6725 Newlin Ave - Multi-Family FOR SALE


Whittier, CA 90601- Uptown Whittier
$1,400,000 USD
562-266-7629
6725 Newlin Ave, Whittier, CA for Sale
$1,400,000 USD
Multi-Family - FOR SALE
1/11
null | 4.43% Cap Rate

6725 Newlin Ave
Whittier, CA 90601
Uptown Whittier


HIGHLIGHTS

  • • First time ever on the market – Rare opportunity to acquire directly from the original developer
  • • Pride of ownership asset – Well-maintained since construction, never before sold
  • • Desirable unit mix – All 2-bedroom 1.5-bath and 3-bedroom 1.5-bath townhome-style units
  • • Spacious floor plans – Units average over 1,000 sq ft, appealing to long-term tenants
  • • Strong in-place rents – Immediate cash flow with stable tenancy
  • • All units feature central HVAC and assigned garage parking - Desirable amenities for tenants

OVERVIEW

First time ever on the market!! Rare opportunity to acquire this pride-of-ownership townhome asset which was built in 1985 and offered directly from the original developer! Meticulously maintained since construction, this property offers a desirable mix of oversized 2-bed/1.5-bath townhomes and a 3-bed/1.5-bath unit, averaging over 1,000 sq ft and offer premium features including central HVAC and assigned two-car garage parking. Current rents provide stable cash flow from a strong tenant base, with additional potential to increase NOI by over 40%. This property is situated in the heart of Uptown Whittier within a 87 Walk Score neighborhood known for its accessibility and high rental demand. This property would make an excellent addition to any investor’s portfolio.

FOR SALE DETAILS

PRICE

$1,400,000 USD

PRICE/SF

$338 USD /SF

# OF UNITS

4

PRICE/UNIT

$350,000

CAP RATE

4.43%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1985

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

7,025 SF

ZONING

WHR4*

APN/PARCEL ID

8139-011-008

ASK ABOUT THIS PROPERTY

Daniel GomezYoung Lewin AdvisorsMore Info
562-266-7629

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Daniel GomezYoung Lewin AdvisorsMore Info
562-266-7629

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