Pending

13704 Franklin Street

Whittier CA, 90602

$4,400,000


$425.00 per sqft

Pending

21 Beds

16 Baths

10,353 sqft

Residential

Built in 1971

Listed by Christie Abbott with Lee & Associates Los Angeles West Inc. 310-899-2700

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.

24359163

MLS ID

February 16, 2024

Listed

May 9, 2024

Updated

Map

13704 Franklin Street
Whittier CA, 90602

Interior Features

Total Stories

3


Bedrooms

21


Total Bathrooms

16


Interior Features

Ceiling Fan(s)


Appliances

Disposal, Gas Range, Microwave, Oven, Refrigerator, Range Hood, Vented Exhaust Fan


Floor Description

Wood


Fireplace

Yes


Fireplace Description

None


Cooling

No


Heating

Yes


Heating Description

Natural Gas

Exterior/Building Features

Lot Size

0.23 Acres


Lot Features

Front Yard, Landscaped

Other Property Details

Area Name

670 - Whittier


Days on Market

75


Garage

No


Parking

Assigned, Carport


Parking Total

16


View

No


County

Los Angeles


Water Source

Public


Pool

No


Pool Features

None


Zoning

WHR4*


Buyer Agency Compensation

2.5%

Listing History

Date

Event

Price

5/3/2024

Pending

4/12/2024

Price Change

$4,400,000

-4%

3/16/2024

Price Change

$4,550,000

-3%

Listing Contact: 310-899-2700 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 5/9/2024. 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, the 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. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 5/9/2024 at 3:36 PM UTC

 

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