6330 Newlin Avenue

    Whittier, CA 90601
    • $3,400,000
    • STATUS: Active Under Contract
    • ON SITE: 89 days
    • ID#: PW19141253
    Under Contract
    $3,400,000
    • 0
      BEDS
    • 0.34
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 13,316
      SQFT
    • $255
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1963
    County:

    School Ratings & Info

    Description

    NO RENT CONTROL on this Well located courtyard apartment building walking distance to Historic Uptown Whittier+GGs dining & shopping districts, Whittier Greenway walking Trail & Whittier Nature Preserve & Hiking Trails, PLUS Uptown YMCA, Award-winning Whittier Hgh School. 14 Units, each with their own carport, are updated during a vacancy for a clean well-maintained property. TWO Laundry rooms are owner operated with storage cabinets for residents. The quiet, landscaped courtyard creates a community environment while providing visual privacy. FIRST time on the market in 40 years, this IS the opportunity of a lifetime. Rents are competitively under market for steady occupancy; room for upside increase. NO ON-SITE MANAGER REQUIRED for this size building!

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-09-17T00:36:38.033. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Allison James Estates and Homes. Licensed in the State of California, USA.
    www.teamforss.com/homes/96077127

    6330 Newlin Avenue Whittier, CA 90601

    • Price: $3,400,000
    • Status: Active Under Contract
    • ID#: PW19141253
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.34
    Acres
    13,316
    SQFT
    $255
    $/SQFT
    1963
    Built
    Neighborhood:
    670 - Whittier
    County:
    Los Angeles
    Area:
    670 - Whittier
    Property Description
    NO RENT CONTROL on this Well located courtyard apartment building walking distance to Historic Uptown Whittier+GGs dining & shopping districts, Whittier Greenway walking Trail & Whittier Nature Preserve & Hiking Trails, PLUS Uptown YMCA, Award-winning Whittier Hgh School. 14 Units, each with their own carport, are updated during a vacancy for a clean well-maintained property. TWO Laundry rooms are owner operated with storage cabinets for residents. The quiet, landscaped courtyard creates a community environment while providing visual privacy. FIRST time on the market in 40 years, this IS the opportunity of a lifetime. Rents are competitively under market for steady occupancy; room for upside increase. NO ON-SITE MANAGER REQUIRED for this size building!
    Exterior Features

    Architectural Style Mid Century Modern Carport Spaces 15.00 Construction Materials StuccoWood Siding Foundation Details Slab Garage Spaces 0.00 Lot Features 11-15 Units/AcreLevelNear Public Transit Lot Size Source Assessor Lot Size Units Square Feet Parking Features AssignedCarport Parking Total 15.00 Parking YN Yes Pool Features None Pool Private YN No Property Attached YN Yes Road Frontage Type AlleyCity Street Road Surface Type Alley Paved Roof Tar/Gravel Spa Features None Spa YN No

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls 2+ Common Walls Cooling Wall/Window Unit(S) Cooling YN Yes Heating Wall Furnace Heating YN Yes Laundry Features Common Area Levels Two

    Property Features

    Additional Parcels YN No Association Fee 0.00 Association YN No Building Area Units Square Feet Community Features HikingSuburban Country Us Electric Expense 1000.00 Elevation Units Feet Exclusions Tenant Personal Property - Not Listed in Mimo Fuel Expense 2200.00 Garage Income 0.00 Garage Rental Rate 0.00 Gross Income 0.00 Gross Scheduled Income 230600.00 Inclusions Property As Listed in Mimo's Delivered On inspectionafter Offer Acceptance. Insurance Expense 5827.00 Land Lease YN No Laundry YN Yes Net Operating Income 149000.00 New Construction YN No New Taxes Expense 34000.00 Number Of Separate Electric Meters 15 Number Of Separate Gas Meters 15 Number Of Separate Water Meters 1 Number Of Units Leased 0 Number With Range 14 Operating Expense 81000.00 Professional Management Expense 11000.00 Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays Cable TvElectricity Total Actual Rent 20625.00 Total Expenses 81000.00 Trash Expense 3700.00 Utilities Electricity ConnectedSewer ConnectedWater Connected Water Sewer Expense 4500.00 Water Source Public Year Built Source Assessor Zoning Whr4*

    Listing provided courtesy of Melanie Bickley of Whittier Brokers


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-09-17T00:36:38.033. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Allison James Estates and Homes. Licensed in the State of California, USA.
     
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