6327 Newlin Ave, Whittier, CA 90601
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6327 Newlin Ave Whittier, CA 90601

$1,280,000 Sold Price as of 09/08/2020
  • 9 Beds
  • 8 Baths
  • 3,714 Sq.Ft.
Sold
$1,280,000 Sold Price as of 09/08/2020 Refinance Your Mortgage

Map preview of 6327 Newlin Ave, Whittier, CA 90601

Property Overview: 6327 Newlin Ave Whittier, CA has 9 bedrooms, 8 bathrooms, 3,714 living square feet and 6,722 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: This 4 unit apartment community is composed of 3 large two bedroom / two bathroom units, of approximately 900 Sq. Ft. each and 1 large three bedroom / 2 bathroom unit approximately 1,015 Sq. Ft. The property was built in 1987 and features central heating and air conditioning in all units, garages, tuck-under parking and an onsite laundry facility. Located walking distance from Uptown Whittier. The charming historic "Heart of Whittier" features specialty shops, a variety of indoor and outdoor dining opportunities and a considerable entertainment component with a historic restored multi screen movie theater complex and several live music venues. Also, located near Whittier College. This private liberal arts institution has an academic faculty of 113 and an enrollment of over 1,700+ students a year. Contact our office for questions and/or offering memorandum.

Listed by ALBERT LE | BRE #01468313 | LE INVESTMENT GROUP
Last checked: 10 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 64

Home details

Lot Sq. Ft
6,722
HOA Dues
$0/mo
Year built
1987
Garage
4 Car
Property Type:
Multi Family
Status
Sold
MLS#
IV20101133
City
Whittier
County
Los Angeles
Time on Site
1521 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 2
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 0
Unit Breakdown 1
  • # of Units: 3
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 3
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $4,775
  • Total Rent: $4,775
  • Pro Forma/Market Rent: $5,110
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,850
  • Total Rent: $1,850
  • Pro Forma/Market Rent: $1,980
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 4.25%
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $85,080
  • Net Operating Income: $55,887
  • Gross Operating Income: $82,528
  • Vacancy Allowance: $2,552
  • Laundry Income: $1,500
Annual Expense Breakdown
  • Total Operating Expense: $28,141
  • Electric: $2,000
  • Gas/Fuel: $600
  • New Taxes: $14,860
  • Trash: $900
  • Insurance: $2,000
  • Maintenance: $3,913
  • Water/Sewer: $2,188
  • Other Expenses: $1,680
  • Other Expense Description: contract

Property Details for 6327 Newlin Ave

Interior Features
Cooling Information
  • Has Cooling
  • Central Air, Whole House Fan
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Common Area
Interior Features
  • Levels: One
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 4
Lot Information
  • Lot Features: 2-5 Units/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 1 Common Wall
  • Total # of Units: 4
  • Parcel Number: 8135001008
  • Year Built Source: Public Records
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Conveniently off the 605 freeway exit Beverly Blvd
Neighborhood Information
  • Community Features: Biking, Dog Park, Hiking, Park, Sidewalks, Street Lights, Suburban
View more facts & features

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Sale History for 6327 Newlin Ave

Last sold for $1,280,000 on September 8th, 2020
  • September, 2020

  • Sep 9, 2020

    Date

    Sold

    CRMLS: IV20101133

    $1,280,000

    Price

  • Jul 30, 2020

    Date

    Pending

    CRMLS: IV20101133

    $1,315,000

    Price

  • May 27, 2020

    Date

    Active

    CRMLS: IV20101133

    $1,315,000

    Price

  • September, 2020

  • Sep 8, 2020

    Date

    Sold (Public Records)

    Public Records

    $1,280,000

    Price

Show More

Tax History for 6327 Newlin Ave

Assessed Value (2020): $686,341
Year Land Value Improved Value Assessed Value
2020 $428,971 $257,370 $686,341

Home Value Compared to the Market

This property vs the competition

6327 Newlin Ave sold on September 8, 2020 for 55.62% 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 $354.07 per/sqft which puts the price per square foot 39.78% lower than the current median sale per square foot for the city of Whittier.

About 6327 Newlin Ave

Detailed summary of property

6327 Newlin Ave is a multi family that recently sold in Whittier, CA 90601. This multi family property offered 9 bedrooms, 8 bathrooms, roughly 3,714 living square feet, and sits on an approximately 6,722 square foot lot. 6327 Newlin Ave was first listed on ArdentRealEstateGroup.com on July 21, 2020. The homeowner sold the property for $1,280,000. 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 55.62% 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, 6327 Newlin Ave has a days on market of 64 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 6327 Newlin 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 6327 Newlin Ave

Public county record property details
Beds
8
Baths
8
Year built
1987
Sq. Ft.
3,714
Lot Size
6,721
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
6
APN
8135-001-008

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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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.