Marcus & Millichap, as the exclusive listing agent, is pleased to present Earlham Drive Apartments, an eight-unit multifamily investment opportunity located in Whittier, California. Built in 1958, this well-maintained property consists of six, one-bedroom units and two, two-bedroom units. The well-maintained property offers carport parking with storage lockers, security doors, and an on-site laundry facility.
Located on the southeast edge of Los Angeles County, approximately 2.5-miles from Interstate 605, 13654 Earlham Drive offers easy access to job centers across Los Angeles, Orange, and Riverside Counties. Additionally, the property is just steps from Whittier College, a private liberal arts college with over 50 percent of students living off campus. Tenants also enjoy the properties close proximity to the center of Uptown Whittier, providing convenient walking access to entertainment, retail, quick service and casual dining options as well as museums and public parks. As a result, Earlham Drive Apartments, along with most apartment product in the Whittier submarket, is perennially occupied in the high 90 percent range. Over the past 24-months, the Whittier submarket has outperformed a number of other Southern California submarkets, with asking rents increasing by a total of 9.6 percent.
