Skip to main content

Multifamily

Franklin Heights Apartment Homes

13704 Franklin St, Whittier, CA 90602

Listing Price: $4,700,000

Cap Rate
4.03%
Number of Units
16
Price/Unit
$293,750
Price/Gross SF
$453.97
Gross SF
10,353

Investment Overview

Marcus & Millichap, as the exclusive listing agent, is pleased to present the opportunity to acquire Franklin Heights Apartment Homes, a 16-unit multifamily investment property located in Whittier, CA. Built in 1971, the property features one and two-bedroom units and offers amenities including tuck-under parking, garage parking, elevator service, and on-site laundry. Current ownership has recently renovated eight of the sixteen units, with upgrades including a stainless steel hood and stove, shaker-style cabinets, and vinyl plank flooring. Franklin Heights Apartment Homes has an ideal Whittier location, positioned in a predominately residential area of the city yet just moments away from lively Uptown Whittier. Additionally, the property is adjacent to Whittier College, a world-class private college.

Investment Highlights

  • A 16-Unit Multifamily Investment Property Located in Whittier, CA
  • The Property Offers an Excellent Unit Mix Consisting of One & Two-Bedroom Floor Plans
  • Amenities Include Tuck-Under & Garage Parking, Elevator Service, & On-Site Laundry
  • Current Ownership Has Renovated Eight of the Sixteen Units
  • Located Just Over 0.50 Miles From Charming Uptown Whittier, Which Offers 3 Square Miles of Shopping, Dining, & Entertainment Options
  • Fantastic Location Just South of Whittier College, Attracting Renters Seeking a Well Located, Off-Campus Housing Option

Exclusively Listed By

Financing By

Multifamily

Franklin Heights Apartment Homes

Listing Price: $4,700,000

Cap Rate
4.03%
Number of Units
16
Price/Unit
$293,750
Price/Gross SF
$453.97
Gross SF
10,353

Investment Highlights

  • A 16-Unit Multifamily Investment Property Located in Whittier, CA
  • The Property Offers an Excellent Unit Mix Consisting of One & Two-Bedroom Floor Plans
  • Amenities Include Tuck-Under & Garage Parking, Elevator Service, & On-Site Laundry
  • Current Ownership Has Renovated Eight of the Sixteen Units
  • Located Just Over 0.50 Miles From Charming Uptown Whittier, Which Offers 3 Square Miles of Shopping, Dining, & Entertainment Options
  • Fantastic Location Just South of Whittier College, Attracting Renters Seeking a Well Located, Off-Campus Housing Option

Investment Overview

Marcus & Millichap, as the exclusive listing agent, is pleased to present the opportunity to acquire Franklin Heights Apartment Homes, a 16-unit multifamily investment property located in Whittier, CA. Built in 1971, the property features one and two-bedroom units and offers amenities including tuck-under parking, garage parking, elevator service, and on-site laundry. Current ownership has recently renovated eight of the sixteen units, with upgrades including a stainless steel hood and stove, shaker-style cabinets, and vinyl plank flooring. Franklin Heights Apartment Homes has an ideal Whittier location, positioned in a predominately residential area of the city yet just moments away from lively Uptown Whittier. Additionally, the property is adjacent to Whittier College, a world-class private college.

Exclusively Listed By

Financing By

MM Texture Background
MM Textured Background Lower