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6503 Newlin Ave, Whittier, CA 90601
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6503 Newlin Ave Whittier, CA 90601

$2,785,000 Sold Price as of 07/27/2022
  • 69 Beds
  • 31 Baths
  • 7,848 Sq.Ft.
Sold
$2,785,000 Sold Price as of 07/27/2022 Refinance Your Mortgage
Map preview of 6503 Newlin Ave, Whittier, CA 90601

Property Overview: 6503 Newlin Ave Whittier, CA has 69 bedrooms, 31 bathrooms, 7,848 living square feet and 13,919 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Prime opportunity to purchase a side by side triplex and quadruplex in Uptown Whittier. Owned by the same family for over 35 years, pride of ownership is evident inside and out. All units are occupied, and tenants have kept current on rents through the entirety of the pandemic. Each unit is separately metered for gas and electricity and features central heat and air and separate, dedicated garages with 2 spaces per unit. Some units have been upgraded recently, but there is potential upside in rents and capital improvements. Excellent location mere blocks from Greenleaf Promenade and other destinations in Uptown Whittier, and a short drive from PIH Health Hospital and Whittier College.

Listed by Geoffrey Borys | BRE #01928098 | Compass
Last checked: 6 minutes ago | Last updated: July 28th, 2022 | Source CRMLS | DOM: 15

Home details

Lot Sq. Ft
13,919
HOA Dues
$0/mo
Year built
1985
Garage
14 Car
Property Type:
Multi Family
Status
Sold
MLS#
22168675
City
Whittier
County
Los Angeles
Time on Site
826 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 7
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,740
  • Total Rent: $1,740
  • Pro Forma/Market Rent: $2,100
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 3
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,740
  • Total Rent: $1,740
  • Pro Forma/Market Rent: $2,100
Unit Breakdown 3
  • # of Units: 4
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,150
  • Total Rent: $1,150
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 4
  • # of Units: 5
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,000
  • Total Rent: $2,000
  • Pro Forma/Market Rent: $2,100
Unit Breakdown 5
  • # of Units: 6
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,505
  • Total Rent: $1,505
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 6
  • # of Units: 7
  • # of Beds: 3
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,250
  • Total Rent: $2,250
  • Pro Forma/Market Rent: $2,300
Unit Breakdown 7
  • # of Units: 3
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $1,795
  • Total Rent: $1,795
  • Pro Forma/Market Rent: $2,200
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 16.3
  • Gross Scheduled Income: --
  • Net Operating Income: $93,788
  • Gross Operating Income: $147,060
  • Laundry Income: $900
Annual Expense Breakdown
  • Total Operating Expense: --
  • Electric: $972
  • New Taxes: $15,607
  • Trash: $6,780
  • Gardener: $2,400
  • Maintenance: $24,890

Property Details for 6503 Newlin Ave

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Community, Individual Room
Room Information
  • Flooring: Carpet, Laminate, Tile
Kitchen Information
  • Has Appliances
  • Range
Exterior Features
Exterior Information
  • Roof: Composition, Shingle
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 14
  • # of Parking Spaces: 14
  • Has Parking
  • Parking Features: Garage - Two Door, Garage
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Total # of Units: 7
  • Parcel Number: 8139008028
  • Architectural Style: Traditional
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Sewer Paid
Location / Neighborhood
Location Information
  • Directions: Southwest corner of Newlin and Hadley, between Pickering and Greenleaf
View more facts & features

Local Whittier Agent

Sale History for 6503 Newlin Ave

Last sold for $2,785,000 on July 27th, 2022

  • July, 2022

  • Jul 27, 2022

    Date

    Sold

    CRMLS: 22168675

    $2,785,000

    Price

  • Jun 16, 2022

    Date

    Active

    CRMLS: 22168675

    $2,895,000

    Price

  • January, 2007

  • Jan 31, 2007

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 6503 Newlin Ave

Assessed Value (2020): $535,540
Year Land Value Improved Value Assessed Value
2020 $142,800 $392,740 $535,540

Home Value Compared to the Market

This property vs the competition

6503 Newlin Ave sold on July 27, 2022 for 242.6% 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 $368.88 per/sqft which puts the price per square foot 37.26% lower than the current median sale per square foot for the city of Whittier.

About 6503 Newlin Ave

Detailed summary of property

6503 Newlin Ave is a multi family that recently sold in Whittier, CA 90601. This multi family property offered 69 bedrooms, 31 bathrooms, roughly 7,848 living square feet, and sits on an approximately 13,919 square foot lot. 6503 Newlin Ave was first listed on ArdentRealEstateGroup.com on June 16, 2022. The homeowner sold the property for $2,785,000. 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 242.6% higher than the current median priced home. Local homes that are currently for sale include 142 S El Molino Ave, 1943 Hancock St and 3850 Glenalbyn Dr. While the average home in Whittier, CA is selling in 60 days, 6503 Newlin Ave has a days on market of 15 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 6503 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 6503 Newlin Ave

Public county record property details
Beds
9
Baths
6
Year built
1985
Sq. Ft.
3,700
Lot Size
6,894
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
1
APN
8139-008-028

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%)

Thinking of Selling?

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Recently Sold Homes Near 6503 Newlin Ave

12715 Hadley St, Whittier, CA 90601
$1,475,000 Last Sold Price
20 Beds
14 Baths
10415 Sq.Ft.
12715 Hadley St
Whittier, CA 90601
6518 Pickering Ave, Whittier, CA 90601
$905,000 Last Sold Price
4 Beds
2 Baths
1636 Sq.Ft.
6518 Pickering Ave
Whittier, CA 90601
6330 Newlin Ave, Whittier, CA 90601
$3,460,000 Last Sold Price
25 Beds
25 Baths
13316 Sq.Ft.
6330 Newlin Ave
Whittier, CA 90601
6348 Pickering Ave, Whittier, CA 90601
$735,000 Last Sold Price
6 Beds
3 Baths
2040 Sq.Ft.
6348 Pickering Ave
Whittier, CA 90601

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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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