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7646 Milton Ave Whittier, CA 90602

$2,250,000 Sold Price as of 01/13/2023

12 Beds
8 Baths
5,504 Sq.Ft.

Sold

$2,250,000 Sold Price as of 01/13/2023 Refinance Your Mortgage

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Map preview of 7646 Milton Ave, Whittier, CA 90602

Property Overview: 7646 Milton Ave Whittier, CA has 12 bedrooms, 8 bathrooms, 5,504 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: Beautiful , well kept and professionally managed units. The property next door, 7642 Milton Ave is also for sale which would give a buyer 16 nice units...This property contains 4- 2 bedroom and 1 baths and 4- 1 bedroom and 1 baths..The property has 4 single car garages.. This property is located in the Uptown Whittier area which offers shopping, restaurants etc,, Whittier College is also nearby as well as City services..

Listed by Patrick Kavanaugh | BRE #00974952 | IMPACT Properties, Inc

Last checked: 8 minutes ago | Last updated: January 14th, 2023 | Source CRMLS | DOM: 12

Home details

Lot Sq. Ft: 7,000
HOA Dues: $0/mo
Year built: 1962
Garage: 4 Car
Property Type:: Apartment

Status: Sold
MLS#: PW22249346
City: Whittier
County: Los Angeles
Time on Site: 552 days

Multi-Family Unit Breakdown

Unit Mix Summary

Total # of Units: 8
Total # of Buildings: 1
# of Leased Units: 5
# of Electric Meters: 8
# of Gas Meters: 8
# 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: $1,300
Total Rent: $1,300
Pro Forma/Market Rent: $2,000

Unit Breakdown 2

# of Units: 2
# of Beds: 1
# of Baths: 1
Garage Spaces: 1
Garaged Attached? No
Furnishing: Unfurnished
Actual Rent: $1,555
Total Rent: $3,110
Pro Forma/Market Rent: $1,700

Unit Breakdown 3

# of Units: 1
# of Beds: 2
# of Baths: 1
Garage Spaces: 0
Garaged Attached? No
Furnishing: Unfurnished
Actual Rent: $1,578
Total Rent: $1,578
Pro Forma/Market Rent: $2,000

Unit Breakdown 4

# of Units: 2
# of Beds: 1
# of Baths: 1
Garage Spaces: 0
Garaged Attached? No
Furnishing: Unfurnished
Actual Rent: $1,695
Total Rent: $0
Pro Forma/Market Rent: $1,700

Unit Breakdown 5

# of Units: 1
# of Beds: 2
# of Baths: 1
Garage Spaces: 1
Garaged Attached? No
Furnishing: Unfurnished
Total Rent: $0
Pro Forma/Market Rent: $1,950

Unit Breakdown 6

# of Units: 1
# of Beds: 2
# of Baths: 1
Garage Spaces: 1
Garaged Attached? No
Furnishing: Unfurnished
Actual Rent: $1,721
Total Rent: $1,721
Pro Forma/Market Rent: $1,950

Multi-Family Income/Expense Information

Property Income and Analysis

Gross Rent Multiplier: --
Gross Scheduled Income: $150,571
Net Operating Income: $78,946
Gross Operating Income: --
Laundry Income: $950

Annual Expense Breakdown

Total Operating Expense: $71,625
Electric: $1,700
Gas/Fuel: $365
Licenses: $160
New Taxes: $30,000
Trash: $2,150
Gardener: $2,900
Insurance: $4,500
Professional Management: $27,000
Water/Sewer: $1,950

Property Details for 7646 Milton Ave

Interior Features

Laundry Information

Has Laundry
Community

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: Level with Street, Lot 6500-9999, Park Nearby
Lot Size Source: Assessor
Common Interest: Community Apartment

Property Information

Common Walls: 2+ Common Walls
Total # of Units: 8
Parcel Number: 8141014016
Year Built Source: Assessor
Property is Attached

Homeowners Association, Utilities, Taxes / Assessments

Utilities Information

Sewer: Public Sewer
Water Source: Public

Location / Neighborhood

Location Information

Directions: N/ Whittier Blvd- W/ Greenleaf

Neighborhood Information

Community Features: Curbs, Gutters, Sidewalks

View more facts & features

Local Whittier Agent

Sale History for 7646 Milton Ave

Last sold for $2,250,000 on January 13th, 2023

January, 2023
Jan 13, 2023

Date

Sold

CRMLS: PW22249346

$2,250,000

Price
Dec 1, 2022

Date

Active

CRMLS: PW22249346

$2,400,000

Price

Tax History for 7646 Milton Ave

Assessed Value (2020): $180,494

Year	Land Value	Improved Value	Assessed Value
2020	$30,013	$150,481	$180,494

Home Value Compared to the Market

This property vs the competition

7646 Milton Ave sold on January 13, 2023 for 193.58% higher than the current median sold price for the city of Whittier which is $817,500. The median sold price per/sqft for Whittier is $554 and this home is sold at $436.05 per/sqft which puts the price per square foot 21.29% lower than the current median sale per square foot for the city of Whittier.

About 7646 Milton Ave

Detailed summary of property

7646 Milton Ave is a apartment that recently sold in Whittier, CA 90602. This apartment offered 12 bedrooms, 8 bathrooms, roughly 5,504 living square feet, and sits on an approximately 7,000 square foot lot. 7646 Milton Ave was first listed on ArdentRealEstateGroup.com on December 1, 2022. The homeowner sold the property for $2,250,000. Home in Whittier are selling for a median price of $817,500 and a median price per square foot of $554. Based on Ardent Real Estate Group's Whittier Market Data, this home is sold 193.58% higher than the current median priced home. Local homes that are currently for sale include 3701 W Savanna St, 3700 W Savanna St and 3860 Eagle St. While the average home in Whittier, CA is selling in 53 days, 7646 Milton Ave has a days on market of 12 days. There are currently 226 homes for sale in the Whittier real estate market and 189 of them are single family homes while 25 of them are condos and 12 are townhomes. For more information on this home for sale at 7646 Milton 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 7646 Milton Ave

Public county record property details

Beds: 12
Baths: 8
Year built: 1962
Sq. Ft.: 5,504
Lot Size: 7,000
Stories: --

Type: Apartment House (5+ Units)
Pool: No
Spa: No
County: Los Angeles
Lot#: 15
APN: 8141-014-016

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

$888,000

Median List Price/Sq.Ft.

$541

Median Sold Price

$895,000

Median Sold Price/Sq.Ft.

$533

Total Inventory

Median Sale to List Price %

106.8%

Avg Days on Market

Loan Type

Conventional (71.43%), FHA (0%), VA (0%), Cash (28.57%), 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.