6333 Milton Ave - Apartments FOR SALE


Whittier, CA 90601- Uptown Whittier
$6,400,000 USD
323-646-2100
6333 Milton Ave, Whittier, CA for Sale
$6,400,000 USD
Apartments - FOR SALE
1/11
null | Request Cap Rate

6333 Milton Ave
Whittier, CA 90601
Uptown Whittier


HIGHLIGHTS

  • Covered parking, covered pool and on-site laundry for tenants
  • 4 units 2bd/2bath, 16 units 2bed/1bath, and 2 units 1bed/1bath. All units with excellent floor plans
  • Recent capital improvement includes roof and exterior buildings
  • Uptown Whittier District area featured variety restaurants, shops, historic landmark

OVERVIEW

Fantastic Multi-Family Investment opportunity located in the historic Uptown Whittier District known area which is cherished for its small-town vibe and features a variety of restaurants, shops, local business, historic landmark, scenic hill, and nearby hiking trails. This multifamily property offers 22 units with a spacious floor plan. Two building properties, total living area of 18,700 SF and a big, enclosed pool area for your tenants. Property has 4 Units with 2 Bedrooms and 2 Bathrooms, 16 units with 2 bedrooms 1 bathroom, and 2 units with 1 bedroom 1 bathroom. Garage with gate access, covered parking, on-site laundry available for tenants near the pool area. Built in 1962 and situated in the desirable WHR4 zoning. Ownership has completed major exterior and roofing improvements offering a lucrative prospect for a savvy investor with strong rental history in a desirable Uptown submarket Whittier area.

FOR SALE DETAILS

PRICE

$6,400,000 USD

PRICE/SF

$342 USD /SF

# OF UNITS

22

PRICE/UNIT

$290,909

CAP RATE

Request Cap Rate

% LEASED

90%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Milton One

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Dormitory

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1962

PARKING SPACES

22

LAND DETAILS

LAND ACRES

0.34 AC

LAND SF

14,702 SF

ZONING

R4

APN/PARCEL ID

8135-002-025

ASK ABOUT THIS PROPERTY

Rudy RodriguezGeorge Michael RealtyMore Info
323-646-2100

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Rudy RodriguezGeorge Michael RealtyMore Info
323-646-2100

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.