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6.12% Actual Cap Rate in Uptown Whittier 13504 Earlham Dr 3 Unit Apartment Building $3,488,404 CAD ($1,162,801 CAD/Unit) 6.12% Cap Rate Whittier, CA 90602

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INVESTMENT HIGHLIGHTS

  • Prime Location: Directly across from Whittier College. Walking distance to Uptown Whittier shops, restaurants, and parks.
  • Major Capital Improvements: New roof, copper plumbing, sewer line, electrical systems, restored original flooring and interior, new concrete driveway
  • Strong Investment Performance: High rental demand for affordable units, excellent cash flow, Ideal for seasoned or first time investors
  • Fully Renovated Units: Historic main building, custom-built back house (constructed 2017), brand new ADU unit (built 2024)
  • Mills Act Property: Significant Tax Savings (transferrable with property)
  • Attractive Financing Options: 30yr residential financing available ready for immediate income and cash flow

EXECUTIVE SUMMARY

Rare opportunity to acquire a 100% turnkey multi-structure 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.

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

ANNUAL (CAD) ANNUAL PER SF (CAD)
Gross Rental Income $99,999 $9.99
Other Income $99,999 $9.99
Vacancy Loss $99,999 $9.99
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Annual Per SF $9.99
Other Income (CAD)
Annual $99,999
Annual Per SF $9.99
Vacancy Loss (CAD)
Annual $99,999
Annual Per SF $9.99
Effective Gross Income (CAD)
Annual $99,999
Annual Per SF $9.99
Taxes (CAD)
Annual $99,999
Annual Per SF $9.99
Operating Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Total Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Net Operating Income (CAD)
Annual $99,999
Annual Per SF $9.99

PROPERTY FACTS

Price $3,488,404 CAD
Price Per Unit $1,162,801 CAD
Sale Type Investment
Cap Rate 6.12%
No. Units 3
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.25 AC
Building Size 5,574 SF
No. Stories 2
Year Built/Renovated 1910/2024
Parking Ratio 1.61/1,000 SF
Zoning WHR4* - Multifamily Zoning

AMENITIES

UNIT AMENITIES

  • Dishwasher
  • Washer/Dryer
  • Kitchen
  • Hardwood Floors
  • Refrigerator
  • Tub/Shower
  • Carpet
  • Porch

SITE AMENITIES

  • 24 Hour Access
  • Controlled Access
  • Courtyard
  • Walk-Up
  • Smoke Detector
Walk Score®
Very Walkable (89)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
  • Listing ID: 36735528

  • Date on Market: 2025-07-15

  • Last Updated:

  • Address: 13504 Earlham Dr, Whittier, CA 90602

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