7624 Milton AVE Whittier, CA 90602
5,374 SqFt
UPDATED:
10/16/2024 12:47 PM
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Pending
Purchase Type For Sale
Square Footage 5,374 sqft
Price per Sqft $325
MLS Listing ID PW24171822
HOA Y/N No
Year Built 1963
Lot Size 7,000 Sqft
Acres 0.1607
Property Description
Whittier’s continued strong rental metrics, including a 2023 vacancy rate of just 2.9 percent and year-over-year rent growth of 9.7 percent, provide a new owner with the opportunity to take advantage of the substantial demand for rental units in the area. With current rents below market rates, the property represents an attractive value-add opportunity for a new owner.
7624 Milton Ave is ideally located in a vibrant and desirable area. One of its key strengths is its close proximity to Uptown Whittier, a lively district known for its historic charm, eclectic mix of shops, restaurants, and entertainment venues. This prime location provides residents and businesses with easy access to the cultural and social hub of Uptown Whittier, enhancing the appeal of the area. Additionally, the location offers excellent connectivity to major freeways and public transportation, making commutes and travel convenient.
This is an absolutely incredible opportunity to acquire a highly desirable multi-family asset in one of the most accessible locations in the city and would be a great addition to any investor’s portfolio.
Location
State CA
County Los Angeles
Area 670 - Whittier
Zoning WHR4*
Rooms
Ensuite Laundry Common Area
Interior
Laundry Location Common Area
Fireplace No
Laundry Common Area
Exterior
Garage Carport, Garage
Garage Spaces 7.0
Carport Spaces 1
Garage Description 7.0
Pool None
Community Features Curbs, Street Lights, Suburban, Sidewalks
Parking Type Carport, Garage
Total Parking Spaces 8
Private Pool No
Building
Story 2
Entry Level Two
Sewer Unknown
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 8141014021
Energy Description 1900.0
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Special Listing Condition Standard
