13504 Earlham Drive, Whittier, CA 90602

$2,390,000
List Price
$2,390,000
Price Change
▲ $20,000 1660074872
Status
ACTIVE
MLS#
AR22137328
Year Built
1910
Lot Size
10,961
Acres
0.2516
Lot Location
Item25UnitsAcre
Days on Market
106
Property Type
Multifamily
Stories
Three Or More Levels

Property Description

Historic trophy property nestled in a prime location in Whittier has been completely restored. Reduced property taxes via Mills Act allows for a new owner to benefit from lower tax basis. Originally built in 1910 by the first President of Whittier College, this stunning American Foursquare estate is comprised of two houses and two garages on a very large 10,961 square foot lot. The front house alone is over 4,000 sq. ft. with antique hardwood floors, vintage chandeliers, double staircases and exceptional character throughout. Ideal investment opportunity with strong cash on cash return on current income with HUGE upside potential. The third-story loft overlooks the park like setting at Whittier College and beautiful views of Catalina Island on a clear day. The back house has an attached two car garage with two restrooms. The 3rd structure is a detached very large garage with professional automobile lift and air compressor setup which could possibly be converted to an ADU. This asset is ideal for student housing as well as many other possibilities. The back house and both garages were built in 2014-2015 from the ground up, while the entire front house was completely restored in 2014-2015 (new roofs, new plumbing, new electrical, new drainage, new concrete, new parking, new interior restoration etc.)

Additional Information

Other Buildings
Guest House
Pool Description
None
Fireplace Description
Family Room, Living Room
Heat
Central
Cooling
Yes
Cooling Description
Central Air
View
Catalina, City Lights, Courtyard, Hills, Mountain(s), Neighborhood
Garage Spaces Total
4
Sewer
Public Sewer
Water
Public
Interior Features
MultipleStaircases, Attic, JackandJillBath, Loft
Attached Structure
Detached
Number Of Units Total
2
Gross Scheduled Income
$172,800
Operating Expense
35428

Listing courtesy of Listing Agent: Matthew Guerra (matthew.guerra@principlequalityinvestments.com) from Listing Office: KW Executive.

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.