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5-Unit Apartment Building
For Sale
$1,625,000

7751 Milton Ave, Whittier, CA 90602

MULTI_FAMILY - Whittier, CA

Property Size3,110 SF
Lot Size0.16 Acres
Price / SF$522.51
Days on Market110

Property Features for 7751 Milton Ave

General Information

Property type Residential Multi Family
Property subtype Other
Zoning WHR4*
Bedrooms 11
Bathrooms 6
Full bathrooms 3
Rooms Bathroom 2, Bathroom 6, Bedroom 2, Bedroom 8, Bedroom 5, Bedroom 7, Bedroom 10, Bedroom 11, Bathroom 1, Bedroom 9, Bathroom 5, Bathroom 3, Bathroom 4, Bedroom 4, Laundry Room, Bedroom 6, Bedroom 1, Bedroom 3
Parking 9
Parking features Covered, Garage
Directions Situated on Milton Avenue between Walnut Street and La Cuarta Street, the nearest major intersection is Greenleaf Avenue and Mar Vista Street.
Subdivision Whittier
Standard status Active
APN 8141-022-019
Size 3,110 SF
Lot size 0.16 Acres

Utilities

Cooling system Wall Unit(s)

Building Details

Year built 1954
Floors in Building 2
Number of units 5
Listing Agency: Remax Commercial and Investment Realty · RE/MAX International
Listed By: Shant Sherbetdjian · License #01713570
Added: Apr 13 Changed: Jul 28 Last Checked: Jul 31 at 1:06PM
MLS# 26698353

Copyright © 2026 The MLS/CLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This offering is a 5-unit apartment building with a unit mix of four 1-bedroom, 1-bath units with dens in the front structure, plus one 1-bedroom, 1-bath unit with a den in the rear structure. The rear structure also includes a detached bonus room and an additional bathroom, which may support flexible layout options (buyer to verify). The property is described as well-maintained, with multiple recent upgrades, and it includes dedicated parking and on-site laundry. Gas and electricity are separately metered, supporting independent utility management, and there is a rear unit with private access and an outdoor area.

Located in Whittier, the asset is identified as Property 2 of 6 within a newly released multifamily portfolio. Public remarks note the building is positioned just steps from shopping, dining, and entertainment along Greenleaf Avenue, in an area described as walkable.

For tenants or owner-operators seeking a small, manageable residential income asset, the combination of 1-bedroom layouts with dens, on-site laundry, and dedicated parking is designed for everyday convenience. Buyers considering additional space or income opportunities should note the remarks regarding potential ADU development (buyer to verify). The seller also states SB 721 compliance has been addressed and the property is subject only to California AB 1482, with no local rent control restrictions, subject to buyer verification.

Key Highlights

  • 5‑unit multifamily building (year built 1954) in Uptown Whittier, steps from shops, dining, and entertainment on Greenleaf Avenue
  • Unit mix: front structure has four 1BD/1BA units, each with a den; rear structure has one 1BD/1BA with a den
  • Rear structure includes a detached bonus room plus an additional bathroom, offering added flexibility (buyer to verify)

Financial Insights For Apartment 5plus

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $98.9k $31.80
− Vacancy −$7.9k −$2.54
EGI $91.0k $29.26
− OpEx −$40.9k −$13.17
NOI $50.0k $16.09
3,110 SF · lease $31.80/SF/yr · vacancy 8.00% · expense 45.00%

Alternative Uses

Best Use
Apartment 5plus
$714.9K
$625.5K – $834.0K (±1% cap)
NOI $50,042 @ 7.0% cap · market cap 3.08%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.67M
$1.46M – $1.94M (±1% cap)
NOI $116,556 @ 7.0% cap · market cap 7.17%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Daycare Center Tech Support Center Fish Market Computer & Electronic Repair Travel Agency

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

5
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,871
Businesses Nearby

Demographics for 90602, CA

25,521
Population
8,514
Households
3
Avg Household Size
36
Median Age
22%
College-Educated
85%
High-School Grad
3.8 sq mi
ZIP Area
6,716
Density / Sq Mi
$67,259
Median Household Income
$37,237
Median Earnings
$1,719
Median Rent
$729,300
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - A 5-unit multifamily property with dedicated parking, on-site laundry, and separately metered gas and electricity.
Where is this apartment building located?
The property is located at 7751 Milton Ave Whittier, CA.
What is the asking price?
The asking price for this property is $1,625,000.
What are key features of this property?
This property features: 5‑unit multifamily building (year built 1954) in Uptown Whittier, steps from shops, dining, and entertainment on Greenleaf Avenue; Unit mix: front structure has four 1BD/1BA units, each with a den; rear structure has one 1BD/1BA with a den; Rear structure includes a detached bonus room plus an additional bathroom, offering added flexibility (buyer to verify)
More about this property
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