6354 Painter Ave Whittier, CA 90601
Mixed-use property near retailers and Uptown Whittier's local gems.
Property Features for 6354 Painter Ave
General Information
- Standard status
- Active
- Size
- 8,518 SF
- Property subtype
- Mixed Use, Multifamily, Office
Building Details
- Year Built
- 1916
Listing office Principle Quality Investments (626) 594-4901
Listing date Jul 25, 2024
Source Crexi
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Investment Insights
Based on property information with market context.
Key Highlights
- Close proximity to Uptown Whittier's restaurants and entertainment.
- Convenient access to major retailers like Starbucks, Ralph's, and CVS.
- Located near banks such as Wells Fargo and Chase Bank.
Local 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 | $270.9k | $31.80 |
| − Vacancy | −$21.7k | −$2.54 |
| EGI | $249.2k | $29.26 |
| − OpEx | −$112.1k | −$13.17 |
| NOI | $137.1k | $16.09 |