7612 Newlin Ave - Apartments FOR SALE


Whittier, CA 90602- Whittier City
$1,700,000 USD
909-815-1081
7612 Newlin Ave, Whittier, CA for Sale
$1,700,000 USD
Apartments - FOR SALE
1/10
null | 3.89% Cap Rate

7612 Newlin Ave
Whittier, CA 90602
Whittier City


HIGHLIGHTS

  • Prime Whittier location surrounded by strong tenant demand
  • Single-story with parking
  • Close proximity to Whittier College and PIH Hospital
  • New Water and Gas Pipping
  • Newer Roof
  • Strong Market Fundamentals- steady rental growth, high occupancy, and limited multifamily turnover make this a reliable long-term investment.

OVERVIEW

We are pleased to present 7612 Newlin Avenue, a single-story, six-studio multifamily property located in the heart of Whittier. Built in 1959, the property offers approximately 1,975 square feet of rentable space on a 7,011-square-foot lot zoned WHR4*, providing strong fundamentals and excellent value-add potential through continued upgrades and improvements. Over the past year, more than half of the units have been renovated, featuring new flooring, fresh paint, updated faucets, and baseboards—enhancing both functionality and tenant appeal. The property has also undergone significant capital improvements, including new gas piping, a complete copper repipe of the water lines, a new electrical panel, and roof updates within the last two years. With only a few remaining units left to modernize, 7612 Newlin Avenue offers investors an attractive blend of stabilized income and remaining upside, making it a compelling opportunity in one of Whittier’s most desirable and resilient rental markets.

FOR SALE DETAILS

PRICE

$1,700,000 USD

PRICE/SF

$861 USD /SF

# OF UNITS

6

PRICE/UNIT

$283,333

CAP RATE

3.89%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1959

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

6,970 SF

ZONING

WHR4*

APN/PARCEL ID

8141-015-010

ASK ABOUT THIS PROPERTY

David CendejasSVN | VanguardMore Info
909-815-1081

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David CendejasSVN | VanguardMore Info
909-815-1081

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