12429 Lambert Rd, Whittier, CA 90606
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12429 Lambert Rd Whittier, CA 90606

$1,950,000
  • 10 Beds
  • 6 Baths
  • 4,810 Sq.Ft.
For Sale
$1,950,000 Get Pre-Qualified

Map preview of 12429 Lambert Rd, Whittier, CA 90606

Property Overview: 12429 Lambert Rd Whittier, CA has 10 bedrooms, 6 bathrooms, 4,810 living square feet and 18,655 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: COME TAKE A LOOK AT THESE 4 BEAUTIFUL REMODELED UNITS IN THE CITY OF WHITTIER. DONT MISS OUT ON THIS AMAZING OPPORTUNITY TO ADD TO YOUR PORTFOLIO. THIS PROPERTY CONSISTS OF 3 UNITS BEING 2 BED 1 BATH AND THE 4TH UNIT BEING A 4 BED 3 BATH. LARGE LOT WITH PLENTY OF PARKING AND EACH UNIT HAS ITS OWN YARD SPACE. THIS PROPERTY IS ALSO LOCATED TO NEARBY SHOPPING CENTERS, SCHOOLS, PARKS, ENTERTAINMENT, AND MUCH MUCH MORE. SEE YOU ALL IN ESCROW.

Listed by Eloy Villamil | BRE #01799836 | Remax Innovative
Last checked: 10 minutes ago | Last updated: September 18th, 2024 | Source CRMLS | DOM: 3

Home details

Lot Sq. Ft
18,655
HOA Dues
$0/mo
Year built
1929
Garage
2 Car
Property Type:
Fourplex
Status
Active
MLS#
DW24172705
City
Whittier
County
Los Angeles
Time on Site
28 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 4
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 4
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,850
  • Total Rent: $2,850
  • Pro Forma/Market Rent: $2,850
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,500
  • Total Rent: $2,500
  • Pro Forma/Market Rent: $2,850
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,828
  • Total Rent: $2,828
  • Pro Forma/Market Rent: $2,850
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 4
  • # of Baths: 3
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $3,500
  • Total Rent: $3,500
  • Pro Forma/Market Rent: $3,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $140,136
  • Net Operating Income: $136,136
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $4,000
  • Electric: $300
  • Trash: $65
  • Gardener: $210
  • Insurance: $1,714

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Property Details for 12429 Lambert Rd

Interior Features
Laundry Information
  • Has Laundry
  • Inside
Interior Features
  • Levels: One
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
  • Has Parking
  • Parking Features: On Site, Parking Space, Private, Shared Driveway
Lot Information
  • Lot Features: Back Yard, Front Yard, Lawn, Rectangular Lot
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 4
  • Parcel Number: 8170034003
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: West on Lambert
Neighborhood Information
  • Community Features: Sidewalks, Storm Drains, Street Lights
View more facts & features

Local Whittier Agent

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Sale History for 12429 Lambert Rd

Last sold for $1,250,000 on April 12th, 2022
  • August, 2024

  • Aug 22, 2024

    Date

    Active

    CRMLS: DW24172705

    $1,950,000

    Price

  • April, 2022

  • Apr 12, 2022

    Date

    Sold

    CRMLS: PW22024908

    $1,250,000

    Price

  • Listing provided courtesy of CRMLS

    4-unit quadraplex with a mix of 3 – 2Bed, 1 Bath and 1 – 4 bed 2 bath. Properties do require updates and maintenance. Property requires ALL CASH or hard money loan due to condition of 3rd unit. Will not qualify for conventional financing. Both front units closest to Lambert are tenant occupied with month-to-month contracts. Both back units will be vacant upon close of escrow. Do not disturb tenants contact agent for questions. Submit offers subject to interior inspection and send proof of funds.

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Tax History for 12429 Lambert Rd

Assessed Value (2020): $258,546
Year Land Value Improved Value Assessed Value
2020 $134,044 $124,502 $258,546

Home Value Compared to the Market

This property vs the competition

12429 Lambert Rd is listed 141.04% higher than the median list price for the city of Whittier which has a median list price of $809,000. The median price per/sqft for Whittier is $546 and this home is listed at $405.41 per/sqft which puts the price per square foot 25.75% lower than the median price per square foot for the city of Whittier.

About 12429 Lambert Rd

Detailed summary of property

12429 Lambert Rd is a fourplex located in Whittier, CA 90606 and is currently for sale. This fourplex offers 10 bedrooms, 6 bathrooms, roughly 4,810 living square feet, and sits on an approximately 18,655 square foot lot. 12429 Lambert Rd was first listed on ArdentRealEstateGroup.com on August 22, 2024. The homeowner is currently asking $1,950,000. The median priced home in Whittier is $809,000 with a median price per square foot of $546. Based on Ardent Real Estate Group's Whittier Market Data, this home is listed 141.04% higher than the median priced home. Local competing homes currently for sale include 3217 W Cabot Dr, 3216 W Cabot Dr and 119 S Delano St. While the average home in Whittier, CA is selling in 61 days, 12429 Lambert Rd has a days on market of 3 days. There are currently 246 homes for sale in the Whittier real estate market and 200 of them are single family homes while 30 of them are condos and 16 are townhomes. For more information on this home for sale at 12429 Lambert Rd Whittier, CA 90606 contact Ardent Real Estate Group and we will put you in touch with one of our Whittier agents.

Public Facts for 12429 Lambert Rd

Public county record property details
Beds
10
Baths
5
Year built
1929
Sq. Ft.
4,810
Lot Size
18,649
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
5
APN
8170-034-003

The source for these homes facts are from public records.

90606 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$715,000
Median List Price/Sq.Ft.
$577
Median Sold Price
$700,000
Median Sold Price/Sq.Ft.
$632
Total Inventory
21
Median Sale to List Price %
95.24%
Avg Days on Market
12
Loan Type
Conventional (57.14%), FHA (7.14%), VA (0%), Cash (21.43%), Other (14.29%)

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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.