7616 Milton Avenue is a renovated three-unit multifamily investment property in Whittier, California. The property consists of a desirable mix of two two-bedroom/one-bath and one one-bedroom/one-bath bungalows that are individually metered for gas, water, and electricity. The units boast granite countertops, new flooring, new roofs, and dedicated parking. A new investor could further boost the units’ strong appeal by fencing in private yards.
7616 Milton Avenue is located in a desirable area just a few blocks from the Whittier Library, Community Center, Community Theater, City Hall, and Friends Park, and just a two-minute drive from a Smart & Final Extra! grocery store. This area is a majority-renter market with an average household income within one mile that exceeds $70,000.
This offering presents an excellent opportunity for an investor to acquire a well-located, renovated asset with a desirable unit mix and capture 50 percent rental upside.
Based on information from California Regional Multiple Listing Service, Inc. as of March 31st, 2020 at 5:27am PDT. 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.