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7714 Newlin Ave, Whittier, CA 90602
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7714 Newlin Ave Whittier, CA 90602

$4,250,000 Sold Price as of 04/18/2022
  • 24 Beds
  • 58.5 Baths
  • 12,079 Sq.Ft.
Sold
$4,250,000 Sold Price as of 04/18/2022 Refinance Your Mortgage
Map preview of 7714 Newlin Ave, Whittier, CA 90602

Property Overview: 7714 Newlin Ave Whittier, CA has 24 bedrooms, 58.5 bathrooms, 12,079 living square feet and 14,095 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: 7714 Newlin Ave has an ideal Whittier location, positioned in a predominately residential area of the city yet just moments away from lively Uptown Whittier. Additionally, the property is adjacent to Whittier College, a world-class private college. This well maintained 14 unit 2 story apartment building has many long term tenants. It consists of (8) two bedrooms 1 bath, (2) one bedroom 1 bath, (2) studio & (2) three bedroom 2 bath units. Units offer carpet, and vinyl flooring, gas stoves, ceiling fans. Select units have been upgraded with new kitchen cabinets, bathroom vanities, stone countertops & vinyl plank flooring. Laundry is easily accessible with 2 separate laundry rooms. Tenant parking includes 12 single car tuck-under carports, 6 garages, 2 open parking spots. Property is gated with secured entry and parking. Sale of this property subject to sellers finding replacement property for a 1031 tax exchange. PLEASE DO NOT WALK THE PROPERTY OR DISTURB RESIDENTS.

Listed by Mary Kasenberg | BRE #00523581 | Coldwell Banker Realty
Last checked: 10 minutes ago | Last updated: April 18th, 2022 | Source CRMLS | DOM: 5

Home details

Lot Sq. Ft
14,095
HOA Dues
$0/mo
Year built
1974
Garage
4 Car
Property Type:
Multi Family
Status
Sold
MLS#
PW22019889
City
Whittier
County
Los Angeles
Time on Site
959 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 14
  • Total # of Buildings: 1
  • # of Leased Units: 14
  • # of Electric Meters: 15
  • # of Gas Meters: 15
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 2
  • # of Beds: 3
  • # of Baths: 4
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,100
  • Total Rent: $4,200
  • Pro Forma/Market Rent: $5,000
Unit Breakdown 2
  • # of Units: 8
  • # of Beds: 2
  • # of Baths: 8
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,600
  • Total Rent: $12,500
  • Pro Forma/Market Rent: $13,600
Unit Breakdown 3
  • # of Units: 2
  • # of Beds: 0
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,075
  • Total Rent: $2,150
  • Pro Forma/Market Rent: $2,400
Unit Breakdown 4
  • # of Units: 2
  • # of Beds: 1
  • # of Baths: 2
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,550
  • Total Rent: $3,100
  • Pro Forma/Market Rent: $3,300
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $263,000
  • Net Operating Income: $213,000
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $50,000
  • Electric: $943
  • Gas/Fuel: $3,556
  • Licenses: $232
  • Trash: $0
  • Gardener: $2,780
  • Insurance: $3,622
  • Professional Management: $0
  • Water/Sewer: $9,470

Property Details for 7714 Newlin Ave

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Common Area, Community
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Carpet, Laminate
Kitchen Information
  • Has Appliances
  • Disposal, Gas Oven, Gas Range, Microwave
Interior Features
  • Levels: Two
  • Security Features: Automatic Gate, Smoke Detector(s)
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 18
  • Has Parking
  • Parking Features: Assigned, Built-In Storage, Carport, Detached Carport
Lot Information
  • Lot Features: Lot 10000-19999 Sqft
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 14
  • Parcel Number: 8141022029
  • 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: W/Painter Ave N/Whittier Bl
Neighborhood Information
  • Community Features: Curbs, Park, Sidewalks, Storm Drains, Street Lights
View more facts & features

Local Whittier Agent

Sale History for 7714 Newlin Ave

Last sold for $4,250,000 on April 18th, 2022

  • February, 2022

  • Feb 17, 2022

    Date

    Pending

    CRMLS: PW22019889

    $4,200,000

    Price

  • Feb 3, 2022

    Date

    Active

    CRMLS: PW22019889

    $4,200,000

    Price

  • September, 2012

  • Sep 28, 2012

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • April, 2012

  • Apr 6, 2012

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 7714 Newlin Ave

Assessed Value (2020): $1,437,274
Year Land Value Improved Value Assessed Value
2020 $574,746 $862,528 $1,437,274

Home Value Compared to the Market

This property vs the competition

7714 Newlin Ave sold on April 18, 2022 for 397.04% 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 $347.71 per/sqft which puts the price per square foot 40.87% lower than the current median sale per square foot for the city of Whittier.

About 7714 Newlin Ave

Detailed summary of property

7714 Newlin Ave is a multi family that recently sold in Whittier, CA 90602. This multi family property offered 24 bedrooms, 58.5 bathrooms, roughly 12,079 living square feet, and sits on an approximately 14,095 square foot lot. 7714 Newlin Ave was first listed on ArdentRealEstateGroup.com on February 3, 2022. The homeowner sold the property for $4,250,000. 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 397.04% higher than the current median priced home. Local homes that are currently for sale include 306 E California Blvd, 9371 Cellini Ave and 147 N Michigan Ave. While the average home in Whittier, CA is selling in 61 days, 7714 Newlin Ave has a days on market of 5 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 7714 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 7714 Newlin Ave

Public county record property details
Beds
--
Baths
16
Year built
1974
Sq. Ft.
12,036
Lot Size
14,094
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
10,11
APN
8141-022-029

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%)

Thinking of Selling?

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Recently Sold Homes Near 7714 Newlin 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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