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13704 Franklin Street, Whittier, CA 90602
3
beds
2
baths
10353
ft2
· 10018
ft2 lot
$4,272,000
$413 / ft2
Listing provided courtesy of Tyler Leeson, Marcus & Millichap RE Invest.
Source CRMLS.
Franklin Heights Apartment Homes is a 16-unit multifamily investment property located in Whittier, California. Built in 1971, the property features one- and two-bedroom units and offers amenities including tuck-under parking, garage parking, and on-site laundry. Current ownership has recently renovated seven of the sixteen units, with upgrades including a stainless steel hood and stove, shaker-style cabinets, and vinyl plank flooring.
HOA
$—/month
On market
8 months
Year built
1971
Property type
Multi-Family
Parking
16
MLS
OC20180767
Price / Sq.Ft.
$413 / ft2
Status
Active
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Property Details
Interior Features & Layout
Appliances
•   
Laundry Details: Community
•   
Laundry: 1
Rooms Info
•   
Average3 Bed Area Units: Square Feet
•   
Average Studio Area Units: Square Feet
•   
Average2 Bed Area Units: Square Feet
•   
Average1 Bed Area Units: Square Feet
Interior Size
•   
Building Area Total: 10353.00
Property, Lot, Community & Exterior Features
Parking Info
•   
Garage Spaces: 8.00
•   
Carport Spaces: 8.00
Building Info
•   
Building Area Units: Square Feet
•   
Year Built Source: Assessor
Lot Info
•   
Zoning: WHR4*
•   
Lot Features: Corner Lot
•   
Lot Size Source: Assessor
•   
Elevation Units: Feet
•   
Lot Size Acres: 0.2300
•   
Lot Size Area: 0.2300
•   
Lot Size Units: Acres
Community Info
•   
Number Of Buildings: 2
•   
Total Units: 16
Property Features
•   
Common Walls: No Common Walls
Property Type
•   
Common Interest: Community Apartment
Utilities & Other Information
Utilities
•   
Number Of Separate Electric Meters: 16
•   
Number Of Separate Gas Meters: 16
•   
Number Of Separate Water Meters: 1
Water & Sewer Info
•   
Water Source: Public
•   
Sewer: Public Sewer
Listing Details, Costs & Financing Information
Financial Info
•   
Gross Operating Income: 296398.00
•   
Water Sewer Expense: 3923.50
•   
Other Expense Description: Misc
•   
Other Expense: 24100.00
•   
Maintenance Expense: 10400.00
•   
Total Actual Rent: 25029.00
•   
Fuel Expense: 3923.50
•   
Trash Expense: 3923.50
•   
New Taxes Expense: 53379.00
•   
Insurance Expense: 4527.00
•   
Vacancy Allowance: 9010
•   
Professional Management Expense: 11856.00
•   
Other Income Description: Miscellaneous
•   
Total Expenses: 119956.00
•   
Gross Scheduled Income: 300348.00
•   
Other Income1: 5060.00
•   
Tax Block: A
•   
Operating Expense: 119956.00
•   
Rent Control Yn: 1
Tax/Assessment Info
•   
Gross Income: 305408.00
•   
Tax Year: 2020
•   
Taxes: 47752.0
Lease Info
•   
Net Operating Income: 176442.00
Listing Info
•   
Status: Active
Other
•   
Electric Expense: 3923.50
Multi Unit Information
Unit 2 Information
•   
Unit 2 Actual Rent: 8795.00
•   
Unit 2 Bedrooms: 2
•   
Unit 2 Total Units: 5
•   
Unit 2 Furnished Units: Unfurnished
•   
Unit 2 Bathrooms: 1
•   
Unit 2 Garage Spaces: 4.00
•   
Unit 2 Total Rent: 8795.00
Unit 1 Information
•   
Unit 1 Bedrooms: 1
•   
Unit 1 Total Units: 11
•   
Unit 1 Furnished Units: Unfurnished
•   
Unit 1 Garage Spaces: 4.00
•   
Unit 1 Bathrooms: 1
•   
Unit 1 Actual Rent: 16234.00
•   
Unit 1 Total Rent: 16234.00
Multi Unit Information
•   
# Of Units: 2
•   
Number Of Units Leased: 16
School Neighborhood & Directions
Location
•   
Community Features: Curbs, Sidewalks
•   
Directions: Nearby Major Cross Streets: Mar Vista Street & Valley View Avenue
The information contained in this listing has not been verified by Flyhomes and should be verified by the buyer.

Data last updated: Apr 18, 2021 1:30am
Neighborhood snapshot
33
Properties for sale
9.5
Median days on market
$400.64
Median sold price/sqft
102.99%
Sold/List %
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Property History
09/01/2020
09/01/2020
CRMLS #OC20180767
active
CRMLS #OC20180767
$4,272,000
+13.92%
10/22/2018
10/22/2018
Public Record
sold
Public Record
$3,750,000
+212.50%
04/11/2002
04/11/2002
Public Record
sold
Public Record
$1,200,000
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