Log In/Sign Up
Your email has been sent.
Leffingwell Apartment Complex 13857 Leffingwell Rd 24 Unit Apartment Building $15,500,000 ($645,833/Unit) 4.25% Cap Rate Whittier, CA 90604
Investment Highlights
- Newly constructed 24-unit apartment community completed in 2025.
- Diverse unit mix with one-, two-, and three-bedroom layouts to attract a broad tenant base.
- Individually metered gas and electricity for simplified management and reduced operating costs.
- Modern interiors featuring quartz countertops, premium cabinetry, and recessed lighting.
- In-unit washer and dryer hookups and assigned parking for all residences.
- Located in Whittier with convenient access to retail, schools, and major transportation routes.
Executive Summary
13857 Leffingwell Apartments presents a newly constructed 24-unit multifamily investment opportunity in Whittier, California. Completed in 2025, this property offers a modern living experience with high-end finishes and contemporary design throughout. The unit mix includes five one-bedroom units, eleven two-bedroom units, and eight three-bedroom units, catering to a diverse tenant base. Each residence features quartz countertops, premium cabinetry, recessed lighting, and in-unit washer and dryer hookups, ensuring convenience and appeal for today’s renters.
The property is designed for efficient operations, with individual gas and electric meters and a utility allocation system for water and trash. Assigned parking is provided for all units, enhancing tenant satisfaction. Located in a desirable neighborhood, the asset benefits from proximity to major employment centers, retail amenities, and transportation corridors, making it an attractive option for long-term investors.
With a projected gross annual rent exceeding $900,000 and the potential for stable cash flow, this property is well-suited for 1031 exchange buyers, private investors, or portfolio owners seeking a turnkey, income-generating asset in a strong Southern California market.
The property is designed for efficient operations, with individual gas and electric meters and a utility allocation system for water and trash. Assigned parking is provided for all units, enhancing tenant satisfaction. Located in a desirable neighborhood, the asset benefits from proximity to major employment centers, retail amenities, and transportation corridors, making it an attractive option for long-term investors.
With a projected gross annual rent exceeding $900,000 and the potential for stable cash flow, this property is well-suited for 1031 exchange buyers, private investors, or portfolio owners seeking a turnkey, income-generating asset in a strong Southern California market.
Financial Summary (Actual - 2024) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$912,720
|
$40.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$912,720
|
$40.99
|
| Taxes |
$170,500
|
$7.66
|
| Operating Expenses |
$486,658
|
$21.86
|
| Total Expenses |
$657,158
|
$29.52
|
| Net Operating Income |
$255,562
|
$11.48
|
Financial Summary (Actual - 2024)
| Gross Rental Income | |
|---|---|
| Annual | $912,720 |
| Annual Per SF | $40.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $912,720 |
| Annual Per SF | $40.99 |
| Taxes | |
|---|---|
| Annual | $170,500 |
| Annual Per SF | $7.66 |
| Operating Expenses | |
|---|---|
| Annual | $486,658 |
| Annual Per SF | $21.86 |
| Total Expenses | |
|---|---|
| Annual | $657,158 |
| Annual Per SF | $29.52 |
| Net Operating Income | |
|---|---|
| Annual | $255,562 |
| Annual Per SF | $11.48 |
Property Facts
| Price | $15,500,000 | Apartment Style | Low-Rise |
| Price Per Unit | $645,833 | Building Class | A |
| Sale Type | Investment | Lot Size | 0.66 AC |
| Cap Rate | 4.25% | Building Size | 22,265 SF |
| No. Units | 24 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 2025 |
| Property Subtype | Apartment | Parking Ratio | 1.88/1,000 SF |
| Zoning | LCR3* - Lowrise Commercial–Residential | ||
| Price | $15,500,000 |
| Price Per Unit | $645,833 |
| Sale Type | Investment |
| Cap Rate | 4.25% |
| No. Units | 24 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | A |
| Lot Size | 0.66 AC |
| Building Size | 22,265 SF |
| No. Stories | 3 |
| Year Built | 2025 |
| Parking Ratio | 1.88/1,000 SF |
| Zoning | LCR3* - Lowrise Commercial–Residential |
Amenities
Unit Amenities
- Air Conditioning
- Dishwasher
- Washer/Dryer
- Heating
- Kitchen
- Refrigerator
- Oven
- Stainless Steel Appliances
- Range
- Tub/Shower
- Walk-In Closets
- Freezer
- Vinyl Flooring
- Quartz Countertops
Site Amenities
- 24 Hour Access
- Controlled Access
- Property Manager on Site
- Gas Range
- Smoke Free
- Elevator
- Online Services
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 5 | - | 700 |
| 2+2 | 11 | - | 700 - 1,000 |
| 3+2 | 8 | - | 1,100 |
1 1
Fairly walkable
40/100
Very drivable
80/100
Minimal public transit
10/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 8031-005-092 | Total Assessment | $1,706,866 (2025) |
| Land Assessment | $533,866 (2025) | Annual Taxes | $170,500 ($7.66/SF) |
| Improvements Assessment | $1,173,000 (2025) | Tax Year | 2024 |
Property Taxes
Parcel Number
8031-005-092
Land Assessment
$533,866 (2025)
Improvements Assessment
$1,173,000 (2025)
Total Assessment
$1,706,866 (2025)
Annual Taxes
$170,500 ($7.66/SF)
Tax Year
2024
1 of 48
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
Leffingwell Apartment Complex | 13857 Leffingwell Rd
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.