NOT LISTED FOR SALE

7642 Milton Ave Whittier, CA 90602

South Whittier Neighborhood
8 Beds
6 Baths
5,374 Sq Ft
7,000 Sq Ft Lot

Last Sold January 11, 2023

Last sale price $2,200,000 $409 Per Sq Ft

12 Days on Market

Highlights

  • Park
  • Laundry Room
  • Level Lot

About This Home

As of January 2023

Beautiful , well kept and professionally managed units.. The property next door, 7646 Milton Ave is also available which would give a buyer 16 nice units..
This property contains 4- 2 bedroom and 1 bath units and 4- 1 bedroom and 1 bath units.. The property has 4 single garages.. This property is located in the uptown Whittier area which offers shopping,restaurants etc... Whittier College is nearby as well as City services...

Last Agent to Sell the Property

Patrick Kavanaugh

Real Broker License #00974952 Listed on: 12/01/2022

Real Broker

Last Buyer's Agent

Victor Reveles

The Vision Group RE Services License #01808128

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1962

Lot Details

  • 7,000 Sq Ft Lot
  • Two or More Common Walls
  • Level Lot

Parking

  • 4 Car Garage

Home Design

  • Apartment

Interior Spaces

  • 5,374 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 6 Bathrooms

Additional Features

  • Rain Gutters
  • Sewer Paid

Listing and Financial Details

  • Legal Lot and Block 16 / 4
  • Assessor Parcel Number 8141014017

Community Details

Recreation

  • Park

Building Details

  • Rent Control
  • 8 Separate Electric Meters
  • 8 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $1,700
  • Fuel Expense $365
  • Gardener Expense $2,900
  • Insurance Expense $4,500
  • Pest Control $850
  • Professional Management Expense $27,000
  • Trash Expense $2,150
  • Water Sewer Expense $1,950
  • New Taxes Expense $29,375
  • Operating Expense $70,950
  • Gross Income $97,208
  • Net Operating Income $96,258

Additional Features

  • 8 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1962

Lot Details

0

Parking

4

Listing Details

  • Professional Management Expense: 27000.00
  • Property Attached: Yes
  • Water Sewer Expenses: 1950.00
  • Zoning: WHR4*
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Gardener Expense: 2900.00
  • Parcel Number: 8141014017
  • Year Built: 1962
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 409.38

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: Yes
  • Laundry Features: Community
  • Pest Control Expense: 850.00
  • Sewer: Sewer Paid
  • Trash Expense: 2150.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Curbs, Gutters, Park, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level with Street, Lot 6500-9999
  • Lot Size Sq Ft: 7000.00
  • Lot Size Acres: 0.1607

Multi Family

  • Electric Expense: 1700.00
  • Fuel Expense: 365.00
  • Gross Income: 97208.00
  • Gross Scheduled Income: 167208.00
  • Insurance Expense: 4500.00
  • Laundry Income: 950.00
  • Lot Size Area: 7000.0000 Square Feet
  • Net Operating Income: 96258.00
  • Number Of Separate Electric Meters: 8
  • Number Of Separate Gas Meters: 8
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 8
  • Operating Expense: 70950.00
  • Rent Control: Yes
  • Total Expenses: 70950.00

Tax Info

  • New Taxes Expense: 29375.00
  • Tax Block: 4
  • Tax Census Tract: 5018.03
  • Tax Lot: 16
  • Tax Tract Number: *

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/11/2023 01/11/23 Sold $2,200,000 -6.4% $409 / Sq Ft
12/01/2022 12/01/22 For Sale $2,350,000 -- $437 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Patrick Kavanaugh

    Seller's Agent in 2023

    Patrick Kavanaugh

    Real Broker

    (562) 547-0437

    6 in this area

    61 Total Sales

    Patrick Kavanaugh
    Section Image

  • V

    Buyer's Agent in 2023

    Victor Reveles

    The Vision Group RE Services

    (562) 308-7281

    2 in this area

    17 Total Sales

    Victor Reveles
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW22249297

California Regional Multiple Listing Service (CRMLS)
California Los Angeles County Whittier 90602 South Whittier

7642 Milton Ave, Whittier, CA

Not Listed for Sale

MultiFamily

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