Est. cap rate

3.0%

Assumed rent, all units

$8,800/mo

Units

4

Price per unit

$437,500

Est. annual NOI

$52,800

Expense assumption

50%

Estimates only, based on HUD Fair Market Rents (a conservative 40th percentile floor) and a standard 50% operating expense assumption. Not a guarantee of income or value. Ask Alex for a pro forma using comparable rent data.

Run your own numbers

Adjust the assumptions to see cash flow and cash on cash return.

Illustration only, using a 30 year loan and your assumptions above. Not a loan offer, financial advice, or a guarantee. Confirm financing and actual rents independently.

Property details

Type

Quadruplex

Bedrooms

4

Building size

4,987 sqft

Lot size

7,003 sqft

Year built

1990

Stories

2

Garage spaces

8

Heating

Central

Cooling

Central Air

Pool

None

Status

Active

Days on market

1

MLS #

249190356

About this property

Fourplex investment opportunity in the heart of Uptown Whittier near Broadway and Newlin avenues. This clean, gated property features four units across two buildings. The main building houses three spacious three-bedroom, two-bathroom units, while the rear building contains a two-bedroom, two-bathroom unit. Each unit has its own two-car garage, and the property has gated access at both the front and rear. The front unit features a gas fireplace for those cozy nights! The largest unit will be delivered vacant, offering flexibility to occupy it or lease it upon closing. Long-term tenants in the remaining units provide existing rental income, and the on-site laundry generates additional revenue. With private garage parking for every unit and a location near Uptown Whittier’s shops, restaurants, and cafés, this property offers a versatile opportunity for an investor or owner-occupant. PLEASE DO NOT DISTURB OCCUPANTS.

Location

6247 Newlin

Whittier, Los Angeles, CA, 90601