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6252 Milton Ave, Whittier, CA 90601
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6252 Milton Ave Whittier, CA 90601

$1,350,000 Sold Price as of 05/12/2022
  • 6 Beds
  • 5 Baths
  • 3,167 Sq.Ft.
Sold
$1,350,000 Sold Price as of 05/12/2022 Refinance Your Mortgage
Map preview of 6252 Milton Ave, Whittier, CA 90601

Property Overview: 6252 Milton Ave Whittier, CA has 6 bedrooms, 5 bathrooms, 3,167 living square feet and 7,000 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: We are pleased to offer for sale this pride of ownership asset located in "Uptown" Whittier. The subject property consists of 5 rental units, 1(2bed/1Bath) & 4(1Bed/1Bath) units. The property has undergone a number of capital improvements over the last 5 years which include; New Copper Plumbing, New Electrical Service, New Roof, and New Dual Pane Windows. Tenants enjoy an onsite laundry facility as well as open space parking. The current rental rates are quite modest for the area offering a new investor an upside potential of 25%+/- in potential gross rental income. "Uptown" Whittier is home to restaurants, nightlife, and major public services, all of which are walking distance to the subject property.

Listed by KRISTOPHER GERMAN | BRE #01800021 | RE/MAX 2000 REALTY
Last checked: 6 seconds ago | Last updated: May 13th, 2022 | Source CRMLS | DOM: 9

Home details

Lot Sq. Ft
7,000
HOA Dues
$0/mo
Year built
1960
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
CV22083935
City
Whittier
County
Los Angeles
Time on Site
878 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 5
  • Total # of Buildings: 1
  • # of Leased Units: 5
  • # of Electric Meters: 5
  • # of Gas Meters: 5
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,675
  • Total Rent: $1,675
  • Pro Forma/Market Rent: $1,850
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,425
  • Total Rent: $1,425
  • Pro Forma/Market Rent: $1,695
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,285
  • Total Rent: $1,285
  • Pro Forma/Market Rent: $1,695
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,285
  • Total Rent: $1,285
  • Pro Forma/Market Rent: $1,695
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,186
  • Total Rent: $1,186
  • Pro Forma/Market Rent: $1,695
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $82,872
  • Net Operating Income: $54,825
  • Gross Operating Income: $80,386
  • Vacancy Allowance: $2,486
  • Laundry Income: $600
Annual Expense Breakdown
  • Total Operating Expense: $25,560
  • Electric: $385
  • Gas/Fuel: $234
  • New Taxes: $14,567
  • Trash: $1,633
  • Insurance: $1,267
  • Maintenance: $3,750
  • Professional Management: $0
  • Water/Sewer: $2,975
  • Other Expenses: $750
  • Other Expense Description: Reserves

Property Details for 6252 Milton Ave

Interior Features
Laundry Information
  • Has Laundry
  • Community, Inside
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 5
Lot Information
  • Lot Features: 2-5 Units/Acre, Lot 6500-9999
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 5
  • Parcel Number: 8135010015
  • Year Built Source: Assessor
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: East of I-605, South of CA-60; Near Intersection of Camilla St & Milton Ave
Neighborhood Information
  • Community Features: Curbs, Gutters, Sidewalks
View more facts & features

Local Whittier Agent

Sale History for 6252 Milton Ave

Last sold for $1,350,000 on May 12th, 2022

  • April, 2022

  • Apr 25, 2022

    Date

    Active

    CRMLS: CV22083935

    $1,300,000

    Price

  • October, 2008

  • Oct 22, 2008

    Date

    Sold (Public Records)

    Public Records

    $650,000

    Price

  • June, 2008

  • Jun 3, 2008

    Date

    Sold (Public Records)

    Public Records

    $568,952

    Price

Show More

Tax History for 6252 Milton Ave

Assessed Value (2020): $765,599
Year Land Value Improved Value Assessed Value
2020 $470,995 $294,604 $765,599

Home Value Compared to the Market

This property vs the competition

6252 Milton Ave sold on May 12, 2022 for 53.85% higher than the current median sold price for the city of Whittier which is $845,000. The median sold price per/sqft for Whittier is $588 and this home is sold at $410.48 per/sqft which puts the price per square foot 30.19% lower than the current median sale per square foot for the city of Whittier.

About 6252 Milton Ave

Detailed summary of property

6252 Milton Ave is a multi family that recently sold in Whittier, CA 90601. This multi family property offered 6 bedrooms, 5 bathrooms, roughly 3,167 living square feet, and sits on an approximately 7,000 square foot lot. 6252 Milton Ave was first listed on ArdentRealEstateGroup.com on April 25, 2022. The homeowner sold the property for $1,350,000. Home in Whittier are selling for a median price of $845,000 and a median price per square foot of $588. Based on Ardent Real Estate Group's Whittier Market Data, this home is sold 53.85% higher than the current median priced home. Local homes that are currently for sale include 4421 Floral Drive, 5919 Woodruff Ave and 945 record Ave. While the average home in Whittier, CA is selling in 60 days, 6252 Milton Ave has a days on market of 9 days. There are currently 244 homes for sale in the Whittier real estate market and 199 of them are single family homes while 28 of them are condos and 17 are townhomes. For more information on this home for sale at 6252 Milton Ave Whittier, CA 90601 contact Ardent Real Estate Group and we will put you in touch with one of our Whittier agents.

Public Facts for 6252 Milton Ave

Public county record property details
Beds
6
Baths
5
Year built
1960
Sq. Ft.
3,167
Lot Size
7,000
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
20
APN
8135-010-015

The source for these homes facts are from public records.

90601 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$825,000
Median List Price/Sq.Ft.
$529
Median Sold Price
$775,000
Median Sold Price/Sq.Ft.
$503
Total Inventory
57
Median Sale to List Price %
96.89%
Avg Days on Market
28
Loan Type
Conventional (64.29%), FHA (14.29%), VA (7.14%), Cash (14.29%), Other (0%)

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6043 Milton Ave
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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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