13624 Franklin St Whittier, CA 90602
Whittier College NeighborhoodEstimated payment $12,915/month
About This Home
Fantastic investment opportunity in the high-demand rental market of Whittier! This well-maintained 5-unit multifamily property, built in 1984, features four 3-bedroom/2-bath units and one 3-bedroom/1-bath unit—all with central air and heat. Recent upgrades include new hot and cold water lines from the street meter to the two downstairs units (Units 1 & 2), and newer A/C units in Units 3 & 4. The property offers two 2-car garages in front and six 1-car garages in back. All units are separately metered for gas and electric, and feature tile and laminate flooring, plus granite kitchen countertops. Stable rental income supported by HUD assistance program. Conveniently located near Whittier College, the Civic Center, and vibrant Downtown Whittier, with easy access to the I-605 and I-5 freeways. Ideal for investors seeking immediate income and long-term upside.
Listing Agent
eXp Realty of California Inc Brokerage Phone: 626-377-6923 License #02213923 Listed on: 05/02/2025
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1984
Lot Details
- 8,221 Sq Ft Lot
- Two or More Common Walls
- Density is 2-5 Units/Acre
Parking
- 8 Car Garage
Home Design
- Apartment
Interior Spaces
- 4,824 Sq Ft Home
- 2-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 15 Bedrooms
- 9 Bathrooms
Utilities
- Central Heating and Cooling System
Listing and Financial Details
- Tax Lot 14
- Tax Tract Number 5016
- Assessor Parcel Number 8142003028
- $2,984 per year additional tax assessments
Community Details
Overview
- 2 Buildings
- 5 Units
Amenities
- Laundry Facilities
Building Details
- 5 Separate Electric Meters
- 5 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $780
- Fuel Expense $3,288
- Insurance Expense $2,100
- Professional Management Expense $1,800
- Trash Expense $6,504
- Water Sewer Expense $5,760
- Operating Expense $51,415
- Gross Income $4,800
- Net Operating Income $107,656
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/14/2025 06/14/25 | For Sale | $1,980,000 | 0.0% | $410 / Sq Ft |
| 06/12/2025 06/12/25 | Off Market | $1,980,000 | -- | -- |
| 05/02/2025 05/02/25 | For Sale | $1,980,000 | +11.7% | $410 / Sq Ft |
| 05/08/2019 05/08/19 | Sold | $1,773,000 | -1.5% | $368 / Sq Ft |
| 03/03/2019 03/03/19 | Pending | -- | -- | -- |
| 02/01/2019 02/01/19 | For Sale | $1,800,000 | -- | $373 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: WS25096365
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