Whittier, CA 90602,13704 Franklin St
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Whittier, CA 90602,13704 Franklin St
Whittier, CA 90602,13704 Franklin St
Whittier, CA 90602,13704 Franklin St

$4,025,000

Est. payment /mo

$4,400,000

8.5%
Est.Price: ?

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13704 Franklin St Whittier, CA 90602

21 Beds

16 Baths

10,353 SqFt

SOLD DATE : 06/21/2024

Key Details

Sold Price $4,025,000

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 10,353 sqft

Price per Sqft $388

MLS Listing ID 24-359163

Sold Date 06/21/24

Bedrooms 21

Construction Status Updated/Remodeled

Year Built 1971

Lot Size 10,019 Sqft

Acres 0.2297

Property Description

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.

Location

State CA

County Los Angeles

Area Whittier

Zoning WHR4*

Rooms

Other Rooms Other

Kitchen Granite Counters

Interior

Heating Natural Gas

Cooling Wall Unit(s)

Flooring Hardwood, Vinyl Plank

Fireplaces Type None

Equipment Vented Exhaust Fan, Range/Oven, Refrigerator, Ceiling Fan, Garbage Disposal, Elevator, Microwave, Hood Fan

Laundry Laundry Area

Exterior

Garage Assigned, Carport, Garage Is Detached

Garage Spaces 16.0

Pool None

Amenities Available None

Roof Type Flat

Building

Lot Description Alley Paved, Landscaped, Front Yard, Gutters, Sidewalks, Resident Manager

Story 3

Foundation Raised

Water District

Level or Stories Three Or More

Construction Status Updated/Remodeled

Others

Special Listing Condition Standard

Pets Description Call

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TheMLS (CLAW)
Listed by Lee & Associates Los Angeles West Inc.
Bought with Younglewin Advisors, Inc.

GUIDE SoCal

Broker | License ID: DRE#01976964

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