Uptown Whittier Multifamily
For Sale
$1,400,000
7751 Milton Avenue, Whittier, CA 90602
Multifamily property featuring five units in Uptown Whittier.
Property Size3,110 SF
Price / SF$450.16
Days on Market191
Property Features for 7751 Milton Avenue
General Information
Standard status
Active
Size
3,110 SF
Total Parking Spaces
9
Property subtype
Residential Income
Zoning
WHR4*
Net Operating Income
$100,631
Amenities
Two
Wall Unit(s)
Other
Room
Own
No
Building Details
Year Built
1954
Buildings
1
Stories
2
Units
5
Listing Agency:
Remax Commercial and Investment Realty
Listed By:
Shant Sherbetdjian · License #01713570
(626) 657-8150
Source:
Compass
Added: Apr 12
Changed: Oct 18
Last Checked: Oct 19 at 8:55AM
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 Remax Commercial and Investment Realty
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This multifamily property is located in Uptown Whittier and comprises five units. The building has a property size of 3110 square feet.
Key Highlights
- 5 Units offering diverse rental opportunities.
- Uptown Whittier Location, enjoy the vibrant local scene.
- Built in 1954.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$50,042
Cap Rate
3.57%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,000,840
$1.0M
Cap Rate 7%
$714,886
$714.9K
Cap Rate 9%
$556,022
$556.0K
Market Conditions
NOI Build-Up for 3,110 SF
Gross rent
$98.9K $31.80/SF
− Vacancy
−$7.9K −$2.54/SF
EGI
$91.0K $29.26/SF
− OpEx
−$40.9K −$13.17/SF
NOI
$50.0K $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%
$1,000,840
Cap Rate 7%
$714,886
Cap Rate 9%
$556,022
Alternative Uses
Best Use
Apartment 5plus
$714.9K
$625.5K – $834.0K
NOI $50,042 @ 7.0% cap · market cap 3.57%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.67M
$1.46M – $1.94M
NOI $116,556 @ 7.0% cap · market cap 8.33%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Location Intelligence
Trade Area within ½ mile
3,039
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
Check the figures for this property
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?
Apartment building - Multifamily property featuring five units in Uptown Whittier.
Where is this apartment building located?
The property is located at 7751 Milton Avenue Whittier, CA.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: 5 Units offering diverse rental opportunities.; Uptown Whittier Location, enjoy the vibrant local scene.; Built in 1954.
