6503 Newlin Avenue

Whittier, CA 90601

$2,785,000
Last Sold Price
18
Beds
13
Baths
7,848 Sq. Ft.
$355 / Sq. Ft.
7,848
Sq. Ft.
$355
per Sq. Ft.

Description

Prime opportunity to purchase a side by side triplex and quadruplex in Uptown Whittier. Owned by the same family for over 35 years, pride of ownership is evident inside and out. All units are occupied, and tenants have kept current on rents through the entirety of the pandemic. Each unit is separately metered for gas and electricity and features central heat and air and separate, dedicated garages with 2 spaces per unit. Some units have been upgraded recently, but there is potential upside in rents...Prime opportunity to purchase a side by side triplex and quadruplex in Uptown Whittier. Owned by the same family for over 35 years, pride of ownership is evident inside and out. All units are occupied, and tenants have kept current on rents through the entirety of the pandemic. Each unit is separately metered for gas and electricity and features central heat and air and separate, dedicated garages with 2 spaces per unit. Some units have been upgraded recently, but there is potential upside in rents and capital improvements. Excellent location mere blocks from Greenleaf Promenade and other destinations in Uptown Whittier, and a short drive from PIH Health Hospital and Whittier College.

Listing Agent

  1. Geoffrey Borys

    Geoffrey Borys

    Listing Agent

    Compass

    DRE #01928098

Property Details for 6503 Newlin Avenue

Zoning
WHC2*
Style
Traditional
Cross Streets
Hadley and Pickering
Parcel Number
8139008028
Total Units
7.0
Living Area
7848
Source Living Area
Assessor
Area
Whittier (670)

Location

Listing Courtesy of Compass, Geoffrey Borys, DRE #01928098

Sold By Berkshire Hathaway Home Srvcs, January Lee, DRE #01095604

Add your commute
LISTING UPDATED: 07/27/2022 08:03 PM

Property Details for 6503 Newlin Avenue

StatusSold
MLS #22-168675
Days on Market15
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1985
Lot Size0.32 AC / 13,919 SF
CountyLos Angeles County

Location

Listing Courtesy of Compass, Geoffrey Borys, DRE #01928098

Sold By Berkshire Hathaway Home Srvcs, January Lee, DRE #01095604

Add your commute

Virtual Tour

Building Information for 6503 Newlin Avenue

Stories2Residences-Year Built1985Building Size-Lot Size0.32 AC / 13,919 SF

Payment Calculator

$16,546 per month

30 year fixed, 7.25% Interest

Principal and Interest

$15,199

Property Taxes

$1,347

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 6503 Newlin Avenue

Community / Development
Community / Development
  • Number Of Units: 7
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 2
  • Number Of Buildings: 2
  • Type Of Units: 7
  • Sewer: In Street Paid
  • Water Heater Features: Central Water Heater
Contract Info
Contract Info
  • Probate: No
  • Disclosures: As Is, LA/Owner Related, Trust/Conservatorship
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $147,060
  • Net Operating Income: $93,788.00
  • Gross Income: $900
  • Gross Rent Multiplier: $16.30
  • Actual Annual Gross Rent: $146,160.00
  • Laundry Income: $900
  • Owner Pays: Water, Gardener
  • Total Annual Expense: 53272
  • Gas Expense: $2,440
  • Electric Expense: $972.00
  • Trash Expense: $6,780.00
  • Tax Expense: $15,607
  • Gardener Expense: $2,400
  • Expense Licenses: $183.00
Land / Lot Info
Land / Lot Info
  • Lot Size Square Feet: 13919
Parking Details
Parking Details
  • Parking Garage: Garage - 2 Car, Garage
  • Total Parking: 14
  • Covered Parking: 14
  • Garage Spaces Total: 14
  • Parking Features: Garage - Two Door, Garage
Interior Features
Interior Features
  • Cooling: Central Air
  • Cooling Type: Central
  • Heating: Central
  • Heating Type: Central
  • Flooring: Carpet, Laminate, Tile
  • Equipment: Range/Oven
  • Cooking Appliances: Range
  • Laundry: Community, Laundry Area, Room
  • Laundry Equipment: Own
Exterior Features
Exterior Features
  • Pool: No
  • Private Pool: No
  • Pool Description: None
  • Pool Features: None
  • Spa: No
  • Spa: None
  • Roof: Composition, Shingle
  • New Construction: No
  • Construction Materials: Brick, Stucco
  • Exterior Construction: Brick, Stucco
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 06-16-2022
  • Tenant Pays: Gas, Electricity
Unit Details
Unit 1 Information
  • Unit Beds: 3
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $1,740.00
  • Unit Actual Rent: $1,740.00
  • Unit Projected Rent: $2,100.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 3
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $1,740.00
  • Unit Actual Rent: $1,740.00
  • Unit Projected Rent: $2,100.00
  • Like Units: 2
Unit 3 Information
  • Unit Beds: 3
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $1,795.00
  • Unit Actual Rent: $1,795.00
  • Unit Projected Rent: $2,200.00
  • Like Units: 3
Unit 4 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $1,150.00
  • Unit Actual Rent: $1,150.00
  • Unit Projected Rent: $2,000.00
  • Like Units: 4
Unit 5 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $2,000.00
  • Unit Actual Rent: $2,000.00
  • Unit Projected Rent: $2,100.00
  • Like Units: 5
Unit 6 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $1,505.00
  • Unit Actual Rent: $1,505.00
  • Unit Projected Rent: $2,000.00
  • Like Units: 6
Unit 7 Information
  • Unit Beds: 3
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,250.00
  • Unit Actual Rent: $2,250.00
  • Unit Projected Rent: $2,300.00
  • Like Units: 7
Unit Details
  • Unit Type Type: 2106, 2107, 2108, 2109, 2110, 2111, 2112
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $396,808.00
  • Assessed Improvement Percent: 73.34
  • Assessed Land Value: $144,279.00
  • Assessed Land Percent: 26.66
  • Assessed Total Value: $541,087.00

Property History for 6503 Newlin Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 6503 Newlin Avenue

Taxable ValueLand$882,900Additions$426,000Total$1,308,900
Tax Record2023$16,166 ($1,347 / month)
Home Facts
Total Finished SqFt3,700 SqFtAbove Grade Finished SqFt3,700 SqFtStories1Lot Size6,894 SqFtStyleTriplexYear Built1985ZoningWHC2*CountyLOS ANGELESAPN8139-008-028

Schools near 6503 Newlin Avenue

This home is within Whittier City Elementary School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 6 to 8
Rating
School
Distance
Longfellow Elementary School
PublicK to 5

Walter F. Dexter Middle School
Public6 to 8

Whittier High School
Public9 to 12

Whittier Area Community Day School
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Compass, Geoffrey Borys, DRE #01928098

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.