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$1,995,000
Est. $11,261/mo

7328 Milton Avenue, Whittier, CA 90602

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Renovated Urban Multi-Family Home
-- Bed-- Bath-- Sqft
Listed by Triqor Group

This Investment Property, located in the prime and urban uptown city of Whittier. This gated property offers an investor the opportunity to acquire a stabilized asset with extensive upgrades and seismic retrofit completed. The apartment offers a unit mix of 1 bedroom units, a 2-bedroom unit, and a 3-bedroom unit. The majority of the units have been renovated along with a RUBS program implemented. With the recent AB 1482 bill(rent control) passing, this investment property gives an owner the opportunity to save money on rehabilitation and enjoy in place market rents and collection of income from RUBS while still leaving room for the annual allotted rental increase. This investment property is deliverable at a 5% CAP rate with great cash on cash return.

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Home Details
  • Days on Homes.com: 44
  • Beds: --
  • Baths: --
  • Property type: Multi Family
  • Exterior finish: --
  • Year built: 1965
  • Lot size: 0.16
  • Fireplace: no
  • Neighborhood: Whittier
  • Laundry: Community
  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Water Source: Public
  • Year Built Source: Public Records
  • Land Size Source: Assessor
  • Lot Features: 6 10 Units/acre
  • Pool Features: None
  • Heating: Radiant
  • Sewer: Public Sewer
  • Community Features: Sidewalks
  • Zoning: Whr4*
  • Special Conditions: Standard
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7328 Milton Avenue

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MLS NumberPW19253757
Listed10/30/2019
Listing SourceCalifornia Regional MLS
Last Updated12/09/2019 06:15:19 GMT-0500 (Eastern Standard Time)
Offered ByTriqor Group
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Listing provided by
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Triqor GroupListing Agent(949) 756-3232
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