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Key Details
Sold Price $4,250,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PW22019889
Sold Date 04/18/22
Bedrooms 6
HOA Y/N No
Lot Size 0.324 Acres
Property Description
7714 Newlin Ave has an ideal Whittier location, positioned in a predominately residential area of the city yet just moments away from lively Uptown Whittier. Additionally, the property is adjacent to Whittier College, a world-class private college. This well maintained 14 unit 2 story apartment building has many long term tenants. It consists of (8) two bedrooms 1 bath, (2) one bedroom 1 bath, (2) studio & (2) three bedroom 2 bath units. Units offer carpet, and vinyl flooring, gas stoves, ceiling fans. Select units have been upgraded with new kitchen cabinets, bathroom vanities, stone countertops & vinyl plank flooring. Laundry is easily accessible with 2 separate laundry rooms. Tenant parking includes 12 single car tuck-under carports, 6 garages, 2 open parking spots. Property is gated with secured entry and parking. Sale of this property subject to sellers finding replacement property for a 1031 tax exchange. PLEASE DO NOT WALK THE PROPERTY OR DISTURB RESIDENTS.
7714 Newlin Ave has an ideal Whittier location, positioned in a predominately residential area of the city yet just moments away from lively Uptown Whittier. Additionally, the property is adjacent to Whittier College, a world-class private college. This well maintained 14 unit 2 story apartment building has many long term tenants. It consists of (8) two bedrooms 1 bath, (2) one bedroom 1 bath, (2) studio & (2) three bedroom 2 bath units. Units offer carpet, and vinyl flooring, gas stoves, ceiling fans. Select units have been upgraded with new kitchen cabinets, bathroom vanities, stone countertops & vinyl plank flooring. Laundry is easily accessible with 2 separate laundry rooms. Tenant parking includes 12 single car tuck-under carports, 6 garages, 2 open parking spots. Property is gated with secured entry and parking. Sale of this property subject to sellers finding replacement property for a 1031 tax exchange. PLEASE DO NOT WALK THE PROPERTY OR DISTURB RESIDENTS.
Location
State CA
County Los Angeles
Area Whittier (90602)
Zoning Assessor
Interior
Cooling Wall/Window
Exterior
Parking Features Unit1:Assigned
Building
Lot Description Curbs, Sidewalks
Story 2
Level or Stories 2 Story
Others
Acceptable Financing Cash, Exchange
Space Rent $1,075
Listing Terms Cash, Exchange
Financing Cash
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Bought with Rick Applebaum • Morgan Skenderian