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6251 Milton Ave 5 Unit Apartment Building $2,198,574 CAD ($439,715 CAD/Unit) 5.80% Cap Rate Whittier, CA 90601
INVESTMENT HIGHLIGHTS
- Long ownership history! First time on the market in 48 years!
- Prime Location in Uptown Whittier!
- Excellent unit mix of 2 x (2B+1B) and 3 x (1B+1B) units.
EXECUTIVE SUMMARY
Long ownership history! First time on the market in 48 years! Extremely well-maintained 5-Unit Apartment Building in Uptown Whittier, CA. Completely renovated inside and out. Excellent unit mix of 2 x (2B+1B) and 3 x (1B+1B) units. All 5 units are separately metered for electricity and gas, including an additional electricity and gas meter for the common area. Laundry units are owned and provide extra income. New exterior paint, stucco, and doors (08/2022). Roof was replaced and has 20-year warranty (10/2022). New electrical panels in each unit and laundry room (01/2025). Each unit includes a dedicated carport parking space with private storage. Perfectly positioned within just a five-minute walk to Uptown Whittier's Historic Greenleaf District, where residents can immerse themselves in a vibrant scene of trendy cafés, local eateries, boutique shopping, the Starlight Whittier Village Cinemas, a weekly farmers market, and other cultural attractions. This walkable neighborhood delivers the best of both worlds—intimate small-town appeal with a dynamic urban vibe—making it highly desirable for today’s renters. The property also sits only steps from a scenic park with a well-equipped playground and tennis courts, boosting neighborhood desirability.
PROPERTY FACTS
| Price | $2,198,574 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $439,715 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.14 AC |
| Cap Rate | 5.80% | Building Size | 3,492 SF |
| Gross Rent Multiplier | 12.77 | Average Occupancy | 100% |
| No. Units | 5 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1961 |
| Property Subtype | Apartment | Parking Ratio | 1.72/1,000 SF |
| Zoning | R4, Whittier | ||
| Price | $2,198,574 CAD |
| Price Per Unit | $439,715 CAD |
| Sale Type | Investment |
| Cap Rate | 5.80% |
| Gross Rent Multiplier | 12.77 |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.14 AC |
| Building Size | 3,492 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1961 |
| Parking Ratio | 1.72/1,000 SF |
| Zoning | R4, Whittier |
AMENITIES
UNIT AMENITIES
- Storage Space
SITE AMENITIES
- Laundry Facilities
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 3 | - | - |
| 2+1 | 2 | - | - |
1 1
Walk Score®
Walker's Paradise (91)
PROPERTY TAXES
| Parcel Number | 8135-003-011 | Improvements Assessment | $384,283 CAD |
| Land Assessment | $211,930 CAD | Total Assessment | $596,213 CAD |
PROPERTY TAXES
Parcel Number
8135-003-011
Land Assessment
$211,930 CAD
Improvements Assessment
$384,283 CAD
Total Assessment
$596,213 CAD
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6251 Milton Ave
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