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7306 Newlin Avenue , #4

Whittier, CA 90602
  • $1,200,000
  • STATUS: Active Under Contract
  • ON SITE: 422 Days
  • ID#: PV23026219
Under Contract
UPDATED: 169 min ago
$1,200,000
  • 0
    BEDS
  • 0.16
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1958
County:

School Ratings & Info

Listing Agent(s): Lisa Oliveras of RE/MAX Estate Properties (310-378-9494) and Ramsey Oliveras of RE/MAX Estate Properties(310-378-9494)


Description

Whether you're on the hunt for a comfortable home or a quality investment in a highly desirable Whittier location, this incredible multi-family abode might just be what you're looking for! Take advantage of the opportunity to live in one and lease the others or enjoy steady rental income from full occupancy. Several updates enhance the appeal of this 4-unit complex, including a newer roof and a recently painted exterior accentuated by black accents. Through the ornate gated entry, discover a quaint landscaped courtyard maintained by a brand-new sprinkler system. As a bonus, two residences have gorgeously remodeled baths while one was extensively updated from top to bottom. All have covered rear patios for leisurely afternoons of outdoor relaxation.For your convenience, the rear and front units have separate addresses, plus there are 4 assigned parking spots in the back. Set on a tree-lined street with close proximity to Whittier College and medical facilities, not to mention the many shopping, dining, and entertainment options nearby, it's sure to attract prospective renters. Ready to explore this exciting chance to expand your real estate portfolio? Discover everything the rare gem has to offer by coming for a tour before it's gone for good!

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Based on information from California Regional Multiple Listing Service, Inc. as of 2024-04-23T14:44:47.85. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Robin McCann | EXIT Alliance Realty. Licensed in the State of California, USA.
www.socalrealtyexpert.com/homes/137261017
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7306 Newlin Avenue , #4 Whittier, CA 90602

  • Price: $1,200,000
  • Status: Active Under Contract
  • On Site: 422 Days
  • Updated: 169 min ago
  • ID#: PV23026219
0
Beds
0
Baths
0
½ Baths
0.16
Acres
1958
Built
Neighborhood:
670 - Whittier
County:
Los Angeles
Area:
670 - Whittier
Property Description
Whether you're on the hunt for a comfortable home or a quality investment in a highly desirable Whittier location, this incredible multi-family abode might just be what you're looking for! Take advantage of the opportunity to live in one and lease the others or enjoy steady rental income from full occupancy. Several updates enhance the appeal of this 4-unit complex, including a newer roof and a recently painted exterior accentuated by black accents. Through the ornate gated entry, discover a quaint landscaped courtyard maintained by a brand-new sprinkler system. As a bonus, two residences have gorgeously remodeled baths while one was extensively updated from top to bottom. All have covered rear patios for leisurely afternoons of outdoor relaxation.For your convenience, the rear and front units have separate addresses, plus there are 4 assigned parking spots in the back. Set on a tree-lined street with close proximity to Whittier College and medical facilities, not to mention the many shopping, dining, and entertainment options nearby, it's sure to attract prospective renters. Ready to explore this exciting chance to expand your real estate portfolio? Discover everything the rare gem has to offer by coming for a tour before it's gone for good!
Exterior Features

Architectural Style Bungalow Construction Materials Stucco Exterior Features Rain Gutters Fencing BlockWrought Iron Foundation Details Slab Lot Features 0-1 Unit/AcreLawnSprinkler System Number Of Separate Electric Meters 4 Open Parking Spaces 4 Parking Features AsphaltPublicPrivateOne SpaceUncovered Parking Total 4 Pool Features None Pool Private YN No Property Attached YN Yes Road Frontage Type AlleyCity Street Road Surface Type Paved Roof CompositionShingle Spa Features None Spa YN No View None View YN No

Interior Features

Appliances Vented Exhaust FanWater Heater Common Walls 1 Common Wall Cooling None Cooling YN No Fireplace Features None Fireplace YN No Flooring Tile Heating Wall Furnace Heating YN Yes Interior Features Ceiling Fan(s)All Bedrooms Up Window Features BlindsScreens

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Cable Tv Expense 0 Cap Rate 5 Common Interest None Community Features Sidewalks Contingency Buyer to cooperate with seller`s 1031 exchange at no additional cost to the buyer. Contingent on the seller finding their upleg property and closing both concurrently. Current Financing Conventional Electric Standard Electric Expense 0 Fuel Expense 0 Garage YN No Gross Income 0 Gross Scheduled Income 77340 Insurance Expense 2500 Land Lease YN No Laundry Features Washer HookupInsideIn Kitchen Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash to Existing LoanConventional1031 ExchangeSubject To Other Maintenance Expense 0 Net Operating Income 59737 New Construction YN No New Taxes Expense 11189 Number Of Separate Gas Meters 4 Number Of Separate Water Meters 1 Number Of Units Leased 4 Operating Expense 17603 Other Expense 0 Pest Control Expense 0 Pool Expense 0 Possession Close Of Escrow Property Condition Updated/Remodeled Property Sub Type Quadruplex Rent Control YN No Security Features Carbon Monoxide Detector(s)Smoke Detector(s) Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Supplies Expense 0 Tenant Pays Cable TVGas Total Actual Rent 6445 Trash Expense 1176 Utilities Electricity AvailableNatural Gas AvailableSewer ConnectedWater Connected Vacancy Allowance 0 Water Sewer Expense 2040 Water Source Public Zoning WHR4*



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-04-23T14:44:47.85. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Robin McCann | EXIT Alliance Realty. Licensed in the State of California, USA.
 
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Robin McCann | EXIT Alliance Realty
43521 Rige Park Drive, Suite 201
Temecula CA, 92590
Listing Agent(s): Lisa Oliveras of RE/MAX Estate Properties (310-378-9494) and Ramsey Oliveras of RE/MAX Estate Properties(310-378-9494)