Triplex with Three
For Sale
$949,999
13702 Mar Vista Street, Whittier, CA 90602
Three-unit residential income property with varied unit configurations and additional driveway parking.
Property Size2,603 SF
Days on Market372
Property Features for 13702 Mar Vista Street
General Information
Standard status
Active
Size
2,603 SF
Property subtype
Apartment
Units
Unit Mix
1 x 2/2, 1 x 1/1, 1 x bachelor
Multifamily Units
3
Building Details
Building Size
2,603 SF
Year Built
1960
Listing Agency:
Liberty Real Estate Services
Listed By:
James Joseph · License #00819837
Source:
Archetyperealty
Added: Aug 30, 2025
Changed: Sep 3
Last Checked: Sep 4 at 10:53AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Liberty Real Estate Services
Investment Insights
Based on property information with market context.
Built in 1960, this triplex offers a mix of residential layouts: one 2-bedroom, 2-bath unit, one 1-bedroom, 1-bath unit, and a bachelor unit. The property includes three garages along with driveway parking.
The property is in Whittier, near Whittier College and Uptown, providing access to established local destinations and neighborhood amenities.
The property is in Whittier, near Whittier College and Uptown, providing access to established local destinations and neighborhood amenities.
Key Highlights
- Three‑unit triplex with 2/2, 1/1, and bachelor layouts
- Three garages included
- Additional driveway parking
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$45,458
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.79%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$909,160
$909.2K
Cap Rate 7%
$649,400
$649.4K
Cap Rate 9%
$505,089
$505.1K
Market Conditions
NOI Build-Up for 2,603 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$70.3K $27.00/SF
− Vacancy
−$5.3K −$2.05/SF
EGI
$64.9K $24.95/SF
− OpEx
−$19.5K −$7.48/SF
NOI
$45.5K $17.46/SF
Area
Los Angeles County, CA
Vacancy
7.60%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$909,160
Cap Rate 7%
$649,400
Cap Rate 9%
$505,089
Alternative Uses
Best Use
Multifamily LT 5
$649.4K
$568.2K – $757.6K
NOI $45,458 @ 7.0% cap · market cap 4.79%
Second Best
Apartment 5plus
$598.3K
$523.6K – $698.1K
NOI $41,884 @ 7.0% cap · market cap 4.41%
Theoretical Best
Office A
$1.39M
$1.22M – $1.63M
NOI $97,555 @ 7.0% cap · market cap 10.27%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
2,325
Businesses Nearby
Explore this area
Business Placement
Demographics for 90602, CA
25,521
Population
8,514
Households
3
Avg Household Size
36
Median Age
22%
College-Educated
85%
High-School Grad
3.8 sq mi
ZIP Area
6,716
Density / Sq Mi
$67,259
Median Household Income
$37,237
Median Earnings
$1,719
Median Rent
$729,300
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Three-unit residential income property with varied unit configurations and additional driveway parking.
Where is this triplex located?
The property is located at 13702 Mar Vista Street Whittier, CA.
What is the asking price?
The asking price for this property is $949,999.
What are key features of this property?
This property features: Three‑unit triplex with 2/2, 1/1, and bachelor layouts; Three garages included; Additional driveway parking
