Exclusive Listings

Uptown Whittier Prime Value-Add

Address:
13704 Franklin Street
Whittier, CA 90602
Price:
$3,995,000
Status:
Available
Type:
Apartment
# Units:
16
Year Built:
1971
Building Size:
10,353
Lot Size:
10,004
CAP Rate:
3.44%
GRM:
18.09x
Price/Unit:
$249,700
Price/SqFt:
$386

This is a Prime Value-Add opportunity with many long-time tenants in a non-rent controlled market. The investment contains Attractive 16-units consisting of 5 (five) 2 Bedroom + 1 Bathroom units and 11 (eleven) 1 bedroom + 1 Bathroom units. Situated in Prestigious Area of Uptown Whittier located nearby to many inevitabilities. Excellent government employment opportunities nearby to Whittier City Building Department, Whittier Public Library, Whittier City School District, Whittier College, Whittier High School, Whittier Police Department and US Social Security Administration. 10 minute walk to Whittier College. 8 minute walk to Whittier Senior Center. Easy Access to FWY 605, FWY 5 and FWY 60. Total of 8 (eight) enclosed garages and 8 (eight) covered carports, along with an estimated 30% upside in the rents.



• Value-Add opportunity with many long-time tenants in non-rent controlled market
• Situated in Prime Area of Uptown Whittier
• Excellent government employment opportunities nearby to Whittier City Building Department, Whittier Public Library, Whittier City School District, Whittier College, Whittier High School, Whittier
Police Department and US Social Security Administration
• 10 minute walk to Whittier College
• 8 minute walk to Whittier Senior Center
• Superb location and amenities being extremely close to Uptown Whittier which includes Starlight Village Cinemas, The Coffee Bean, Greenleaf Café, Rocky Cola Café, Lift Coffee Roasters, Azabu
Restaurant, Setá dine: lounge, The Bottle Room, Bambooze Sushi & Brew House Fusion, Ravello Bar & Grill, Spin Lounge, Uno Tea House, Crepes & Grapes Café, Bailey Street Kitchen, Red Oak BBQ, Steve’s BBQ, Jack’s Whittier and much more.
• Access to FWY 605, FWY 5 and FWY 60
• Attractive 16-units consisting of 5 (five) 2 Bedroom
+ 1 Bathroom units and 11 (eleven) 1 bedroom + 1 Bathroom units
• 30% Est. Rental Upside
• Total of 8 (eight) enclosed garages and 8 (eight) covered carports

Marketing Files


Due Diligence


Broker Contact

Matthew Guerra
Direct: 626.898.9740
mguerra@growthinvestmentgroup.com


Office:
999 S. San Gabriel Blvd.
San Gabriel, CA 91776
Phone: 626.594.4901
Fax: 626.316.7552
Email: properties@GrowthInvestmentGroup.com
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