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7940 Milton Ave, Whittier, CA 90602
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7940 Milton Ave Whittier, CA 90602

$840,000 Sold Price as of 05/05/2023
  • 5 Beds
  • 4 Baths
  • 2,008 Sq.Ft.
Sold
$840,000 Sold Price as of 05/05/2023 Refinance Your Mortgage
Map preview of 7940 Milton Ave, Whittier, CA 90602

Property Overview: 7940 Milton Ave Whittier, CA has 5 bedrooms, 4 bathrooms, 2,008 living square feet and 5,353 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Value add property located in Whittier. This four unit building has not been on the market in over 36 years. Property consists of 3 one bedroom one Bathroom units and a detached two bedroom one bathroom House in the back. Property is in the need of some repair and is priced accordingly. Tons of upside.....

Listed by Steve Leitner | BRE #01310869 | Compass Newport Beach
Last checked: 13 minutes ago | Last updated: June 5th, 2023 | Source CRMLS | DOM: 259

Home details

Lot Sq. Ft
5,353
HOA Dues
$0/mo
Year built
1928
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
PW22156988
City
Whittier
County
Los Angeles
Time on Site
786 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 2
  • # of Leased Units: 4
  • # of Electric Meters: 3
  • # of Gas Meters: 3
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $875
  • Total Rent: $875
  • Pro Forma/Market Rent: $1,500
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $875
  • Total Rent: $875
  • Pro Forma/Market Rent: $1,500
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $850
  • Total Rent: $850
  • Pro Forma/Market Rent: $1,500
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,200
  • Total Rent: $1,200
  • Pro Forma/Market Rent: $1,800
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $3,800
  • Net Operating Income: $3,275
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $525
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $185
  • Insurance: $75
  • Water/Sewer: $265

Property Details for 7940 Milton Ave

Interior Features
Laundry Information
  • No Laundry
  • None
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: Rectangular Lot
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 4
  • Parcel Number: 8141025031
  • Year Built Source: Assessor
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Turn on Milton
Neighborhood Information
  • Community Features: Gutters
View more facts & features

Local Whittier Agent

Sale History for 7940 Milton Ave

Last sold for $840,000 on May 5th, 2023

  • May, 2023

  • May 5, 2023

    Date

    Sold

    CRMLS: PW22156988

    $840,000

    Price

  • Jul 18, 2022

    Date

    Active

    CRMLS: PW22156988

    $1,000,000

    Price

Tax History for 7940 Milton Ave

Assessed Value (2020): $285,600
Year Land Value Improved Value Assessed Value
2020 $109,950 $175,650 $285,600

Home Value Compared to the Market

This property vs the competition

7940 Milton Ave sold on May 5, 2023 for 6.5% 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 $448.16 per/sqft which puts the price per square foot 23.78% lower than the current median sale per square foot for the city of Whittier.

About 7940 Milton Ave

Detailed summary of property

7940 Milton Ave is a multi family that recently sold in Whittier, CA 90602. This multi family property offered 5 bedrooms, 4 bathrooms, roughly 2,008 living square feet, and sits on an approximately 5,353 square foot lot. 7940 Milton Ave was first listed on ArdentRealEstateGroup.com on July 26, 2022. The homeowner sold the property for $840,000. 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 6.5% higher than the current median priced home. Local homes that are currently for sale include 1117 Amalia Ave, 4524 Hammel St and 4280 Dennison St. While the average home in Whittier, CA is selling in 60 days, 7940 Milton Ave has a days on market of 259 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 7940 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 7940 Milton Ave

Public county record property details
Beds
5
Baths
4
Year built
1928
Sq. Ft.
2,008
Lot Size
5,353
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
25
APN
8141-025-031

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
$890,000
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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Thinking of Selling?
Call, Text or Message
(714) 706-1823

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Recently Sold Homes Near 7940 Milton 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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