Fourplex with Private
New
For Sale
$1,750,000
6247 Newlin, Whittier, CA 90601
A four-unit property pairs gated entry with individual garage parking and on-site laundry.
Property Size4,987 SF
Days on Market3
Property Features for 6247 Newlin
General Information
Standard status
Active
Size
4,987 SF
Total Parking Spaces
8
Property subtype
Quadruplex
Units
Unit Mix
3 x 3BR/2BA, 1 x 2BR/2BA
Multifamily Units
4
Parking per Unit
2
Additional Details
Tenant in Place
Yes
Amenities
gated access
on-site laundry
gas fireplace
Building Details
Building Size
4,987 SF
Year Built
1990
Buildings
2
Listing Agency:
eXp Realty of California Inc
Listed By:
Erin Vargas · License #01751500
(562) 777-5549
Source:
Archetyperealty
Added: Nov 3
Changed: Nov 4
Last Checked: Nov 4 at 2:23PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of eXp Realty of California Inc
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Investment Insights
Based on property information with market context.
Built in 1990, this multifamily property contains four units arranged across two buildings. The primary building has three three-bedroom, two-bath units; a separate rear building holds a two-bedroom, two-bath unit. Each residence has its own two-car garage, and gated access is provided at both the front and rear. A gas fireplace is located in the front unit, and laundry facilities on site generate additional revenue.
The largest unit is to be delivered vacant. The other three units have long-term tenants. The property is on Newlin in Whittier, near Broadway and Uptown Whittier shops, restaurants, and cafes.
The largest unit is to be delivered vacant. The other three units have long-term tenants. The property is on Newlin in Whittier, near Broadway and Uptown Whittier shops, restaurants, and cafes.
Key Highlights
- Four units across two buildings: three 3‑bedroom, 2‑bath units and one 2‑bedroom, 2‑bath unit
- Each residence has its own 2‑car garage
- Gated access at the front and rear of the property
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$80,245
Cap Rate
4.59%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,604,900
$1.6M
Cap Rate 7%
$1,146,357
$1.1M
Cap Rate 9%
$891,611
$891.6K
Market Conditions
NOI Build-Up for 4,987 SF
Gross rent
$158.6K $31.80/SF
− Vacancy
−$12.7K −$2.54/SF
EGI
$145.9K $29.26/SF
− OpEx
−$65.7K −$13.17/SF
NOI
$80.2K $16.09/SF
Area
Los Angeles County, CA
Vacancy
8.00%
Lease Rate
$31.80 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,604,900
Cap Rate 7%
$1,146,357
Cap Rate 9%
$891,611
Alternative Uses
Best Use
Apartment 5plus
$1.15M
$1.00M – $1.34M
NOI $80,245 @ 7.0% cap · market cap 4.59%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.67M
$2.34M – $3.12M
NOI $186,901 @ 7.0% cap · market cap 10.68%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
1,930
Businesses Nearby
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Business Placement
Demographics for 90601, CA
32,625
Population
11,161
Households
2.9
Avg Household Size
40
Median Age
31%
College-Educated
88%
High-School Grad
10.6 sq mi
ZIP Area
3,078
Density / Sq Mi
$102,267
Median Household Income
$53,031
Median Earnings
$1,862
Median Rent
$729,000
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Multifamily property - A four-unit property pairs gated entry with individual garage parking and on-site laundry.
Where is this multifamily property located?
The property is located at 6247 Newlin Whittier, CA.
What is the asking price?
The asking price for this property is $1,750,000.
What are key features of this property?
This property features: Four units across two buildings: three 3‑bedroom, 2‑bath units and one 2‑bedroom, 2‑bath unit; Each residence has its own 2‑car garage; Gated access at the front and rear of the property
