Whittier, CA 90602 13704 Franklin Street

Pending
13704 Franklin Street Whittier, Ca - Image 113704 Franklin Street Whittier, Ca - Image 213704 Franklin Street Whittier, Ca - Image 3
Presented By: Christie Abbott with Lee & Associates Los Angeles West Inc.;
  • MLS# 24359163
  • 02/16/2024
  • Request Tour
  • Request Info
  • BedBeds • 21
  • BathBaths • 16
  • FootageSQFT • 10,353

Home Details

Lee & Associates and Realty Executives are pleased to present the opportunity to purchase a 16-unit three-building (one unit over garage structure) nonrentcontrolled multi-family site in the desirable community of Uptown in Whittier, CA. The property features one and two-bedroom units and consists ofapproximately 10,353 of net rentable square feet on 10,019 square feet of land. The recently updated garden style buildings are well located within awalkable and tree-lined residential neighborhood.Originally built in 1971, the property has undergone extensive renovations and is well positioned for additional improvements to be made as tenantsroll-over. Within the past thirty-six (36) months, ten (10) units have been upgraded and rental rates have subsequently been increased to market rents.Upgrades included in the renovations are stainless steel appliances (including range hoods), granite countertops, shaker-style cabinets, and luxury vinylplank flooring. Additionally, there is potential to add more square footage/ADU (assessory dwelling unit) over the garages in the rear of the property.Whittier is currently one of the most attractive growing cities in Los Angeles County for it's strong demographics, and close proximity to Orange County.It's central location along highly desireable 605 freeway corridor, allows for an easy commute to many strong employment hubs. Over the past five toten years Whittier has blossomed with new cafes, chic restaurants, retail shops, and new housing. Due in large part to the excellent school systems,community centered culture and local private college, the city is attracting a desirable demographic base of affluent, young and family oriented populace.
Presented By: Christie Abbott with Lee & Associates Los Angeles West Inc.;

Interior Features for 13704 Franklin Street

Bedrooms

Total Bedrooms21

Bathrooms

1/4 Baths0
3/4 Baths0
Full Baths
Half Baths
Total Baths16

Other Interior Features

LivingAreaSourceAssessor
Air Conditioning Y/NNo
Basement (Y/N)No
Electric On Property Y/NNo
Fireplace FeaturesNone
Fireplace Y/NNo
FlooringWood
Heating Y/NYes
Street SuffixStreet
Total Stories3

General for 13704 Franklin Street

Additional Parcels Y/NNo
AppliancesDisposal, GasRange, Microwave, Oven, Refrigerator, RangeHood, VentedExhaustFan
Attached Garage No
Cap Rate5.41
Carport Y/NYes
CityWhittier
CountyLos Angeles
Days on Market75
DirectionsSouth East Corner of Franklin Street and Valley View Avenue
Garage Y/NNo
Gross Income4200.0
HOA / Comm AssnNo
HeatingNaturalGas
Home Warranty Y/NNo
Interior FeaturesCeilingFans
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsThreeOrMore
Lot Size Square Feet10019.0
MLS Area670 - Whittier
MobileHomeRemainsYNNo
Net Operating Income238234.5
New ConstructionNo
Patio/Porch FeaturesOpen, Patio
Pets AllowedCall
Pool FeaturesNone
Private PoolNo
Property Attached Y/NNo
Property ConditionUpdatedRemodeled
Property TypeResidentialIncome
Rent Control Y/NNo
Security FeaturesCarbonMonoxideDetectors, FireDetectionSystem, ResidentManager, SmokeDetectors
Senior Community Y/NNo
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusPending
StatusPending
Street NameFranklin
Tenant PaysElectricity, Gas
Total Units16
View Y/NNo
Waterfront Y/NNo
Year Built1971
Year Built SourceAssessor
ZoningWHR4*

Exterior for 13704 Franklin Street

Building Area Total10353.0
Crops Included Y/NNo
Foundation DetailsRaised
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesFrontYard, Landscaped
Lot Size Acres0.23
Lot Size Area10019.0
Lot Size SourceAssessor
Lot Size UnitsSquareFeet
Number of Buildings3
Open Parking Y/NNo
Parking FeaturesAssigned, Carport
SpaNo
Total Parking16.0
Water SourcePublic

Additional Details

Price History

1527188455

First Team Client Services

Price $4,400,000
MLS#24359163
List Date 02/16/2024
Property Type Pending
Phone 714.964.3311
Request Tour
Request Info
Visit My Website

Similar Properties to 13704 Franklin Street