7-Unit Multifamily

This 7-unit multifamily property has a mix of five (5) one bedroom/one bath and two (2) two bedroom/two bath. Located in the heart of Whittier, various amenities including grocery stores, local schools, shopping, and medical centers are within walking distance. Parking is included via two (2) one-car garage spaces and five (5) carports located at the rear of the building. Electric and water heaters are metered separately for each unit. All current tenants are on a month-to-month rent lease which gives the new owner opportunity to renovate and bring units up to market value.

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Listing Courtesy of Catalina Ortiz of SoCal Realty Services

Property Type: Multifamily
Building Size: 5,965 Sq. Ft.
Units: 7
Lot Size: 7,001
Cap Rate: 3.05%
Price: $1,700,00
Price Per Sq Ft: $301.59
Address: 7322 Newlin Avenue
City: Whittier
State: CA
Zip: 90602
Status: Pending
Year Built: 1965
Price Per Unit: $257,000
Rentable Sq Ft: 5,965 Sq. Ft.
Parking: Garage & Carport
GRM: 17.80