NOT LISTED FOR SALE

13601 Franklin St Whittier, CA 90602

Whittier College Neighborhood
3 Beds
3 Baths
3,332 Sq Ft
6,600 Sq Ft Lot

Last Sold December 16, 2015

Last sale price $905,000 $272 Per Sq Ft

35 Days on Market

About This Home

As of December 2015

We are pleased to exclusively offer for sale this 6 unit multi-family investment in the highly desirable rental community of “Uptown” Whittier. The subject property is comprised of six (1Bedroom/1Bathroom) units which are separately metered for electricity and gas. Tenants have access to onsite garage parking. With a 5+% market cash return, this multi-family property offers a new investor a significant cash return in an ideal location.

Last Agent to Sell the Property

Kristopher German

RE/MAX 2000 REALTY License #01800021 Listed on: 09/24/2015

RE/MAX 2000 REALTY

Last Buyer's Agent

Francesca Mauro

T.N.G. Real Estate Consultants License #01985117

T.N.G. Real Estate Consultants

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1956

Lot Details

  • 6,600 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Parking

  • 4 Car Garage

Home Design

  • 3,332 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Listing and Financial Details

  • Tax Lot 062
  • Tax Tract Number 3
  • Assessor Parcel Number 8142003062

Community Details

Overview

  • 6 Units

Building Details

  • 7 Separate Electric Meters
  • 6 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $1,200
  • Insurance Expense $1,293
  • Maintenance Expense $4,500
  • Other Expense $900
  • Trash Expense $900
  • Water Sewer Expense $1,500
  • New Taxes Expense $10,281
  • Gross Income $46,531
  • Net Operating Income $46,531

Property Details

Home Type

Multi-Family

Year Built

Built in 1956

Lot Details

0

Parking

4

Listing Details

  • CapRate: 5.24
  • Property Attached: Yes
  • Water Sewer Expenses: 1500.00
  • Property Type: Residential Income
  • Parcel Number: 8142003062
  • Year Built: 1956
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 271.61

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 12.00

Utilities

  • Utilities: Sewer Available
  • Trash Expense: 900.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Gutters, Sidewalks, Street Lights

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6600.00
  • Price Per Lot Square Foot: 137.12
  • Lot Size Acres: 0.1520

Multi Family

  • Electric Expense: 1200.00
  • Gross Income: 46531.00
  • Gross Multiplier: 13.01
  • Gross Scheduled Income: 69180.00
  • Insurance Expense: 1293.00
  • Lot Size Area: 6600.0000 Square Feet
  • Maintenance Expense: 4500.00
  • Net Operating Income: 46531.00
  • Number Of Separate Electric Meters: 7
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 6
  • Operating Expense: 20574.00
  • Other Expense: 900.00
  • Other Expense Description: Reserves
  • Rent Control: No
  • Vacancy Allowance: 2075

Tax Info

  • New Taxes Expense: 10281.00
  • Tax Lot: 062
  • Tax Tract Number: 003

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/16/2015 12/16/15 Sold $905,000 +0.6% $272 / Sq Ft
10/29/2015 10/29/15 Pending -- -- --
09/24/2015 09/24/15 For Sale $900,000 +37.4% $270 / Sq Ft
12/16/2013 12/16/13 Sold $655,000 -3.0% $197 / Sq Ft
12/11/2013 12/11/13 Pending -- -- --
10/25/2013 10/25/13 For Sale $675,000 -- $203 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Kristopher German

    Seller's Agent in 2015

    Kristopher German

    RE/MAX

    (909) 645-0443

    109 Total Sales

    Kristopher German
    Section Image
  • Francesca Mauro

    Buyer's Agent in 2015

    Francesca Mauro

    T.N.G. Real Estate Consultants

    (562) 902-5100

    67 Total Sales

    Francesca Mauro
    Section Image

  • S

    Seller's Agent in 2013

    Steve Snyder

    Strategic Capital Investment G

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV15210945

California Regional Multiple Listing Service (CRMLS)

California Los Angeles County Whittier 90602 Whittier College

13601 Franklin St, Whittier, CA

This home is located at 13601 Franklin St, Whittier, CA 90602 since 24 September 2015. This property was built in 1956. 13601 Franklin St is a home located in Los Angeles County with nearby schools including Lou Henry Hoover Elementary School, Walter F. Dexter Middle School, and Whittier High School.

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California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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