7616 Milton Avenue, Whittier, CA 90602
Property · 2 recorded sales since 2016
Sold August 2020
Listing Agent: Steven Bogoyevac (DRE #01332755) · Listing Office: Steven M. Bogoyevac, Broker · Contact: 562-436-5800 · Bought with: Lily Campbell · First Team Real Estate · MLS #PW20057389 · Source: CRMLS
About this property
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.
Listing description from the August 2020 sale, as reported to CRMLS.
Sale history
