13504 Earlham Dr - Apartments FOR SALE


Whittier, CA 90602- Whittier City
$2,150,000 USD
909-997-9765
13504 Earlham Dr, Whittier, CA for Sale
$2,150,000 USD
Apartments - FOR SALE
1/10
null | 7.01% Cap Rate

13504 Earlham Dr
Whittier, CA 90602
Whittier City


HIGHLIGHTS

  • Prime Location - Directly across from Whittier College
  • Major Capital Improvements: New Roof, New Plumbing, New Electrical, New HVAC, New Concrete Parking Surface, etc.
  • Excellent Cap Rate / GRM (7.01% / 10.54x) on Current Income!
  • Mills Act Property - Significant Tax Savings that improve Cash-Flow
  • One(1) Unit Built In 2024, One(1) Unit Built In 2017, One(1) Unit Completely Renovated In 2017
  • Attractive Rental Location Walking Distance To Restaurants, Parks, Schools, etc.

OVERVIEW

Turnkey Trophy Property in Prime Uptown Whittier | Historic & Fully Renovated with Major Income Potential Rare opportunity to acquire a 100% turnkey multi-family investment property in the heart of Uptown Whittier—directly across from Whittier College and just steps from the area's vibrant shops, restaurants, and parks. This exceptional asset blends historic charm, modern upgrades, and unbeatable location, offering tremendous long-term cash flow and appreciating value. Ideal for both seasoned and first-time investors, this cash-flowing triplex includes three beautifully maintained and updated residences: ? 13504: The original main home, built by Whittier College’s first president, Charles Tebbet’s, and later owned by prominent local physician Dr. William Coffin, is a preserved piece of Whittier’s heritage. ? 13508: A fully permitted, custom-built back house constructed in 2017. ? 13506: A brand-new third unit (ADU) built in 2024, adding even more upside to your investment portfolio. Every inch of this property has been thoughtfully renovated with no expense spared, including: ? New roof and plumbing ? Updated electrical and light fixtures ? Restored original flooring ? Clawfoot tubs ? Modern switches, hardware, and finishes ? Fresh concrete driveway ? And much more. Adding to the property’s appeal is its Mills Act designation, which provides significant property tax savings, boosting your net income and increasing ROI. With high rental demand, walkability, and Whittier College right across the street, this is a rare chance to own a trophy asset in a blue-chip location. In a market where affordable, quality housing is in high demand, this investment promises exceptional performance for years to come. Don't miss this once-in-a-generation opportunity to own a piece of Whittier history with modern, cash-generating appeal

FOR SALE DETAILS

PRICE

$2,150,000 USD

PRICE/SF

$386 USD /SF

# OF UNITS

3

PRICE/UNIT

$716,667

CAP RATE

7.01%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

7% Cap Rate | 143k Per Door | Mills Act

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Dormitory

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1910

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.25 AC

LAND SF

10,960 SF

ZONING

WHR4*

APN/PARCEL ID

8138-008-004

ASK ABOUT THIS PROPERTY

Matthew GuerraKW CommercialMore Info
909-997-9765

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Matthew GuerraKW CommercialMore Info
909-997-9765

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.