15-Unit Apartment
For Sale
$5,250,000
6725 Newlin Ave, Whittier, CA 90602
Four properties feature townhome-style layouts, central HVAC, and assigned garage parking.
Property Size15,821 SF
Days on Market69
Property Features for 6725 Newlin Ave
General Information
Standard status
Active
Size
15,821 SF
Property subtype
Multifamily
Additional Details
Multifamily Units
15
Amenities
central HVAC
assigned garage parking
Building Details
Building Size
15,821 SF
Buildings
4
Listing Agency:
Young Lewin Advisors
(562) 266-7629
Listed By:
Daniel Gomez · License #CalDRE #02081392
(562) 266-7629
Source:
Younglewin
Added: Jun 25
Changed: Aug 31
Last Checked: Aug 31 at 12:57PM
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 Young Lewin Advisors
Investment Insights
Based on property information with market context.
This offering combines four apartment properties totaling 15 units in Whittier, California. The buildings were constructed during the 1980s and 1990s and have remained under the original developer’s ownership since construction. Most residences are two-bedroom or larger, with townhome-style configurations and average unit sizes of 1,000+ SF.
Property features include central HVAC and assigned garage parking, with two-car garages provided for two-bedroom units and larger. The portfolio is located at 6725 Newlin Ave and carries an 87 Walk Score. The offering may suit a 1031 exchange, owner-user, or long-term hold strategy, as stated in the property information.
Property features include central HVAC and assigned garage parking, with two-car garages provided for two-bedroom units and larger. The portfolio is located at 6725 Newlin Ave and carries an 87 Walk Score. The offering may suit a 1031 exchange, owner-user, or long-term hold strategy, as stated in the property information.
Key Highlights
- Four‑property apartment portfolio with 15 total units
- Majority of units are 2BR+ with townhome‑style layouts
- Average unit size exceeds 1,000+ SF
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$254,573
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.85%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$5,091,460
$5.1M
Cap Rate 7%
$3,636,757
$3.6M
Cap Rate 9%
$2,828,589
$2.8M
Market Conditions
NOI Build-Up for 15,821 SF
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.
Gross rent
$503.1K $31.80/SF
− Vacancy
−$40.2K −$2.54/SF
EGI
$462.9K $29.26/SF
− OpEx
−$208.3K −$13.17/SF
NOI
$254.6K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$5,091,460
Cap Rate 7%
$3,636,757
Cap Rate 9%
$2,828,589
Alternative Uses
Best Use
Apartment 5plus
$3.64M
$3.18M – $4.24M
NOI $254,573 @ 7.0% cap · market cap 4.85%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$8.47M
$7.41M – $9.88M
NOI $592,935 @ 7.0% cap · market cap 11.29%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
15
Residential units
Location Intelligence
Trade Area within ½ mile
2,506
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Four properties feature townhome-style layouts, central HVAC, and assigned garage parking.
Where is this apartment building located?
The property is located at 6725 Newlin Ave Whittier, CA.
What is the asking price?
The asking price for this property is $5,250,000.
What are key features of this property?
This property features: Four‑property apartment portfolio with 15 total units; Majority of units are 2BR+ with townhome‑style layouts; Average unit size exceeds 1,000+ SF
