$4,250,000
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0.32 Acres Lot
SOLD DATE : 04/18/2022
Key Details
Sold Price $4,250,000
Property Type Commercial Multi-Residential (5 units)
Listing Status Sold
Purchase Type For Sale
MLS Listing ID CRPW22019889
Year Built 1974
Lot Size 0.324 Acres
Property Description
7714 Newlin Ave has an ideal Whittier location, positioned in a predominately residential area of the city yet just moments away from lively Uptown Whittier. Additionally, the property is adjacent to Whittier College, a world-class private college. This well maintained 14 unit 2 story apartment building has many long term tenants. It consists of (8) two bedrooms 1 bath, (2) one bedroom 1 bath, (2) studio & (2) three bedroom 2 bath units. Units offer carpet, and vinyl flooring, gas stoves, ceiling fans. Select units have been upgraded with new kitchen cabinets, bathroom vanities, stone countertops & vinyl plank flooring. Laundry is easily accessible with 2 separate laundry rooms. Tenant parking includes 12 single car tuck-under carports, 6 garages, 2 open parking spots. Property is gated with secured entry and parking. Sale of this property subject to sellers finding replacement property for a 1031 tax exchange. PLEASE DO NOT WALK THE PROPERTY OR DISTURB RESIDENTS.
Location
State CA
County Los Angeles
Area 670 - Whittier
Rooms
Kitchen Garbage Disposal, Oven - Gas, Oven Range - Gas, Microwave
Interior
Heating Wall Furnace
Cooling Window / Wall Unit
Flooring Laminate
Laundry Laundry Area, Community Facility
Exterior
Parking Features Assigned Spaces, Storage - RV, Carport , Detached Garage
Garage Spaces 18.0
Pool None
Building
Water District - Public
Others
Special Listing Condition Not Applicable
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Bought with Rick Applebaum
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