7001 Newlin Ave, Whittier, CA 90602
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7001 Newlin Ave Whittier, CA 90602

$1,298,900
  • -- Beds
  • -- Baths
  • 3,500 Sq.Ft.
For Sale
$1,298,900 Get Pre-Qualified

Map preview of 7001 Newlin Ave, Whittier, CA 90602

Property Overview: 7001 Newlin Ave Whittier, CA has -- bedrooms, -- bathrooms, 3,500 living square feet and 7,002 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Versatile commercial building located in the heart of Uptown Whittier. This prime corner property is an excellent opportunity for businesses. The adjacent parcel (8139-026-001) is included in the sale. Situated in the bustling Uptown Whittier area, this property benefits from high foot traffic and excellent visibility. The surrounding community is a dynamic mix of retail shops, restaurants, and residential areas, ensuring a steady stream of potential customers. Whether you’re looking to open a retail shop, an art gallery, a studio, or a modern office, this property offers endless possibilities. The raw industrial aesthetic adds character and can easily be customized to fit your specific business vision. Take advantage of this unique opportunity to secure a property in a growing and desirable.

Listed by Stanley Villanueva | BRE #01340269 | Omni Group Real Estate
Co-listed by Richard Hernandez | BRE #01732845 | Omni Group Real Estate
Last checked: 9 minutes ago | Last updated: September 10th, 2024 | Source CRMLS | DOM: 12

Home details

Lot Sq. Ft
7,002
HOA Dues
$0/mo
Year built
1922
Garage
--
Property Type:
Mixed Use
Status
Active
MLS#
PW24179942
City
Whittier
County
Los Angeles
Time on Site
12 days
Property Unit Breakdown
Unit Mix Summary
  • Total # of Units: 1
  • Total # of Buildings: 1
  • # of Leased Units: 0
Property Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: --
  • Net Operating Income: --
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: --

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Property Details for 7001 Newlin Ave

Interior Features
Laundry Information
  • None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Total # of Units: 1
  • Parcel Number: 8139026002
  • Entry Level: 1
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Corner of Newlin & Philadelphia
View more facts & features

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Sale History for 7001 Newlin Ave

Last sold for $815,000 on July 31st, 2017
  • September, 2024

  • Sep 4, 2024

    Date

    Active

    CRMLS: PW24179942

    $1,298,900

    Price

  • August, 2017

  • Aug 7, 2017

    Date

    Sold

    CRMLS: GD17050659

    $815,000

    Price

  • May 27, 2017

    Date

    Active Under Contract

    CRMLS: GD17050659

    $895,000

    Price

  • Mar 13, 2017

    Date

    Active

    CRMLS: GD17050659

    $895,000

    Price

  • Listing provided courtesy of CRMLS

    This offering presents a unique opportunity to own a two unit stand-alone retail building encompassing nearly the entire block from corner to alley. This property measures approximately 3,500 square feet and is situated on two parcels totaling 13,888 square feet according to assessor records. The building is designed to provide maximum exposure and frontage from both Newlin Avenue and well as Philadelphia Street. The asset is located between two major city landmarks. The first is Uptown Whittier, which is a pedestrian friendly downtown core located four short blocks to the West of the Subject Property. The second landmark, which is currently in planning, is the Brookfield-Nelles development project; a 750 home and 208,000 square feet commercial mixed use master development. Philadelphia Street is slated to be the primary retail corridor connecting Uptown Whittier with Brookfield-Nelles. The asset further benefits from being located in the Uptown Whittier Specific Plan. The City of Whittier has designated 35 city blocks as its Historic Core to build up its retail, commercial and mixed use community. The current owners have spent considerable time and resources remodeling the interiors, upgrading to high end commercial grade windows and drawing plans for a new parking lot. City has provided comments and tentative approvals for the parking lot and the owners will pass along those plans to a qualified Buyer.

  • July, 2017

  • Jul 31, 2017

    Date

    Sold (Public Records)

    Public Records

    $815,000

    Price

  • June, 2015

  • Jun 22, 2015

    Date

    Sold (Public Records)

    Public Records

    $650,000

    Price

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Tax History for 7001 Newlin Ave

Assessed Value (2020): $613,836
Year Land Value Improved Value Assessed Value
2020 $234,090 $379,746 $613,836

Home Value Compared to the Market

This property vs the competition

7001 Newlin Ave is listed 60.56% higher than the median list price for the city of Whittier which has a median list price of $809,000. The median price per/sqft for Whittier is $546 and this home is listed at $371.11 per/sqft which puts the price per square foot 32.03% lower than the median price per square foot for the city of Whittier.

About 7001 Newlin Ave

Detailed summary of property

7001 Newlin Ave is a mixed use located in Whittier, CA 90602 and is currently for sale. This mixed use property offers -- bedrooms, -- bathrooms, roughly 3,500 living square feet, and sits on an approximately 7,002 square foot lot. 7001 Newlin Ave was first listed on ArdentRealEstateGroup.com on September 4, 2024. The homeowner is currently asking $1,298,900. The median priced home in Whittier is $809,000 with a median price per square foot of $546. Based on Ardent Real Estate Group's Whittier Market Data, this home is listed 60.56% higher than the median priced home. Local competing homes currently for sale include 206 S Saint Louis St, 8201 Central Ave and 4600 S Central Ave. While the average home in Whittier, CA is selling in 61 days, 7001 Newlin Ave has a days on market of 12 days. There are currently 246 homes for sale in the Whittier real estate market and 200 of them are single family homes while 30 of them are condos and 16 are townhomes. For more information on this home for sale at 7001 Newlin Ave Whittier, CA 90602 contact Ardent Real Estate Group and we will put you in touch with one of our Whittier agents.

Public Facts for 7001 Newlin Ave

Public county record property details
Beds
--
Baths
--
Year built
1922
Sq. Ft.
3,500
Lot Size
7,000
Stories
1
Type
Retail Stores ( Personal Services, Photography, Travel)
Pool
No
Spa
No
County
Los Angeles
Lot#
1,2
APN
8139-026-002

The source for these homes facts are from public records.

90602 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$869,999
Median List Price/Sq.Ft.
$538
Median Sold Price
$930,000
Median Sold Price/Sq.Ft.
$514
Total Inventory
32
Median Sale to List Price %
103.45%
Avg Days on Market
28
Loan Type
Conventional (50%), FHA (8.33%), VA (8.33%), Cash (8.33%), Other (25%)

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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.