10-Unit Apartment
For Sale
$2,750,000
Pending
9025 Mills Avenue, Whittier, CA 90603
Well-maintained multifamily property with a varied one- and two-bedroom unit mix in Whittier.
Property SizeContact for details
Days on Market467
Property Features for 9025 Mills Avenue
General Information
Standard status
Pending
Property subtype
Commercial/Industrial
Financials
Cap Rate
5.3%
Gross Rent Multiplier
12.19
Units
Unit Mix
4 x 2BR, 6 x 1BR
Multifamily Units
10
Amenities
balconies or patios
Building Details
Year Built
1960
Listing Agency:
CLEAR PATH REALTY
(951) 906-3859
Listed By:
DANIEL REILLY · License #01981055
(951) 906-3859
Source:
Exitrealty
Added: May 21, 2025
Changed: Aug 29
Last Checked: Aug 29 at 11:52PM
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 CLEAR PATH REALTY
Investment Insights
Based on property information with market context.
Built in 1960, this 10-unit apartment property includes four two-bedroom residences and six one-bedroom residences. Long-term ownership has maintained the complex, and every unit features dual-pane windows; select residences also offer balconies or patios. Current operations reflect a 5.30% CAP and 12.19 GRM, with projected stabilization at a 6.34% CAP and 10.73 GRM following interior updates. Market rents are reported to support approximately 13% rental upside.
The property is located at 9025 Mills Avenue in Whittier, just south of Whittier Boulevard. Cafes, grocery stores, and daily retail are within walking distance, while The Quad at Whittier and Whittwood Town Center are each just over one mile away. Whittier Hospital Medical Center is 0.5 miles from the property and employs approximately 3,700 people. The complex is not subject to local rent control and falls under statewide AB 1482 guidelines for CPI-based increases.
The property is located at 9025 Mills Avenue in Whittier, just south of Whittier Boulevard. Cafes, grocery stores, and daily retail are within walking distance, while The Quad at Whittier and Whittwood Town Center are each just over one mile away. Whittier Hospital Medical Center is 0.5 miles from the property and employs approximately 3,700 people. The complex is not subject to local rent control and falls under statewide AB 1482 guidelines for CPI-based increases.
Key Highlights
- 10‑unit complex with 4 two‑bedroom and 6 one‑bedroom units
- Built in 1960 with long‑term ownership and consistent maintenance
- All units include dual‑pane windows; select units have balconies or patios
Property Analytics
Current Use
Lease Details
10
Residential units
Location Intelligence
Trade Area within ½ mile
1,166
Businesses Nearby
Explore this area
Business Placement
Demographics for 90603, CA
21,174
Population
6,659
Households
3.2
Avg Household Size
41
Median Age
33%
College-Educated
94%
High-School Grad
3.2 sq mi
ZIP Area
6,617
Density / Sq Mi
$121,222
Median Household Income
$54,954
Median Earnings
$2,324
Median Rent
$781,000
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 - Well-maintained multifamily property with a varied one- and two-bedroom unit mix in Whittier.
Where is this apartment building located?
The property is located at 9025 Mills Avenue Whittier, CA.
What is the asking price?
The asking price for this property is $2,750,000.
What are key features of this property?
This property features: 10‑unit complex with 4 two‑bedroom and 6 one‑bedroom units; Built in 1960 with long‑term ownership and consistent maintenance; All units include dual‑pane windows; select units have balconies or patios
