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13704 Franklin ST Whittier, CA 90602
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Key Details
Sold Price $4,025,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 10,353 sqft
Price per Sqft $388
MLS Listing ID 24359163
Sold Date 06/21/24
Bedrooms 21
Construction Status Updated/Remodeled
HOA Y/N No
Year Built 1971
Lot Size 10,018 Sqft
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 670 - Whittier
Zoning WHR4*
Interior
Interior Features Ceiling Fan(s)
Heating Natural Gas
Flooring Wood
Fireplaces Type None
Fireplace No
Appliance Disposal, Gas Range, Microwave, Oven, Refrigerator, Range Hood, Vented Exhaust Fan
Exterior
Garage Assigned, Carport
Pool None
Porch Open, Patio
Parking Type Assigned, Carport
Attached Garage No
Total Parking Spaces 16
Private Pool No
Building
Lot Description Front Yard, Landscaped
Story 3
Entry Level Three Or More
Foundation Raised
Water Public
Level or Stories Three Or More
New Construction No
Construction Status Updated/Remodeled
Others
Pets Allowed Call
Senior Community No
Tax ID 8142001034
Security Features Carbon Monoxide Detector(s),Fire Detection System,Resident Manager,Smoke Detector(s)
Special Listing Condition Standard
Pets Description Call
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Bought with Daniel Gomez • Younglewin Advisors, Inc.