$15,500,000
NEW CONSTRUCTION

Estimated payment $97,678/month

Total Views 21,104
7 Beds
6 Baths
22,265 Sq Ft
$696 Price per Sq Ft

Highlights

  • New Construction
  • Gated Community
  • Open Floorplan
  • California High School Rated A-
  • 0.66 Acre Lot
  • No HOA

About This Home

Welcome to 13857 Leffingwell Apartments, a 24-unit apartment investment property nestled in the highly desirable neighborhood of Whittier.

Newly Constructed Apartments completed in 2025.
These newly built units offer modern living spaces with updated finishes throughout, featuring:

5 Units – 1 Bedroom / 1 Bathroom, Market rent: $2,490.00.
Each of these 1-bedroom units comes with assigned parking for 1 vehicle. 2 out of the 5 units are Affordable Units. These units are designed with modern cabinetry, quartz countertops, recessed lighting, vinyl flooring, high-end appliances, and in-unit washer & dryer hookups.

11 Units – 2 Bedrooms / 2 Bathrooms, Market rent: $2,990.00.
These spacious 2-bedroom units feature assigned parking for 2 vehicles. They are equipped with modern cabinetry, quartz countertops, recessed lighting, wood flooring, premium appliances, and in-unit washer & dryer hookups.

8 Units – 3 Bedrooms / 2 Bathrooms, Market rent: $3,590.00.
These generously sized 3-bedroom units also include assigned parking for 2 vehicles. Similar to the 2-bedroom units, they are outfitted with modern finishes, quartz countertops, recessed lighting, wood flooring, high-end appliances, and washer/dryer hookups.

All tenants pay for their own utilities; water & trash is split accordingly by bedroom count. Gas and Electricity has individual meters, ensuring hassle-free maintenance and management.
Perfect 1031-exchange opportunity, a homeowner looking for additional rental income, or investors.

Listing Agent

Nhi Phan

Real Broker Brokerage Phone: 714-823-1972 License #02178756 Listed on: 04/10/2025

Real Broker

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2025 | New Construction

Lot Details

  • 0.66 Acre Lot
  • Two or More Common Walls
  • 8031005093

Home Design

  • Apartment
  • Entry on the 1st floor

Interior Spaces

  • 22,265 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Recessed Lighting
  • Living Room
  • Vinyl Flooring
  • Neighborhood Views

Kitchen

  • Gas Range
  • Range Hood
  • Dishwasher

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 6 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 43 Open Parking Spaces
  • 43 Parking Spaces
  • Parking Available
  • Assigned Parking

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 5
  • Tax Tract Number 11406
  • Assessor Parcel Number 8031005092
  • $3,000 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 24 Units

Building Details

  • Rent Control
  • 24 Separate Electric Meters
  • 24 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $25,000
  • Professional Management Expense $35,000
  • Operating Expense $252,874
  • Gross Income $903,120
  • Net Operating Income $650,246

Security

  • Gated Community

Property Details

Home Type

Multi-Family

Year Built

Built in 2025 | New Construction

Lot Details

0

Listing Details

  • Assessments: Yes
  • CapRate: 4.25
  • Price Per Unit: 645833
  • Professional Management Expense: 35000.00
  • Property Attached: Yes
  • Security: Carbon Monoxide Detector(s), Gated Community, Smoke Detector(s)
  • View: Yes
  • New Construction: Yes
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 8031005092
  • Year Built: 2025
  • Special Features: NewHome

Interior Features

  • Fireplace: No
  • Interior Amenities: Open Floorplan, Recessed Lighting
  • Stories: 3
  • Entry Location: Entry Door
  • Common Walls: 2+ Common Walls
  • Flooring: Vinyl
  • Appliances: Yes
  • Entry Level: 1
  • Levels: Three Or More
  • Price Per Square Foot: 696.16
  • Room Type: Kitchen, Living Room

Exterior Features

  • View: Neighborhood
  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 43.00
  • Uncovered Spaces: 43.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Range, Range Hood
  • Heating Type: Central
  • Laundry Features: Dryer Included, Gas Dryer Hookup, Washer Hookup, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: Yes
  • Additional Parcels Description: 8031005093
  • Land Lease: No
  • Lot Features: Lot 20000-39999 Sqft
  • Lot Size Sq Ft: 28605.00
  • Lot Size Acres: 0.6567

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Gross Income: 903120.00
  • Gross Scheduled Income: 903120.00
  • Insurance Expense: 25000.00
  • Lot Size Area: 28605.0000 Square Feet
  • Net Operating Income: 650246.00
  • Number Of Separate Electric Meters: 24
  • Number Of Separate Gas Meters: 24
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 24
  • Number With Dishwasher: 24
  • Number With Disposal: 24
  • Number With Range: 24
  • Number With Refrigerator: 24
  • Operating Expense: 252874.00
  • Rent Control: Yes
  • Total Actual Rent: 903120.00
  • Total Expenses: 252874.00

Tax Info

  • Tax Lot: 5
  • Tax Tract Number: 11406
  • TaxOtherAnnualAssessmentAmount: 3000.00

Map

Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/20/2025 09/20/25 Price Changed $2,890 +16.1% $3 / Sq Ft
05/21/2025 05/21/25 For Rent $2,490 0.0% --
04/10/2025 04/10/25 For Sale $15,500,000 0.0% $696 / Sq Ft
03/31/2025 03/31/25 Off Market $2,490 -- --
02/13/2025 02/13/25 Price Changed $2,490 -13.8% $2 / Sq Ft
01/16/2025 01/16/25 For Rent $2,890 -- --
Source: California Regional Multiple Listing Service (CRMLS)

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC25078852

California Regional Multiple Listing Service (CRMLS)