 Breezewood Dr

Detailed summary of property

12302 Breezewood Dr is a fourplex that recently sold in Whittier, CA 90604. This fourplex offered 8 bedrooms, 6 bathrooms, roughly 4,402 living square feet, and sits on an approximately 8,357 square foot lot. 12302 Breezewood Dr was first listed on ArdentRealEstateGroup.com on December 12, 2022. The homeowner sold the property for $1,342,000. Home in Whittier are selling for a median price of $830,000 and a median price per square foot of $567. Based on Ardent Real Estate Group's Whittier Market Data, this home is sold 68.07% higher than the current median priced home. Local homes that are currently for sale include 1818 W Glenoaks Ave, 2158 W Brownwood Ave and 11972 Walnut St. While the average home in Whittier, CA is selling in 60 days, 12302 Breezewood Dr has a days on market of 31 days. There are currently 199 homes for sale in the Whittier real estate market and 170 of them are single family homes while 20 of them are condos and 9 are townhomes. For more information on this home for sale at 12302 Breezewood Dr Whittier, CA 90604 contact Ardent Real Estate Group and we will put you in touch with one of our Whittier agents.

Public Facts for 12302 Breezewood Dr

Public county record property details
Beds
8
Baths
8
Year built
1963
Sq. Ft.
4,402
Lot Size
8,356
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
5
APN
8035-016-031

The source for these homes facts are from public records.

90604 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$799,000
Median List Price/Sq.Ft.
$533
Median Sold Price
$835,000
Median Sold Price/Sq.Ft.
$551
Total Inventory
38
Median Sale to List Price %
104.38%
Avg Days on Market
16
Loan Type
Conventional (33.33%), FHA (33.33%), VA (0%), Cash (14.29%), Other (19.05%)

Thinking of Selling?

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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